Business

Iran’s rial hits record low as nuclear sanctions impact economy

Iran’s rial hits record low as nuclear sanctions impact economy

TEHRAN, Iran (AP) — Iran’s rial currency fell Wednesday to a new low of 1.2 million to a U.S. dollar as nuclear sanctions squeeze Tehran’s ailing economy. Traders offered the new exchange rate on ...

Read More
Thailand lifts afternoon alcohol sales ban for holidays

Thailand lifts afternoon alcohol sales ban for holidays

BANGKOK (AP) — Thailand on Wednesday lifted a 53-year-old ban on the afternoon retail sale of alcoholic drinks, a move expected to help boost year-end holiday tourism, as well as business at venue...

Read More
Social media sites will start closing children’s accounts in Australian

Social media sites will start closing children’s accounts in Australian

MELBOURNE, Australia (AP) — Social media platforms must report monthly how many children’s accounts they close once Australia begins enforcing its 16-year age limit next week, a minister said Wedn...

Read More
Airbus expects to deliver fewer planes in 2025

Airbus expects to deliver fewer planes in 2025

PARIS (AP) — Aerospace manufacturer Airbus expects to deliver fewer planes than planned this year following an issue with fuselage panels used on some A320 planes. The European company said Wednes...

Read More
Belgium rejects plan to use frozen Russian assets for Ukraine’s economy and war effort

Belgium rejects plan to use frozen Russian assets for Ukraine’s economy and war effort

BRUSSELS (AP) — Belgium on Wednesday rejected a plan to use frozen Russian assets to help prop up Ukraine’s economy and war effort over the next two years, saying that the scheme poses major finan...

Read More
What to know about the search for the missing Malaysian Airlines MH370 plane

What to know about the search for the missing Malaysian Airlines MH370 plane

KUALA LUMPUR, Malaysia (AP) — More than a decade ago, Malaysia Airlines Flight MH370 vanished without a trace, sparking one of aviation’s most baffling mysteries. Despite years of multinational se...

Read More