Australian prime minister says Bing could replace Google
CANBERRA, Australia — Australia’s prime minister said today that Microsoft is confident it can fill the void if Google carries out its threat to remove…
AP Wire
UK online fashion retailer buys Topshop, three other brands
LONDON — Online fashion seller ASOS has bought Topshop, which once boasted designs by Kate Moss and Beyonce, along with three other brands for 265…
China manufacturing growth weakens in January
BEIJING — China’s manufacturing growth weakened in January, according to two surveys, suggesting its rebound from the coronavirus pandemic is leveling off. A purchasing managers’…
Silver is the new Gamestop: Price boosted by online movement
LONDON — The price of silver is rallying as the online trading movement fuelling the rise of unloved shares like GameStop took a shine to…
Study: Nonprofits lost 50,000 jobs last month from virus
After months of slow but steady job growth, America’s nonprofit organizations shed more than 50,000 positions in December, a consequence of the economic damage caused…
Report: Mexican economy shrinks 8.5% in 2020
MEXICO CITY — Mexico’s pandemic-hit economy shrank 8.5% in 2020, the largest single-year drop since 1932 and the second consecutive year of economic contraction. Mexico’s…
US contract signings to buy homes hits record for December
SILVER SPRING, Md. — The number of Americans who signed contracts to buy homes declined slightly for the fourth straight month, but it was a…
Pandemic ends 30-year growth streak for Polish economy
WARSAW, Poland — Poland’s economy shrank 2.8% during 2020 due to the pandemic, ending three decades of constant growth, according to preliminary figures released by…
US employment costs rise modestly in fourth quarter
SILVER SPRING, Md. — Wages and benefits for U.S. workers rose in the last quarter of the year even with employers trying to hold the…
US consumer spending fell 0.2% in December in face of virus
WASHINGTON — U.S. consumers slowed their spending by 0.2% in December, cutting back for a second straight month in a worrisome sign for an economy…