Category: Бізнес

Equal Pay Day Highlights Gender Compensation Gap

Days after the U.S. House of Representatives passed the latest version of a bill focused on ensuring protections against pay discrimination on the basis of a person’s sex, Tuesday marks the symbolic Equal Pay Day highlighting the pay gap that exists between working men and women. The date is meant to show the disparity by …

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Equal Pay Day Highlights Gender Compensation Gap

Days after the U.S. House of Representatives passed the latest version of a bill focused on ensuring protections against pay discrimination on the basis of a person’s sex, Tuesday marks the symbolic Equal Pay Day highlighting the pay gap that exists between working men and women. The date is meant to show the disparity by …

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Bait Crisis Could Take the Steam Out of Lobster This Summer

The boom times for the U.S. lobster industry are imperiled this year because of a shortage of a little fish that has been luring the crustaceans into traps for hundreds of years. Members of the lobster business fear a looming bait crisis could disrupt the industry during a time when lobsters are as plentiful, valuable …

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Bait Crisis Could Take the Steam Out of Lobster This Summer

The boom times for the U.S. lobster industry are imperiled this year because of a shortage of a little fish that has been luring the crustaceans into traps for hundreds of years. Members of the lobster business fear a looming bait crisis could disrupt the industry during a time when lobsters are as plentiful, valuable …

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World Turns Off Lights for Earth Hour 

The Eiffel Tower, the Empire State Building, the Sydney Opera House, the Brandenburg Gate, the Acropolis and many more iconic landmarks went dark at 8:30 p.m. local time, Saturday night, for Earth Hour, an annual call for local action on climate change. Earth Hour is the brain child of the World Wildlife Fund. “By going …

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Lyft Shares Soar on Nasdaq Debut After IPO

Lyft Inc shares on Friday opened up 21.2 percent at $87.24 in its market debut on the Nasdaq after the company was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup. On Thursday, Lyft said it priced 32.5 million shares, slightly more that it was offering originally, at $72, …

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Bipartisan Support Seen for a US-Taiwan Free-trade Deal 

Influential figures in Washington are calling for the establishment of a bilateral free-trade agreement with Taiwan, even as U.S. and Chinese officials move toward a resolution of their long-running trade dispute.    “We have a lot of issues with Beijing, and a lot of opportunities with Taiwan,” said Edwin J. Feulner in an interview with …

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Tossing Coins on Brexit: 2nd Referendum, General Election?

Britons desperately wanting some clarity in the country’s interminable Brexit saga were disappointed Wednesday when lawmakers plunged the country’s proposed exit from the European Union, after half-a-century of membership, into further disarray, failing to find a majority for any way forward after a series of so-called indicative votes. The hope had been a majority might …

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Iceland’s WOW Air budget Carrier Collapses, Cancels all Flights

Iceland’s budget carrier WOW Air said it had ceased operations and cancelled all flights on Thursday, potentially stranding thousands of passengers. The collapse of the troubled airline, which transports more than a third of those traveling to Iceland, comes after buyout talks with rival Icelandair collapsed earlier this week. “All WOW Air flights have been …

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One in Three Fear Losing Homes in West and Central Africa, Poll Finds

Nearly one in three people living in West and Central Africa fear losing their homes and land in the next five years, according to a survey of 33 countries, making it the region where people feel most insecure about their property. More than two in five respondents from Burkina Faso and Liberia worry their home …

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One in Three Fear Losing Homes in West and Central Africa, Poll Finds

Nearly one in three people living in West and Central Africa fear losing their homes and land in the next five years, according to a survey of 33 countries, making it the region where people feel most insecure about their property. More than two in five respondents from Burkina Faso and Liberia worry their home …

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Land Lost, Families Uprooted as Myanmar Pushes Industrial Zones

Than Ei lived in the Thilawa area near Yangon for years, growing vegetables in her backyard and sending her two children to school with money from her husband’s construction job. Then came the government order to move. Than Ei’s family was among 68 households relocated in 2013 to make way for the Thilawa Special Economic …

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Land Lost, Families Uprooted as Myanmar Pushes Industrial Zones

Than Ei lived in the Thilawa area near Yangon for years, growing vegetables in her backyard and sending her two children to school with money from her husband’s construction job. Then came the government order to move. Than Ei’s family was among 68 households relocated in 2013 to make way for the Thilawa Special Economic …

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Hong Kong Ex-Official Patrick Ho Jailed 3 Years for Bribery

Hong Kong’s former home affairs secretary Patrick Ho Chi Ping was jailed for three years Monday for a scheme to bribe African officials to boost a top Chinese energy company that was part of Beijing’s global Belt and Road initiative. Ho, 69, who worked for the controversial energy conglomerate CEFC China Energy, was sentenced by …

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Hong Kong Ex-Official Patrick Ho Jailed 3 Years for Bribery

Hong Kong’s former home affairs secretary Patrick Ho Chi Ping was jailed for three years Monday for a scheme to bribe African officials to boost a top Chinese energy company that was part of Beijing’s global Belt and Road initiative. Ho, 69, who worked for the controversial energy conglomerate CEFC China Energy, was sentenced by …

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Airbus Wins China Order for 300 Jets as Xi Visits France

Airbus signed a deal worth tens of billions of dollars on Monday to sell 300 aircraft to China as part of a trade package coinciding with a visit to Europe by Chinese President Xi Jinping and matching a China record held by rival Boeing. The deal between Airbus and China’s state buying agency, China Aviation …

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Chairman of India’s Ailing Jet Airways Resigns

The chairman of India’s private Jet Airways has quit amid mounting financial woes which have forced it to suspend 14 international routes and ground more than 80 planes. A statement by the airline says its board on Monday accepted the resignations of Chairman Naresh Goyal, his wife and a nominee of Gulf carrier Etihad Airways …

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Malaysian Leader in Pakistan to Sign $900M in Investment Deals 

Malaysian Prime Minister Mahathir Mohamad arrived Thursday in Pakistan on an official three-day visit, where his high-powered delegation is expected to finalize investment deals worth nearly $900 million, officials said.    The Malaysian leader will also be the chief guest at the Pakistan Day military parade Saturday, the Foreign Ministry announced.    Pakistani Prime Minister Imran Khan’s …

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Federal Reserve Foresees No Interest Rate Hikes in 2019

The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes in 2019, dramatically underscoring its plan to be “patient” about any further increases. The Fed said it was keeping its benchmark rate — which can influence everything from mortgages to credit cards to home equity lines of credit — in …

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Federal Reserve Foresees No Interest Rate Hikes in 2019

The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes in 2019, dramatically underscoring its plan to be “patient” about any further increases. The Fed said it was keeping its benchmark rate — which can influence everything from mortgages to credit cards to home equity lines of credit — in …

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Even With Trade Deal, US Tariffs on China Could Remain

U.S. tariffs on China are likely to remain in place for a while, even if a trade deal is reached, President Donald Trump told reporters Wednesday.    “The deal is coming along nicely,” the president said about the trade talks with Beijing, noting U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin would be heading to …

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Even With Trade Deal, US Tariffs on China Could Remain

U.S. tariffs on China are likely to remain in place for a while, even if a trade deal is reached, President Donald Trump told reporters Wednesday.    “The deal is coming along nicely,” the president said about the trade talks with Beijing, noting U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin would be heading to …

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BMW Warns Profits Will Fall Due to Costs, Trade Uncertainty

German automaker BMW said Wednesday that profits in 2019 would be “well below” last year’s and that it planned to cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be eroded by higher raw materials prices, the costs of compliance …

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BMW Warns Profits Will Fall Due to Costs, Trade Uncertainty

German automaker BMW said Wednesday that profits in 2019 would be “well below” last year’s and that it planned to cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be eroded by higher raw materials prices, the costs of compliance …

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Warner Bros.’ Chief Tsujihara Steps Down Following Scandal

Warner Bros. chief Kevin Tsujihara, one of the highest ranking Hollywood executives to be felled by sexual misconduct allegations, stepped down from the studio Monday following claims that he promised roles to an actress with whom he was having an affair. WarnerMedia chief executive John Stankey announced Tsujihara’s exit as chairman and chief executive of …

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AP Source: Justice Dept. Probing Development of Boeing Jets

U.S. prosecutors are looking into the development of Boeing’s 737 Max jets, a person briefed on the matter revealed Monday, the same day French aviation investigators concluded there were “clear similarities” in the crash of an Ethiopian Airlines Max 8 last week and a Lion Air jet in October.   The Justice Department probe will …

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