TOKYO (AP) - Japan's government announced Friday that it will increase the amount of money it's providing to the operator of the crippled Fukushima nuclear plant to step up cleanup and reconstruction efforts.
The interest-free loans provided to Tokyo Electric Power Co. will be increased to
AMSTERDAM (AP) - Europe's top regulator says that concessions Google has offered to resolve concerns it is abusing its dominant position in search are not enough.
Speaking on Spanish national radio, European Commission antitrust chief Joaquin Almunia said Google's latest proposals in
BEIJING (AP) - China has promised to ease restrictions on imports of U.S. beef and speed up work on opening its market for government purchases of software and other goods.
The pledges Friday came as U.S. and Chinese trade and agriculture envoys ended a regular high-level dialogue.
A Chinese deputy
By NATALIYA VASILYEVAAssociated Press
MOSCOW (AP) - Russian President Vladimir Putin signed a decree Friday to pardon jailed tycoon Mikhail Khodorkovsky. Here's a look at Khodorkovsky, the implications of his imprisonment and his impending release:
WHO IS KHODORKOVSKY?
At the time of his arrest
By NATALIYA VASILYEVAAssociated Press
MOSCOW (AP) - Tycoon Mikhail Khodorkovsky has been released from prison following President Vladimir Putin's pardon, his spokeswoman told the Associated Press Friday.
Olga Pispanen said that the prison chief has confirmed that Khodorkovsky has been released
BRUSSELS (AP) - The Standard & Poor's rating agency stripped the European Union of its triple A credit rating in the wake of a bitter budget battle and the debt problems afflicting a number of its members.
However, Friday's one notch downgrade to AA+ is unlikely to cause too many
BERLIN (AP) - The German government said Friday it will borrow less money than planned this year as low unemployment fuels a steady increase in tax income, while a closely-watched survey showed German consumers believe the economic recovery is gaining momentum.
Current plans call for new borrowing
By MARK SCOLFORO and MARC LEVYAssociated Press
HARRISBURG, Pa. (AP) - The energy industry and policy makers in Pennsylvania, the heart of the nation's gas drilling boom, are thinking about their next moves after the state's highest court threw out significant portions of a law that limited
By SARAH DiLORENZOAP Business Writer
PARIS (AP) - Investors continued Friday to breathe a sigh of relief that the U.S. central bank has committed to keeping interest rates low even though it has decided to start pulling back on its monetary stimulus.
Stocks in Europe pushed higher following a
HONG KONG (AP) - Australia's Telstra said Friday it was selling its Hong Kong mobile phone business to Hong Kong billionaire Richard Li's telecom company in a deal worth $2.4 billion.
Telstra Corp. said it would earn about 2 billion Australian dollars ($1.8 billion) from selling its 76.4
BERLIN (AP) - A survey has found that German investor confidence has jumped to a 7 ½-year high in December on the back of hopes of an economic upturn in Europe.
The ZEW institute said Tuesday that its confidence index, which measures investors' expectations for the next six months, rose to 62
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - Is this week when the Federal Reserve finally slows its aggressive stimulus for the economy? Or does it want to await more evidence of a consistently improving economy?
It's a close call.
Yet most economists think the Fed will maintain
By COREY WILLIAMSAssociated Press
DETROIT (AP) - Detroit Mayor-elect Mike Duggan said Thursday that he and emergency manager Kevyn Orr will share some of the duties of running the cash-strapped city but the bulk of the financial responsibilities will remain under Orr's control.