Category: Бізнес
‘The End of a Fantastic Era’ — a Look Back at the Concorde
05/03/2019
The speed and elegant appearance of the Concorde inspired awe. Its ear-rattling sonic booms irritated people on the ground and led to restrictions on where the jet could fly. The Concorde’s maiden flight was 50 years ago this month. Although the plane went out of service in 2003, its delta-wing design and drooping nose …
Trump Extends US Sanctions Against Zimbabwe By a Year
05/03/2019
U.S. President Donald Trump on Monday extended by one year sanctions against Zimbabwe saying that the new government’s policies continue to pose an “unusual and extraordinary” threat to U.S. foreign policy. The renewal comes despite calls by African leaders, including South Africa’s President Cyril Ramaphosa, for the sanctions to be lifted to give the country …
US Stocks Rise as Trade Optimism Counters Weak Data
02/03/2019
The S&P 500 and the Dow Jones industrial average snapped a three-day run of losses on Friday as optimism about the prospects for a U.S.-China trade agreement countered downbeat U.S. and China manufacturing data. The Nasdaq, meanwhile, marked its longest streak of weekly gains since late 1999. Following President Donald Trump’s announcement last weekend of a delay in higher …
US Consumer Spending Fell 0.5 Percent in December
01/03/2019
U.S. consumer spending tumbled 0.5 percent in December, the biggest decline in nine years, as the holiday shopping season ended in disappointment. Meanwhile, incomes rose sharply in December but edged down in January. The fall in consumer spending followed sizable gains of 0.7 percent in October and 0.6 percent in November, the Commerce Department reported …
US Craft Marketplace Makes Plans to Go Green by Offsetting Emissions
28/02/2019
Online crafts retailer Etsy Inc will go green by offsetting planet-warming carbon emissions from its shipping activities, the U.S. company said Wednesday, joining a host of companies making public moves to battle climate change. Etsy will buy clean energy certificates supporting tree conservation in the United States, wind and solar power in India and clean …
US Craft Marketplace Makes Plans to Go Green by Offsetting Emissions
28/02/2019
Online crafts retailer Etsy Inc will go green by offsetting planet-warming carbon emissions from its shipping activities, the U.S. company said Wednesday, joining a host of companies making public moves to battle climate change. Etsy will buy clean energy certificates supporting tree conservation in the United States, wind and solar power in India and clean …
WTO Rules China Over-Subsidized Farmers
28/02/2019
The United States won a World Trade Organization ruling Thursday that China subsidized its wheat and rice producers too much in recent years. The WTO in Geneva agreed with the U.S. position that Beijing paid its farmers excessive amounts for growing wheat, Indica rice and Japonica rice from 2012 to 2015, but said the dispute …
WTO Rules China Over-Subsidized Farmers
28/02/2019
The United States won a World Trade Organization ruling Thursday that China subsidized its wheat and rice producers too much in recent years. The WTO in Geneva agreed with the U.S. position that Beijing paid its farmers excessive amounts for growing wheat, Indica rice and Japonica rice from 2012 to 2015, but said the dispute …
US Economy Grew at 2.6 Percent Rate in Fourth Quarter
28/02/2019
The U.S. economy slowed in the final three months of last year to an annual growth rate of 2.6 percent, the slowest pace since the beginning of 2018, as various factors including the government shutdown took a toll on growth. Economists believe growth has slowed even more in the current quarter. The Commerce Department says …
Boeing Unveils Unmanned Combat Jet Developed in Australia
27/02/2019
Boeing on Wednesday unveiled an unmanned, fighter-like jet developed in Australia and designed to fly alongside crewed aircraft in combat for a fraction of the cost. The U.S. manufacturer hopes to sell the multi-role aircraft, which is 38 feet long (11.6 meters) and has a 2,000 nautical mile (3,704-kilometer) range, to customers around the world, …
Brazil’s Senate Confirms Campos Neto as Central Bank Chief
27/02/2019
Brazil’s Senate confirmed Roberto Campos Neto as central bank governor on Tuesday, after he stressed that controlling inflation and reining in public spending were critical to supporting economic growth. Much work must still be done to secure Brazil’s economic recovery, Campos Neto told the Senate’s economic committee at his confirmation hearing. He indicated there would …
Fed’s Powell: ‘No Rush’ to Hike Rates in ‘Solid’ But Slowing Economy
27/02/2019
The Federal Reserve is in “no rush to make a judgment” about further changes to interest rates, Fed Chairman Jerome Powell told U.S. lawmakers on Tuesday as he spelled out the central bank’s approach to an economy that is likely slowing. In two hours of testimony to the Senate Banking Committee, Powell elaborated on the …
Kenya Ride-Hailing Company ‘Little Cab’ Expanding to Tanzania, Ghana
26/02/2019
Kenya’s ride-hailing company ‘Little Cab’ is expanding to Tanzania and Ghana. The company will start offering rides in Tanzania’s commercial capital Dar es Salaam next week and plans to launch in Accra by May. VOA’s Mariama Diallo reports. …
Kenya Ride-Hailing Company ‘Little Cab’ Expanding to Tanzania, Ghana
26/02/2019
Kenya’s ride-hailing company ‘Little Cab’ is expanding to Tanzania and Ghana. The company will start offering rides in Tanzania’s commercial capital Dar es Salaam next week and plans to launch in Accra by May. VOA’s Mariama Diallo reports. …
Erdogan’s War on Rising Food Prices Leaves Casualties
26/02/2019
Turkish President Recep Tayyip Erdogan has declared war on inflation after food prices in the country soared by 30 percent after last year’s collapse of the Turkish currency. In a bid aimed at securing his political future, Erdogan is taking radical measures to curb price increases after accusing food sellers of excessively hiking food prices. …
Erdogan’s War on Rising Food Prices Leaves Casualties
26/02/2019
Turkish President Recep Tayyip Erdogan has declared war on inflation after food prices in the country soared by 30 percent after last year’s collapse of the Turkish currency. In a bid aimed at securing his political future, Erdogan is taking radical measures to curb price increases after accusing food sellers of excessively hiking food prices. …
Taiwan Concerns Mean China Defense Budget Likely to Defy Slowing Economy
26/02/2019
A slowing economy is unlikely to crimp China’s 2019 defense budget rise, as Beijing earmarks more spending for modernization and big-ticket items like stealth jets, and focuses on Taiwan after a stern new year’s speech from President Xi Jinping. The defense spending figure is closely watched worldwide for clues to China’s strategic intentions as it …
Taiwan Concerns Mean China Defense Budget Likely to Defy Slowing Economy
26/02/2019
A slowing economy is unlikely to crimp China’s 2019 defense budget rise, as Beijing earmarks more spending for modernization and big-ticket items like stealth jets, and focuses on Taiwan after a stern new year’s speech from President Xi Jinping. The defense spending figure is closely watched worldwide for clues to China’s strategic intentions as it …
Afghanistan Begins Exports To India Through Iranian Port
25/02/2019
Afghanistan has started shipping goods to India for the first time through a newly developed Iranian seaport in a bid to improve exports and reduce reliance on routes through its uneasy neighbor, Pakistan. Afghan President Ashraf Ghani traveled Sunday to the western border city of Zaranj to see off the inaugural convoy of 23 trucks …
US-China Trade Talks Extended as March Deadline Approaches
23/02/2019
The United States and China are discussing a meeting between their two leaders soon to finalize a trade agreement. To move things forward, the latest round of trade talks between senior officials is being extended into the weekend. As Nike Ching reports, experts say world’s two largest economies must bridge wide gaps as they seek …
US-China Trade Hopes Lift Stocks
23/02/2019
Stocks rose in major markets around the world Friday on bets of progress in trade talks between China and the United States, while crude futures hit their highest level in more than three months supported by ongoing supply cuts. U.S. President Donald Trump said Friday that there was a very good chance the United States would strike a deal with China …
Trump Administration Denying, Delaying More Foreign Skilled-worker Requests
23/02/2019
The Trump administration is denying and delaying more skilled-worker visa petitions than at any time since at least 2015, in keeping with its promise to increase scrutiny of foreign workers, according to data the government released on Friday. U.S. officials say they have made reforms that prioritize American workers, cut down on fraud and streamline …
Trump, Chinese Vice Premier to Talk Trade at White House
22/02/2019
U.S. President Donald Trump will meet with China’s vice premier at the White House Friday as part of an ongoing effort to defuse the trade dispute between the world’s two largest economies. Representatives from both countries have engaged in talks in Washington this week under a cloud of uncertainty created by Trump’s threat to more …
Kraft Heinz Announces $15.4 Billion Write-Down
22/02/2019
Analysts say a $15.4 billion write-down for food giant Kraft Heinz reflects changing consumer taste for fresh food products over processed ones. The company said Thursday the decrease in value of some of its major brands resulted in a net loss of $12.6 billion. Kraft Heinz also announced Thursday the Securities and Exchange Commission had …
Analysts: Insurance Can’t Offset Risks of Climate Change
22/02/2019
From homeowners facing higher flood insurance premiums to investors putting money into coal-fired power plants, financial risks related to climate change are growing, analysts say. But working out how a switch to lower-carbon train travel could affect an airline or what an insurance firm should do to weather more flood claims is neither clear nor simple, they say. Help may be …
Analysts: Venezuela’s Failed Socialist Policies Could Make Market Reforms Easier
20/02/2019
Oil-rich Venezuela’s near economic collapse may make it easier for U.S.-backed opposition leaders to reverse socialist policies instituted by late President Hugo Chavez, if they are able to oust his successor, Nicolas Maduro, according to analysts. “I do think at the very beginning, because the Venezuelan people have suffered so much there, they’re going to …