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AP National Business

Cyprus’ flawed program leads to 10 more losing citizenship

NICOSIA, Cyprus (AP) — An official says the Cyprus has begun proceedings to revoke citizenship from three investors and seven of their family members that was granted under the country’s ill-fated investment-for-citizenship program that a probe found had repeatedly flouted its own rules. Deputy government spokeswoman Niovi Parisinou said Wednesday that, overall, similar citizenship revocation

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West to bolster Ukraine air defense; nuke plant loses power

By ADAM SCHRECK and HANNA ARHIROVA Associated Press KYIV, Ukraine (AP) — Unbowed Western powers pledged to supply Ukraine with more potent air defense systems following a furious barrage of retaliatory Russian missile strikes, including one that temporarily knocked Europe’s biggest nuclear plant off the invaded country’s electrical grid Wednesday. The Russian-occupied Zaporizhzhia Nuclear Power

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Labor proposal could upend rules for gig workers, companies

By MICHELLE CHAPMAN and ALEXANDRA OLSON AP Business Writers The U.S. Department of Labor is publishing a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled as contractors rather than employees, potentially curtailing access to benefits and protections they rightfully deserve. The department said Tuesday that misclassifying

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UK Treasury chief to publish forecasts sooner amid turmoil

By SYLVIA HUI Associated Press LONDON (AP) — Britain’s Treasury chief says he will bring forward the publication of the government’s full fiscal statement after facing widespread criticism for not providing details about a multibillion-pound, tax-cutting stimulus package he announced last month. Kwasi Kwarteng had been expected to publish details of his financial strategy on

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