French President Emmanuel Macron's divisive plan to overhaul the pensions system will be debated in the lower house of parliament on Monday — in a process that could take months, with a final vote expected in the summer.
Aya Batrawy, Associated Press | PostedFeb 17th - 4:12am
Port operator DP World said Monday it will delist from the Nasdaq Dubai stock exchange, returning the company to full state-ownership in a move that will help the Dubai government's investment company repay more than $5 billion to banks.
Global stocks mostly rose Monday, with Shanghai's benchmark jumping over 2% after the central bank rolled out support for the economy amid a virus outbreak that has infected over 71,000 people globally. Japan's market slumped, however, on weak economic growth figures.
Markets were mixed in Asia on Monday, with Japan's benchmark slipping 0.8% after the government reported the economy contracted 6.3% in annual terms in the last quarter. China's shares got a boost after the central bank stepped in to help the economy with a rate cut, extra buying of securities and tax cuts.
Tom Krisher, Associated Press | PostedFeb 16th - 7:29pm
General Motors decision to pull out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments raised dismay Monday from officials concerned over job losses.
Federal prosecutors in Maryland are recommending a prison sentence of more than five years for a man who pleaded guilty to conspiring to obtain hundreds of stolen televisions worth more than $1 million.
Barbara Ortutay, Associated Press | PostedFeb 16th - 11:00am
At Facebook, Stan Chudnovsky oversees the Messenger chat app that's used by well over 1 billion people each month. He's playing a key role in helping Facebook integrate that app with its other chat tools, WhatsApp and Instagram Direct.
Pablo Gorondi, Associated Press | PostedFeb 16th - 10:44am
Hungary’s prime minister on Sunday declared the past decade as the most successful of Hungary’s past century, but also said the country was threatened by the climate crisis, continuing population decline and “sinister menaces gathering over the European economy.”
Joe McDonald, Associated Press | PostedFeb 15th - 7:28pm
Real estate agent Du Xuekun’s sales usually jump after the Lunar New Year holiday. But this year, Du has been at home for a month with no income after vast swathes of China’s economy were shut down in a sweeping effort to contain a virus outbreak.