Nation & World News
Latest business news from around the nation.
Top Swiss negotiator in tax disputes steps down
Switzerland's top negotiator in talks to resolve disputes over tax evasion with Europe and the U.S. is stepping down. The Finance Ministry said Friday that Michael Ambuehl will leave his post at the end of August and go into academia. The move comes at a crucial time for Switzerland, which ...
German business confidence unexpectedly rebounds
German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe's biggest economy, a closely watched survey found Friday. The Ifo think tank's confidence index rose to 105.7 points for May from 104.4 last month. The upturn followed two ...
Turkey passes bill restricting alcohol sales, ads
Turkey's parliament has passed legislation to ban all advertising of alcohol and tighten restrictions on sales in the mainly Muslim but secular country. The legislation, adopted on Friday, bans the sale of alcoholic drinks between 10 p.m. and 6 a.m. It also prohibits alcohol sales anywhere close to mosques and ...
Japan's PM Abe defends policies as markets settle
Japan's top leaders are defending the economic strategies championed by Prime Minister Shinzo Abe, though the central bank chief acknowledged a need for better communication with financial markets, a day after Tokyo shares suffered their worst loss since the 2011 tsunami disaster. Bank of Japan Gov. Haruhiko Kuroda acknowledged Friday ...
Study: No higher cancer rate at Conn. Pratt plants
An 11-year study of the incidence of brain cancer at jet engine manufacturer Pratt & Whitney in the state ended Thursday with university researchers saying they found no statistically significant elevations in the rate of cancer among workers. Researchers at the University of Pittsburgh and the University of Illinois at ...
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