Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Fuel prices slightly elevated this week
MOSES LAKE — After weeks of steady increases, fuel prices across Washington and the nation largely held steady thi…
Libya’s oil company says largest oil field shut down again
CAIRO (AP) — A unit affiliated with Libya’s east-based forces that have been trying to capture Tripoli but are now on the retreat, ordered the country's largest oil field to halt work just hours after it restarted …
Powell likely to stress Fed's ability to further aid economy
WASHINGTON (AP) — Chairman Jerome Powell faces a challenging task Wednesday: He'll need to make a convincing case that the Federal Reserve is committed to using all its tools to bolster an economy gripped by recess…
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Hong Kong OKs $5 billion bailout for Cathay Pacific Airways
HONG KONG (AP) — Financially battered Hong Kong airline Cathay Pacific Airways has become the latest airline to resort to government support to survive the coronavirus pandemic.
Cyprus resumes commercial flights after ending 11-week ban
LARNACA, Cyprus (AP) — An Israeli airliner with 22 passengers aboard became the first commercial flight to touch down in Cyprus after the east Mediterranean country reopened its airports following an 11-week ban ai…
The Latest: SKorea requires QR codes at 'high-risk' venues
SEOUL, South Korea -- South Korea has reported 50 new cases of COVID-19 as officials begin requiring nightclubs, karaoke rooms and gyms to register their customers with smartphone QR codes so they could be easily l…
EU rejects any US attempt to invoke Iran nuclear deal
BRUSSELS (AP) — The European Union’s top diplomat said Tuesday that since the United States has already withdrawn from an international agreement curbing Iran’s nuclear ambitions, it can't now use its former member…
Asia Today: India surge continues with nearly 10,000 cases
NEW DELHI (AP) — The number of coronavirus cases in India continued to rapidly increase Wednesday, with officials reporting nearly 10,000 new cases over the past 24 hours.
France announces $16.9 billion in aid for aviation industry
PARIS (AP) — France’s government is pumping 15 billion euros ($16.9 billion) in rescue money into the pandemic-battered aerospace industry, in hopes of saving its hundreds of thousands of jobs and keeping plane mak…
Gold and diamonds lose luster, but garden supply sales shine
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the…
Federal court upholds Enbridge's Great Lakes spill plans
TRAVERSE CITY, Mich. (AP) — Enbridge has produced legally acceptable plans for dealing with a potential spill from oil pipelines that cross a Michigan channel linking two of the Great Lakes, according to a federal …
China's companies emerge as global donors in virus pandemic
BEIJING (AP) — As the coronavirus spread, the world’s richest communist dug into his deep pockets.
Trump admin opposes extending enhanced unemployment benefit
WASHINGTON (AP) — The Trump administration opposes a Democratic proposal to extend a $600 per week federal unemployment benefit approved in response to the coronavirus pandemic, Labor Secretary Eugene Scalia said T…
Ireland bans hosepipe use as dry spring parches Emerald Isle
LONDON (AP) — Irish authorities have imposed a six-week garden-hose ban after the country renowned for rainy weather experienced one of the driest springs on record and demand surged during the coronavirus lockdown.