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Stocks mostly lower amid caution over US-China tensions

Nicola Shannon, Associated Press  |  Posted Jun 21st - 6:24am

Global stock markets were mostly lower Thursday amid concern over the trade tensions between the U.S. and China.

Euro finance ministers seek to conclude Greek bailout saga

The Associated Press  |  Posted Jun 21st - 6:18am

Eurozone nations are working on the final elements of a plan to get Greece successfully out of its eight-year bailout program and keep its massive debt burden manageable.

Swiss drone maker moves away from DC flight restrictions

The Associated Press  |  Posted Jun 21st - 6:16am

A Swiss drone maker has moved its North American headquarters out of Washington, D.C., where security restrictions on flying drones have cramped the company's growth.

Treasury chief to outline UK plan to remain a finance hub

The Associated Press  |  Posted Jun 21st - 6:12am

Britain's Treasury chief is expected to outline plans to ensure the nation's financial services industry can thrive after the U.K. leaves the European Union when he delivers a speech to top business executives Thursday night.

Thailand preparing total ban on import of electronic waste

Tasssanee Vejpongsa and Kaweewit Kaewjinda, Associated Press  |  Posted Jun 21st - 5:50am

Thai authorities, who began a series of raids last month on factories accused of illegally importing and processing electronic waste, say they may use special powers given to the military government to impose a total ban on the import of such potentially toxic materials.

Tariffs stir unrest among American whiskey producers

Bruce Schreiner, Associated Press  |  Posted Jun 21st - 5:30am

Much of the rye whiskey aging in hundreds of barrels at Catoctin Creek Distillery in Virginia could end up being consumed in Europe, a market the 9-year-old distilling company has cultivated at considerable cost.

Trump's Mideast team arrives in Egypt

Menna Zaki, Associated Press  |  Posted Jun 21st - 5:07am

Egyptian airport officials say President Donald Trump's Mideast team has arrived in Cairo on the latest stop in a regional tour to discuss a blueprint for an Israeli-Palestinian peace deal.

About 200 suspected poisoned by pesticides in Azerbaijan

The Associated Press  |  Posted Jun 21st - 4:58am

Health officials in Azerbaijan say that about 200 farm workers have been poisoned with chemicals while working in cotton fields.

Days after buying Time Warner, AT&T launches new TV service

Mae Anderson, Associated Press  |  Posted Jun 21st - 4:44am

AT&T is launching a new streaming service incorporating television networks from the Time Warner company it just bought.

EU says tax on Harleys aimed to 'make noise' in trade debate

Nick Perry, Associated Press  |  Posted Jun 21st - 4:36am

European Union Trade Commissioner Cecilia Malmstrom said Thursday that the grouping has targeted some iconic American imports like Harley-Davidson motorcycles and bourbon for tariffs in hopes that it will "make noise" and put pressure on U.S. leaders amid a trade dispute.

East Libya forces say regain control over oil ports

Rami Musa, Associated Press  |  Posted Jun 21st - 4:13am

Libya's self-styled national army in the east says it has regained control over two key oil port terminals after militias attacked them a week ago.

Malaysia to go ahead with skyscraper despite stolen funds

Eileen Ng, Associated Press  |  Posted Jun 21st - 3:46am

Malaysia said Thursday it will not cancel a skyscraper project billed as the tallest in Southeast Asia, even though 3 billion ringgit ($747 million) from the venture has been misappropriated by the 1MDB state fund linked to former premier Najib Razak.

Germany's Daimler lowers 2018 outlook, cites tariffs, diesel

The Associated Press  |  Posted Jun 21st - 1:43am

German automaker Daimler AG has lowered its 2018 earnings outlook, a change that it says is partly due to increased import tariffs for U.S. vehicles in China.

Cohesity Awarded as Technology Pioneer by World Economic Forum

Cohesity, Associated Press  |  Posted Jun 21st - 1:31am

such as backup, test and development and more — through a simple, web-scale, solution that enables customers to better manage and leverage their data.

China says US swinging 'big stick' of unfair trade tactics

The Associated Press  |  Posted Jun 21st - 1:24am

China on Thursday accused the United States of using bullying tactics and blackmail in threatening to impose tariffs on hundreds of billions of dollars of Chinese imports, ramping up criticism that the measures levied in the name of balancing trade would harm both countries' companies and the world economy.

Asian stocks mostly up despite underlying US-China tension

Nicola Shannon, Associated Press  |  Posted Jun 20th - 11:46pm

Asian stock markets mostly rose Thursday as concern fades over the trade tensions between the U.S. and China. Uncertainty remains, but the original tariff threats made earlier in the week were not followed by material action.

Australian Senate delivers $106 billion in income tax cuts

Rod McGuirk, Associated Press  |  Posted Jun 20th - 11:32pm

Australia's prime minister achieved an important political victory on Thursday when the Senate passed personal income tax cuts worth 144 billion Australian dollars ($106 billion) over a decade.

Turkey strikes back, taxing $1.8 billion worth of US goods

The Associated Press  |  Posted Jun 20th - 11:06pm

Turkey is imposing tariffs on nearly two dozen U.S. products, ranging from cars to sunscreen, to strike back at Washington's sanctions on imported steel and aluminum.

Lawmakers rip tariffs enacted in name of national security

Kevin Freking and Paul Wiseman, Associated Press  |  Posted Jun 20th - 10:49pm

Pointing to damage done to home-state companies, lawmakers from both parties Wednesday criticized tariffs the Trump administration has imposed on imported steel and aluminum products in the name of national security.

Fashion designer Kate Spade to be buried in Kansas City

The Associated Press  |  Posted Jun 20th - 10:18pm

Fashion designer Kate Spade will be buried Thursday in Kansas City, where she was born.