AP National Business

BERLIN (AP) — German carrier Lufthansa said Tuesday that it planned to improve its pay offer to pilots in an effort to avert a two-day strike this week that could cause significant disruption to travelers. A union representing pilots announced plans for a walkout Wednesday and Thursday, while calling on the company to makes a

BERLIN (AP) — Swiss retailer Migros says that it’s launching a coffeemaking system designed to replace capsules, which produce thousands of tons of waste worldwide each year. The cooperative said Tuesday that its spherical capsules, described as “coffee balls,” are fully compostable unlike the plastic and aluminum containers popularized by its rival Nestle under the

BERLIN (AP) — A union representing pilots at German carrier Lufthansa says they will stage a two-day strike starting Wednesday unless the company makes a “serious” offer in talks over pay increases. It would be the second strike in a week after pilots staged a walk-out Friday that led to hundreds of flights being canceled.

By DANICA KIRKA and JILL LAWLESS Associated Press LONDON (AP) — Prime Minister Boris Johnson left his Downing Street office for the last time on Tuesday before heading to Scotland to formally offer his resignation so Liz Truss can succeed him. The British leader, who announced his intention to step down two months ago, is

By DANICA KIRKA Associated Press LONDON (AP) — Liz Truss, a onetime accountant who has served in Parliament for the past 12 years, will become Britain’s prime minister on Tuesday when Queen Elizabeth II formally asks her to form a government. The ceremony, which will take place at a royal residence in Scotland, follows a

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets were mixed Tuesday after China promised to speed up the rollout of policy changes to boost anemic economic growth and Australia’s central bank raised its benchmark interest rate. Shanghai, Tokyo and Seoul gained while Hong Kong declined. The Chinese Cabinet’s planning agency promised

By JILL LAWLESS Associated Press LONDON (AP) — Liz Truss has persuaded Britain’s Conservative Party to make her its leader. On Tuesday, she will become prime minister of the whole U.K. and must win over millions of people who don’t know her, but want her to help — fast. A day after winning a leadership

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia’s central bank has boosted its benchmark interest rate for a fifth consecutive month to a seven-year high of 2.35%.The Reserve Bank of Australia’s decision on Tuesday was the cash rate’s fourth consecutive hike of half a percentage point. When the bank lifted the rate by

NEW DELHI (AP) — Bangladeshi Prime Minister Sheikh Hasina has been welcomed to India by her counterpart, Narendra Modi, on her visit aimed at boosting bilateral ties. She and Modi are set to talk Tuesday on connectivity, energy, food security, and trade. In Bangladesh, her visit is being seen as politically significant as it comes

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets were mixed Tuesday after China promised to speed up the rollout of policy changes to boost anemic economic growth. Shanghai gained while Hong Kong declined. Tokyo and South Korea were unchanged at midday. The Chinese Cabinet’s planning agency promised Monday to accelerate easier

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — East Timor’s President Jose Ramos-Horta has arrived in Australia for a state visit as negotiations over lucrative gas resources reach a critical stage for his impoverished nation. The East Timorese are gaining confidence that they can break a 20-year deadlock with the new Australian government over

By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — The most powerful typhoon to hit South Korea in years battered its southern region Tuesday, dumping almost a meter (3 feet) of rain, destroying roads and felling power lines, leaving 20,000 homes without electricity as thousands of people fled to safer ground. Typhoon Hinnamnor grazed

DALLAS (AP) — Drugstore operator CVS Health Corp. said Monday that it will buy home-health provider Signify Health for $8 billion. CVS said Signify has more than 10,000 employees including physicians and nurses, a presence in every state, and offers technology platforms. “This acquisition will enhance our connection to consumers in the home and enables

By MUNIR AHMED Associated Press ISLAMABAD (AP) — The U.N. refugee agency has rushed in more desperately needed aid to flood-stricken Pakistan as the nation’s prime minister traveled to the south where rising waters of Lake Manchar pose a new threat. Two UNHCR planes touched down on Monday in the southern port city of Karachi

By FRANK JORDANS Associated Press BERLIN (AP) — The German government says it’s sticking to its long-held plan of shutting down the country’s three remaining nuclear power plants this year. But it says it’s keeping the option of reactivating two of them in case of an energy shortage in the coming months. The announcement Monday

By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom on Monday signed a nation-leading measure giving more than a half-million fast food workers more power and protections, despite the objections of restaurant owners who warned it would drive up consumers’ costs. The landmark law creates a 10-member Fast Food Council with

MOSCOW (AP) — A court in Moscow has found a former journalist guilty of treason and sentenced him to 22 years in a maximum security prison. The ruling Monday concluded a trial that has been widely seen as politically motivated. The sentence handed to Ivan Safronov is among the harshest moves against Russian independent journalists