Tag: Economy

Air Canada, Canadian government agree on pandemic bailout

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TORONTO — Air Canada says it has agreed with the Canadian government on financing that will allow the airline to access as much as...

AP source: Electric vehicle battery firms settle trade spat

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WASHINGTON — Two big South Korean electric vehicle battery makers have settled a long-running trade dispute that will allow one of them to move...

IMF: Vaccine inequity threatens Mideast’s economic recovery

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DUBAI, United Arab Emirates — Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass...

Business faces tricky path navigating post-Trump politics

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WASHINGTON — For more than a half-century, the voice emerging from the U.S. Chamber of Commerce’s monolithic, Beaux Arts-styled building near the White House...

Pandemic, hunger forces thousands into sex work in Mexico

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MEXICO CITY — Hardships caused by the coronavirus pandemic have forced former sex workers in Mexico back into the trade years after they left,...

German firms put forward proposal to rebuild Beirut port

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BEIRUT — Representatives of several private German companies on a visit to Lebanon outlined on Friday an elaborate, multi-billion dollar study to rebuild the...

Feds charge 3 more in massive California unemployment fraud

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SACRAMENTO, Calif. — Federal prosecutors said Friday that they have charged three Southern California women with using prison inmates' names to bilk a state...

EXPLAINER: Starving for more chips in a tech-hungry world

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SAN RAMON, Calif. — As the U.S. economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that...

Brazil top court orders probe of Bolsonaro’s pandemic steps

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SAO PAULO — A Brazilian Supreme Court justice ordered the Senate on Thursday to investigate the government's handling of the coronavirus crisis and the...

Kim compares North Korea’s economic woes to 1990s famine

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SEOUL, South Korea — North Korean leader Kim Jong Un has called for waging another “arduous march” to fight severe economic difficulties, for the...