Business News

AP News - 10 minutes ago

TAIPEI, Taiwan (AP) — Stormy weather on the trailing edge of Typhoon Matmo was the likely cause of a plane crash on a Taiwanese island that killed 48 people, the airline said Thursday.The ATR-72 operated by Taiwan's TransAsia Airways was carryin ...more

AP News - 36 minutes ago

GENEVA (AP) — Swiss drugmaker Roche Holding AG on Thursday posted a net profit drop of 7 percent compared with a year ago, weighed down by a strong Swiss franc and charges from one of its diagnostic units.The world's biggest manufacturer of canc ...more

AP News - 36 minutes ago

SEOUL, South Korea (AP) — LG Electronics Inc. said Thursday its quarterly profit more than doubled as its mobile division ended three quarters of losses.The South Korean consumer electronics company said its net income for the April-June quarter ...more

AP News - 49 minutes ago

NEW DELHI (AP) — Twelve children were killed Thursday when a train crashed into their school bus at an unmanned railroad crossing in southern India, police said.The bus driver also died while another 16 children ages 7 to 14 were injured and hos ...more

AP News - 1 hour ago

BEIJING (AP) — The chairman of an American meat supplier apologized Thursday for a Chinese subsidiary that is accused of selling expired beef and chicken to restaurants including McDonald's and KFC.Fast food chains in China suspended use of prod ...more

AP News - 2 hours ago

BERLIN (AP) — Air France and Germany's two largest airlines on Wednesday canceled more flights to Tel Aviv because of safety concerns amid the fighting between Israel and Hamas.Lufthansa and Air Berlin extended their cancelations through Thursda ...more

AP News - 2 hours ago

TAIPEI, Taiwan (AP) — An airline said Thursday it suspected typhoon weather caused one of its planes to crash land on a small Taiwanese island, killing 48 people.The ATR-72 operated by Taiwan's TransAsia Airways was carrying 58 passengers and cr ...more

AP News - 2 hours ago

WELLINGTON, New Zealand (AP) — New Zealand on Thursday raised its benchmark interest rate to 3.5 percent but signaled a pause in its program of rate hikes.The announcement prompted a sharp drop in the New Zealand dollar, which was trading down n ...more

AP News - 2 hours ago

HAVANA (AP) — Many people in this tiny hamlet on the southern coast of Cuba remember when the shore lay about 100 meters (yards) farther out. That was four decades ago.Since then, rising waters have gradually swallowed up rustic homes, a narrow ...more

AP News - 4 hours ago

TOKYO (AP) — Japan's trade deficit surged to a record 7.6 trillion yen ($74.9 billion) in the first half of the year as exports failed to keep pace with surging imports, the Finance Ministry reported Thursday.Japan's bulging import bill was part ...more