Tag: Business

UK Labour Party sweeps to power in historic election win. But impatient voters mean big challenges

LONDON -- Britain’s Labour Party swept to power Friday after more than a decade in opposition, official results showed, as a jaded electorate...

New Zealand will radically ease zoning rules to try to relieve its stubborn housing shortage

WELLINGTON, New Zealand -- New Zealand will drastically ease zoning restrictions in a bid to “flood the market” with land for homes and...

A study finds Indonesia's deforested land is often left idle. But some see potential in that

JAKARTA, Indonesia -- Years after being felled, vast swathes of Indonesia's old-growth forests are left sitting idle. And when the land is finally...

Parent company of Saks Fifth Avenue to buy rival Neiman Marcus

NEW YORK -- The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns...

Tall Ships Races with 50 classic vessels seeks to draw attention to Baltic Sea's alarming status

HELSINKI -- Dozens of classic sailing vessels from 13 countries that are plying the Baltic Sea arrived at the Finnish capital on Thursday...

Europe is slapping tariffs on Chinese electric vehicles — for now. Here's what to know

FRANKFURT, Germany -- The European Union is imposing sharply higher customs duties on electric vehicles imported from China. EVs are the latest flash...