Business

  • Swedish fuel giant stops planned expansion of oil refinery
    by The Associated Press on September 28, 2020 at 12:08 pm

    STOCKHOLM (AP) — Sweden’s largest fuel company said Monday that it has decided to stop a planned oil refinery expansion that would have made it the country’s biggest emitter of greenhouse gases and was increasingly becoming a hot potato issue for Prime Minister Stefan Lofven’s minority government. Preem said that “the COVID-19 crisis and its […]

  • Brussels imposes curfew on bars as coronavirus cases soar
    by SAMUEL PETREQUIN on September 28, 2020 at 11:15 am

    BRUSSELS (AP) — Facing a surge of new coronavirus cases far higher than in other parts of Belgium, Brussels authorities are closing bars early in the EU institutions capital city. Beginning Monday night, all bars and cafes have to close between 11 p.m. and 6 a.m. while any other businesses selling drinks or food will […]

  • Liz Weston: Sustainable investing could get a lot harder
    by LIZ WESTON of NerdWallet on September 28, 2020 at 11:03 am

    Interest in sustainable investing is soaring, as more people become convinced that making a positive impact can be profitable as well as good for the planet and society. Unfortunately, the Labor Department doesn’t think these investments belong in your 401(k). In June, the federal regulator proposed a rule that would restrict workplace retirement plans from […]

  • Key week in EU-UK talks kick off with confidence low
    by JILL LAWLESS and RAF CASERT on September 28, 2020 at 10:21 am

    BRUSSELS (AP) — The European Union and recently departed EU member Britain are entering a crucial week of talks, hoping to salvage a rudimentary trade deal within weeks despite a negotiating climate spiked with accusations of untrustworthiness. Monday’s talks will center on Britain’s recent threat to renege on parts of the withdrawal treaty it signed […]

  • Germany launches new search for nuclear waste storage site
    by GEIR MOULSON on September 28, 2020 at 9:50 am

    BERLIN (AP) — Germany has launched a new search for a site to store its most radioactive nuclear waste, eliminating a disputed site at a former salt mine that was earmarked decades ago and has long been a focus of protests. A report issued Monday by Germany’s waste management organization, or BGE, identified 90 areas […]

  • Uber gets back London license after winning court challenge
    by The Associated Press on September 28, 2020 at 9:35 am

    LONDON (AP) — Uber can keep operating in London after the ride-hailing company won a court appeal on Monday against the refusal by transit regulators to renew its license. The U.S. company had challenged Transport for London’s decision in late 2019 not to renew its private hire vehicle (PHV) operating license over safety concerns involving […]

  • Global shares up ahead of China holiday, Trump-Biden debate
    by YURI KAGEYAMA on September 28, 2020 at 7:07 am

    TOKYO (AP) — Global shares were mostly higher Monday, ahead of the first U.S. presidential debate and a national holiday in China later in the week. France’s CAC 40 rose 1.7% in early trading to 4,808.95, while Germany’s DAX jumped 2.4% to 12,767.33. Britain’s FTSE 100 added 1.4% to 5,922.40. U.S. shares were set for […]

  • Food trucks provide rare bright spot in hard-hit West Bank
    by NASSER NASSER; on September 28, 2020 at 6:05 am

    RAMALLAH, West Bank (AP) — The coronavirus crisis has hit West Bank restaurants hard. But one part of the dining sector is bucking the trend: food trucks. With dine-in restaurants mostly closed due to health restrictions, food trucks have allowed entrepreneurial businessmen to find a way to keep working. It’s a rare bright spot in […]

  • AP FACT CHECK: Trump’s dubious claims on health care, court
    by JOSH BOAK, RICARDO ALONSO-ZALDIVAR and HOPE YEN on September 28, 2020 at 5:30 am

    WASHINGTON (AP) — President Donald Trump isn’t providing all the facts when he promises that people with preexisting medical problems will always be covered by health insurance if “Obamacare” is ruled unconstitutional. Eager to get conservative Judge Amy Coney Barrett quickly confirmed to the Supreme Court, which is hearing his challenge to the Affordable Care […]

  • Amazon to kick off holiday shopping with October Prime Day
    by JOSEPH PISANI on September 28, 2020 at 5:01 am

    NEW YORK (AP) — Amazon is aiming to kickstart the holiday shopping season early this year. The company is holding its annual Prime Day over two days in October this year, after the pandemic forced it to postpone the sales event from July. It’s the first time Prime Day is being held in the fall, […]