AP National Business

By AYA BATRAWY Associated Press DUBAI, United Arab Emirates (AP) — Airbus says it has terminated a multibillion dollar order by Qatar Airways for 50 of its single-aisle A321neo jet. The termination of the contract comes as the planemaker and its major Gulf customer, Qatar Airways, are embroiled in a legal dispute in London over

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — A spokesperson for the International Committee of the Red Cross in Yemen says there have been “over 100 detainees killed and injured” in a Saudi-led airstrike on a prison in the country’s rebel-held north. Basheer Omar, an ICRC spokesperson in Yemen told The Associated

By JOHN SEEWER and ANDREW WELSH-HUGGINS Associated Press COLUMBUS, Ohio (AP) — Chip maker Intel said it will invest $20 billion to build a new factory in Ohio, an attempt to help alleviate a global shortage of chips powering everything from phones to cars to home appliances while also signaling the giant company’s commitment to

BEIJING (AP) — China has criticized Washington for imposing sanctions on Chinese companies accused of exporting missile technology, and accused the United States of hypocrisy for selling nuclear-capable cruise missiles. The United States announced penalties on three companies it said were engaged in unspecified “missile technology proliferation activities.” It said they were barred from U.S.

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Yemen has lost its connection to the internet after Saudi-led airstrikes targeted a site in the contested city of Hodeida. Advocacy group NetBlocks said the disruption began around 1 a.m. Friday after an airstrike on a telecom building. The state-owned monopoly that controls internet

By LORI HINNANT Associated Press PARIS (AP) — Total Energies and Chevron, two of the world’s largest energy companies, are stopping all operations in Myanmar. The companies are citing rampant human rights abuses and deteriorating rule of law since the country’s military overthrew the elected government. The announcement came Friday just a day after Total

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares have declined in Europe and Asia after a late-afternoon sell-off wiped out gains for stocks on Wall Street. Benchmarks slipped in Paris, Frankfurt, London and Tokyo. Hong Kong edged higher, while oil prices fell. On Thursday, the S&P 500 lost 1.1% and the Dow Jones

By LORI HINNANT Associated Press PARIS (AP) — TotalEnergies, one of the world’s largest energy conglomerates, said Friday it was stopping all operations in Myanmar, citing rampant human rights abuses and deteriorating rule of law since the country’s military overthrew the government. Chevon also said it was planning an exit. The announcement came just a

DUBAI, United Arab Emirates (AP) — A fire broke out early in Kuwait at a petrochemical site, forcing a suspension of export operations. The Kuwait National Petroleum Company said Friday that the fire in the Shuaiba Industrial Area in eastern Kuwait did not result in any injuries. Only a week ago, a fire erupted during

By FRANCES D’EMILIO Associated Press ROME (AP) — Italy is poised to elect a new president, a figure who is supposed to serve as the nation’s moral compass and foster unity by being above the political fray. Silvio Berlusconi thinks he fits the bill. The 85-year-old billionaire media tycoon and three times premier has been

By SCOTT SONNER Associated Press RENO, Nev. (AP) — A federal appeals court will have to decide whether protecting historical tribal lands and a rare toad warrant blocking a major geothermal plant in Nevada as the nation tries to move away from fossil fuels amid a looming climate crisis. Ormat Technologies says it may abandon

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian shares have declined after a late-afternoon sell-off wiped out gains for stocks on Wall Street. Tokyo fell 1.4% after Toyota Motor Corp. announced production cuts due to parts shortages. Other major regional markets also fell. Oil prices slipped, with the U.S. benchmark crude down 2.3%.

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Yemen has lost its connection to the internet after Saudi-led airstrikes targeted a site in the contested city of Hodeida. Advocacy group NetBlocks said the disruption began around 1 a.m. Friday after an airstrike on a telecom building. The state-owned monopoly that controls internet

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — The shortage of parts caused by the coronavirus pandemic is further denting production at Toyota, Japan’s top automaker. It will halt production at 11 plants in Japan for three days, on top of reductions planned in February. Supplies are running short because of a lack of

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Yemen has lost its connection to the internet after Saudi-led airstrikes targeted a site in the contested city of Hodeida. An advocacy group NetBlocks said the disruption began around 1 a.m. local. It said Yemen was “in the midst of a nation-scale internet blackout

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Restaurants and bars will close early in Tokyo and a dozen other areas across Japan beginning Friday as the country widens COVID-19 restrictions due to the omicron variant, which has caused cases to surge to new highs in metropolitan areas. The three-week restraint, which is something of

By LORI HINNANT Associated Press PARIS (AP) — French energy conglomerate TotalEnergies has asked the American and French governments to support targeted sanctions against Myanmar’s oil and gas funds. The funds are the largest single source of income for the country’s military leaders. In a letter to Human Rights Watch released Thursday, the CEO of

By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — CSX railroad’s fourth-quarter profit jumped 23% even though volume slipped amid the ongoing supply chain challenges. The Jacksonville, Florida-based railroad said Thursday it earned $934 million, or 42 cents per share. That’s up from $760 million, or 33 cents per share, a year earlier. CSX

WASHINGTON (AP) — U.S. crash investigators want the government to require owners of small planes to install carbon monoxide detectors. The National Transportation Safety Board made the recommendation Thursday to the Federal Aviation Administration. The NTSB says 42 people died in 23 fatal crashes since 1982 that were attributed to carbon monoxide poisoning. The safety

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Peloton’s shares tumbled on Thursday after a media report said the exercise and treadmill company was temporarily halting production of its connected fitness products amid waning consumer demand. Shares were down nearly 24%, or $7.62 on the news. Peloton plans to pause production of its