BANGKOK (AP) – Chinese factory activity expanded for the first time in eight months in December, as orders picked up ahead of holidays and builders rushed to finish projects, according to surveys released Wednesday.
Lee Enterprises announced a compromise Tuesday with billionaire investor David Hoffmann, who offered to take over the nation’s third-largest newspaper chain this year, to help stabilize the company’s finances with a $50 million investment and set Lee up for the future.
GELSENKIRCHEN, Germany (AP) – Thieves stole tens of millions of euros worth of property from safety deposit boxes inside a German bank vault that they drilled into Monday during the holiday lull, police said.
Excerpts from recent editorials in the United States and abroad:
Shares of major U.S. companies in the energy sector are sharply higher Monday after President Donald Trump announced plans to take control of Venezuela’s oil industry, saying that it would be American companies helping to revitalize it following the capture of President Nicolás Maduro.
WASHINGTON (AP) – U.S. multinational corporations will be exempted from paying more corporate taxes overseas in a deal finalized by the Organization for Economic Cooperation and Development. The OECD announced Monday that nearly 150 countries have agreed on the plan to stop large global companies from shifting profits to low-tax countries.
TOKYO (AP) – A 243-kilogram (535-pound) bluefin tuna sold for a record 510 million yen ($3.2 million) at the first auction of 2026 at Tokyo’s Toyosu fish market. The top bidder for the prized tuna at the predawn auction on Monday was Kiyomura Corp., whose owner Kiyoshi Kimura runs the popular Sushi Zanmai chain.
WASHINGTON (AP) – The economy in 2025 was filled with contradictions, as growth was healthy while hiring slowed, inflation stayed elevated and unemployment rose. Last year’s odd outcomes raise a host of questions for the upcoming year: Will a growing economy eventually boost the sluggish job market?
President Donald Trump’s plan to take control of Venezuela’s oil industry and ask American companies to revitalize it after capturing President Nicolás Maduro in a raid isn’t likely to have a significant immediate impact on oil prices.