Business

Seng Yee Lau , senior executive vice president of Tencent, China's biggest tech company, answers the Associated Press, in the Royal Monceau Hotel, in Paris, Thursday, May 24, 2018. Seng Yee Lau told The Associated Press that the industry needs to pay more attention to the risks posed by advancing technologies and the explosion in personal data circulating online. (AP Photo/Thibault Camus)
May 24, 2018 - 9:24 am
PARIS (AP) — China's biggest tech company says the industry needs to tackle users' privacy concerns and the risks posed by advancing technologies. Seng Yee Lau, senior executive vice president of Tencent, told The Associated Press on Thursday that tech companies should invest more in education. The...
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May 24, 2018 - 8:36 am
LONDON (AP) — Lawmakers scrutinizing Britain's exit from the European Union say progress in trade talks with the bloc is "highly unsatisfactory," and that the country may have to stay in the tariff-free EU customs union for years after Brexit. The Exiting the European Union Committee says in a...
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May 24, 2018 - 8:30 am
NORRISTOWN, Pa. (AP) — A lawyer who was part of the team that prosecuted Bill Cosby is taking a job with a Philadelphia-based law firm. But Stewart Ryan will continue to serve as a special prosecutor with the Montgomery County District Attorney's office until the comedian's sentencing is complete...
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European Commissioner for Competition Margrethe Vestager speaks during a media conference on Gazprom at EU headquarters in Brussels on Thursday, May 24, 2018. (AP Photo/Geert Vanden Wijngaert)
May 24, 2018 - 8:25 am
BRUSSELS (AP) — The European Union on Thursday imposed obligations on Russian state-owned energy giant Gazprom to improve the flow of gas at competitive prices in eastern EU nations, but did not fine the company. EU Antitrust Commissioner Margrethe Vestager said Gazprom will have to ease its hold...
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German Chancellor Angela Merkel attends a meeting with China's Premier Li Keqiang at the Great Hall of the People in Beijing, Thursday, May 24, 2018. (Jason Lee/Pool Photo vi AP)
May 24, 2018 - 7:25 am
BEIJING (AP) — Premier Li Keqiang said Thursday that China welcomes German companies during a visit by Chancellor Angela Merkel that gives Beijing an opportunity to try to recruit an ally in its trade feud with U.S. President Donald Trump. Both China and Germany are embroiled in disputes with...
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A woman stands with a parasol in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, May 24, 2018. Shares are mixed in Asia after U.S. stocks reversed early losses and finished higher after the Federal Reserve signaled it is not in a hurry to raise interest rates. Tokyo’s Nikkei 225 index slipped 1.2 percent as the yen gained against the U.S. dollar. Shares also fell in Shanghai, Australia and South Korea but rose in Hong Kong and Indonesia. (AP Photo/Eugene Hoshiko)
May 24, 2018 - 7:20 am
BANGKOK (AP) — World stock markets were subdued Thursday as carmakers' shares fell after the Trump administration said it was investigating imposing new tariffs on imports of autos and auto parts. KEEPING SCORE: Germany's DAX was flat at 12,975 and the CAC 40 in France rose 0.4 percent to 5,589...
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May 24, 2018 - 6:24 am
MOSCOW (AP) — Russian aluminum maker Rusal says its CEO and seven board members have quit, a move that comes as the company struggles to survive U.S. sanctions. U.S. has hit Rusal and its major shareholder, billionaire Oleg Deripaska, with sanctions cutting the company off from international...
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Former Malaysian Prime Minister Najib Razak speaks to media as he leaves the Malaysian Anti-Corruption Commission (MACC) Office in Putrajaya, Malaysia, Thursday, May 24, 2018. Najib appeared again for questioning at the office as part of the corruption and money-laundering investigation into the 1MDB state investment fund that Najib set up and is being investigated. (AP Photo/Vincent Thian)
May 24, 2018 - 6:06 am
PUTRAJAYA, Malaysia (AP) — Former Malaysian Prime Minister Najib Razak was quizzed for more than six hours Thursday by anti-graft investigators looking into alleged theft and money laundering at a state investment fund he founded that accumulated billions of dollars in debt. Najib smiled and waved...
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FILE - In this Dec. 20, 2012 photo, cars for export park at a port in Kawasaki, west of Tokyo. China and Japan both condemned Thursday, May 24, 2018 the Trump administration's decision to launch an investigation into whether tariffs are needed on imports of vehicles and automotive parts into the United States. (AP Photo/Koji Sasahara, File)
May 24, 2018 - 6:02 am
WASHINGTON (AP) — The Latest on the Trump administration's interest in putting tariffs on auto imports (all times local): 5:55 a.m. The head of the Association of German Chambers of Commerce and Industry says the U.S. intention to raise auto tariffs is "another nasty blow to our economic relations...
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FILE - In this Thursday, Feb, 2, 2017 file photo, a traffic sign stands near to the headquarters of Deutsche Bank ahead of the bank's annual press conference in Frankfurt, Germany. Germany’s struggling Deutsche Bank says it’s slashing thousands of jobs as it reshapes its stocks trading business and tries to limit costs. The bank said Thursday, May 24, 2018 it would cut its workforce from 97,000 to “well below” 90,000. (AP Photo/Michael Probst, File)
May 24, 2018 - 5:45 am
FRANKFURT, Germany (AP) — Deutsche Bank is slashing thousands of jobs as Germany's largest lender refocuses its global investment banking business on Europe and seeks to return to steady profitability. The bank said Thursday it would cut its workforce from 97,000 to "well below" 90,000 in order to...
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