David McHugh, Associated Press | Posted
Apr 19th - 3:53am
When Angela Merkel was re-elected as Germany's leader in March, the way looked open for European nations to finally patch the remaining cracks in the euro — the structural flaws that threatened to break apart the shared currency in 2010-12.
Zeke Miller and Jill Colvin, Associated Press | Posted
Apr 19th - 3:44am
Japanese Prime Minister Shinzo Abe courted the new American president with a golden driver not long after Donald Trump won the White House. He's met with the billionaire businessman more than any other world leader, and he's Trump's second-most frequent caller.
Most Asian and European shares rose and oil prices touched fresh multi-year highs on Thursday as improving optimism about the global economy helped investors shake off worries about geopolitical risks for the moment.
Michael Weissenstein and Andrea Rodriguez, Associated Press | Posted
Apr 19th - 2:49am
A 57-year-old bureaucrat will take Raul Castro's place as the president of Cuba on Thursday as a government led by a single family for six decades tries to ensure the long-term survival of one of the world's last communist states.
An earthquake of at least magnitude 5.5 struck in southern Iran near the country's sole nuclear power plant on Thursday morning, shaking countries across the Persian Gulf. There was no immediate report of damage or injuries.
Swiss pharmaceuticals company Novartis says net income jumped 12 percent in the first quarter, pointing to explosive growth in its heart-failure drug Entresto as its rollout continues, and powerful double-digit percentage growth for psoriasis drug Cosentyx.
Jim Vertuno and Emily Schmall, Associated Press | Posted
Apr 18th - 10:38pm
The Southwest Airlines pilot being lauded as a hero in a harrowing emergency landing after a passenger was partially blown out of the jet's damaged fuselage is also being hailed for her pioneering role in a career where she has been one of the few women at the controls.
Some of the world's wealthiest people have apartments in the half-dozen new skyscrapers built along a stretch of Manhattan's 57th Street known as "Billionaires Row." And soon they may have an unwanted new neighbor: a homeless shelter.
An international corruption watchdog group says two years after the Panama Papers revealed how the rich have stashed wealth in shell companies, the world's Group of 20 industrialized and developing nations have made only slow progress improving the legal tools to ensure transparency.
New austerity measures are coming for Puerto Rico as a federal control board overseeing the U.S. territory's finances meets Thursday to approve several fiscal plans that will serve as the island's economic blueprint for the next five years.