Year: 2021

By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — The Dutch Supreme Court has handed Russia at least a temporary victory in its appeal of a $50 billion arbitration award to former shareholders of bankrupted oil giant Yukos. The decision Friday quashed a lower court ruling, effectively setting aside a $50 billion award made

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese automaker Honda has lowered its profit and vehicle sales forecasts for the fiscal year, pointing to a supply crunch in chips and rising material costs. Honda recorded a 31% drop from last year in its fiscal second quarter profit, to $1.5 billion. Honda Executive Vice

By GEIR MOULSON Associated Press BERLIN (AP) — Germany has recorded its second consecutive daily record for new coronavirus cases as infections pick up across Europe. Its disease control center says unvaccinated people now face a “very high” risk of infection. The center said Friday that the country saw 37,120 reported new infections over the

By SHLOMO MOR Associated Press JERUSALEM (AP) — Thousands of ultra-Orthodox Jews have gathered at the Western Wall in Jerusalem to protest against a Jewish women’s group that holds monthly prayers there in a long-running campaign for gender equality at the site. For decades the “Women of the Wall” group has campaigned for equality of

By JOVANA GEC Associated Press BELGRADE, Serbia (AP) — Standing close together on a sunny autumn day, a group of people wait patiently by a blue bus parked beneath a bridge in Belgrade. This will be a rare chance for them to have a shower, wash their clothes or get a medical checkup. Three times

WASHINGTON (AP) — The federal government has canceled a multimillion dollar deal with Emergent BioSolutions, a Maryland- based vaccine manufacturer with facilities in Baltimore that were found to have produced millions of contaminated vaccine doses this spring. The Washington Post reported that the company disclosed the development on Thursday in a conference call discussing its

By MARÍA VERZA, CHRISTINA LARSON and VICTORIA MILKO Associated Press PROGRESO, Mexico (AP) — On Mexico’s Yucatan Peninsula, efforts are underway to protect and restore mangrove forests, even as more are lost elsewhere. From 1980 to 2005, 20% to 35% of the world’s mangrove forests disappeared. In the next decade, the rate of loss declined

By DAMIAN J. TROISE and STAN CHOE AP Business Writers NEW YORK (AP) — U.S. stocks pushed further into record heights on Friday following an encouraging report on hiring across the country. The S&P 500 closed 0.4% higher, clinching an all-time high for the seventh straight day. Trading was scattershot, though, and after climbing to

By TOM KRISHER and PAUL WISEMAN AP Business Writers The sweeping Biden administration’s new COVID-19 mandate will apply to 84 million workers at mid-size and large companies. President Joe Biden has described the new rules as urgently needed to get more Americans inoculated. Though confirmed viral cases and deaths have fallen sharply since the start