Category: Бізнес

U.N. Secretary-General Antonio Guterres is warning the world is “in deep trouble with climate change.” Speaking Monday at the opening of two weeks of climate talks in Poland, Guterres said it is “the most important gathering on climate change since the Paris Agreement was signed.” He called on the nearly 200 countries represented in Katowice, …

Nigeria’s unemployment numbers jumped by nearly 30% this year to 16 million, according to a November report by the National Bureau of Statistics. Another two million are expected to be unemployed by the end of the year. The negative trend comes as Nigeria this year overtook India as having the world’s largest population of people …

The data stolen from the Marriott hotel empire in a massive breach is so rich and specific it could be used for espionage, identity theft, reputation attacks and even home burglaries, security experts say. Hackers stole data on as many as 500 million guests of former Starwood chain properties over four years including credit card and …

A U.S. judge in California has granted preliminary approval of a $48 million settlement for investors who said Volkswagen AG made false and misleading statements about its excess diesel emissions.  Lawyers for the investors, who include police and other municipal pension funds, had estimated that the maximum they could have recovered was $147 million. But Judge Charles Breyer said the settlement …

Microsoft’s big bet on cloud computing is paying off as the company has surpassed Apple as the world’s most valuable publicly traded company.    The software maker’s prospects looked bleak just a few years ago, as licenses for the company’s Windows system fell with a sharp drop in sales of personal computers.    But under …

U.S. President Donald Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto have signed the new U.S. Mexico Canada Agreement, a deal designed to replace the North American Free Trade Agreement. White House Correspondent Patsy Widakuswara reports. …

During Andres Manuel Lopez Obrador’s successful campaign for the Mexican presidency, his advisers met representatives of dozens of investment funds to allay fears about the leftist’s plans, saying he prized economic stability and wanted to attract foreign capital. Initially, it worked. When Lopez Obrador won office by a landslide on July 1, the peso and …

It may be the world’s sixth largest, but most other things about India’s economy are up for debate. The ruling Bharatiya Janata Party (BJP) is under fire for the release of new historical GDP figures that significantly downgraded growth during the years the opposition Congress party was in power, replacing old government estimates and those …

The leaders of the United States, Mexico and Canada have signed a new North American trade deal, underpinning $1.2 trillion in annual commerce among the three countries.    President Trump is calling the signing of the U.S.-Mexico-Canada Agreement (USMCA), following 15 months of frequently acrimonious negotiations, a “very historic day” for a “truly groundbreaking achievement.”  …

Police raided six Deutsche Bank offices in and around Frankfurt on Thursday over money laundering allegations linked to the “Panama Papers”, the public prosecutor’s office in Germany’s financial capital said. Investigators are looking into the activities of two unnamed Deutsche Bank employees alleged to have helped clients set up offshore firms to launder money, the …

This is part of “Ocean Shock,” a Reuters series exploring climate change’s impact on sea creatures and the people who depend on them. Norway has built the world’s biggest salmon-farming industry. But it wants to go bigger. With their lucrative oil fields now in decline, Norwegians have ambitious plans for aquaculture to power their economy …

President Donald Trump and China’s leader Xi Jinping will meet to discuss trade issues on the sidelines of the G20 Summit in Buenos Aires this week. The head of the U.S. National Economic Council says there’s a good possibility a deal can be achieved to cool down the ongoing U.S.– Sino trade war, but warns …

U.S. President Donald Trump on Tuesday kept up his criticism of Federal Reserve Chairman Jerome Powell, saying rising interest rates and other Fed policies were damaging the U.S. economy, the Washington Post said. “So far, I’m not even a little bit happy with my selection of Jay,” the Post quoted Trump as saying in an …

British and Dutch regulators have fined ride-hailing company Uber $1.2 million for what it said were inadequate security measures that left personal data at risk for a cyber attack. The fines are linked to a 2016 hack of Uber data that allowed attackers to download information about 32 million users, including 2.7 million accounts in …

Fishing communities along Africa’s coastline are at a greater risk of extinction as countries eye oceans for tourism, industrial fishing and exploration revenue to jumpstart their “blue economies,” U.N. experts and activists said on Monday. The continent’s 38 coastal and island states have in recent years moved to tap ocean resources through commercial fishing, marine …

Marine fisheries are one of the few economic activities present everywhere along the Kenyan coast – mostly using artisanal fishing methods in which non-motorized boats stay close to shore. In the coastal town of Malindi, thousands of households that depend on the fisheries resources face uncertainty over the sustainability of the industry. Rael Ombuor reports …

U.S. President Donald Trump said on Monday the agreement allowing the United Kingdom to leave the European Union may make trade between Washington and London more difficult, but the UK prime minister’s office disputed his interpretation. Trump told reporters outside the White House that the deal sounded like it would be good for the European …

Both U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau are expressing disappointment with General Motors’ announcement it is slashing 15 percent of its salaried workforce and halting production at five facilities across North America, “We don’t like it,” Trump said. “I believe they will be opening up something else (in the state of …

This is part of “Ocean Shock,” a Reuters series exploring climate change’s impact on sea creatures and the people who depend on them. Greyhound Bay was once a place where old ships came to die. A wild stretch of coast on the western edge of the Sahara, its shallows made a convenient, if desolate, spot …

It took Britain’s Theresa May and 27 other European Union leaders just 40 minutes to sign the Brexit deal after two years of tortuous negotiations, but the trials and tribulations of Britain’s withdrawal agreement approved Sunday in Brussels are far from over. As they endorsed the 585-page the agreement, and a 26-page accompanying political declaration …

U.S. stocks closed lower after a shortened session Friday, bumping the benchmark S&P 500 index into a correction, or drop of 10 percent below its most recent all-time high in September.    Energy companies led the market slide as the price of U.S. crude oil tumbled to its lowest level in more than a year, …

It would have been easy to turn on their computers at home over plates of leftover turkey and take advantage of the Black Friday deals most retailers now offer online.      But across the country, thousands of shoppers flocked to stores on Thanksgiving or woke up before dawn the next day to take part in …

China will go along with changes meant to update global trade rules so long as they protect Beijing’s status as a developing country, a Cabinet official said Friday. The deputy commerce minister, Wang Shouwen, said any changes also must address protectionism and abuse of export controls and security reviews — a reference to Beijing’s trade …

Zimbabwe’s finance minister has unveiled the country’s 2019 budget. Mthuli Ncube says the plan should help restore the economy of the southern African nation after years of recession. “Madam Speaker, ma’am, in conclusion, this budget should mark a turning point towards realizing the country’s vision 2030, as austerity will lead us to prosperity,” Ncube said. …

Once-admired auto executive Carlos Ghosn’s fall from grace deepened Thursday when directors of Nissan Motor Co. voted unanimously to fire the recently jailed businessman from his post as board chairman. Dismissed along with Ghosn was another director, Greg Kelly, whom the board accused of working with Ghosn to understate their incomes on formal declarations and …

Lebanon is marking 75 years of independence with a military parade Thursday in Beirut, but many anxious Lebanese feel they have little to celebrate: the country’s corruption-plagued economy is dangerously close to collapse and political bickering over shares in a new Cabinet is threatening to scuttle pledges worth $11 billion by international donors. The World …