Category: Бізнес

Trump Team, Canada Officials Resume Talks to Revamp NAFTA

Trump administration officials and Canadian negotiators are resuming talks to try to keep Canada in a North American trade bloc with the United States and Mexico. “We are looking forward to constructive conversations today,” Canadian Foreign Affairs Minister Chrystia Freeland told reporters as she entered a meeting with U.S. Trade Rep. Robert Lighthizer. Last week, …

Continue Reading

Trump Team, Canada Officials Resume Talks to Revamp NAFTA

Trump administration officials and Canadian negotiators are resuming talks to try to keep Canada in a North American trade bloc with the United States and Mexico. “We are looking forward to constructive conversations today,” Canadian Foreign Affairs Minister Chrystia Freeland told reporters as she entered a meeting with U.S. Trade Rep. Robert Lighthizer. Last week, …

Continue Reading

East Africa Gets Easy Money Transfer System

An international money transfer company has launched an online service for East Africans to send and receive money more easily. Analysts say WorldRemit will lower the cost of transferring money and boost African trade and economies. Africa has become a thriving market for money transfer companies as its telecommunication facilities improve and its economies grow. …

Continue Reading

East Africa Gets Easy Money Transfer System

An international money transfer company has launched an online service for East Africans to send and receive money more easily. Analysts say WorldRemit will lower the cost of transferring money and boost African trade and economies. Africa has become a thriving market for money transfer companies as its telecommunication facilities improve and its economies grow. …

Continue Reading

Collapsing Emerging-Market Currencies Spark Concerns

First it was Argentina, quickly followed by Turkey. Now anxious investors and policy-makers are watching with alarm the plummeting currencies of several emerging-market economies, most of which have borrowed heavily in dollars. The nosediving currencies are prompting fears of a repeat of the 1997 Asian financial crash or the “Tequila Effect” of Mexico’s 1994 financial …

Continue Reading

Collapsing Emerging-Market Currencies Spark Concerns

First it was Argentina, quickly followed by Turkey. Now anxious investors and policy-makers are watching with alarm the plummeting currencies of several emerging-market economies, most of which have borrowed heavily in dollars. The nosediving currencies are prompting fears of a repeat of the 1997 Asian financial crash or the “Tequila Effect” of Mexico’s 1994 financial …

Continue Reading

Alaska Village Experiences Boom in Polar Bear Tourism 

A tiny Alaska Native village has experienced a boom in tourism in recent years as polar bears spend more time on land than on diminishing Arctic sea ice. More than 2,000 people visited the northern Alaska village of Kaktovik on the Beaufort Sea last year to see polar bears in the wild, Alaska’s Energy Desk …

Continue Reading

Alaska Village Experiences Boom in Polar Bear Tourism 

A tiny Alaska Native village has experienced a boom in tourism in recent years as polar bears spend more time on land than on diminishing Arctic sea ice. More than 2,000 people visited the northern Alaska village of Kaktovik on the Beaufort Sea last year to see polar bears in the wild, Alaska’s Energy Desk …

Continue Reading

Cars Now Cruising Down the Monthly Subscription Highway

If you already subscribe to digital services like Netflix to binge on TV shows and Spotify to groove to an endless mix of music, the auto industry might have a deal for you: Subscribe to your next car as well. Make that cars, plural. Some of these packages — which charge a monthly fee for …

Continue Reading

Cars Now Cruising Down the Monthly Subscription Highway

If you already subscribe to digital services like Netflix to binge on TV shows and Spotify to groove to an endless mix of music, the auto industry might have a deal for you: Subscribe to your next car as well. Make that cars, plural. Some of these packages — which charge a monthly fee for …

Continue Reading

US Factory Activity Hits 14-Year High; Supply Constraints Rising

U.S. manufacturing activity accelerated to more than a 14-year high in August, boosted by a surge in new orders, but increasing bottlenecks in the supply chain because of a robust economy and import tariffs could restrain further growth. The Institute for Supply Management (ISM) survey was at odds with another survey published on Tuesday that suggested a peak in manufacturing …

Continue Reading

US Factory Activity Hits 14-Year High; Supply Constraints Rising

U.S. manufacturing activity accelerated to more than a 14-year high in August, boosted by a surge in new orders, but increasing bottlenecks in the supply chain because of a robust economy and import tariffs could restrain further growth. The Institute for Supply Management (ISM) survey was at odds with another survey published on Tuesday that suggested a peak in manufacturing …

Continue Reading

Turkish Inflation Soars, Fueling Fears of Economic Crisis

Turkey saw the inflation rate rise to nearly 18 percent in August, a 15-year high fueled by a collapse in the Turkish lira, which fell more than 20 percent over the past few weeks. The rising inflation and a falling currency are stoking fears Turkey is on the verge of financial and economic crisis. “It’s …

Continue Reading

Turkish Inflation Soars, Fueling Fears of Economic Crisis

Turkey saw the inflation rate rise to nearly 18 percent in August, a 15-year high fueled by a collapse in the Turkish lira, which fell more than 20 percent over the past few weeks. The rising inflation and a falling currency are stoking fears Turkey is on the verge of financial and economic crisis. “It’s …

Continue Reading

Yemen to Give Civil Servants Raises; Protests Rage Against Economy

Yemen’s government says it is giving civil servants and pensioners pay raises, after protests against the country’s woeful economy nearly paralyzed a major port city Sunday. Officials have not said when the raises would take effect or how much they will be. Demonstrations against the economy in the port of Aden continued Monday. Many shops …

Continue Reading

Yemen to Give Civil Servants Raises; Protests Rage Against Economy

Yemen’s government says it is giving civil servants and pensioners pay raises, after protests against the country’s woeful economy nearly paralyzed a major port city Sunday. Officials have not said when the raises would take effect or how much they will be. Demonstrations against the economy in the port of Aden continued Monday. Many shops …

Continue Reading

Trump’s Pollution Rules Rollback to Hit Coal Country Hard

It’s coal people like miner Steve Knotts, 62, who make West Virginia Trump Country. So it was no surprise that President Donald Trump picked the state to announce his plan rolling back Obama-era pollution controls on coal-fired power plants. Trump left one thing out of his remarks, though: northern West Virginia coal country will be …

Continue Reading

Trump’s Pollution Rules Rollback to Hit Coal Country Hard

It’s coal people like miner Steve Knotts, 62, who make West Virginia Trump Country. So it was no surprise that President Donald Trump picked the state to announce his plan rolling back Obama-era pollution controls on coal-fired power plants. Trump left one thing out of his remarks, though: northern West Virginia coal country will be …

Continue Reading

IOM: Returning Nigerian Migrants Benefit from Business Training Skills

The International Organization for Migration reports more than 270 Nigerian migrants who recently returned from Libya have completed a skills training course to help them start their own businesses. Migrants attending this weeklong event in the Nigerian capital Lagos have shared stories of the business frustrations that drove them to try to go to Europe …

Continue Reading

IOM: Returning Nigerian Migrants Benefit from Business Training Skills

The International Organization for Migration reports more than 270 Nigerian migrants who recently returned from Libya have completed a skills training course to help them start their own businesses. Migrants attending this weeklong event in the Nigerian capital Lagos have shared stories of the business frustrations that drove them to try to go to Europe …

Continue Reading

Bankers Seek Consolation Prizes After Shelved Aramco IPO

Investment banks which lost out on big payouts for the work on the shelved listing of oil giant Aramco are lining up for a raft of other projects as Saudi Arabia pursues reforms. Banks including JPMorgan and Morgan Stanley worked for months to prepare what would have been the biggest ever stock market debut. But …

Continue Reading

Bankers Seek Consolation Prizes After Shelved Aramco IPO

Investment banks which lost out on big payouts for the work on the shelved listing of oil giant Aramco are lining up for a raft of other projects as Saudi Arabia pursues reforms. Banks including JPMorgan and Morgan Stanley worked for months to prepare what would have been the biggest ever stock market debut. But …

Continue Reading

Internship Aims to Create More Diversity in Hollywood Behind the Scenes

The film industry organization that presents the Academy Awards is also developing young talent through a program called Academy Gold — an internship and mentoring program for students and young professionals from communities currently underrepresented in Hollywood. Some of the participants are either immigrants or children of immigrants who are trying to create an unorthodox …

Continue Reading

Activists: Proposed Myanmar Highway ‘Ecological, Social Disaster’

Community and conservation groups in Myanmar have branded a planned highway linking a port project to Thailand an “ecological and social disaster,” saying it would uproot indigenous people from their homes and farms. Critics said an environmental and social impact assessment for the road project, approved by the Myanmar government in June, failed to adequately …

Continue Reading

Activists: Proposed Myanmar Highway ‘Ecological, Social Disaster’

Community and conservation groups in Myanmar have branded a planned highway linking a port project to Thailand an “ecological and social disaster,” saying it would uproot indigenous people from their homes and farms. Critics said an environmental and social impact assessment for the road project, approved by the Myanmar government in June, failed to adequately …

Continue Reading

US to Proceed With Mexico Trade Pact, Keep Talking to Canada

U.S. President Donald Trump notified Congress on Friday of his intent to sign a trade agreement with Mexico after talks with Canada broke up earlier in the day with no immediate deal to revamp the tri-nation North American Free Trade Agreement. U.S. Trade Representative Robert Lighthizer said U.S. officials would resume talks with their Canadian counterparts next Wednesday with the aim …

Continue Reading