Government business and finance

August 31, 2018 - 3:27 am
BEIJING (AP) — China's manufacturing activity improved in August but sales weakened amid a worsening tariff war with Washington, a survey showed Friday. The China Federation of Logistics & Purchasing said its monthly purchasing managers' index rose to 51.3 from July's 51.2 on a 100-point scale...
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August 31, 2018 - 3:11 am
ANKARA, Turkey (AP) — Turkey has raised a tax on foreign currency deposit accounts and scrapped another on lira savings as it tries to shore up its struggling currency. According to a decision published in the Official Gazette on Friday, the withholding tax on foreign currency savings of up to six...
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August 30, 2018 - 3:57 pm
KAMPALA, Uganda (AP) — The Latest on Uganda's opposition (all times local): 11 p.m. A lawyer says Ugandan pop star-turned opposition lawmaker Bobi Wine has been checked into a hospital in the capital, Kampala, after police blocked him from flying to the United States for treatment after alleged...
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August 30, 2018 - 11:12 am
BRUSSELS (AP) — The European Union's top trade official says the bloc is in exploratory talks with the United States to see whether it would be possible to reach a limited trans-Atlantic agreement on the tariff of goods. EU Trade Commissioner Cecilia Malmstrom said Thursday that "this could be,...
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August 30, 2018 - 10:24 am
LONDON (AP) — Japanese electronics giant Panasonic has become the latest company to announce plans to move its European headquarters out of Britain ahead of Brexit. The company said in a statement Thursday that it plans to relocate from the U.K. to Amsterdam on Oct. 1 to "pursue improved efficiency...
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Britain's Prime Minister Theresa May inspects the honour guard after arriving to meet with Kenya's President Uhuru Kenyatta at State House in Nairobi, Kenya Thursday, Aug. 30, 2018. The British prime minister is on a three-country Africa visit with a large business delegation as Britain seeks to boost economic ties ahead of a bumpy exit from the European Union in March. (AP Photo/Ben Curtis)
August 30, 2018 - 9:25 am
NAIROBI, Kenya (AP) — British Prime Minister Theresa May on Thursday became the first UK leader to visit Kenya in 30 years, bringing security and development funding to East Africa's commercial hub and neighboring Somalia as Britain seeks to boost economic ties ahead of a bumpy exit from the...
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This undated photo released by the Weber County Sheriff's Office shows Jacob Kingston. Prosecutors say two executives of a Salt Lake City biodiesel company linked to a polygamous group could flee to Turkey if they are released ahead of trial on charges in a $500 million tax credit scheme. Washakie Renewable Energy CEO Jacob Kingston and CFO Isaiah Kingston have pleaded not guilty to charges alleging they created false production records to obtain renewable-fuel tax credits and then laundered the proceeds. The U.S. Attorney's Office for Utah also says in court documents unsealed ahead of a Wednesday, Aug. 29, 2018, court hearing that the men were tipped off before a 2016 raid by federal agents. (Weber County Sheriff's Office via AP)
August 29, 2018 - 5:35 pm
SALT LAKE CITY (AP) — Two Salt Lake City biodiesel executives linked to a polygamous group will stay in jail after prosecutors argued they could flee to Turkey if released ahead of trial in an alleged $511 million tax credit scheme. The men have access private jets, millions of dollars stashed...
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FILE - In this June 24, 2016, file photo, people walk by the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Aug. 29. 2018. (AP Photo/Richard Drew, File)
August 29, 2018 - 4:38 pm
NEW YORK (AP) — U.S. stocks climbed Wednesday, driven by gains for big technology companies and Amazon. The S&P 500 and Nasdaq finished at record highs for the fourth day in a row. Stocks have rallied over the last four days as investors grew more hopeful about trade talks between the U.S.,...
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Florida Republican gubernatorial candidate Ron DeSantis, right, speaks to supporters with his wife, Casey, at an election party after winning the Republican primary, Tuesday, Aug. 28, 2018, in Orlando, Fla. (AP Photo/Phelan M. Ebenhack)
August 29, 2018 - 3:32 pm
TALLAHASSEE, Fla. (AP) — The Latest on primaries in Arizona and Florida and a runoff election in Oklahoma (all times local): 3:25 p.m. President Donald Trump says he hasn't heard remarks by Florida GOP gubernatorial nominee Rep. Ron DeSantis that critics argue were a racially charged attack on his...
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August 29, 2018 - 2:07 pm
WASHINGTON (AP) — In a victory for the American newspaper industry, the U.S. International Trade Commission on Wednesday blocked tariffs imposed by the Trump administration on imported newsprint, finding that American producers weren't harmed by imports from Canadian paper mills. The newspaper...
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