UK eases ban on new wind farms, considers OKing coal mine

Britain’s Conservative government has approved the U.K.’s first new coal mine in three decades

UK eases ban on new wind farms, considers OKing coal mine

Environmental groups have welcomed a decision by Britain’s Conservative government to lift its opposition to onshore wind farms

China's Xi to visit Saudi Arabia to cement Gulf Arab ties

Chinese leader Xi Jinping will be arriving to Saudi Arabia to attend meetings with oil-rich Gulf Arab nations crucial to his country’s energy supplies as Beijing tries to revive an economy battered by strict coronavirus measures

Asia stocks lower as China scales back many COVID curbs

Shares are lower in Asia after benchmarks fell again on Wall Street on fears the Federal Reserve will need to keep the brakes on the economy to get inflation under control, risking a sharp recession

China November trade sinks under virus pressure, rate hikes

China’s imports and exports shrank in November under pressure from weakening global demand and anti-virus controls at home

China's Xi visiting Saudi Arabia amid bid to boost economy

Chinese leader Xi Jinping is attending a pair of regional summits in Saudi Arabia amid efforts to kick-start economic growth weighed down by strict anti-COVID-19 measures

Tensions over trade deals exposed at Mercosur summit

A summit of the four Mercosur nations has exposed tensions as Uruguay’s eagerness to seek out foreign markets collides with opposition from Brazil, Argentina and Paraguay

Facebook parent Meta threatens to remove news from platform

Facebook parent Meta Platforms says it will be forced to consider removing news content from its platform if Congress passes legislation that could require social media companies to pay news outlets

Trump Organization jury deliberating, focusing on last count

Jurors deliberating criminal tax fraud charges against Donald Trump’s company are zeroing in on the charge of falsifying business records

Syria to close govt agencies for 2 days amid fuel crisis

The Syrian government has decided to close state agencies for two days in December due to severe fuel shortages caused by the disruption in the arrival of supplies and Western sanctions

South Africa's lawmakers delay debate on president's future

South Africa’s lawmakers have postponed until next week a debate on the damning report that has resulted in calls for President Cyril Ramaphosa to step down

World shares lower as strong data hit hopes for dovish Fed

Stocks are mostly lower in Europe and Asia after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation

Latvia revokes license of independent Russian TV channel

Latvian media authorities have revoked the license of an independent Russian TV channel exiled in the Baltic country for, among other things, voicing support for the Russian military and including Crimea in its map of Russia

Asian shares lower as strong data hit hopes for dovish Fed

Stocks are mostly lower in Asia after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation

Australia's central bank raises key interest rate to 3.1%

Australia’s central bank has raised its benchmark interest rate by a quarter-point to 3.1% as it tries to wrestle down inflation

Investors press railroads to add sick time for workers

The major freight railroads now face pressure from investors to add sick days after Congress declined to require them as part of the contracts they imposed last week to avert a potentially devastating nationwide rail strike

Argentina eyes $100 billion as US will share banking data

The U.S. and Argentina have agreed to have their tax agencies automatically share data about their citizens' finances in each other's countries

Putin signs law expanding LGBT 'propaganda' restrictions

Russian President Vladimir Putin has signed a law that significantly expands restrictions on activities seen as promoting LGBT rights in the country

Japan aims to boost 5-year defense spending to $318 billion

Japan has set a new target for military spending over the next five years to $318 billion, or 1.5 times the current level, as the country seeks defense buildup including the use of preemptive strike

Turkish inflation eases for 1st time in more than a year

Annual inflation in Turkey has eased slightly in November for the first time in more than a year, but remains close to 24-year highs

Turkish inflation eases for 1st time in more than a year

Annual inflation in Turkey has eased slightly in November for the first time in more than a year, but remains close to 24-year highs