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Cyprus mulling early repayment of Russian loan

The Associated Press  |  Posted Apr 18th - 7:23am

Cyprus is considering repaying early the remainder of a 2.5 billion euro ($2.83 billion) loan that Russia granted the island nation in 2012 amid a financial crisis.

US retail sales soared 1.6% in March

Josh Boak, Associated Press  |  Posted Apr 18th - 6:34am

U.S. retail sales surged in March at the fastest pace since late 2017, as spending on autos, gasoline, furniture and clothing jumped.

US retail sales surged 1.6% in March, fastest pace since September 2017 in a positive for economic growth

The Associated Press  |  Posted Apr 18th - 6:32am

US retail sales surged 1.6% in March, fastest pace since September 2017 in a positive for economic growth.

Ukraine reverses nationalization of tycoon's bank

The Associated Press  |  Posted Apr 18th - 5:55am

A Ukrainian court on Thursday ruled that the 2016 nationalization of a major bank owned by a tycoon was illegal, sending shockwaves through the country's financial community.

Erdogan lashes out at Financial Times over report on economy

The Associated Press  |  Posted Apr 18th - 5:05am

Turkey's president has lashed out at the Financial Times and other western media, accusing them of falsely portraying the economy as being on the brink of collapse.

Pakistan's finance minister quits amid criticism

The Associated Press  |  Posted Apr 18th - 4:32am

Pakistan's finance minister said Thursday he will step down amid a wave of criticism over the government's handling of a financial crisis that has sent prices soaring.

Portuguese truckers end strike that caused gas shortages

The Associated Press  |  Posted Apr 18th - 3:55am

Portugal's government says truckers have called off a strike over pay and working conditions that caused hundreds of gas stations across the country to run dry.

Nissan ex-chair Ghosn appeal on extended detention rejected

Mari Yamaguchi, Associated Press  |  Posted Apr 18th - 3:43am

Japan's top court said Thursday it has rejected an appeal by former Nissan Chairman Carlos Ghosn's lawyers against his extended detention after his fourth arrest on allegations of financial misconduct.

Poland: Talks fail between striking teachers, government

The Associated Press  |  Posted Apr 18th - 3:39am

Unions representing Poland's public school teachers vowed to continue a nationwide strike after their latest round of pay negotiations with the government failed Thursday.

Jet Airways' lenders hope bidding process can save airline

Emily Schmall, Associated Press  |  Posted Apr 18th - 1:35am

Creditors of India's beleaguered Jet Airways said they were "reasonably hopeful" that a bidding process with potential investors for a controlling stake in the airline would save the company, while airline employees rallied in New Delhi and Mumbai for a government rescue.

Global stocks subdued as investors eye earnings, data

Joe McDonald, Associated Press  |  Posted Apr 17th - 11:39pm

Stock markets were subdued Thursday as investors digested corporate earnings reports and mixed economic data, with some traders in Europe preparing for a long weekend.

Who owns aloha? Hawaii eyes protections for native culture

Audrey McAvoy, Associated Press  |  Posted Apr 17th - 11:29pm

Last year, much of Hawaii was shocked to learn a Chicago restaurant chain owner had trademarked the name "Aloha Poke" and wrote to cubed fish shops around the country demanding that they stop using the Hawaiian language moniker for their own eateries. The cease-and-desist letters targeted a downtown Honolulu restaurant and a Native Hawaiian-operated restaurant in Anchorage, among others.

Australia officials work with social media to safeguard poll

Rod McGuirk, Associated Press  |  Posted Apr 17th - 11:05pm

Australian electoral authorities have for the first time set up a cybersecurity task force and are working with social media companies to tackle misinformation in the run up to general elections on May 18, an official said on Thursday.

Earth, meet Polo: Ralph Lauren drops plastic bottle shirt

The Associated Press  |  Posted Apr 17th - 10:06pm

Polo Ralph Lauren has launched a version of its iconic polo shirt crafted entirely out of recycled plastic bottles.

Earth, meet Polo: Ralph Lauren unveils plastic bottle shirt

Leanne Italie, Associated Press  |  Posted Apr 17th - 10:06pm

Earth, meet Polo.

Asian stocks sink after Wall Street declines

Joe McDonald, Associated Press  |  Posted Apr 17th - 9:53pm

Asian stocks fell Thursday after Wall Street declined despite encouraging Chinese economic data.

Pinterest prices public offering at $19 per share

The Associated Press  |  Posted Apr 17th - 7:03pm

Pinterest is pricing its shares at $19 for its initial public offering Thursday, putting it on track to raise more than $1.4 billion.

Lawsuits over shootings at Kansas business settled for $2M

John Hanna, Associated Press  |  Posted Apr 17th - 6:59pm

Families of the victims of a mass shooting at a central Kansas lawn equipment factory in 2016 have won a $2 million legal settlement from a now-defunct pawnshop that sold the firearms to the shooter's girlfriend.

Vegas Sands report suggests settlement amount in Macau case

Ken Ritter, Associated Press  |  Posted Apr 17th - 5:03pm

Financial documents suggested Wednesday that Las Vegas Sands Corp. paid $96 million to settle a 15-year breach-of-contract dispute with a Hong Kong businessman who helped the U.S. company open its first casino in the Chinese gambling enclave of Macau.

Dallas forecast leads to American, Southwest cancellations

The Associated Press  |  Posted Apr 17th - 4:23pm

American and Southwest Airlines are canceling hundreds of flights in the Dallas-Fort Worth area because of a forecast of damaging weather.