AP National Business

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares are mostly lower in Asia after troubled Chinese property developer Evergrande warned late Friday it may run out of money. Hong Kong dropped 1.2% but the Shanghai Composite index rose. South Korea’s benchmark advanced but Tokyo and Sydney declined. Wall Street closed out last week

BERLIN (AP) — Official statistics show that German factory orders dropped steeply in October, pushed down by much lower demand from countries outside the euro area. The Economy Ministry said orders were down 6.9% compared with the previous month, the second big drop in three months. But it said that recent developments shouldn’t be overinterpreted

By COLLEEN BARRY Associated Press MILAN (AP) — Italy is making life more uncomfortable for unvaccinated people as the holidays draw near. It is excluding them from indoor restaurants, theaters and museums into the New Year to control the spread of coronavirus and encourage vaccine skeptics to get their shots. Starting Monday through Jan. 15,

BANGKOK (AP) — Japanese beverage giant Kirin Holdings is seeking commercial arbitration in a dispute over unwinding its joint venture brewery in Myanmar. The company said Monday in a statement that it filed for arbitration in Singapore against Myanma Economic Holdings Plc, a state-owned company, to end their venture Myanmar Brewery. MEHL has filed for

The Associated Press The Federal Reserve issues its October snapshot of U.S. consumer borrowing Tuesday. The Labor Department delivers its monthly tally of job openings Wednesday. Costco Wholesale reports quarterly results Thursday.

By ASHOK SHARMA and SHEIKH SAALIQ Associated Press NEW DELHI (AP) — Indian Prime Minister Narendra Modi is meeting Russian President Vladimir Putin on Monday to discuss defense and trade relations as India attempts to balance its ties with the United States. The two countries are expected to sign agreements in trade and defense. India

By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The nation’s business economists have sharply raised their forecasts for inflation, predicting an extension of the price spikes that have resulted in large part from bottlenecked supply chains. A survey released Monday by the National Association for Business Economics found that its panel of forecasters expects

By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares are mixed in Asia after troubled Chinese property developer Evergrande warned  late Friday it may run out of money. Hong Kong dropped 1.2% but the Shanghai Composite index rose. South Korea’s benchmark advanced but Tokyo and Sydney declined. Wall Street closed out last week with

By DAVID BAUDER and JOCELYN NOVECK Associated Press Writers NEW YORK (AP) — A woman who lodged a sexual harassment allegation against former CNN anchor Chris Cuomo was “disgusted” by what she saw as his hypocrisy and attempts to discredit women who made similar allegations against his brother. The woman’s lawyer released a statement Sunday.

By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — Russian President Vladimir Putin has voiced hope for a quick approval of the country’s Sputnik V coronavirus vaccine by the World Health Organization, saying the move is essential for expanding its global supplies. Speaking during Sunday’s video call with Francesco Rocca, the president of the International Federation

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline fell 2 cents over past two weeks, to $3.46 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey says Sunday that the price drop is partly because of a crash in crude oil costs. It’s the first decline in gas prices in 14

BERLIN (AP) — German international broadcaster Deutsche Welle says it is suspending cooperation with a Jordanian partner, Roya TV, because of concerns about anti-Israeli and antisemitic content and caricatures on its social media. Deutsche Welle said Sunday it had entered a partnership with Roya TV because the broadcaster addressed issues such as gender equality, the

BATON ROUGE, La. (AP) — Insurance companies operating in Louisiana will be charged at least $100 million to pay claims of two failed property insurers who went belly up in Hurricane Ida’s aftermath. But the cost of dealing with the insolvent insurers ultimately will fall on the state after insurance companies recoup the dollars through

BRUSSELS (AP) — Belgian police used water cannon and tear gas to disperse some rowdy protesters in Brussels after most marched peacefully through the city to protest tightened COVID-19 restrictions. Thousands came to protest the new measures that were announced Friday, the third week in a row that the government has tightened its rules as

PROVIDENCE, R.I. (AP) — In a story published Dec. 2, 2021, about potential job growth from federal offshore wind initiatives, The Associated Press erroneously reported who announced the approval of the South Fork Wind project. It was the interior department, not U.S. Energy Secretary Jennifer Granholm.

NEW ORLEANS (AP) — Officials say 10 people aboard a Norwegian Cruise Line ship approaching New Orleans have tested positive for COVID-19. The Louisiana Department of Health said in a news release that the Norwegian Breakaway had departed New Orleans on Nov. 28 and is due to return this weekend. Over the past week, the

By LOLITA C. BALDOR Associated Press WASHINGTON (AP) — Defense Secretary Lloyd Austin says the Pentagon intends to work better with private industry to develop high-tech systems and to strengthen relations with allies in the Indo-Pacific region in order to maintain a competitive edge over China,. Austin says recent military activity and aggressive moves by

HOLLYWOOD, Fla. (AP) — The Seminole Tribe of Florida has shut down its online sports betting app after being dealt its latest legal defeat in a case that has halted a massive expansion of gambling throughout Florida. The tribe on Saturday said it will temporarily stop taking bets on its Hard Rock Sportsbook app in

LONDON (AP) — Britain’s government has tightened travel restrictions amid concerns about the spread of the omicron coronavirus variant. It said all travelers arriving in England will need to take a COVID-19 test before they board their flight. Health Secretary Sajid Javid said the new rules will apply from 4 a.m. London time Tuesday. He