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AP National Business

UK fines Facebook $69.4 million for failing to supply data

LONDON (AP) — Britain’s competition watchdog fined Facebook 50.5 million pounds ($69.4 million) on Wednesday for violating rules during the UK investigation into the social media giant’s purchase of Giphy. The Competition and Markets Authority said Facebook failed to provide required information during the probe. It said it gave the platform multiple warnings and “considers

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Credit Suisse faces penalties over Mozambique loan deals

By JAMEY KEATEN Associated Press ZURICH (AP) — Credit Suisse has announced settlements totaling nearly $700 million with British, Swiss and U.S. authorities over lending to Mozambique state-owned companies that Swiss regulators say violated anti-money-laundering rules. The Zurich-based bank, Switzerland’s second-largest, also was required by the Swiss financial markets authority to improve its risk controls.

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30 business leaders are promoting sustainable investments

By EDITH M. LEDERER Associated Press UNITED NATIONS (AP) — Thirty top business leaders are seeking to encourage private investment to help the U.N. achieve development goals for 2030, including tackling climate change, preserving the environment, ending poverty, promoting economic growth, and improving health care and education. U.N. Secretary-General Antonio Guterres said Tuesday that he

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EU mulling ways to end jet lease to Belarus’ airline

LUXEMBOURG (AP) — European Union foreign ministers have looked at ways to stop illegal migration into the 27-nation bloc from neighboring Belarus including stopping companies from leasing jets to Belarusian airline Belavia. Several EU leaders have accused the government of Belarusian President Alexander Lukashenko of facilitating migration into the EU in retaliation for EU sanctions.

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Rights watchdog faults Malta for abortion, journalist safety

By KEVIN SCHEMBRI ORLAND Associated Press VALLETTA, Malta (AP) — A European human rights watchdog is recommending that Malta legalize abortion, improve gender equality and implement reforms to protect journalists. The Council of Europe’s rights commissioner made an initial set of recommendations Monday following her recent visit to Malta. A final report is expected later. Malta is

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EPA unveils strategy to regulate toxic ‘forever chemicals’

By MATTHEW DALY Associated Press WASHINGTON (AP) — The Biden administration is launching a wide-ranging strategy to regulate toxic industrial compounds used in products including cookware, carpets and firefighting foams. Environmental Protection Agency head Michael Regan says his agency is taking a series of actions to limit pollution from a cluster of long-lasting chemicals known

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