Category Business

ISTANBUL — The death toll from severe rainstorms that lashed parts of Greece, Turkey and Bulgaria increased to 14 on Wednesday after rescue teams in the three neighboring countries recovered seven more bodies. A flash flood at a campsite in…

WARSAW, Poland — Poland’s central bank lowered its interest rates by 75 basis points on Wednesday despite the country’s double-digit inflation rate. The move prompted concerns that the central bank was wading into politics with a premature rate cut to…

KODIAK, Alaska — Gabriel Prout worked four seasons on his father’s crab boat, the Silver Spray, before joining his two brothers in 2020 to buy a half-interest plus access rights for a snow crab fishery that’s typically the largest and…

WASHINGTON — Treasury Secretary Janet Yellen is facing growing skepticism from some leading rich and developing nations as the residual impact of sanctions against Russia is deepening divisions among the Group of 20 countries. With world leaders and finance ministers…

Roku is cutting about 10% of its workforce, or 360 people, and it will limit new hiring as it cuts costs to stem a series of quarterly losses. The streaming platform also said in a regulatory filing Wednesday that it…

NEW YORK — Jung Kook of BTS will join the Global Citizen Festival lineup, making one of his first live solo appearances at the Sept. 23 concert in New York’s Central Park. The record-setting K-Pop singer, whose debut solo single…

JAKARTA, Indonesia — Chinese Premier Li Qiang took a test ride Wednesday on Southeast Asia’s first high-speed railway, which connects two Indonesian cities as part of China’s Belt and Road infrastructure initiative. Li is visiting Jakarta for two days of…

There’s often a point when car enthusiasts are looking to purchase their first new performance car or sports car. Inflation and price creep have pushed many desirable models out of reach, but fortunately, a handful of automakers remain committed to…

NAIROBI — A walk through the busy business district of Mombasa Road in Nairobi, or even a rural community in Kisii County, Kenya, highlights something that’s getting attention at the African Climate Summit in Nairobi this week — solar power…

LONDON — The European Union is targeting Apple, Amazon, Microsoft, Google parent Alphabet, Facebook owner Meta and TikTok parent ByteDance under new digital rules aimed at reining in the market power of online companies. The six companies were classified Wednesday…