Category: Бізнес
Business is Booming in Vietnam
09/10/2018
Foreign companies have been flocking to Vietnam. Earlier this year, one of the world’s biggest private equity firms Warburg Pincus added banking and logistics to its Vietnam portfolio, pushing its total investment into the country over the $1 billion mark. Auto players like JAC Motors of China, as well as Kamaz, the largest truck maker …
Business is Booming in Vietnam
09/10/2018
Foreign companies have been flocking to Vietnam. Earlier this year, one of the world’s biggest private equity firms Warburg Pincus added banking and logistics to its Vietnam portfolio, pushing its total investment into the country over the $1 billion mark. Auto players like JAC Motors of China, as well as Kamaz, the largest truck maker …
Mahathir: Malaysia May Introduce New Taxes, Sell Assets to Pay Debt
09/10/2018
Malaysia may introduce new taxes and sell assets such as land to pay down debt, Prime Minister Mahathir Mohamad said on Tuesday, as his administration struggles with liabilities of around 1 trillion ringgit ($240.67 billion). Mahathir, who unexpectedly won a general election in May, has blamed the previous administration of Najib Razak for taking the …
Mahathir: Malaysia May Introduce New Taxes, Sell Assets to Pay Debt
09/10/2018
Malaysia may introduce new taxes and sell assets such as land to pay down debt, Prime Minister Mahathir Mohamad said on Tuesday, as his administration struggles with liabilities of around 1 trillion ringgit ($240.67 billion). Mahathir, who unexpectedly won a general election in May, has blamed the previous administration of Najib Razak for taking the …
Netflix to Bring New US Production Hub to New Mexico
09/10/2018
Netflix has chosen New Mexico as the site of a new U.S. production hub and is in final negotiations to buy an existing multimillion-dollar studio complex on the edge of the state’s largest city, government and corporate leaders announced Monday. It’s the company’s first purchase of such a property, and upcoming production work in …
Netflix to Bring New US Production Hub to New Mexico
09/10/2018
Netflix has chosen New Mexico as the site of a new U.S. production hub and is in final negotiations to buy an existing multimillion-dollar studio complex on the edge of the state’s largest city, government and corporate leaders announced Monday. It’s the company’s first purchase of such a property, and upcoming production work in …
AA Aims to Avoid Putting Delayed Travelers on Other Airlines
08/10/2018
American Airlines is telling employees to think twice before rebooking stranded customers on rival airlines, and regular economy-class passengers are the most likely to suffer when there are long delays or canceled flights. A new policy at American directs airport agents not to rebook economy passengers on competing airlines — with no stated limit on …
AA Aims to Avoid Putting Delayed Travelers on Other Airlines
08/10/2018
American Airlines is telling employees to think twice before rebooking stranded customers on rival airlines, and regular economy-class passengers are the most likely to suffer when there are long delays or canceled flights. A new policy at American directs airport agents not to rebook economy passengers on competing airlines — with no stated limit on …
Nobel Economic Prize Awarded to 2 Americans
08/10/2018
The Royal Swedish Academy of Sciences has awarded this year’s Nobel Prize for economics to Yale University’s William Nordhaus and New York University’s Paul Romer. The Academy said Nordhaus and Romer “have designed methods for addressing some of our time’s most basic and pressing questions about how we create long-term sustained and sustainable economic growth.” …
Nobel Economic Prize Awarded to 2 Americans
08/10/2018
The Royal Swedish Academy of Sciences has awarded this year’s Nobel Prize for economics to Yale University’s William Nordhaus and New York University’s Paul Romer. The Academy said Nordhaus and Romer “have designed methods for addressing some of our time’s most basic and pressing questions about how we create long-term sustained and sustainable economic growth.” …
Study Reveals First Big look at Chinese Investment in Australia
08/10/2018
For the first time, researchers have been able to track the amount of Chinese investment in Australia. From the purchase of large cattle properties to residential real estate, the scope of Chinese money has led to fraught discussions about the scale of foreign influence in Australia. The results of the research may have some surprises …
Study Reveals First Big look at Chinese Investment in Australia
08/10/2018
For the first time, researchers have been able to track the amount of Chinese investment in Australia. From the purchase of large cattle properties to residential real estate, the scope of Chinese money has led to fraught discussions about the scale of foreign influence in Australia. The results of the research may have some surprises …
Final Tweaks in North American Trade Deal Keep Lid on E-commerce
06/10/2018
Last-minute changes to a new North American trade deal sank U.S. hopes of making Canada and Mexico allow higher-value shipments to the countries by online retailers, such as Amazon.com, a top Mexican official said on Friday. The revised pact was set to double the value of goods that could be imported without customs duties or …
Final Tweaks in North American Trade Deal Keep Lid on E-commerce
06/10/2018
Last-minute changes to a new North American trade deal sank U.S. hopes of making Canada and Mexico allow higher-value shipments to the countries by online retailers, such as Amazon.com, a top Mexican official said on Friday. The revised pact was set to double the value of goods that could be imported without customs duties or …
Putin Hopes Europe Will Resist US Pressure on Germany Pipeline
03/10/2018
Russian President Vladimir Putin on Wednesday strongly defended a prospective Russia-Germany natural gas pipeline as economically feasible and voiced hope that European Union nations will be able to resist U.S. pressure to thwart the project. U.S. officials have warned that Washington could impose sanctions on the undersea Nord Stream 2 pipeline. The U.S. and some …
Putin Hopes Europe Will Resist US Pressure on Germany Pipeline
03/10/2018
Russian President Vladimir Putin on Wednesday strongly defended a prospective Russia-Germany natural gas pipeline as economically feasible and voiced hope that European Union nations will be able to resist U.S. pressure to thwart the project. U.S. officials have warned that Washington could impose sanctions on the undersea Nord Stream 2 pipeline. The U.S. and some …
7-Year-Old Toy Reviewer on YouTube Becomes Toy Himself
03/10/2018
Seven-year-old Ryan drew millions of views reviewing toys on YouTube. Now, he’s become a toy himself. Walmart is selling action figures in his likeness, putty with his face on the packaging and other toys under the Ryan’s World brand. It’s a bet that kids, who are spending more time tapping tablets, will recognize Ryan from …
7-Year-Old Toy Reviewer on YouTube Becomes Toy Himself
03/10/2018
Seven-year-old Ryan drew millions of views reviewing toys on YouTube. Now, he’s become a toy himself. Walmart is selling action figures in his likeness, putty with his face on the packaging and other toys under the Ryan’s World brand. It’s a bet that kids, who are spending more time tapping tablets, will recognize Ryan from …
Trade Pact Clause Seen Deterring China Deal with Canada, Mexico
03/10/2018
China’s hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade agreement that aims to forbid such deals with “non-market” countries, trade experts said on Tuesday. The provision specifies that if one of the current North American Free Trade Agreement …
Trade Pact Clause Seen Deterring China Deal with Canada, Mexico
03/10/2018
China’s hopes of negotiating a free trade pact with Canada or Mexico were dealt a sharp setback by a provision deep in the new U.S.-Mexico-Canada trade agreement that aims to forbid such deals with “non-market” countries, trade experts said on Tuesday. The provision specifies that if one of the current North American Free Trade Agreement …
Mexican, Canadian Steel Lobbies Urge Fix to US Tariff Dispute
03/10/2018
Mexico and Canada on Tuesday urged their governments to resolve a tariff dispute with the United States before signing a new trilateral trade deal that was unveiled this week. In late May, the Trump administration announced tariffs of 25 percent on steel imports and 10 percent on aluminum imports, prompting quick retaliation from top trading …
Mexican, Canadian Steel Lobbies Urge Fix to US Tariff Dispute
03/10/2018
Mexico and Canada on Tuesday urged their governments to resolve a tariff dispute with the United States before signing a new trilateral trade deal that was unveiled this week. In late May, the Trump administration announced tariffs of 25 percent on steel imports and 10 percent on aluminum imports, prompting quick retaliation from top trading …
Disaster Undoes Hard-won Progress for Indonesian Port City
03/10/2018
Palu, the Indonesian city devastated by an earthquake, tsunamis and mudslides, has strived to transform itself into a major trading hub, but the city’s buildings and other infrastructure were no match for the triple whammy that has left more than 1,200 people dead. The disasters that struck late Friday left the city’s port in ruins, …
Disaster Undoes Hard-won Progress for Indonesian Port City
03/10/2018
Palu, the Indonesian city devastated by an earthquake, tsunamis and mudslides, has strived to transform itself into a major trading hub, but the city’s buildings and other infrastructure were no match for the triple whammy that has left more than 1,200 people dead. The disasters that struck late Friday left the city’s port in ruins, …
GE, Seeking Path Forward as a Century-old Company, Ousts CEO
02/10/2018
General Electric ousted its CEO, took a $23 billion charge and said it would fall short of profit forecasts this year, further signs that the century-old industrial conglomerate is struggling to turn around its vastly shrunken business. H. Lawrence Culp Jr. will take over immediately as chairman and CEO from John Flannery, who had …
GE, Seeking Path Forward as a Century-old Company, Ousts CEO
02/10/2018
General Electric ousted its CEO, took a $23 billion charge and said it would fall short of profit forecasts this year, further signs that the century-old industrial conglomerate is struggling to turn around its vastly shrunken business. H. Lawrence Culp Jr. will take over immediately as chairman and CEO from John Flannery, who had …