AP National Business

By LORI HINNANT Associated Press IZIUM, Ukraine (AP) — Rainwater is for showers and dishes. Scavenged wood is for the cooking fires. But almost nothing keeps out the autumn chill in homes without windows. Russian forces controlled Izium for six months before being forced to retreat two weeks ago in a Ukrainian counteroffensive. The town

By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve will have to keep boosting its benchmark interest rate to a point that raises unemployment and gets inflation down from unusually high levels. That’s according to two central bank officials in separate remarks Monday. The comments from both officials added to an ongoing

By ED DAVEY Associated Press LONDON (AP) — At the start of 2022, the Carlyle Group, one of the world’s leading private equity firms, published a report on its financial risk from greenhouse gas emissions. Yet something was not in the report. Carlyle’s largest oil and gas investment, NGP, was not included. A “note on

By DAVID KOENIG AP Airlines Writer DALLAS (AP) — The government’s antitrust lawsuit against American Airlines and JetBlue begins Tuesday and the outcome could determine how closely the Biden administration examines other airline deals, including JetBlue’s pending attempt to buy Spirit Airlines. The Justice Department and six states are suing American and JetBlue to break

By CATHERINE GASCHKA Associated Press PARIS (AP) — The Organization for Economic Cooperation and Development says Russia’s war in Ukraine and the lingering effects of the COVID-19 pandemic are dragging down global economic growth more than expected and driving up inflation that will stay high into next year. The Paris-based organization projects worldwide growth to

By FAY ABUELGASIM Associated Press TRIPOLI, Lebanon (AP) — A ship carrying thousands of tons of corn and vegetable oil has arrived in northern Lebanon from war-ravaged Ukraine, the first of its kind since Russia’s invasion started seven months ago. Panama-registered AK Ambition docked on Monday in the northern Lebanese city of Tripoli. Ukraine Embassy

By NICOLE WINFIELD Associated Press ROME (AP) — The Brothers of Italy party, which won the most votes in Italy’s national election, has its roots in the post-World War II neo-fascist Italian Social Movement. Keeping the movement’s most potent symbol, the tricolor flame, Giorgia Meloni has taken Brothers of Italy from a fringe far-right group

By KRUTIKA PATHI Associated Press NEW DELHI (AP) — Apple Inc. will make its iPhone 14 in India, the company said on Monday, as manufacturers shift production from China amid geopolitical tensions and pandemic restrictions that have disrupted supply chains for many industries. “The new iPhone 14 lineup introduces groundbreaking new technologies and important safety

By KAREEM CHEHAYEB and BASSEM MROUE Associated Press BEIRUT (AP) — Lebanese army retirees have scuffled with parliamentary guard troops as they briefly broke through a cordon leading to Parliament in downtown Beirut. They were protesting their decimated pay amid the country’s economic meltdown. Riot police pushed the crowd back and fired teargas, forcing the

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — The Australian government says it’s considering tougher cybersecurity rules for telecommunications companies and blamed the nation’s second-largest wireless carrier, Optus, for an unprecedented breach of personal data from 9.8 million customers. Optus says it became aware of the cyberattack last Wednesday. It has since offered its

By DAVID McHUGH, JUSTIN SPIKE, KAREL JANICEK and VESELIN TOSHKOV Associated Press FRANKFURT, Germany (AP) — Europe is staring down a winter energy crisis. Russia has reduced natural gas supplies as Europe supports Ukraine, and the continent’s ability to get through the winter may depend on how cold it is and competition from Asia. The

By MUNIR AHMED and MUHAMMAD FAROOQ Associated Press KHAIRPUR, Pakistan (AP) — Like every year, Arz Mohammed had planted his little patch of land in southern Pakistan with cotton. The crop would earn him enough so that, as he puts it, his family of five wouldn’t be reduced to begging. Then came the deluge. Pakistan’s

By JILL LAWLESS and DANICA KIRKA Associated Press LONDON (AP) — The Bank of England has sought to reassure financial markets after the British pound touched an all-time low against the U.S. dollar, but its entreaty has fallen flat for investors concerned about the government’s sweeping package of tax cuts. The central bank said Monday

By HALELUYA HADERO AP Business Writer Amazon says it is holding a second Prime Day-like shopping event in October. The company is the latest major retailer to offer holiday deals earlier this year to entice cautious consumers dealing with tighter budgets. The event will be held October 11 and 12, offering early access to discounted

The Associated Press The Commerce Department releases its August tally of new U.S. home sales Tuesday and its final estimate of second-quarter economic growth on Thursday. The department issues its monthly snapshot of consumer spending Friday.

By ELAINE KURTENBACH AP Business Writer Stocks were mixed in Asia on Tuesday after closing broadly lower on Wall Street, where the Dow Jones Industrial Average fell into what’s known as a bear market. Tokyo, Sydney and Shanghai advanced while Hong Kong and Seoul declined. U.S. futures rose and oil prices also were higher. The

By BARBARA ORTUTAY AP Technology Writer WILMINGTON, Del. (AP) — Tesla CEO Elon Musk won a reprieve from questioning by Twitter lawyers Monday, according to several press reports citing anonymous sources. The billionaire had been scheduled to give a deposition in his high-stakes court fight with Twitter over whether he has to follow through with

PARIS (AP) — A blaze at a massive produce market that supplies Paris with much of its fresh food sent a billowing column of dark smoke towering over the French capital before it was brought under control. The Paris fire service said no one was injured in the warehouse fire Sunday at the Rungis International

LONDON (AP) — Britain’s opposition Labour Party has opened its annual conference with leaders attacking the “immoral” tax-cutting of the new Conservative government. The party has seized on the scrapping of the 45% tax rate for the country’s highest earners as a crux issue for hard-at-heel Britons who are struggling through the worst cost of

By FRANK JORDANS Associated Press BERLIN (AP) — German Chancellor Olaf Scholz planted a tree at a mangrove park in the United Arab Emirates in a token nod to environmentalism during a two-day visit to the Gulf region focused mainly on securing new fossil fuel supplies and forging fresh alliances against Russia. Germany is trying

By AYA BATRAWY AP Business Writer DUBAI, United Arab Emirates (AP) — Stores are selling winter clothes from last season in the middle of summer. Repair shops lack spare parts for appliances. There’s a waiting list to buy a new car. Egypt, a country of more than 103 million people, is running low on foreign