Business News

Alberta leader urges Biden to hear case for Keystone XL

The premier of Canada’s oil-rich province of Alberta wants U.S. President-elect Joe Biden to give the Canadian government a chance to make the case for the Keystone XL oil sands pipeline to be built

Watchdog: Fossil fuel firms need to curb climate…

The International Energy Agency says oil and gas companies aren’t doing enough to reduce the release of methane, a potent source of planet-heating emissions

EU insists virus shots will remain voluntary

The European Union's trying to ease fears that citizens might be forced to get coronavirus vaccines before they're allowed to travel

UK seafood trucks protest at Parliament over…

Trucks owned by British shellfish firms have descended on Parliament to protest Brexit-related red tape they claim is suffocating their businesses

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Michelin France stars awarded in virtual ceremony

France’s Michelin Guide, which has long served as a bible for foodies, is adapting its awards ceremony for 2020

Vatican drops Italian extradition bid in test of…

The Vatican has abruptly abandoned its extradition request for an Italian woman wanted on embezzlement-related charges

EU gender pay gap still significant, warn trade unions

Women in Europe doing jobs requiring the same skills as jobs done by men are still being paid significantly less, according to a study by the the European Trade Union Confederation (ETUC)

Italian PM Conte seeks to save his government…

Italian Premier Giuseppe Conte has asked lawmakers for their “clear backing”  to overcome a political crisis that he said had provoked “deep dismay” among Italians whose chief concern is the COVID-19 pandemic

Carmaker Stellantis shares jump in Milan, Paris…

Stellantis, the car company combining PSA Peugeot and Fiat Chrysler, was launched Monday on the Milan and Paris stock exchanges, giving life to the fourth-largest car company in the world

The Latest: Swiss quarantine 2 hotels over new…

Swiss authorities say they have placed two hotels under quarantine and ordered that all guests and employees be tested after a new variant of the coronavirus was detected among them in the upscale skiing resort of St. Moritz

Japan's PM vows Olympics will be proof of victory over virus

Japanese Prime Minister Yoshihide Suga is vowing to get the pandemic under control and hold the already postponed Olympics this summer with ample coronavirus protection

SKorean court gives Samsung scion prison term…

Billionaire Samsung scion Lee Jae-yong is heading back to prison after a South Korean court handed him a two and a half-year sentence for his involvement in a 2016 corruption scandal

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World shares subdued despite strong growth data…

World markets have gotten off to a slow start for the week despite news that the Chinese economy grew 2.3% in 2020

12 workers trapped week ago in China mine blast…

Chinese state media say 12 out of 22 workers trapped for a week after an explosion in a gold mine are alive

China economy grows in 2020 as rebound from virus…

China reports its economy grew 2.3% in 2020 as a recovery from the coronavirus pandemic accelerated while the United States, Europe and Japan struggled with disease outbreaks

Prada intros anti-uniform during all-digital…

Luxury is fighting for survival and attention in this new world of rotating lockdowns, where virtually no one has anywhere to go

N. Korea's parliament rubber stamps new…

North Korea’s rubber-stamp parliament has passed decisions made by a major ruling party meeting where leader Kim Jong Un vowed to bolster his nuclear deterrent and established plans to salvage a dismal economy

Rodin Museum sculpture garden reopens to public

There is a ray of light for Parisians who, like the rest of the French nation this weekend, begin to observe a tightened coronavirus curfew

Starbucks temporarily shuts NYC stores over…

Starbucks closed some New York City stores on Sunday “out of an abundance of caution” as cities across the U.S. braced for protests and potential unrest ahead of President-Elect Joe Biden’s inauguration

Italy's South Tyrol again flouts Rome over virus closures

The autonomous province of South Tyrol with its German-speaking majority is flouting Rome’s decision to put it under partial lockdown starting Sunday

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Dutch police use water cannon on anti-government protesters

Police in Amsterdam have turned a water cannon on hundreds of demonstrators who were taking part in a banned protest against the Dutch government and its tough coronavirus lockdown

UK aims to give 1st COVID-19 shot to all adults…

The U.K. government says it plans to offer a first dose of COVID-19 vaccine to every adult by September as the nation’s health service battles the worst crisis in its 72-year-history

Austria extends lockdown to Feb. 7, toughens some…

The Austrian government says it is extending the country’s lockdown until Feb. 7 in a drive to push down still-high infection figures as officials worry about the possible impact of new coronavirus variants