AP National Business

By DANICA KIRKA Associated Press LONDON (AP) — British Prime Minister Boris Johnson’s government is facing allegations of favoritism and corruption after a backlash from lawmakers and the public over efforts to rewrite lobbying rules and shield a member of Johnson’s party from censure. The Conservative Party lawmaker at the center of the dispute resigned

By TOM MURPHY AP Health Writer Moderna is scaling back expectations for the number of COVID-19 vaccine deliveries it expects to make this year and the revenue it will record from them. Issues including longer delivery lead times for exports and a temporary impact from expanding the company’s capacity to fill vials with vaccine and

BERLIN (AP) — Official data shows that German factory orders, an important indicator for Europe’s biggest economy, made a feeble recovery in September after a big drop the previous month. The Economy Ministry said Thursday that orders were up 1.3% after a steep 8.8% decline in August. Even September’s small gain was boosted by bulk

By JIM HEINTZ Associated Press MOSCOW (AP) — Russia has set another record for daily coronavirus deaths as it struggles through a long surge of infections that has prompted restrictions throughout the country. The national coronavirus task force on Thursday said 1,195 people died of COVID-19 over the past day. That exceeds the 1,189 recorded

By HAU DINH Associated Press HANOI, Vietnam (AP) — Vietnam is seeking more information about a Vietnamese oil tanker that was seized at gunpoint last month by Iranian soldiers in the Gulf of Oman, while vowing to ensure the safety and humane treatment of the ship’s crew members. Iran’s powerful paramilitary Revolutionary Guard troops on

By DAVID McHUGH and JOSH BOAK Associated Press FRANKFURT, Germany (AP) — The oil-producing alliance known as OPEC+ is meeting to decide how much oil to pump. U.S. President Joe Biden has been calling for faster increases to make up for production cuts during the coronavirus pandemic. But chief OPEC member Saudi Arabia and the

By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Norway’s largest pension fund says it has divested from 14 companies involved in producing nuclear missiles and other weapons. Oslo-based KLP manages more than 300 billion kroner, equal to more than $35 billion. The fund said Thursday that it made the decision after reviewing companies

By ANGELA CHARLTON Associated Press SOULAINES-DHUYS, France (AP) — Nuclear power is a central sticking point as negotiators plot out the world’s future energy strategy at the climate talks in Glasgow, Scotland. Critics decry its mammoth price tag, the disproportionate damage caused by nuclear accidents, and the radioactive waste left behind. But a growing pro-nuclear

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares are rising, boosted by the U.S. Federal Reserve’s announcement that it will begin winding down the extraordinary aid for the economy it has been providing since early in the pandemic. Benchmarks in France, Germany and Britain are higher in early trading. Shares in Japan,

By PAN PYLAS Associated Press LONDON (AP) — The Bank of England is widely expected to raise interest rates in order to combat rising inflation, a move that is likely to make mortgages and loans more costly. Financial markets think the bank is more likely than not to raise its main interest rate Thursday from

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese video game maker Nintendo says its profit dropped 19% in the first half of its fiscal year. It had received a big lift in the previous year as people stuck at home by the coronavirus pandemic turned to its products. Kyoto-based Nintendo, which is behind

By KIRSTEN GRIESHABER Associated Press BERLIN (AP) — Germany’s disease control agency has reported the highest number of new infections with the coronavirus since the outbreak of the pandemic. The Robert Koch Institute said Thursday that 33,949 new cases had been registered in the last 24 hours. That’s up from 28,037 daily cases a week

By JOHN FLESHER and TAMMY WEBBER Associated Press MONTICELLO, Minnesota (AP) — Solar is a renewable energy source that can help wean the world off fossil fuels that produce climate-warming gases. But it also could benefit the environment and economy in ways not as well known. As panels spread across the landscape, the grounds around

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japan’s top automaker Toyota is reporting a 33% jump in second fiscal quarter profit as it raised its full year forecast despite supply chain woes related to the coronavirus pandemic. Toyota Motor Corp. recorded a $5.5 billion profit for the July-September period. Quarterly sales rose 11%

By NASSER KARIMI Associated Press TEHRAN, Iran (AP) — The son of an Iranian war hero burned himself to death last month outside a building where officials who help relatives of veterans had failed to find him a job. The desperate act by the father of three in southern Iran shocked many and threw a

By ERIC TUCKER Associated Press WASHINGTON (AP) — U.S. authorities are expecting arrests and criminal charges related to ransomware in the coming weeks. That’s according to Deputy Attorney General Lisa Monaco, who spoke to The Associated Press about the U.S. government’s response to the ransomware threat. She declined to be specific, but said that “in