Pan Pylas, Associated Press | Posted
Apr 28th - 4:01am
Inflation in the 19-country eurozone rose to the European Central Bank's goal in April as an improvement in the economy helped drive up prices, stoking speculation that the bank could start winding down its stimulus measures sooner than previously thought.
Electrolux, the world's second-largest maker of household appliances, says profit for the three months ending March 31 rose to 1.08 billion kronor ($120 million), up 24 percent from the same period a year earlier.
Sony Corp. reported Friday a January-March profit of 27.7 billion yen ($250 million) on the back of healthy sales of image sensors, PlayStation 4 game software and batteries for mobile devices, marking a recovery from its red ink a year ago.
Alan Fram, Associated Press | Posted
Apr 28th - 2:23am
President Donald Trump seems destined to serve his 100th day in office without House passage of a major Republican health care bill or enactment of a budget financing the government for the rest of this year. But at least the government probably won't be shut down — for at least another week.
Christopher S. Rugaber and Stephen Ohlemacher, Associated Press | Posted
Apr 28th - 1:56am
Getting to the bottom of President Donald Trump's tax plan is difficult because it exists so far as bullet points on a single page, with no detail. Still, there are reasons to be wary about some of the claims coming out of the White House about it.
Honda Motor Co. reported Friday a 95.9 billion yen ($864 million) profit for January-March, a turnaround from the 93.4 billion yen loss it racked up a year earlier, as the Japanese automaker recovers from costs for a massive air-bag recall.
The 10-countries of the Association of Southeast Asian Nations, or ASEAN, could form the world's fourth largest economy by 2030 though work is needed to help small companies and reduce trade barriers, Malaysia's Prime Minister Najib Razak said Friday.
Police in Thailand on Friday began the process of requesting an arrest warrant for an heir to the Red Bull energy drink fortune accused of a deadly hit-and-run accident almost five years ago but never charged.
Contradicting U.S. President Donald Trump, South Korea said Friday it has no plan to renegotiate a bilateral trade deal with the U.S., or to pay for the U.S. missile defense system being deployed on its territory.