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Fake fashion fuels vast illicit profits, sea of human misery

Lynne O'Donnell, Associated Press  |  Posted   Feb 28th - 5:24am

In a warehouse at London's sprawling Heathrow Airport, a border officer pulls open a cardboard box he suspects contains contraband goods. Bingo — his instincts are rewarded.

Saudi Aramco inks $7 billion deal for Malaysian oil venture

Eileen Ng, Associated Press  |  Posted   Feb 28th - 5:15am

Oil giant Saudi Aramco signed a $7 billion deal Tuesday to take a 50 percent stake in a mega Malaysian oil refinery project, in a pact expected to help Saudi Arabia increase trade in Southeast Asia.

The Latest: Trump suggests leaving many fed jobs unfilled

The Associated Press  |  Posted   Feb 28th - 5:15am

The Latest on President Donald Trump (all times local):

5 things analysts and investors want to hear in Trump speech

Christopher S. Rugaber, Associated Press  |  Posted   Feb 28th - 5:06am

Economists and investors will be looking for one thing above all from President Donald Trump's speech to the nation Tuesday night:

How would you change France? Voters in downbeat town respond

Nicolas Garriga, Associated Press  |  Posted   Feb 28th - 4:53am

A handwritten sign invited market-goers in Crepy-en-Valois, a down-and-out town north of Paris, to make their voices heard ahead of France's pivotal presidential election.

Target rattles Wall Street with weak quarter, outlook

The Associated Press  |  Posted   Feb 28th - 4:50am

Target Corp. on Tuesday reported fiscal fourth-quarter net income of $817 million.

Etna volcano erupts in fiery show of lava in eastern Sicily

The Associated Press  |  Posted   Feb 28th - 4:03am

Mount Etna has erupted in a fiery show of lava in eastern Sicily.

IMF says Iran rebounds after nuclear deal, but danger looms

Jon Gambrell, Associated Press  |  Posted   Feb 28th - 3:53am

Iran's economy rebounded out of a recession after the nuclear deal with world powers, the International Monetary Fund said on Tuesday, though uncertainty over future sanctions and problems plaguing the country's domestic banks could cause fiscal trouble ahead.

Bailout talks restart in Greece as big repayment dates loom

The Associated Press  |  Posted   Feb 28th - 3:33am

Talks between bailout inspectors and the Greek government have resumed in Athens after a months-long delays caused by disagreements over austerity measures.

EU budget chief: could use part of oil tax to finance EU

The Associated Press  |  Posted   Feb 28th - 3:33am

The European Union's budget chief is suggesting that member countries could in the future put aside a portion of their tax revenues from oil to help finance the bloc.

Trump ordering review of Obama rule protecting small streams

Jill Colvin, Associated Press  |  Posted   Feb 28th - 3:25am

President Donald Trump will sign an executive order Tuesday mandating a review of an Obama-era rule aimed at protecting small streams and wetlands from development and pollution.

Trump looks to refocus his presidency in address to Congress

Julie Pace, Associated Press  |  Posted   Feb 28th - 3:14am

With his first address to Congress, President Donald Trump has an opportunity to refocus his young administration on the economic issues that helped him get elected. His allies hope it will help him move beyond the distractions and self-inflicted wounds that he has dealt with so far.

Malaysian tycoon stresses over Vancouver project with Trump

Eileen Ng, Associated Press  |  Posted   Feb 28th - 2:32am

Malaysian property developer Tiah Joo Kim got way more than he bargained for when he signed a licensing deal to use the Trump brand on the Trump International Hotel and Tower that is opening this week in the Canadian city of Vancouver.

China's coal consumption falls for 3rd year in a row

Louise Watt, Associated Press  |  Posted   Feb 28th - 2:19am

China's consumption of coal fell in 2016 for a third year in a row, official data showed Tuesday, as the world's top carbon polluter has emerged as a global leader in addressing global warming.

World stocks edge higher before Trump speech, China congress

Kelvin Chan, Associated Press  |  Posted   Feb 28th - 2:19am

World stocks eked out modest gains and the dollar weakened against the yen on Tuesday as investors awaited a speech by President Donald Trump to the U.S. Congress.

NKorea official in Beijing after China's ban on coal imports

The Associated Press  |  Posted   Feb 28th - 2:19am

A senior North Korean diplomat arrived in Beijing on Tuesday for talks following China's ban on coal imports from its neighbor and the killing of the exiled half brother of North Korean leader Kim Jong Un.

Pakistan deploys extra police ahead of key regional summit

Asif Shahzad, Associated Press  |  Posted   Feb 28th - 2:08am

Pakistan deployed extra police forces and paramilitary units on Tuesday in the country's capital to boost security ahead of a regional summit on economic cooperation, officials said.

Divided Republicans await guidance from Trump

Erica Werner, Associated Press  |  Posted   Feb 28th - 1:52am

Flailing and divided, congressional Republicans are hoping for clarity from President Donald Trump on key issues like health care when he delivers his first speech to a joint meeting of Congress. It comes as Republicans are discovering, a month into Trump's administration, how difficult it will be to make good on their many promises now that they control Washington in full.

ADB says Asia needs to double infrastructure spending

Teresa Cerojano, Associated Press  |  Posted   Feb 28th - 1:15am

Developing countries in Asia and the Pacific will need to spend up to $1.7 trillion a year, or $26 trillion through 2030, to meet their infrastructure needs and to maintain the region's growth momentum, the Asian Development Bank said in a report Tuesday.