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Spain jobless rate at 18.8 percent, halting downward trend

Ciaran Giles, Associated Press  |  Posted   Apr 27th - 3:42am

Spain's unemployment rate edged up slightly to 18.8 percent in the first quarter, partly due to the end of temporary jobs tied to the winter holiday, and interrupting an overall downward trend in recent years.

India bans social media sites to quell unrest in Kashmir

Aijaz Hussain, Associated Press  |  Posted   Apr 27th - 3:33am

Authorities in Indian-controlled Kashmir have banned 22 social media sites in an effort to calm tensions in the disputed region after videos depicting the alleged abuse of Kashmiris by Indian forces fueled protests. But the sites remained online Thursday as the local telecom company struggled to block them.

United raising limit on payments to bumped flyers to $10,000

David Koenig, Associated Press  |  Posted   Apr 27th - 3:33am

United Airlines says it will raise the limit — to $10,000 — on payments to customers who give up seats on oversold flights and will increase training for employees as it deals with fallout from the video of a passenger being violently dragged from his seat.

EU-27 stress they are united heading into Brexit talks

The Associated Press  |  Posted   Apr 27th - 3:30am

The 27 European Union nations head into two years of divorce negotiations with Britain as a solid bloc and say little still needs to be agreed in tough guidelines for their Brexit negotiators which are to be approved at Saturday's summit.

White House says Trump won't immediately pull out of NAFTA

Jill Colvin, Associated Press  |  Posted   Apr 27th - 3:21am

President Donald Trump has told the leaders of Mexico and Canada that he will not pull out of the North American Free Trade Agreement at this time, just hours after administration officials said he was considering a draft executive order to do just that.

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.

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.

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).