AP National Business

By DANICA KIRKA Associated Press LONDON (AP) — Britain’s Treasury chief is pledging to respond to Russia’s war in Ukraine and a cost-of-living crisis hitting working families when he delivers his spring budget statement Wednesday. Rishi Sunak didn’t offer details on specific policy proposals but said Britain would continue its “unwavering” support for Ukraine and

By NG HAN GUAN and KEN MORITSUGU Associated Press WUZHOU, China (AP) — A Chinese aviation official says one of the two “black box” recorders was retrieved with its casing severely damaged, two days after a China Eastern flight crashed with 132 people on board. The director of the accident investigation division of the Civil

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares have gained following a rally on Wall Street led by technology companies. Benchmarks rose in Paris, London and Frankfurt and shares advanced across Asia. U.S. futures fell and the dollar gained against the Japanese yen. Investors are watching what might happen at a NATO

By SAMY MAGDY Associated Press CAIRO (AP) — The Egyptian pound has slipped further against the dollar, after Egypt’s Central Bank raised its main interest rate and devalued the local currency by 14%. Banks Wednesday were selling the U.S. currency at more than 18.5 pounds while buying it at over 18.45. That’s up from an

WUZHOU, China (AP) — Add rain to the challenges facing Chinese investigators as they try to determine why a jetliner with 132 people aboard crashed in remote mountains. Amid difficult conditions, officials say they have recovered what they believe is the cockpit voice recorder, one of two “black boxes” carried by the China Eastern Airlines

NEW YORK (AP) — Russia has unleashed a harsh crackdown on dissent over the past year by imprisoning opposition leader Alexei Navalny and silencing his supporters and his organization. Activists were either prosecuted, fled the country or had their hands tied by draconian new laws or decrees. Independent news outlets were blocked and social media

By GLENN GAMBOA AP Business Writer The humanitarian needs of more than 10 million displaced Ukrainians have quickly become staggering. Yet Mark Malloch-Brown, president of the Open Society Foundations, warns that longer-term problems resulting from Russia’s invasion will grow ever larger if they aren’t sufficiently addressed now. Experts report an “unprecedented” outpouring of aid for

BEIJING (AP) — Chinese telecom equipment maker ZTE Corp. says a U.S. judge has allowed a probation period to end after the company was nearly destroyed in a clash with Washington over its dealings with Iran and North Korea. In 2018, then-President Donald Trump barred ZTE’s access to American components amid rising tension with Beijing

By NG HAN GUAN Associated Press WUZHOU, China (AP) — The search for clues into why a Chinese commercial jetliner dove suddenly and crashed into a mountain in southern China has been suspended as rain slickens the debris field and fills the red-dirt gash formed by the plane’s fiery impact. Earlier Wednesday, searchers had used

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand’s flagship airline says it has started selling tickets for direct flights to and from New York. The new route will take more than 17 hours southbound and be among the longest nonstop flights in the world. Air New Zealand had intended to start

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares have gained following a rally on Wall Street led by technology companies, although investor concerns persist about the war in Ukraine and inflation. Benchmarks edged higher across the Asian region, despite worries about rising energy costs. Oil prices rose, while the dollar gained against

By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s government lifted a warning of potential blackouts for the Tokyo region as weather and conservation efforts improved, but the supply outlook still appears fragile with several coal-fired plants offline. The energy shortfall came as people used more power to keep warm on an unusually cold, snowy

By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand will remove many of its COVID-19 pandemic mandates over the next two weeks as an omicron outbreak begins to wane. People will no longer need to be vaccinated to visit places like retail stores and restaurants from April 4. A vaccine mandate will

The Associated Press The United States has agreed to lift tariffs on British steel and aluminum, mending a rift between allies that dates back to the Trump administration. At a meeting Tuesday in Baltimore, the U.S. and the U.K. announced a deal that would remove taxes on British steel and aluminum that came in below

By MICHAEL R. BLOOD Associated Press SACRAMENTO (AP) — Tax records show California Democratic Gov. Gavin Newsom and his wife earned nearly $1.5 million in 2020 and paid about $480,000 in taxes. Their income was down from $1.7 million the couple reported in 2019, which was his first year as governor. The couple’s joint federal

By DAVID FISCHER Associated Press MIAMI BEACH, Fla. (AP) — Miami Beach city commissioners have voted to extend a curfew, a day after it was announced by the city manager in response to violent incidents surrounding spring break. At least five peoiple have been wounded in two separate shootings recently. The city commission voted unanimously