GENEVA — Switzerland’s financial markets authority is getting a new chief executive as the rich Alpine country looks at ways to strengthen regulations after UBS hurriedly took over ailing rival Credit Suisse last year partly to prevent a global banking meltdown. The Swiss government on Wednesday selected Stefan Walter, a 59-year-old German national who was…
SAN FRANCISCO — A farmworker charged with killing seven people last year in back-to-back shootings at two Northern California mushroom farms was indicted by a grand jury in an effort by prosecutors to move the case along, authorities said. Chunli Zhao was in court Tuesday to be arraigned on seven counts of first-degree murder and…
ORLANDO, Fla. — Disney this week requested a second delay in a state court case involving its legal battle with Gov. Ron DeSantis‘ appointees over who controls Walt Disney World’s governing district, as the company accused them and the governor’s office of stonewalling requests for documents that are part of the litigation. The entertainment giant’s…
BANGKOK — Asian shares were mixed on Wednesday after Japan reported its exports jumped nearly 10% in December, though shares in Tokyo fell nearly 1%. Hong Kong advanced while Shanghai declined. U.S. futures were higher and oil prices edged lower. Japan’s exports grew nearly 3% in 2023 while imports fell 7%, leaving a trade deficit…
China’s central bank says it will cut its reserve requirements for banks to help spur more lending and boost the economy
NICOSIA, Cyprus — Cyprus has made headway in weaning itself off Russian cash and business as it tries to clean up its image, according to official figures, while a visiting team of U.S. officials is helping the government look at cases of alleged sanctions-busting. According to figures obtained by The Associated Press on Wednesday, Russian…
Every year Edmunds’ experts put their heads together to determine the best new vehicles on sale. The annual Edmunds Top Rated Awards are given to the cars, trucks and SUVs that rank at the top of their class according to Edmunds’ vehicle testing program. That means each winner has been tested at the Edmunds test…
LONDON — Online retailer eBay Inc. will cut about 1,000 jobs, or an estimated 9% of its full-time workforce, saying its number of employees and costs have exceeded how much the business is growing in a slowing economy. It marks the latest layoffs in the tech industry. CEO Jamie Iannone said in a message to…
WASHINGTON — After an extended period of gloom, Americans are starting to feel better about inflation and the economy — a trend that could sustain consumer spending, fuel economic growth and potentially affect President Joe Biden’s political fortunes. A measure of consumer sentiment by the University of Michigan has jumped in the past two months…
PARIS — French farmers staged protests Wednesday across the country and in Brussels against low wages and what they consider to be excessive regulation, mounting costs and other problems. Roadblocks were spreading in many French regions, one day after a farmer and her daughter died due to a traffic collision at a protest barricade. Farmers…
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