Category: Бізнес
US Adds Just 20K Jobs; Unemployment Dips
08/03/2019
Hiring tumbled in February, with U.S. employers adding just 20,000 jobs, the smallest monthly gain in nearly a year and a half. The slowdown in hiring, though, might have been depressed by harsh winter weather and the partial shutdown of the government. Last month’s weak gain came after employers had added a blockbuster 311,000 jobs …
Trump: China Trade Deal Must Be ‘Very Good,’ or No Deal
08/03/2019
U.S. President Donald Trump says he will not sign a trade deal with China unless it is a “very good deal.” Trump made the comments Friday as he left the White House to tour tornado damage in the southern U.S. state of Alabama. The United States and China have been battling over trade tariffs since …
Longest Bull Market Looks to Keep Going
08/03/2019
Wall Street has rewarded its most patient investors handsomely over the past 10 years. Is there more to come? The S&P 500, the U.S. market’s benchmark index, has gained about 309 percent since bottoming out at 676.53 points in March 2009 during the Great Recession, according to FactSet. The index is now 5.4 percent below …
IMF Comments on ‘Complex’ Venezuela Situation
08/03/2019
The International Monetary Fund on Thursday called Venezuela one of the most “complex situations” it had ever seen. IMF spokesman Gerry Rice described Venezuela and its economy as a combination of “food and nutrition crises, hyperinflation, a destabilized exchange rate, debilitating human capital and physical productive capacity, and a very complicated debt situation.” …
China’s Huawei Sues US Government Over Ban
07/03/2019
Chinese tech giant Huawei has sued the U.S. government, arguing that legislation Congress passed last year restricting its business in the United States is “unconstitutional.” The case, which analysts see more as a public relations move, is the latest in an intensifying effort by the telecommunications company to fight U.S. security concerns that Huawei argues …
Gas Scarcity Could Turn Venezuela’s Crisis to Catastrophe
06/03/2019
Marin Mendez leaned a shoulder into his rusty Chevy Malibu rolling it forward each time the line of cars inched closer to the pump. Waiting hours to fill up, he says, is the high cost he pays for gasoline that’s nearly free in socialist Venezuela. “You line up to get your pension, line up to …
Gas Scarcity Could Turn Venezuela’s Crisis to Catastrophe
06/03/2019
Marin Mendez leaned a shoulder into his rusty Chevy Malibu rolling it forward each time the line of cars inched closer to the pump. Waiting hours to fill up, he says, is the high cost he pays for gasoline that’s nearly free in socialist Venezuela. “You line up to get your pension, line up to …
US Chef Mario Batali Cuts Ties with Restaurants After Abuse Accusation
06/03/2019
Celebrity chef Mario Batali on Wednesday said he had cut ties with his U.S. restaurants after being accused of sexual harassment by multiple women. Batali has sold his shares in the 16-restaurant operation, including Babbo and Del Posto in New York, to former partners Tanya Bastianich Manuali and her brother, Joe Bastianich, he said. “I …
US Chef Mario Batali Cuts Ties with Restaurants After Abuse Accusation
06/03/2019
Celebrity chef Mario Batali on Wednesday said he had cut ties with his U.S. restaurants after being accused of sexual harassment by multiple women. Batali has sold his shares in the 16-restaurant operation, including Babbo and Del Posto in New York, to former partners Tanya Bastianich Manuali and her brother, Joe Bastianich, he said. “I …
Hands Off! Kenyan Slum Dwellers Unite to Protect City Dam
06/03/2019
It is Friday morning, and the southeastern fringe of Kibera slum comes alive as teams of women and youngsters converge on the edge of the Nairobi dam. There, on its northern perimeter, some rake and pile garbage for collection while others plant saplings on cleared terrain. Known as riparian land, the area they are planting …
UN Again Defers Report on Companies With Israeli Settlement Ties
06/03/2019
Publication of a U.N. database of companies with business ties to Israeli settlements in the occupied West Bank has been delayed again, drawing the ire of activists who have campaigned for three years. The issue is highly sensitive as companies appearing in such a database could be targeted for boycotts or divestment aimed at stepping …
Reality Star Kylie Jenner Is World’s Youngest Billionaire
05/03/2019
Kylie Jenner on Tuesday was named the youngest self-made billionaire of all time by Forbes magazine, thanks to the booming cosmetics company she founded three years ago. Jenner, 21, the half-sister of reality television stars Kim, Khloe and Kourtney Kardashian, made it onto the annual Forbes list of billionaires after debuting her Kylie Cosmetics online …
‘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. …