HSBC warns of risks to world economic growth as profit dives

HONG KONG (AP) — London-based bank HSBC reported Tuesday that annual profit slumped by more than 80 percent following a year of “unexpected economic and political events” that contributed to volatile markets and influenced investment activity. Europe’s...

HSBC says 2016 profit slumps to $2.5B

HONG KONG (AP) — London-based bank HSBC reports that annual profit slumped by more than 80 percent following a year of “unexpected economic and political events” that contributed to volatile markets and influenced investment activity. Europe’s biggest bank...

Duck boats face increasing calls for improvements, bans

AP Photo/Elaine Thompson BOSTON (AP) — With their festive, party-like ambiance and ability to travel on land and in water, duck boats have long been tourist attractions for sightseers around the U.S. But a string of deadly accidents has left the industry reeling, forced...

Water regulators for Philly, NYC mum on gas drilling talks

Environmental groups and anti-drilling residents fear regulators are taking steps to lift a seven-year moratorium on natural gas development near the Delaware River, whose watershed supplies Philadelphia and half the population of New York City. They may or may not have anything...

Uganda launches gold refinery, amid fears of dirty minerals

KAMPALA, Uganda (AP) — A gold refinery primarily owned by a Belgian investor was launched in Uganda Monday amid concerns about the source of its minerals. The African Gold Refinery, worth $15 million and the first of its kind in East Africa, has drawn the attention of...

CEFC China Energy wins 4 percent stake in UAE oil project

DUBAI, United Arab Emirates (AP) — The United Arab Emirates’ main state oil company has agreed to give CEFC China Energy a 4 percent stake in a major onshore oil project a day after awarding a minority stake to another Chinese company. The Abu Dhabi National Oil...

Flying coach: Many universities are using private planes

BOSTON (AP) — Once seen as a luxury of the corporate world, private planes are becoming increasingly common at U.S. colleges and universities as schools try to attract athletes, raise money and reward coaches with jet-set vacations. Some schools spend millions of dollars a...

German economy minister to raise Opel fate during Paris trip

BERLIN (AP) — Germany’s economy minister plans to discuss the future of General Motors’ Opel subsidiary during a visit to Paris on Thursday. A spokesman for Brigitte Zypries said Monday the issue of a possible takeover by France’s PSA Group would play a...

Expert: Brexit could endanger security for other EU nations

LONDON (AP) — A former counterterrorism chief for London’s Metropolitan Police says Britain’s withdrawal from the European Union could compromise the security of other EU members if they do not continue to have full access to British intelligence. Richard Walton...

Uber to investigate sexual harassment claim by engineer

LONDON (AP) — Uber’s chief executive has ordered an urgent investigation into a sexual harassment claim made by a female engineer who alleged her prospects at the company evaporated when she complained about advances from her boss. Travis Kalanick responded Monday on...