AP National Business

TAIWAN, Taiwan — Himax: Q4 Earnings Snapshot

KAOHSIUNG, Taiwan — ASE Technology Hldg: Q4 Earnings Snapshot

STOCKHOLM (AP) — Sweden’s central bank has raised a key interest rate and 0.5 percentage points to 3% to combat inflation, saying it “is far too high and has continued to rise.” Riksbanken said Thursday when announcing the hike that “for inflation to fall and stabilize around the target within a reasonable time. In Sweden,

CAMBRIDGE, Britain — Astrazeneca: Q4 Earnings Snapshot

GENEVA (AP) — Credit Suisse has reported a pre-tax loss of more than 1.3 billion Swiss francs, or about $1.4 billion, in the fourth quarter of last year. The results Thursday come as new managers vie to right the top-drawer Swiss bank that has faced a string of setbacks in recent years and is trying

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Nissan has reported a 55% jump in its October-December profit, as the Japanese automaker gears up for a less bumpy journey with its French alliance partner Renault. Profit for the quarter at Yokohama-based Nissan totaled 50.6 billion yen, or $386 million. Its quarterly sales surged 29%,

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia has rejected a coal mining application based on environmental law for the first time. The government is under pressure to block all new coal and gas extraction projects in the interest of curbing climate change. But Environment Minister Tanya Plibersek said Thursday she would decide

By MARI YAMAGUCHI Associated Press TOKYO (AP) — The leaders of Japan and the Philippines have agreed to sharply boost their defense ties, allowing Japanese troops greater access to Philippine territory, as tensions rise in Asia amid China’s growing influence. Philippine President Ferdinand Marcos Jr. is visiting Japan shortly after he and the U.S. secretary

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares have fallen after Wall Street retreated for a second day as market watchers considered earnings reports and various indicators about whether inflation is waning in the U.S. and elsewhere. Investors are also scrutinizing an array of earnings reports coming from top companies around the

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Toyota has reported an 8.1% drop in its net profit in the last quarter as a global shortage of computer chips and soaring raw material costs battering the auto industry hit Japan’s top automaker. Toyota’s October-December profit totaled 727.9 billion yen, or $5.6 billion, down from

By MATTHEW DALY Associated Press WASHINGTON (AP) — President Joe Biden sparked a firestorm in energy circles when he said in Tuesday’s State of the Union address that the United States will need oil “for at least another decade.″ Republicans in the House chamber laughed in derision at Biden’s off-the-cuff remark, which was not in

By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia’s Defense Department will remove surveillance cameras made by Chinese Communist Party-linked companies from its buildings. The Australian newspaper says at least 913 cameras, intercoms, electronic entry systems and video recorders developed and made by the Hikvision and Dahua companies are in Australian government and agency

By BARBARA ORTUTAY AP Technology Writer Many Twitter users have found themselves unable to tweet, follow accounts or access their direct messages as the Elon Musk-owned platform experienced a slew of widespread technical problems. Twitter acknowledged on Wednesday that the platform “may not be working as expected for some of you” and said it is

By GENE JOHNSON Associated Press SEATTLE (AP) — A U.S. judge has upheld Washington’s residency requirement for involvement in the state’s legal cannabis industry — a decision at odds with a federal appeals court ruling concerning a similar requirement in Maine. A man who co-owns a chain of Washington cannabis stores called Zips, Scott Atkinson,

By ANTHONY IZAGUIRRE Associated Press TALLAHASSEE, Fla. (AP) — Florida lawmakers have advanced proposals to strip Disney of its self-governing status, expand a controversial migrant transportation program and strengthen prosecutions tied to the state’s election police unit. The bills cleared separate committees and the Senate on Wednesday. The measures come as part of a special

HOUSTON — Plains GP: Q4 Earnings Snapshot

TORONTO — Sun Life: Q4 Earnings Snapshot

By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — The Walt Disney Co. will cut about 7,000 jobs as part of an ambitious companywide cost-savings plan and “strategic reorganization” announced Wednesday by CEO Bob Iger. The job cuts amount to about 3% of the entertainment giant’s global workforce and were unveiled after Disney reported

By TOM KRISHER AP Auto Writer DETROIT (AP) — Investigators from the National Transportation Safety Board apparently have solved the mystery of why no one was found behind the steering wheel of a Tesla that crashed in a Texas two years ago, killing two men. The agency said in an investigative report released Wednesday on