Category: Бізнес

Dutch Tulip Forecast: Brilliant, With a Chance of Tourists

As spring flower fields around the Netherlands burst into bloom, painting the countryside with dazzling swaths of red, white, and blue, a modern day tulip bubble may be forming: tourists. More than a million foreign sightseers are expected to visit this country of 17 million people on Easter weekend, a record, the Dutch Tourism Bureau …

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Tesla Shows Off Self-Driving Technology to Investors

Tesla broadcast a web presentation on Monday to update investors about its self-driving strategy as Chief Executive Elon Musk tries to show that the electric car maker’s massive investment in the sector will pay off. Global carmakers, large technology companies and an array of startups are developing self-driving — including Alphabet Inc’s Waymo and Uber …

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Tesla Shows Off Self-Driving Technology to Investors

Tesla broadcast a web presentation on Monday to update investors about its self-driving strategy as Chief Executive Elon Musk tries to show that the electric car maker’s massive investment in the sector will pay off. Global carmakers, large technology companies and an array of startups are developing self-driving — including Alphabet Inc’s Waymo and Uber …

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Food Stamps, Online Grocery Shopping Are About to Mix 

Amazon and Walmart on Thursday kicked off a two-year government pilot program allowing low-income shoppers on government food assistance in New York to shop and pay for their groceries online for the first time.    ShopRite will join the two retailers on the program early next week, said the U.S. Department of Agriculture, which oversees …

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Food Stamps, Online Grocery Shopping Are About to Mix 

Amazon and Walmart on Thursday kicked off a two-year government pilot program allowing low-income shoppers on government food assistance in New York to shop and pay for their groceries online for the first time.    ShopRite will join the two retailers on the program early next week, said the U.S. Department of Agriculture, which oversees …

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National Enquirer Being Sold to Former Newsstand Mogul 

The National Enquirer is being sold to the former head of the airport newsstand company Hudson News following a rocky year in which the tabloid was accused of burying stories that could have hurt Donald Trump’s 2016 presidential campaign.    Tabloid owner American Media said Thursday that it plans to sell the supermarket weekly to …

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National Enquirer Being Sold to Former Newsstand Mogul 

The National Enquirer is being sold to the former head of the airport newsstand company Hudson News following a rocky year in which the tabloid was accused of burying stories that could have hurt Donald Trump’s 2016 presidential campaign.    Tabloid owner American Media said Thursday that it plans to sell the supermarket weekly to …

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Slight US Boost Seen From New North American Trade Pact

The new North American free trade pact would modestly boost the U.S. economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the  U.S. International Trade Commission showed on Thursday.  The ITC report is a crucial step in the push for Congress to consider ratification of the U.S.-Mexico-Canada …

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Slight US Boost Seen From New North American Trade Pact

The new North American free trade pact would modestly boost the U.S. economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the  U.S. International Trade Commission showed on Thursday.  The ITC report is a crucial step in the push for Congress to consider ratification of the U.S.-Mexico-Canada …

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Pakistan’s Finance Minister Resigns Amid Economic Crisis

Pakistan Finance Minister Asad Umar has resigned days after returning home from crucial talks with the International Monetary Fund (IMF) on a financial bailout package to avert a national balance of payments crisis. While formally announcing his decision to leave Thursday at a hurriedly arranged news conference in Islamabad, Umar explained that he was asked …

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Pakistan’s Finance Minister Resigns Amid Economic Crisis

Pakistan Finance Minister Asad Umar has resigned days after returning home from crucial talks with the International Monetary Fund (IMF) on a financial bailout package to avert a national balance of payments crisis. While formally announcing his decision to leave Thursday at a hurriedly arranged news conference in Islamabad, Umar explained that he was asked …

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Zimbabwe’s White Farmers Hopeful After Promise of Compensation

In Zimbabwe, white farmers whose land was taken by the government are cautiously hopeful about a promise from President Emmerson Mnangagwa to give them at least partial repayment. The promise came a few days before Zimbabwe celebrates 39 years of independence. On Sunday, state media quoted President Mnangagwa promising partial compensation for white commercial farmers …

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Zimbabwe’s White Farmers Hopeful After Promise of Compensation

In Zimbabwe, white farmers whose land was taken by the government are cautiously hopeful about a promise from President Emmerson Mnangagwa to give them at least partial repayment. The promise came a few days before Zimbabwe celebrates 39 years of independence. On Sunday, state media quoted President Mnangagwa promising partial compensation for white commercial farmers …

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Palestinian PM Accuses US of ‘Financial War’

The new Palestinian prime minister on Tuesday accused the United States of declaring “financial war” on his people and said an American peace plan purported to be in the works will be “born dead.”   In his first interview with the international media since taking office over the weekend, Mohammad Shtayyeh laid out plans to …

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Palestinian PM Accuses US of ‘Financial War’

The new Palestinian prime minister on Tuesday accused the United States of declaring “financial war” on his people and said an American peace plan purported to be in the works will be “born dead.”   In his first interview with the international media since taking office over the weekend, Mohammad Shtayyeh laid out plans to …

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Brazil Announces Financial Package to Avoid Truckers’ Strike

The government of Brazilian President Jair Bolsonaro announced Tuesday a financial package aimed at staving off a potential truckers’ strike.   Chief of Staff Onyx Lorenzoni said the Brazilian Development Bank will be providing $128 million in credit to truckers and that the Ministry of Infrastructure will spend $514 million on improving roads.   The …

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Electric Car Makers Woo Chinese Buyers with Range, Features

Automakers are showcasing electric SUVs and sedans with more driving range and luxury features at the Shanghai auto show, trying to appeal to Chinese buyers in their biggest market as Beijing slashes subsidies that have propelled demand.  Communist leaders wanting China to lead in electric vehicles have imposed sales targets. That requires brands to pour …

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Electric Car Makers Woo Chinese Buyers with Range, Features

Automakers are showcasing electric SUVs and sedans with more driving range and luxury features at the Shanghai auto show, trying to appeal to Chinese buyers in their biggest market as Beijing slashes subsidies that have propelled demand.  Communist leaders wanting China to lead in electric vehicles have imposed sales targets. That requires brands to pour …

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Heritage Site or Home? Indigenous Thais Fight for Right to Forest

Hundreds of indigenous Karen people in Thailand face evictions from a national park that authorities wish to turn into a World Heritage Site, joining millions in a similarly precarious situation as authorities worldwide push tough conservation laws. The Kaeng Krachan is Thailand’s biggest national park, sprawled over more than 2,900 square kilometers (1,120 square miles) …

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Heritage Site or Home? Indigenous Thais Fight for Right to Forest

Hundreds of indigenous Karen people in Thailand face evictions from a national park that authorities wish to turn into a World Heritage Site, joining millions in a similarly precarious situation as authorities worldwide push tough conservation laws. The Kaeng Krachan is Thailand’s biggest national park, sprawled over more than 2,900 square kilometers (1,120 square miles) …

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Mexican President Says to Return ‘Stolen’ Wealth to the People

Mexican President Andres Manuel Lopez Obrador said on Monday he will create a “Robin Hood” institute to return to the people the ill-gotten wealth seized from corrupt politicians and gangsters. His administration is drawing up a bill to create an independent “Robin Hood” institute “against the corrupt” that would put confiscated goods such as real …

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Mexican President Says to Return ‘Stolen’ Wealth to the People

Mexican President Andres Manuel Lopez Obrador said on Monday he will create a “Robin Hood” institute to return to the people the ill-gotten wealth seized from corrupt politicians and gangsters. His administration is drawing up a bill to create an independent “Robin Hood” institute “against the corrupt” that would put confiscated goods such as real …

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Ivanka Trump In Africa For Women’s Economic Summit

Ivanka Trump arrived in Addis Ababa, the capital of Ethiopia, Sunday for a summit on African women’s economic inclusion and empowerment. In addition to attending the summit, the daughter of the U.S. president, who is also an advisor to her father, will meet with female workers in the coffee industry, and tour a female-run textile …

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Why Cryptocurrency Is Gaining in Philippines Despite 2018 Bitcoin Crash

Cryptocurrency exchanges are growing in the Philippines, despite a downturn last year in the value of the virtual currencies, due to growing popular demand and lenience among regulators. Authorities in the developing Southeast Asian country have permitted at least 29 exchanges of cryptocurrency following three that the central bank said it approved this week, according …

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Why Cryptocurrency Is Gaining in Philippines Despite 2018 Bitcoin Crash

Cryptocurrency exchanges are growing in the Philippines, despite a downturn last year in the value of the virtual currencies, due to growing popular demand and lenience among regulators. Authorities in the developing Southeast Asian country have permitted at least 29 exchanges of cryptocurrency following three that the central bank said it approved this week, according …

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Malaysia Pulls About-Face Ahead of China’s Belt and Road Forum

In a twist, China has announced that it has persuaded Malaysia to resume a canceled rail project worth $10.7 billion. The sudden about-face by Kuala Lumpur, which had earlier rejected the Chinese-funded project, will be a big boost for China ahead of a Belt and Road Forum in Beijing later this month, say analysts. China …

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