ISLAMABAD (AP) — Pakistan and the International Monetary Fund reached a preliminary agreement for the release of $1.1 billion from a $3 billion bailout following dayslong talks in Islamabad, the IMF said Wednesday. Under the deal, Pakistan will receive the final tranche from the bailout that was approved by the IMF in July to save … Read more
LONDON (AP) — Price rises in the U.K. eased more than anticipated in February, official figures showed Wednesday, raising expectations that with the cost-of-living crisis abating, the Bank of England may start cutting interest rates in the next few months. The Office for National Statistics said inflation, as measured by the consumer price index, fell … Read more
BEIJING (AP) — A bus crashed into a tunnel wall on an expressway in northern China killing 14 people, state media said Wednesday. Thirty-seven other people were injured in the Tuesday afternoon crash, state broadcaster CCTV said. The bus was carrying 51 passengers when it hit the wall on the Hohhot-Beihai Expressway in the city … Read more
BANGKOK (AP) — No bidders appeared at a court-ordered auction Wednesday of the family home of Myanmar’s imprisoned former leader, Aung San Suu Kyi, where she had been held under house arrest for nearly 15 years, legal officials said. Many in Myanmar view the house as a historical landmark of Suu Kyi’s nonviolent struggle against … Read more
PARIS (AP) — France’s competition watchdog hit Google on Wednesday with another big fine tied to a long-running dispute over payments to French publishers for their news. The French Competition Authority said it issued the 250 million euro ($272 million) penalty because of Google’s failure to comply with some commitments it made in a negotiating … Read more
