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World stocks mixed as markets mull Trump's tax plan

Kelvin Chan, Associated Press  |  Posted   Apr 27th - 3:10am

World stock indexes were mixed Thursday as investors assessed the scant details of President Donald Trump's U.S. tax overhaul. Japan's central bank kept its monetary policy unchanged and forecasted steady growth for Asia's No. 2 economy.

Top euro officials eye May agreement on Greek loans

The Associated Press  |  Posted   Apr 27th - 3:10am

Leading European officials hope the deadlock preventing Greece from getting much-needed bailout cash will be broken next month.

Eurozone economic sentiment at near-decade highs

The Associated Press  |  Posted   Apr 27th - 3:10am

The European Union says economic sentiment across the 19-country eurozone is at its highest level for nearly a decade, the latest signal that the region's recovery has moved up a gear or two.

Poland signs first deal to buy natural gas from US supplier

The Associated Press  |  Posted   Apr 27th - 3:00am

Officials say that Poland has signed its first deal to purchase liquefied natural gas from a U.S. supplier, as the country seeks to cut its dependence on deliveries from Russia.

Nokia narrows its Q1 loss as sales stagnate; CEO optimistic

The Associated Press  |  Posted   Apr 27th - 2:51am

Suffering from what the CEO described as "a typically seasonally weak quarter," Finland-based networks provider Nokia has reported a first-quarter net loss of €473 million ($515 million)— a slight improvement from the 623 million-euro loss recorded a year ago.

Abbas to stop funding electricity in Hamas-run Gaza: Israel

The Associated Press  |  Posted   Apr 27th - 2:50am

Israel says it was told by the Palestinian self-rule government in the West Bank that it will stop paying for electricity Israel sells to the Gaza Strip.

Hot Switch sales boost Nintendo sales, trim quarterly loss

Yuri Kageyama, Associated Press  |  Posted   Apr 27th - 2:42am

Nintendo Co.'s Switch, a new hybrid game machine that works as both a console and a tablet, is selling well, helping the Kyoto-based company behind the Super Mario and Pokemon franchises trim its quarterly losses.

Kia to invest $1.1 billion to build its first India factory

Youkyung Lee, Associated Press  |  Posted   Apr 27th - 2:42am

Kia Motors Co. plans to invest $1.1 billion in India to build its first plant in the world's fifth-largest auto market.

India bans social media sites to quell unrest in Kashmir

Aijaz Hussain, Associated Press  |  Posted   Apr 27th - 2:31am

India's government has banned 22 social media sites in an effort to calm tensions in parts of the disputed region of Kashmir after viral videos depicting the alleged abuse of Kashmiris by Indian forces fueled protests. But the sites remained online Thursday morning as the local telecom company struggled to block them.

UAE's first solar-powered gas station opens in Dubai

The Associated Press  |  Posted   Apr 27th - 2:30am

A government oil company in the United Arab Emirates says it has opened the country's first solar-powered gas station in Dubai.

France debates: did Le Pen or Macron win Whirlpool fight?

The Associated Press  |  Posted   Apr 27th - 2:21am

France is furiously debating who out of Marine Le Pen and Emmanuel Macron won "the battle of Whirlpool" — the remarkable clash of styles on Wednesday when both presidential candidates stumped for blue-collar votes at a closure-threatened appliance factory in northern France.

Deutsche Bank Q1 profits rise as legal costs dwindle

David McHugh, Associated Press  |  Posted   Apr 27th - 2:02am

Germany's Deutsche Bank says net profit more than doubled in the first three months of the year as the bank pressed ahead with cost-cutting and saw more customer money flowing into its asset management business.

Mnuchin: Trump has released plenty of financial info

Julie Bykowicz and Jill Colvin, Associated Press  |  Posted   Apr 27th - 1:54am

President Donald Trump "has no intention" of releasing his tax returns to the public, says Treasury Secretary Steve Mnuchin, asserting Americans have "plenty of information" about the president's financial matters.

Moderates balk at conservative-backed, revised health bill

Alan Fram, Associated Press  |  Posted   Apr 27th - 1:44am

The moribund Republican health care bill received a jolt of life when the conservative House Freedom Caucus endorsed a revised version of the measure. But a leading GOP moderate criticized the reshaped legislation as a conservative exercise in "blame-shifting and face-saving" that wasn't winning new support from party centrists, leaving its fate unclear.

Trump to order aluminum imports investigation

Jill Colvin and Paul Wiseman, Associated Press  |  Posted   Apr 27th - 1:44am

President Donald Trump will direct his administration Thursday to expedite a new investigation into whether aluminum imports are jeopardizing U.S. national security.

White House backs off as lawmakers work to avert shutdown

Erica Werner, Associated Press  |  Posted   Apr 27th - 1:44am

Lawmakers are nearing agreement on sweeping spending legislation to keep the lights on in government, after the White House backed off a threat to withhold payments that help lower-income Americans pay their medical bills.

A president's 100 days can be action-packed or crisis-driven

Calvin Woodward, Associated Press  |  Posted   Apr 27th - 1:40am

A president's first 100 days can be a tire-squealing hustle from the starting line (Franklin Roosevelt), a triumph of style over substance (Jimmy Carter), a taste of what's to come (Ronald Reagan) or an ambitious plan of action that gets rudely interrupted by world events (pick a president).

BOJ keeps monetary policy unchanged, says 2020 Games to help

The Associated Press  |  Posted   Apr 27th - 1:35am

Japan's central bank kept its ultra-lax monetary policy unchanged Thursday, forecasting that growth in the world's third-largest economy would remain slow but steady through the fiscal year ending in March 2018.

New Mexico delves into soda tax fight

Morgan Lee, Associated Press  |  Posted   Apr 27th - 1:35am

It's being pitched as an educational lifeline for impoverished preschool-aged children and condemned as the latest example of local government overreach sweeping progressive cities from coast to coast.

AstraZeneca Q1 upbeat on cancer drugs despite Q1 sales drop

The Associated Press  |  Posted   Apr 27th - 1:10am

Anglo-Swedish drugmaker AstraZeneca says first-quarter revenue fell amid declining sales of cholesterol treatment Crestor, which lost patent protection last year.