BANGKOK (AP) — A Hong Kong court’s order to liquidate China Evergrande, the world’s most heavily indebted real estate developer, is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging on the Chinese economy. Evergrande owes $340 billion to its creditors. Experts say it’s unclear if Monday’s order
LONDON (AP) — HSBC, Europe’s biggest bank, has been fined 57.4 million pounds ($72.8 million) for failing to adequately protect customer deposits in the event that the bank collapsed, U.K. regulators said Tuesday.Two units of London-based HSBC Holdings Plc violated rules designed to ensure regulators have the information they need to protect depositors when banks
THESSALONIKI, Greece (AP) — Authorities have arrested two people after finding a large weapons cache in their home in northern Greece, police said Tuesday.The two – a 54-year-old man and a 57-year-old woman – face felony counts of weapons and explosives possession. Police searching their home in the city of Florina on Monday seized 29
NICOSIA, Cyprus (AP) — A United Nations official said on Tuesday that her experience in negotiating an end to decades of conflict in her native Colombia may help her as she seeks to rekindle talks over Cyprus’ ethnic division.María Ángela Holguín Cuellar, the U.N. chief’s new personal envoy for Cyprus, said she believes she can
TALLINN, Estonia (AP) — Lawyers for Russian opposition figure Vladimir Kara-Murza Jr., who is serving a 25-year sentence for treason, revealed Tuesday he has been transferred to another prison in Siberia and placed in solitary confinement again over an alleged minor infraction. The move comes amid unrelenting pressure on Russian dissidents at home and abroad
Police officers deployed during the Paris Olympics will receive bonuses of up to 1,900 euros ($2,050), French Interior Minister Gerald Darmanin said on Tuesday in reaction to protests.Police unions worried about working conditions during the Olympic Games from July 26-Aug. 11 and the Paralympics that follow organized protests and work stoppages this month for better
LONDON (AP) — A man reportedly armed with a crossbow was fatally shot by officers in London on Tuesday as he broke into a home where he had threatened the occupants, the Metropolitan Police said.The suspect, believed to be in his 30s, was reportedly armed and threatened people in the home in the Southwark part
STOCKHOLM (AP) — French President Emmanuel Macron was welcomed Tuesday with pomp and ceremony at the start of a two-day state visit to Sweden during which he will meet Prime Minister Ulf Kristersson and the Scandinavian country’s monarch, King Carl XVI Gustaf.Macron and his wife, Brigitte, were greeted by the king in the inner courtyard
GENEVA (AP) — The U.N.’s weather agency on Tuesday confirmed a reading of 48.8 degrees Celsius (119.8 degrees Fahrenheit) in Sicily two years ago as the hottest temperature ever recorded in Europe. The World Meteorological Organization says the Sicilian scorcher was picked up on Aug. 11, 2021, at a time when temperatures were soaring across
GENEVA (AP) — Despite the disqualification of Kamila Valieva in a doping case, the Russian figure skating team still stands to finish on the podium and get bronze medals from the 2022 Beijing Olympics behind the United States and Japan.The Americans moved into the gold medal position in the team event and Japan has been
