AP National Business

LISBON, Portugal (AP) — A prize worth 1 million euros ($970,000) is being awarded to two intergovernmental bodies for their work on climate change. Organizers of the annual Gulbenkian Prize for Humanity announced Thursday that this year’s winners are the Intergovernmental Panel on Climate Change and the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services.

By DITA ALANGKARA Associated Press BANDUNG, Indonesia (AP) — Indonesia is preparing to start Southeast Asia’s first high-speed rail service that will cut travel time between two cities from the current three hours to about 40 minutes. The railway line will connect Indonesia’s capital Jakarta and Bandung, the heavily populated capital of West Java province.

By DANICA KIRKA and JILL LAWLESS Associated Press LONDON (AP) — Britain’s Treasury chief has rejected suggestions that the Conservative government would reverse course on economic plans that have roiled financial markets. The comments came even after Prime Minister Liz Truss faced widespread criticism from her own lawmakers during a closed-door meeting. Treasury chief Kwasi

PARIS (AP) — French gas network operator GRTgaz says it has started conveying gas to Germany via pipeline for the first time, as Berlin strives to diversity its energy sources. GRTgaz said Thursday the pipeline connecting both countries at the French border village of Obergailbach has begun delivering an initial daily capacity of 31 gigawatt-hours.

By SARAH EL DEEB, ANASTASIIA SHVETS and ELIZAVETA TILNA Associated Press An Associated Press investigation has found that Russia’s strategy to take Ukrainian orphans and bring them up as Russian is well underway. It’s one of the war’s most explosive issues. The investigation drew on interviews with parents, officials and children in Ukraine and Russia.

By GLENN GAMBOA AP Business Writer Ms. Foundation for Women’s new Birth Justice Initiative, designed to support grassroots organizations led by Black, Indigenous and other women of color as they advance more equitable birth outcomes in the country, is already making a difference for nonprofits serving pregnant women. Sona Smith, Ms. Foundation’s Birth Justice program

By JOSH BOAK and COLLEEN LONG Associated Press WASHINGTON (AP) — The White House hosted a summit Thursday to help speed up construction projects tied to the roughly $1 trillion infrastructure law as the Biden administration tries to improve coordination with the mayors and governors who directly account for 90% of the spending. “This is

By LORNE COOK Associated Press BRUSSELS (AP) — NATO Secretary-General Jens Stoltenberg says Russia would be crossing a “very important line” if it used nuclear weapons in Ukraine. His remarks Thursday came after a meeting of NATO’s secretive Nuclear Planning Group. It was held as the alliance presses ahead with plans to hold a nuclear

By SABRA AYRES Associated Press KYIV, Ukraine (AP) — Ukraine’s allies vowed Thursday to supply the besieged nation with advanced air defense systems as Russian forces attacked the Kyiv region with kamikaze drones and fired missiles elsewhere at civilian targets, payback for the bombing of a strategic bridge linking Russia with annexed Crimea. Missile strikes

By FRANCES D’EMILIO Associated Press ROME (AP) — With its dozens of “revolving door” governments, Italy might give the impression that carving out new ruling coalitions is quick work. But the process can take weeks, even months. On Thursday, when newly elected lawmakers took their seats, the work of giving the country a new government

WARSAW, Poland (AP) — The Polish operator of an oil pipeline says it is repairing damage that caused a leak earlier this week to the main source of crude oil from Russia to Germany. It said Thursday that it wants to resume the pumping of crude oil as soon as possible through the pipeline. The

By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Saudi Arabia says that the U.S. had urged the kingdom to postpone a decision by OPEC and its allies — including Russia — to cut oil production. OPEC announced the cuts on Oct. 5. A delay could have helped reduce the risk of a

By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets surged Friday after Wall Street rebounded from a slump caused by worse-than-forecast inflation numbers. Japan’s market benchmark soared by an unusually wide margin of 3.4%. Hong Kong gained 3.3% and Shanghai also rose. Benchmark U.S. crude oil rose more than $2 per barrel.

By DEEPTI HAJELA Associated Press NEW YORK (AP) — It’s becoming clearer that New York City’s recovery from the pandemic will be drawn out and that some aspects of the city’s economic ecosystem could be changed for good. More workers returned to their offices as the summer ended. But those limited numbers mean continued hardship

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — A new electric car company that brings together two big names in Japanese business, Honda and Sony, has officially kicked off. The companies say they share common values of taking up challenges and serving people’s needs. The electric vehicle from Sony Honda Mobility will go on

By DAVID BAUDER AP Media Writer NEW YORK (AP) — An NBC News correspondent who interviewed Pennsylvania Senate candidate John Fetterman says an on-air remark she made about him having difficulty following part of their conversation should not be seen as a commentary on his fitness for office after he suffered a stroke. But reporter

The Associated Press Stocks ended a wobbly day lower on Wall Street after a late-afternoon drop erased the tentative gains major indexes had been clinging to for much of the day. The S&P 500 gave back 0.3% Wednesday, its sixth consecutive loss. The Dow and Nasdaq ended with smaller losses. Yields on the 2-year and

By ALEXANDRA OLSON AP Business Writer NEW YORK (AP) — The federal labor board has scheduled a November vote on a petition from Home Depot workers in Philadelphia to form what could be the first storewide union at the world’s largest home improvement retailer. The National Labor Relations Board said Wednesday the vote will take

SAN JUAN, Puerto Rico (AP) — A federal judge has approved a plan to restructure some $6 billion of debt held by Puerto Rico’s Highways and Transportation Authority as the U.S. territory emerges from bankruptcy. The plan approved Wednesday saves Puerto Rico more than $3 billion in debt service payments, according to a federal control