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Petrobras CEO resigns, raising questions over Brazil economy

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Rio De Janeiro, June 2 (AP) - The president of Brazilian state oil company Petrobras resigned Friday, the latest fallout from a crippling truckers' strike over fuel prices that has widespread implications for the future of Latin America's largest economy.
The dayslong strike led to shortages of supplies ranging from food to medicine, shuttered thousands of public schools and grounded numerous airline flights.
It ended earlier this week when President Michel Temer announced plans to subsidize...

AirAsia denies corruption allegations

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New Delhi, May 30 (AP) - AirAsia India Ltd., the Indian arm of regional budget airline AirAsia, has denied allegations it engaged in corruption, saying it was cooperating with an investigation into suspicions that it paid bribes to get government approvals.
Malaysia-based AirAsia chief Tony...

North Korea sees US economic handouts as threat

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Tokyo, May 29 (AP) - The U.S.-North Korea summit appears to be back on track, but Pyongyang is showing increased impatience at comments coming out of Washington that what leader Kim Jong Un really wants, even more than his nuclear security blanket, is American-style prosperity.
It's a core issue...

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