AP National Business

By JILL LAWLESS Associated Press LONDON (AP) — The head of Britain’s foreign intelligence agency says China, Russia and Iran pose three of the biggest threats facing the U.K. in a fast-changing, unstable world. MI6 chief Richard Moore says the three countries and international terrorism make up the “big four” security issues confronting Britain’s spies.

By PAN PYLAS Associated Press LONDON (AP) — Official figures show that consumer prices across the 19 countries that use the euro currency are rising at a record rate. The European Union’s statistics agency said Tuesday that the eurozone’s annual inflation rate hit 4.9% in November, largely as a result of a huge spike in

COPENHAGEN, Denmark. (AP) — Sweden’s first female prime minister has presented her one-party minority government with only a few changes compared to her previous Cabinet. Magdalena Andersson had been Sweden’s finance minister and she picked Mikael Damberg to replace her in that role Tuesday. Damberg previously had been home affairs minister. Andersson is the leader

By PAN PYLAS Associated Press LONDON (AP) — British airline easyJet says it’s already seeing some impact on demand from the new omicron variant of the coronavirus in the days since it was first identified. The airline also revealed another full-year loss in excess of 1 billion pounds Tuesday. It says it’s seen signs that

BRUSSELS (AP) — Official figures show that consumer prices across the 19 countries that use the euro currency are rising at a record rate. The European Union’s statistics agency said Tuesday that the eurozone’s annual inflation rate hit 4.9% in November, largely as a result of a huge spike in energy costs. That’s the highest

Associated Press NEW YORK (AP) — World markets and U.S. futures have fallen as investors cautiously weigh how much damage the new omicron coronavirus variant may unleash on the global economy. Shares fell in Frankfurt, London and Paris after sinking in most Asian markets. Analysts say a serious economic downturn likely can be averted because

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares have fallen, with South Korea’s benchmark down 2.4%, as investors cautiously weigh how much damage the new omicron coronavirus variant may unleash on the global economy. Stocks also fell in Tokyo and Hong Kong but rose in Shanghai and Sydney. Analysts say a serious

By CATHY BUSSEWITZ and MARTHA IRVINE Associated Press ARLINGTON, Texas (AP) — Next to a North Texas day care center is a site where Total Energies is pumping for natural gas. The French energy giant wants to drill three new wells on the property next to the center, which serves mainly Black and Latino children.

BEIJING (AP) — A survey shows China’s manufacturing activity rebounded in November as orders improved and power shortages eased. An industry group and the national statistics agency said a monthly purchasing managers’ index rose to 50.1 from October’s 49.2 on a 100-point scale. The index spent the previous two months below 50, which shows activity

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares are mixed as investors continue to cautiously weigh how much damage the new omicron coronavirus variant may unleash on the global economy. Benchmarks in Japan and Australia rose, but shares fell in South Korea. Hong Kong’s Hang Seng was trading lower, while the Shanghai

By CHRISTOPHER WEBER Associated Press LOS ANGELES (AP) — Enforcement began in Los Angeles for one of the strictest vaccine mandates in the country. It’s a sweeping measure that requires proof of shots for everyone entering a wide variety of businesses from restaurants to theaters and gyms to nail and hair salons. While the latest

By MICHAEL LIEDTKE AP Technology Writer SAN JOSE, Calif. (AP) — Disgraced entrepreneur Elizabeth Holmes on Monday cast herself as the abused puppet of her former lover and business partner Sunny Balwani during tearful testimony aimed at refuting accusations she lied about a flawed blood-testing technology that hailed as a major breakthrough. While founding Theranos

By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Americans are spending freely and going back to store shopping, knocking out some of the momentum in online sales from last year when Americans were making many of their purchases exclusively via the internet. Shopper traffic roared back on Black Friday, but it was still

By BARBARA ORTUTAY AP Technology Writer Newly named Twitter CEO Parag Agrawal (PUH-rag AH-gur-wahl) has emerged from behind the scenes to take over one of Silicon Valley’s highest-profile and politically volatile jobs. But his prior lack of name recognition coupled with a solid technical background appears to be what some big company backers were looking

By BARBARA ORTUTAY, MICHELLE CHAPMAN and TALI ARBEL AP Business Writers Jack Dorsey is leaving his post as Twitter’s chief executive. It’s the second time in his career that he’s stepped down from the job. This time he says it’s by choice. Dorsey offered no specific reasons for his resignation Monday beyond an abstract argument

By HALELUYA HADERO AP Business Writer In the past 10 years, charities have made splashy fundraising appeals and raked in billions in donations on GivingTuesday, which takes place the first Tuesday after Thanksgiving. Last year, American donors gave nearly $2.5 billion amid growing needs brought on by the COVID-19 pandemic and the nation’s racial reckoning.

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell says that the appearance of a new COVID-19 variant could slow the economy and hiring. He also says it raises uncertainty about inflation. Powell says in remarks to be delivered to the Senate Banking Committee Tuesday that he recent increase in