International investing

FILE - In this May 22, 2019, file photo, Ariel Quiros, left, former owner of Jay Peak Resort, stands outside the federal courthouse in Burlington, Vt., after his arraignment on fraud charges over a failed plan to build a biotechnology plant using foreign investors' money. The Miami businessman, accused of being the mastermind behind a massive fraud case involving foreign investors' money in Vermont developments, is expected to plead guilty in next week in a plea deal in which prosecutors are seeking a sentence of more than eight years in prison. (AP Photo/Lisa Rathke, File)
August 14, 2020 - 10:13 am
BURLINGTON, Vt. (AP) — A Miami businessman accused of being the mastermind behind the largest fraud case in Vermont's history pleaded guilty on Friday over a failed plan to build a biotechnology plant using tens of millions of dollars in foreign investors' money. Ariel Quiros, 64, the former owner...
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FILE - In this Nov. 15, 2019, file photo an Uber office is seen in Secaucus, N.J. Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic. (AP Photo/Seth Wenig, File)
May 07, 2020 - 6:53 pm
NEW YORK (AP) — Uber lost $2.9 billion in the first quarter as its overseas investments were hammered by the coronavirus pandemic, but the company is looking to its growing food delivery business and aggressive cost-cutting to ease the pain. The ride-hailing giant said Thursday it is offloading...
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German Economy Minister Peter Altmaier makes a phone call prior to the weekly cabinet meeting of the German government at the chancellery in Berlin, Germany, Wednesday, April 8, 2020. In order to slow down the spread of the coronavirus, the German government has considerably restricted public life and asked the citizens to stay at home. The new coronavirus causes mild or moderate symptoms for most people, but for some, especially older adults and people with existing health problems, it can cause more severe illness or death.(AP Photo/Markus Schreiber, Pool)
April 08, 2020 - 5:31 am
BERLIN (AP) — Germany’s Cabinet on Wednesday approved legislation that will make it easier for authorities to prevent foreign takeovers of strategically important companies. The changes are meant to bring rules in Germany, Europe’s biggest economy, in line with a year-old European Union directive...
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FILE - In this Nov. 14, 2019, file photo a pair of specialists work on the floor of the New York Stock Exchange. Investments around the world were all winners in 2019 as central banks unleashed more stimulus to bolster the global economy against the damage created by President Donald Trump’s trade war. (AP Photo/Richard Drew, File)
December 26, 2019 - 3:23 pm
NEW YORK (AP) — On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year's fourth quarter. On January 4, Federal Reserve Chairman Jay Powell said the central bank would be "patient" with its...
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Saudi Arabia's state-owned oil company Saudi Armco and stock market officials celebrate during the official ceremony marking the debut of Aramco's initial public offering (IPO) on the Riyadh's stock market in Riyadh, Saudi Arabia, Wednesday, Dec. 11, 2019. (AP Photo/Amr Nabil)
December 11, 2019 - 4:01 pm
RIYADH, Saudi Arabia (AP) — Saudi Arabian oil company Aramco surpassed Apple as the world's most valuable public company Wednesday when its shares made their debut on the Saudi stock exchange, part of an ambitious shift away from the very fossil fuels the country's economy depends on. The shares'...
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November 04, 2019 - 9:00 am
NICOSIA, Cyprus (AP) — Cyprus' president pledged on Monday to revoke any of his island republic's passports found to have been "mistakenly" granted to wealthy overseas investors under a controversial cash-for-citizenship program. Nicos Anastasiades said errors may have been made in granting such so...
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A man walks near a compound for Saudi Aramco in Jiddah, Saudi Arabia, Sunday, Nov. 3, 2019. Saudi Arabia formally started its long-anticipated initial public offering of its state-run oil giant Saudi Aramco on Sunday, which will see a sliver of the firm offered on a local stock exchange in hopes of raising billions of dollars for the kingdom. (AP Photo/Amr Nabil)
November 03, 2019 - 4:55 am
DHAHRAN, Saudi Arabia (AP) — Saudi Arabia formally began an initial public offering Sunday of a sliver of oil giant Saudi Aramco after years of delay, hoping international and local investors will pay billions of dollars for a stake in the kingdom's crown jewels. An approval by Saudi Arabia's...
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October 29, 2019 - 7:46 am
BEIJING (AP) — China on Tuesday promised more improvements in conditions for foreign companies including an end to officials pressing them to hand over technology — a key irritant in its tariff war with Washington. The announcement adds to a drumbeat of market-opening promises by the communist...
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October 24, 2019 - 11:49 am
NICOSIA, Cyprus (AP) — Cyprus is checking whether foreign investors who were granted a so-called "golden passport" met the scheme's eligibility criteria, a Cypriot government official said Thursday. Government spokesman Prodromos Prodromou said investors could lose their Cypriot passport if the...
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Turkey's President Recep Tayyip Erdogan addresses a conference of parliament speakers in Istanbul, Friday, Oct. 11, 2019. Erdogan says his county "will not take a step back" from its offensive against Syrian Kurdish militants it sees as a national security threat, defying serious warnings from the United States and other Western nations. (Presidential Press Service via AP, Pool)
October 15, 2019 - 11:49 am
FRANKFURT, Germany (AP) — The sanctions the U.S. announced against Turkey this week over its offensive in Syria fall well short of doing serious damage to an economy still healing from a recession and currency collapse. President Donald Trump could take far tougher action that would deter foreign...
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