Subscribe Register Login

Sunday, December 04, 2016, 12:27 a.m.


Top Picks - Mobile App

World Business
RSS for World Business

Russia: Foreign spies plotting cyberattacks to destabilize banks

posted: 12/03/2016 2:01 a.m. Discuss

Russia's Federal Security Service on Friday accused foreign spy agencies of preparing cyberattacks in dozens of cities to try to undermine its banking system.

Charlie Hebdo on racks in Germany

posted: 12/02/2016 3:03 a.m. Discuss

BERLIN — The first German edition of the French satirical newspaper Charlie Hebdo arrived on newsstands Thursday, nearly two years after an attack on the publication’s headquarters in Paris killed top editors and contributors. The edition is a response to significant German interest in Charlie Hebdo after the attack, editors said this week.

Czech bars protest sales-reporting rule

posted: 12/02/2016 1 a.m. Discuss

PRAGUE — The Czech Republic has instituted a new system to increase tax revenue by requiring bars and restaurants to report their sales online.

OPEC to trim oil production; prices for crude surge after move

posted: 12/01/2016 5:45 a.m. Comment 1

OPEC ministers agreed Wednesday to cut crude-oil output, scrapping a strategy to squeeze U.S. competition through high supply that had backfired by gutting prices and draining the cartel's own economies.

China slaps 10% tax on high-end cars

posted: 12/01/2016 2:07 a.m. Discuss

China today will begin charging a 10 percent tax on cars such as the Ferrari GTC4Lusso, Bentley Bentayga and Aston Martin DB9 to combat conspicuous consumption and promote more efficient vehicles.

Business news in brief

updated: 12/01/2016 2:06 a.m. Discuss

New U.K. note hard to stomach for some

Iran, Iraq rock OPEC oil-cut deal

posted: 11/30/2016 2:18 a.m. Discuss

An OPEC deal to curtail oil production appeared in jeopardy Tuesday as Iran said it won't make cuts while Saudi Arabia insisted Tehran must be willing to play a meaningful role in any agreement.

In U.K. plan, shareholders OK exec pay

posted: 11/30/2016 2:13 a.m. Discuss

The U.K. government proposed changes to the the way executive pay is set and company boards are structured in measures that would extend to closely held companies, as Prime Minister Theresa May seeks to crack down on corporate excess.

Business news in brief

posted: 11/30/2016 2:11 a.m. Discuss

Airbus plans to cut workforce by 1,100

WTO: Boeing subsidy 'prohibited'

posted: 11/29/2016 1:57 a.m. Discuss

SEATTLE -- The World Trade Organization ruled Monday that an extension of a business-tax reduction Washington state granted to Boeing in 2013 for the forthcoming 777X jet is a prohibited subsidy.

Airlines' arrival cheered in Cuba

posted: 11/29/2016 1:56 a.m. Discuss

HAVANA -- Passengers applauded as the first commercial flight from the United States to Havana in more than 50 years landed Monday in Cuba, arriving as the island holds a week of memorial services for Fidel Castro.

Supplies for shale rebound costlier

posted: 11/29/2016 1:55 a.m. Discuss

The oilfield service companies that supply everything from sand to sophisticated robot rigs are seeking a new lease on life as America's fracking fortunes begin to turn.

Saudi floats feasibility of no OPEC deal

posted: 11/29/2016 1:54 a.m. Discuss

OPEC ministers flew to Moscow on Monday and officials in Vienna started another round of talks in an effort to salvage an agreement on oil production cuts, just as Saudi Arabia said a deal might not be necessary.

China to rein in overseas megadeals

posted: 11/29/2016 1:52 a.m. Discuss

China plans sweeping curbs on its companies' overseas acquisitions, including barring most foreign investments of $10 billion or more, as it seeks to tame a deal-making spree that's alarmed officials from Washington to Berlin, people with knowledge of the matter said.

Trade body says Boeing was offered illegal tax breaks in U.S.

posted: 11/28/2016 11:21 a.m. Discuss

GENEVA — U.S. plane maker Boeing received major illegal tax breaks from Washington state, a world trade body ruled Monday, adding that the federal government should now take action to end that support within months.






Top Picks - Mobile App
Arkansas Online