Category: Бізнес

Vienna has dislodged Melbourne for the first time at the top of the Economist Intelligence Unit’s Global Liveability Index, strengthening the Austrian capital’s claim to being the world’s most pleasant city to live in. The two metropolises have been neck and neck in the annual survey of 140 urban centers for years, with Melbourne clinching …

Venezuela’s heavily subsidized domestic gasoline prices should rise to international levels to avoid billions of dollars in annual losses due to fuel smuggling, President Nicolas Maduro said in a televised address on Monday. “Gasoline must be sold at an international price to stop smuggling to Colombia and the Caribbean,” Maduro said in a televised address. …

Venezuela’s heavily subsidized domestic gasoline prices should rise to international levels to avoid billions of dollars in annual losses due to fuel smuggling, President Nicolas Maduro said in a televised address on Monday. “Gasoline must be sold at an international price to stop smuggling to Colombia and the Caribbean,” Maduro said in a televised address. …

Mexican President-elect Andres Manuel Lopez Obrador said on Monday his administration will invest more than $11 billion to boost refining capacity in order to curb growing fuel imports. Lopez Obrador, who will take office on Dec. 1, told reporters his government plans to invest $2.6 billion to modernize existing domestic refineries owned and operated by …

Mexican President-elect Andres Manuel Lopez Obrador said on Monday his administration will invest more than $11 billion to boost refining capacity in order to curb growing fuel imports. Lopez Obrador, who will take office on Dec. 1, told reporters his government plans to invest $2.6 billion to modernize existing domestic refineries owned and operated by …

Iranian Supreme Leader Ayatollah Ali Khamenei said Monday government mismanagement has hurt Iran’s economy more than U.S. sanctions. U.S. President Donald Trump last week reimposed a set of sanctions that had been lifted as part of the 2015 nuclear deal Iran struck with world powers to limit the country’s nuclear program in exchange for relief …

Iranian Supreme Leader Ayatollah Ali Khamenei said Monday government mismanagement has hurt Iran’s economy more than U.S. sanctions. U.S. President Donald Trump last week reimposed a set of sanctions that had been lifted as part of the 2015 nuclear deal Iran struck with world powers to limit the country’s nuclear program in exchange for relief …

Asian and European markets were rattled by the Turkish lira’s record low of 7.24 to the dollar overnight. The markets began to recover Monday, however, when Turkey’s Central Bank said it was ready to take “all necessary measures” to help Turkish banks manage their liquidity. The bank’s announcement followed the finance minister’s disclosure that Turkey …

Asian and European markets were rattled by the Turkish lira’s record low of 7.24 to the dollar overnight. The markets began to recover Monday, however, when Turkey’s Central Bank said it was ready to take “all necessary measures” to help Turkish banks manage their liquidity. The bank’s announcement followed the finance minister’s disclosure that Turkey …

American businesses have long been preparing for a cashless economy as the use of credit and debit cards, instead of cash, become more widespread. But the move towards a cashless economy may have hit a snag in the nation’s capital. Some Washington DC council members say the cashless trend has gone too far. And if …

American businesses have long been preparing for a cashless economy as the use of credit and debit cards, instead of cash, become more widespread. But the move towards a cashless economy may have hit a snag in the nation’s capital. Some Washington DC council members say the cashless trend has gone too far. And if …

Iran’s official IRNA news agency is reporting that China’s state-owned petroleum corporation has taken a majority share of the country’s South Pars gas project after French oil and gas company Total announced it would pull out because renewed U.S. economic sanctions against Iran. The Saturday report quotes Mohammad Mostafavi, an official in Iran’s state oil …

Iran’s official IRNA news agency is reporting that China’s state-owned petroleum corporation has taken a majority share of the country’s South Pars gas project after French oil and gas company Total announced it would pull out because renewed U.S. economic sanctions against Iran. The Saturday report quotes Mohammad Mostafavi, an official in Iran’s state oil …

France deems unacceptable a European Commission proposal to exclude French ports from a rerouting of a strategic trade corridor between Ireland and mainland Europe after Brexit, the government said. At the moment much of Ireland’s trade with the continent goes via Britain in trucks. However, with less than eight months to go until Britain leaves the European Union, there is …

France deems unacceptable a European Commission proposal to exclude French ports from a rerouting of a strategic trade corridor between Ireland and mainland Europe after Brexit, the government said. At the moment much of Ireland’s trade with the continent goes via Britain in trucks. However, with less than eight months to go until Britain leaves the European Union, there is …

New York City’s iconic but imperiled yellow cab industry may be getting help from lawmakers who want to pump the brakes on fast-expanding ride-hailing services like Uber and Lyft. In what would be a first-in-the-nation step if passed, the City Council on Wednesday is set to vote on proposals that would cap new licenses for …

New York City’s iconic but imperiled yellow cab industry may be getting help from lawmakers who want to pump the brakes on fast-expanding ride-hailing services like Uber and Lyft. In what would be a first-in-the-nation step if passed, the City Council on Wednesday is set to vote on proposals that would cap new licenses for …

Venezuela’s state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports by transferring oil between tankers at sea and loading vessels in neighboring Cuba to avoid asset seizures. But the OPEC member nation is still fulfilling less than 60 percent of its obligations under supply deals with customers. Venezuela has …

Venezuela’s state-run oil company PDVSA has limited the damage from an unprecedented slump in crude exports by transferring oil between tankers at sea and loading vessels in neighboring Cuba to avoid asset seizures. But the OPEC member nation is still fulfilling less than 60 percent of its obligations under supply deals with customers. Venezuela has …

Already threatened by escalating U.S. taxes on its goods, China is about to find it much harder to invest in U.S. companies or to buy American technology in such cutting-edge areas as robotics, artificial intelligence and virtual reality. President Donald Trump is expected as early as this week to sign legislation to tighten the U.S. …

Already threatened by escalating U.S. taxes on its goods, China is about to find it much harder to invest in U.S. companies or to buy American technology in such cutting-edge areas as robotics, artificial intelligence and virtual reality. President Donald Trump is expected as early as this week to sign legislation to tighten the U.S. …

The baobab tree dots the dry African savannah from Senegal to Madagascar. It yields a fruit that’s been described as a superfood popular in the United States and Europe. With an increasing global appeal, local farmers say business is booming… but some worry that worldwide sales of the crop are not sustainable. Arash Arabasadi reports. …

The baobab tree dots the dry African savannah from Senegal to Madagascar. It yields a fruit that’s been described as a superfood popular in the United States and Europe. With an increasing global appeal, local farmers say business is booming… but some worry that worldwide sales of the crop are not sustainable. Arash Arabasadi reports. …

President Donald Trump has been busy on the congressional campaign trail lately, eager to tout the strong U.S. economy on behalf of Republican candidates leading up to this year’s midterm elections in November. But the president has also repeatedly launched Twitter attacks over the Russia probe, his border wall, and what he believes is unfair …

President Donald Trump has been busy on the congressional campaign trail lately, eager to tout the strong U.S. economy on behalf of Republican candidates leading up to this year’s midterm elections in November. But the president has also repeatedly launched Twitter attacks over the Russia probe, his border wall, and what he believes is unfair …

Chinese state media are reacting to U.S. President Donald Trump’s trade actions against China in diverse ways. While denouncing the U.S. leader’s actions, Beijing is also using its media to calm markets and express concern about the impact on the Chinese economy. An editorial in the Communist Party’s People’s Daily said that by raising tariffs …