Business

Business

• Q&A: On Turkey's proposed alcohol restrictions

  A look at legislation passed in Turkey's parliament early Friday that would ban all alcohol advertising and tighten restrictions on the sale of such ... 

• China, Switzerland to seal free trade deal

  Chinese Premier Li Keqiang is in Switzerland to sign a free trade pact with the Alpine nation — the first comprehensive agreement the country has ... 

• Spanish court opens tax probe into king's daughter

  Princess Cristina, the daughter of Spain's King Juan Carlos, is under investigation for possible tax fraud and money laundering, the latest blow to ... 

• Slovenia adopts debt cap to stave off crisis

  Slovenia's parliament has adopted a cap on public spending to try to convince investors that it will be able to avoid needing an international bailout 

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  France won't force companies to cap executive pay

  The French government is trying to woo executives and entrepreneurs, amid concerns that it has antagonized the businesses needed to reinvigorate the ... 

• Cyprus ends money controls on 2 more foreign banks

  Cypriot authorities have lifted restrictions on money withdrawals and transfers for international clients of another two foreign banks active in the ... 

• UN nuke agency's Iran probe driven by US-led intel

  The U.N. nuclear agency responsible for probing whether Iran has worked on a nuclear bomb depends on the United States and its allies for most of its ... 

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  Obama's speech welcomed in Pakistan, Yemen

  President Barack Obama's speech on the use of drones and the fate of Guantanamo prisoners was largely welcomed Friday in two key countries affected ... 

• Oil falls below $94 on weak outlook for demand

  The price of oil was knocked below $94 a barrel Friday by a combination of ample supplies and lukewarm demand. By early afternoon in Europe, benchmark ... 

• Top Swiss negotiator in tax disputes steps down

  Switzerland's top negotiator in talks to resolve disputes over tax evasion with Europe and the U.S. is stepping down. The Finance Ministry said Friday ... 

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  World stocks lower after big sell-off

  World stocks edged lower on Friday, a day after markets around the world dropped sharply on concerns global growth is slowing and the Federal Reserve ... 

• Polish jobless rate falls to 14 percent

  Government data show that Poland's jobless rate fell to 14 percent in April from 14.3 percent the month before, an improvement due largely to seasonal ... 

• German business confidence unexpectedly rebounds

  German business confidence rebounded this month in an unexpectedly strong showing that sends a hopeful signal for more robust growth in Europe's ... 

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  Glitzy amfAR raises $25 million, goes to space

  With an apt rendition of "Gold-finger," singing legend Shirley Bassey roused celebrity-revelers to dig deep into their pockets at the 20th amfAR gala ... 

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  Obama balances threats against Americans' rights

  Forecasting the changing nature of threats against the U.S. for years to come, President Barack Obama says "America is at a crossroads." And so, too, ... 

• Turkey passes bill restricting alcohol sales, ads

  Turkey's parliament has passed legislation to ban all advertising of alcohol and tighten restrictions on sales in the mainly Muslim but secular ... 

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  Asia stock markets edge up after big sell-off

  Asian stock markets staged a mild recovery Friday, a day after being routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve ... 

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  Extremists claim responsibility for Niger attacks

  Suicide bombers in Niger detonated two car bombs simultaneously, one inside a military camp in the city of Agadez and another in the remote town of ... 

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  Obama sees narrower terror threat, defends drones

  President Barack Obama sought Thursday to advance the U.S. beyond the unrelenting war effort of the past dozen years, defining a narrower terror ... 

• ECB's Draghi: 'Imperative' to set up new bank body

  European Central Bank President Mario Draghi said it was "imperative" that Europe's leaders create a new agency with powers to restructure busted ... 

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  IMF chief Lagarde in court in fraud probe

  International Monetary Fund chief Christine Lagarde faced hours of questioning at a special Paris court Thursday over her role in the 400 million euro ... 

• Appellate court: Berlusconi ran illegal scheme

  Former Italian Premier Silvio Berlusconi on Thursday called "surreal" the judicial reasoning behind an appellate court's decision to uphold his guilty ... 

• Turks and Caicos recovers cash, land amid probe

  Officials in the Turks and Caicos Islands have recovered $19.5 million and more than 2,500 acres (1,000 hectares) of real estate as they continue to ... 

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  Greeks to see no tax relief until budget improves

  Greece's conservative-led government can't lower taxes before the public deficit falls further, the prime minister said Thursday, but he pledged to ...