United States and Italy united in Ukraine, with slightly different tones | business news

By COLLEEN BARRY Associated Press MILAN (AP) — Italian Prime Minister Mario Draghi is meeting this week with U.S. President Joe Biden in Washington as Europe faces another “whatever it takes” moment with Russia’s war in Ukraine in its eastern flank. Both Rome and Washington will emphasize their historic friendship and shared desire to help … Read more

Asian stocks mostly up after upbeat end on Wall Street | business news

By ELAINE KURTENBACH, AP Business Writer BANGKOK (AP) — Stocks in Asia were mostly higher on Monday as gains carried over from a strong close last week on Wall Street. Tokyo, Hong Kong and Seoul advanced while Shanghai was closed for a holiday. Oil prices rose and US futures were almost unchanged. Analysts said a … Read more

Russian war could further increase car prices and shortages | business news

By TOM KRISHER and KELVIN CHAN, AP Business Writers DETROIT (AP) — BMW has halted production at two German factories. Mercedes is slowing down work at its assembly plants. Volkswagen, warning of production stops, is looking for alternative sources of spare parts. For more than a year, the global auto industry has grappled with a … Read more