Top EU official proposes new 2030 target to reduce emissions
BRUSSELS — The European Union’s top official proposed a more ambitious target today for cutting greenhouse gas emissions in Europe, setting a reduction goal of…
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Japan exports fall 15% in August as pandemic pummels trade
MITO, Japan — Japan’s trade surplus widened in August as the pandemic pummeled a wide array of industries and sapped consumer demand. The 15% drop…
U.S. stocks rise again as tech makes up more lost ground
NEW YORK — Wall Street is strengthening again today as big technology stocks wrest back more of their losses from their sudden belly flop earlier…
U.S. tariffs on China ruled to be illegal by world trade body
GENEVA — The World Trade Organization said today that Trump administration tariffs on Chinese goods totaling more than $200 billion are illegal under the rules…
ViacomCBS to rebrand CBS All Access as Paramount Plus
NEW YORK — ViacomCBS will rebrand its CBS All Access streaming service as Paramount Plus, set to debut early next year with new, original shows….
U.S. industrial production up modest 0.4% in August
WASHINGTON — U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounce back recorded in previous months…
Lego to ditch plastic bags for paper ones in its boxed sets
NEW YORK — Lego said today that it will stop using plastic bags inside its boxed sets and replace them with paper ones. The Danish…
ADB forecasts developing Asian economies in recession in ’20
Developing economies in Asia will contract in 2020, the first such downturn in nearly 60 years, the Asian Development Bank said Tuesday in an update…
UK unemployment keeps rising even as businesses reopen
LONDON — Unemployment in the U.K. edged up in July even though large sections of the economy reopened after the coronavirus lockdown, a signal that…
UK’s Johnson defends planned law, says EU ‘unreasonable’
LONDON (AP) — British Prime Minister Boris Johnson on Monday defended his plan to unilaterally rewrite Britain’s divorce deal with the European Union as an…