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AP National Business

UK parliamentary committee to conclude Boris Johnson ‘partygate’ inquiry

By SYLVIA HUI Associated Press LONDON (AP) — A U.K. parliamentary committee is meeting to conclude its inquiry into whether former Prime Minister Boris Johnson misled lawmakers over parties at his Downing Street office that breached COVID-19 lockdown restrictions. Members of Parliament’s Privileges Committee have pledged to continue with the investigation into Johnson’s conduct after

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What to stream this week: ‘Extraction 2,’ Stan Lee doc, ‘Star Trek’ and ‘The Wonder Years’

By The Associated Press Albums from John Mellencamp and Killer Mike, as well as the return of Chris Hemsworth’s gun-for-hire anti-hero in Netflix’s “Extraction 2” are among the new television, movies, music and games headed to a device near you. Among the offerings worth your time as selected by The Associated Press’ entertainment journalists are

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Ex-Samsung exec charged with stealing trade secrets to create copycat chip factory in China

By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — South Korean prosecutors have arrested and indicted a former executive of Samsung Electronics suspected of stealing trade secrets while attempting to establish a copycat computer chip plant in China. The Suwon District Prosecutors’ Office said the unnamed 65-year-old unlawfully obtained Samsung factory blueprints and clean-room

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Nasdaq to buy financial software company Adenza in $10.5 billion cash-and-stock deal

By MICHELLE CHAPMAN AP Business Writer Nasdaq is buying software company Adenza  from software investment company Thoma Bravo in a cash-and-stock deal valued at $10.5 billion. The transaction includes $5.75 billion in cash and 85.6 million shares of Nasdaq common stock. Adenza was created through the combination of Calypso and AxiomSL. Calypso serves capital markets

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Former Papua New Guinea prime minister charged with perjury over inquiry into losing investment deal

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Former Papua New Guinean Prime Minister Peter O’Neill has been charged with providing false evidence in an inquiry into a multi-million-dollar government loss on an investment deal. O’Neill remains a lawmaker in the Pacific island nation’s parliament. He denies the charges lodged on Monday that stem

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Former Papua New Guinean Prime Minister Peter O’Neill says police charged him with perjury

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Former Papua New Guinean Prime Minister Peter O’Neill says police have charged him with providing false evidence in an inquiry into a multi-million-dollar government loss on an investment deal. O’Neill remains a lawmaker in the Pacific island nation’s parliament. He denies the charges lodged on Monday

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Japan entertainment company launches probe into sexual abuse allegations against founder

By YURI KAGEYAMA Associated Press TOKYO (AP) — A major Japanese talent agency has begun an investigation into sexual abuse allegations against its founder. The lawyer heading the probe, Makoto Hayashi, told reporters Monday it won’t address monetary or criminality questions but rather aims to prevent such abuse from happening again. Hayashi said the effort

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Cash-strapped Pakistan welcomes arrival of first shipment of discounted crude from Russia

By MUNIR AHMED Associated Press ISLAMABAD (AP) — Pakistan’s government has welcomed the arrival of the first shipment of discounted crude from Russia under a key Islamabad-Moscow deal. Prime Minister Shahbaz Sharif hailed it as a “fulfillment of promises” to the nation. Information Minister Marriyum Aurangzeb tweeted that it marked a “true service” for the

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Iraq’s parliament approves budget, ending dispute over oil revenue sharing with Kurdish region

By QASSIM ABDUL-ZAHRA and ABDULRAHMAN ZEYAD Associated Press BAGHDAD (AP) — Iraq’s parliament has belatedly approved a record $152 billion budget for 2023, after months of wrangling over the sharing of oil revenue between the central government in Baghdad and the semi-autonomous Iraqi Kurdish region in the north. The process was also hampered by infighting

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The Great Grift: Five things to know about how COVID-19 relief aid was stolen or wasted

By AARON KESSLER, RICHARD LARDNER and JENNIFER MCDERMOTT Associated Press WASHINGTON (AP) — An Associated Press analysis found that fraudsters potentially stole more than $280 billion in COVID-19 relief funding; another $123 billion was wasted or misspent. Combined, the loss represents 10% of the $4.2 trillion the U.S. government has disbursed in COVID-relief aid. Fraudsters

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