By ELAINE KURTENBACH and ZEN SOO AP Business Writers BANGKOK (AP) — A Hong Kong court’s order to liquidate the world’s most heavily indebted real estate developer is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging on the Chinese economy. China Evergrande owes about $340 billion to
Continue ReadingBy TOM KRISHER AP Auto Writer DETROIT (AP) — In the past 15 months, no one has been more responsible for safety on the nation’s roads than Ann Carlson. For much of that time she has served as acting administrator of the National Highway Traffic Safety Administration, where she started as chief counsel in 2021.
Continue ReadingBy TOM KRISHER AP Auto Writer DETROIT (AP) — In the past 15 months, no one has been more responsible for safety on the nation’s roads than Ann Carlson. For much of that time she has served as acting administrator of the National Highway Traffic Safety Administration, where she started as chief counsel in 2021.
Continue ReadingLONDON (AP) — UK regulators say HSBC has been fined $72.8 million for failing to adequately protect customer deposits in the event the bank collapsed. The Prudential Regulation Authority said Tuesday that two units of London-based HSBC Holdings Plc violated rules designed to ensure regulators have the information they need to protect depositors when banks
Continue ReadingBy RODNEY MUHUMUZA Associated Press KAMPALA, Uganda (AP) — Only a small fraction of millions of needy people in Ethiopia’s northern Tigray region are receiving food aid, according to an aid memo seen by The Associated Press. That’s more than one month after aid agencies resumed deliveries of grain following a lengthy pause over massive
Continue ReadingBy ANIRUDDHA GHOSAL and JIM GOMEZ Associated Press HANOI, Vietnam (AP) — The Philippines and Vietnam have signed agreements to avoid incidents in the South China Sea and broaden cooperation between their coast guards. The growing alliance will likely be frowned upon by China, which claims virtually the entire waters. The agreements, along with discussions
Continue ReadingTHESSALONIKI, Greece (AP) — Greek authorities have arrested two people after finding a large weapons cache in their home. Police say the man and woman face felony counts of weapons and explosives possession. Police searching their home in the northern city of Florina on Monday seized 39 weapons, 95 ammunition magazines, 11 hand grenades, five
Continue ReadingBy Sana Noor Haq and Rosa Rahimi, CNN (CNN) — Hanadi Gamal Saed El Jamara, 38, says sleep is all that can distract her children from the aching hunger gnawing at their bellies. These days, the mother-of-seven finds herself begging for food on the mud-caked streets of Rafah, in southern Gaza. She tries to feed
Continue ReadingBy YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese transport officials have raided a Toyota-affiliated plant to search for evidence after the company admitted cheating on engine testing. The Japanese automaker reported Tuesday that it kept its status as the world’s top automaker in 2023, selling 11.2 million vehicles. Hours after the probe began
Continue ReadingBy MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — A United Nations official says her experience in negotiating an end to decades of conflict in her native Colombia may help her as she seeks to rekindle negotiations over Cyprus’ ethnic division. María Ángela Holguín Cuellar, the U.N. chief’s new personal envoy for Cyprus, said on
Continue ReadingBy TOM KRISHER AP Auto Writer DETROIT (AP) — In the past 15 months, no one has been more responsible for safety on the nation’s roads than Ann Carlson. For much of that time she has served as acting administrator of the National Highway Traffic Safety Administration, where she started as chief counsel in 2021.
Continue ReadingBy MARK LEWIS Associated Press STAVANGER (AP) — Norway’s oil fund saw the largest annual return in its history in 2023 led by a strong performance by U.S. technology companies and the Danish weight loss drug manufacturer, Novo Nordisk. The world’s largest sovereign wealth fund which owns around 1.5% of all global listed companies reported
Continue ReadingBy DASHA LITVINOVA Associated Press TALLINN, Estonia (AP) — Lawyers of prominent Russian opposition figure Vladimir Kara-Murza Jr., who is serving a 25-year sentence for treason, say he has been transferred to another prison in Siberia and placed in solitary confinement again, for at least four months, over an alleged minor infraction. The move comes
Continue ReadingBy MUNIR AHMED Associated Press ISLAMABAD (AP) — A Pakistani court convicted former Prime Minister Imran Khan of revealing official secrets on Tuesday and sentenced him to 10 years — the latest in a slew of legal cases that supporters say are meant to sideline the imprisoned former cricket star just days ahead of parliamentary
Continue ReadingBy SAMUEL PETREQUIN AP Sports Writer Police officers deployed during the Paris Olympics will receive bonuses of up to 1,900 euros. French Interior Minister Gerald Darmanin announced the decision. Police unions organized protests this month to highlight concerns about working conditions during Games in July and August. Darmanin wants every Interior Ministry employee mobilized and
Continue ReadingLONDON (AP) — London police say they fatally shot a man reportedly armed with a crossbow who broke into a home and threatened the occupants. The Metropolitan Police said the suspect, believed to be in his 30s, had threatened people in the home in the Southwark part of the city on Tuesday and was trying
Continue ReadingBy Jack Guy, CNN London (CNN) — Police in the British capital shot dead a man who was reportedly trying to enter a property armed with a crossbow in the early hours of Tuesday, according to a statement. Officers were called to an address in Bywater Place in southeast London at around 4.55 a.m. local
Continue ReadingBy DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Europe’s economy failed to expand at the end of 2023. The stagnation has now lasted for more than a year amid higher energy prices, costlier credit and lagging growth in powerhouse Germany. The EU statistics agency said Tuesday that zero growth for the October-to-December period of
Continue ReadingSTOCKHOLM (AP) — French President Emmanuel Macron is on a two-day state visit in Stockholm during which he will meet Swedish Prime Minister Ulf Kristersson, as well as the Scandinavian country’s monarch, King Carl XVI Gustaf. He was welcomed on Tuesday with pomp and ceremony at the royal palace. Macron is set to discuss the
Continue ReadingROME (AP) — Moschino has named Adrian Appiolaza as the new creative director of the Milan-based fashion house. The company said Tuesday that he will debut his first collection on Feb. 22 during the Fall-Winter 2024 womenswear previews of Milan Fashion Week. Appiolaza previously was design director for women’s ready-to-wear at Loewe and Chloe. At
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