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  • ADB ready to boost lending to Philippines by 66 percent

    MANILA, Philippines (AP) — The Asian Development Bank says it is ready to boost lending to the Philippines by 66 percent to about $3 billion to support the country’s infrastructure and development needs. ADB President…

  • Timeline of Chinese government measures to halt stock slide

    BEIJING (AP) — A timeline of government measures aiming at curbing a slide in share prices after China’s main market index peaked June 12 and fell sharply in the following weeks: June 18: Regulators order…

  • Q&A: What stock market tumble means for China, rest of world

    BEIJING (AP) — China’s stock market tumbled this week despite a massive government intervention aimed at halting a slide in prices that began last month following an explosive rise. On Monday, the Shanghai Composite Index…

  • Loss-making AirAsia X aims to be profitable by year-end

    KUALA LUMPUR, Malaysia (AP) — Long-haul budget carrier AirAsia X says it expects to return to operational profit by the end of the year and is open to strategic foreign investment. AirAsia X has suffered…

  • Britain’s economy grows 0.7 percent in second quarter

    LONDON (AP) — Britain’s economy picked up speed in the second quarter of 2015, when it expanded by 0.7 percent compared with the previous three-month period. The Office of National Statistics said Tuesday that the…

  • China stocks fall for second day, Europe rises

    BEIJING (AP) — Chinese stocks fell further Tuesday after suffering their biggest drop in eight years the previous day while most other Asian markets declined and Europe rose. KEEPING SCORE: The Shanghai Composite Index dropped…

  • Greece, rescue creditors in 2nd day of talks on new lifeline

    ATHENS, Greece (AP) — Emissaries from Greece’s international creditors are holding a second day of preparatory talks with Greek officials, ahead of higher-level negotiations later this week on the country’s new multi-billion euro lifeline. The…

  • Where Startup that Turned Down $30M “Shark Tank” Offer Is Today

    (NEW YORK) — The Kang sisters — Soo, Dawoon and Arum — stunned everyone when they said no to $30 million, walking away from Mark Cuban’s record-setting offer for their dating app on ABC’s Shark…

  • Walmart’s Oldest US Employee Celebrates His 103rd Birthday

    (WINFIELD, Kan.) — There’s a lot to celebrate as you get older. Especially when you’re 103 and Walmart’s oldest employee in the United States. Meet Loren Wade, who on Saturday celebrated his 103rd birthday and…

  • Energy company BP slides to loss in 2nd quarter

    LONDON (AP) — BP reported a second-quarter loss Tuesday after the London-based oil company set aside another $10.8 billion to cover the cost of the Deepwater Horizon accident. The net loss of $5.82 billion compared…

  • Malaysian PM axes deputy, attorney general amid fund scandal

    KUALA LUMPUR, Malaysia (AP) — Malaysian Prime Minister Najib Razak, stung by allegations that he received some $700 million in government money, on Tuesday fired the attorney general who had been investigating him and a…

  • Statoil Q2 profits hit by lower oil prices, higher costs

    HELSINKI (AP) — Norwegian energy company Statoil says it was hit by lower oil prices, increased depreciation and higher drilling costs in the second quarter, causing net profit to fall 16 percent to 10.1 billion…

  • Update on the latest business

    FINANCIAL MARKETS BEIJING (AP) — Shanghai stocks were volatile today after falling the most in eight years the day before while other Asian markets also teetered between gains and losses. The Shanghai Composite Index wavered,…

  • Federal officials examine probable cause of spaceship crash

    WASHINGTON (AP) — The National Transportation Safety Board is considering what caused a Virgin Galactic spaceship to break apart over the Mojave Desert during a test flight 10 months ago, killing the co-pilot and seriously…

  • Microsoft launches Windows 10: Here’s what that means

    SAN FRANCISCO (AP) — Microsoft’s new Windows 10 operating system debuts Wednesday, as the longtime leader in PC software struggles to carve out a new role in a world where people increasingly rely on smartphones,…