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WASHINGTON (AP) — The International Monetary Fund is upgrading the outlook for the world economy, noting surprisingly strong growth in Europe and Asia and predicting that U.S. tax cuts will give the American economy a short-term boost. The IMF on Monday forecast global growth of...
HANOI, Vietnam (AP) — A former oil executive was sentenced to life in prison and a former high-ranking Vietnamese government official received a lengthy prison term Monday at the end of a major corruption trial. The 22 defendants in the case were mostly current or former...
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): 12:50 p.m. The Swiss military is stationing 4,377 troops in and around Davos, Switzerland, to provide security for this year's meetings at the World Economic Forum, which is...
BEIJING (AP) — China defended its role in global trade Monday and accused Washington of being disruptive after the U.S. government said it was a mistake to support Beijing's World Trade Organization membership on terms that failed to open its economy. China is "strictly...
FRANKFURT, Germany (AP) — Two companies say they plan a network of fast-charging stations for battery-powered cars in Europe that will help drivers of electric vehicles travel among the region's main cities. Allego and Fortum Charge & Drive said Monday they envision 27 e-...
DAVOS, Switzerland (AP) — In Davos this week, participants can experience "a day in the life of a refugee." Or hear about ways to uphold the Paris climate accord and promote free trade. Or rub elbows with any number of leaders of African countries. Enter Donald Trump. The World...
DAVOS, Switzerland (AP) — A CEO from one of the world's top five global fashion brands has to work for just four days to earn what a garment worker in Bangladesh will earn in an entire lifetime, campaigning group Oxfam International said Monday. In the run-up to the World...
PARIS (AP) — France-based drugmaker Sanofi is buying U.S. hemophilia specialist Bioverativ for $11.6 billion in a deal that Sanofi says will boost its profile for fighting rare diseases. The deal announced Monday is the latest such move in a pharmaceutical industry that's seeing...
BERLIN (AP) — Swiss bank UBS has reported a 2.22 billion-franc ($2.3 billion) loss for the fourth quarter as a result of a large writedown caused by the newly enacted U.S. tax reform. UBS said Monday it wrote down nearly 2.87 billion francs in deferred tax assets due to the...
MILWAUKEE (AP) — Seeking change amid midseason struggles, the Milwaukee Bucks fired coach Jason Kidd on Monday...
NEW HAVEN, Conn. (AP) — A Connecticut theater's artistic director is on administrative leave due to allegations of...
NEW HAVEN, Conn. (AP) — A Connecticut theater's artistic director is on administrative leave due to allegations of...
CLEVELAND (AP) — A person familiar with the negotiations says the Browns are hiring former Steelers offensive...
CLEVELAND (AP) — A person familiar with the negotiations says the Browns are hiring former Steelers offensive...
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