Category: Бізнес

Bolivia Fights Locust Plague Threatening Corn, Sorghum Harvests

Bolivian farmers and government officials are fighting a locust plague threatening corn and sorghum harvests, just as agricultural areas were starting to recover from the South American country’s worst drought in a quarter century. The locusts, first reported in late January in Bolivia’s eastern grains belt, have affected around 1,000 hectares (2,470 acres) of crops …

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Promised Trump Tax Plan Boosts Stocks

U.S. stocks “melted up” Friday as the Standard & Poor’s 500 index, the Dow Jones industrial average, Nasdaq Composite Index and Russell 2000 Index posted all-time closing highs on continued upward momentum from President Donald Trump, who promised a “phenomenal” announcement about his tax plan in the next two to three weeks. Industrial stocks, led …

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DRC Cancels Illegal Logging Licenses

The government of the Democratic Republic of the Congo says it is canceling two illegal logging licenses following an investigation by the environmental action group Greenpeace. The Greenpeace probe found that in September 2016, then-Environment Minister Robert Bopolo Mbongeza authorized the two logging concessions, which covered more than 4,000 square kilometers. One permit went to …

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Fitch Ratings: Trump Administration Poses New Risk to Global Economy

One of the major U.S. credit ratings agencies says the Trump administration represents a risk to international economic conditions and could alter global sovereign credit fundamentals. The Fitch Ratings agency says risks have increased because U.S. policy predictability has diminished under Donald Trump, raising the prospects of unanticipated policy changes that could have global economic …

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Delta CEO Announces Job Growth Plan After Meeting With Trump

Delta Air Lines has announced plans to hire as many as 25,000 workers over the next five years.   Delta CEO Ed Bastian said in a statement Thursday that the Atlanta-based company is growing its ranks as it expands and upgrades its hubs at several of the nation’s airports. Bastian’s statement was released after he …

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Malawian Vintner Finding Success that Boosts Community

In southern Africa, business is booming for a popular Malawian winery, which makes Linga fruit wine. Linga is made from guava, plums and even some local flowers. The winery’s owner has been expanding into international markets while giving back to his community. For VOA, Lameck Masina has the story from Lilongwe. …

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Caribbean Sets Record with More Than 29 Million Visitors

Caribbean tourism officials say the region received a record number of visitors last year as arrivals topped 29 million. But they say they expect a slight drop this year because of the uncertainty surrounding actions that U.S. President Donald Trump might take. The majority of last year’s visitors came from the U.S., although the region …

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Mine Bosses Say Transparency Will Not Be Clouded by US Rule Changes

The expected demise of transparency regulations for minerals and oil companies listed in the United States will not cloud the global drive for financial clarity in extractive industries, company executives told Reuters at an Africa mining conference. Efforts to shine a light on payments such companies make to foreign governments are considered key to eliminating …

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Tribe Files Legal Challenge to Stall Dakota Access Pipeline

Construction of the Dakota Access pipeline under a North Dakota reservoir has begun and the full pipeline should be operational within three months, the developer of the long-delayed project said Thursday, even as an American Indian tribe filed a legal challenge to block the work and protect its water supply. The Army granted Energy Transfer …

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Lobbyist: Trump Supports Privatizing Air Traffic Control

President Donald Trump told airline and airport executives Thursday that he supports privatizing America’s air traffic control system, according to a top airline industry lobbyist who was in the meeting.   Nick Calio, president and CEO of Airlines for America, the trade association that represents the major airlines, said after the White House meeting that …

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Trump vs. Nordstrom: The Latest Bout Raising Ethical Concerns

The White House is rushing to the defense of Ivanka Trump’s company _ the latest sign the president can’t seem to separate the presidency from his family’s businesses. President Donald Trump added to a string of presidential firsts on Wednesday, and drew fire from ethics lawyers, with a Twitter attack on Nordstrom. The Seattle-based retailer …

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