Category: Бізнес

Malaysia Pulls About-Face Ahead of China’s Belt and Road Forum

In a twist, China has announced that it has persuaded Malaysia to resume a canceled rail project worth $10.7 billion. The sudden about-face by Kuala Lumpur, which had earlier rejected the Chinese-funded project, will be a big boost for China ahead of a Belt and Road Forum in Beijing later this month, say analysts. China …

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Blackouts Threaten Death Blow to Venezuela’s Industrial Survivors

The latest power outage started another tough week for factory owner Antonello Lorusso in the city of Valencia, once Venezuela’s industrial powerhouse. For the past month, unprecedented nationwide blackouts paralyzed the factory and the rest of the country, cutting off power, water and cell service to millions of Venezuelans. Lorusso’s packaging plant, Distribuidora Marina, had …

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Blackouts Threaten Death Blow to Venezuela’s Industrial Survivors

The latest power outage started another tough week for factory owner Antonello Lorusso in the city of Valencia, once Venezuela’s industrial powerhouse. For the past month, unprecedented nationwide blackouts paralyzed the factory and the rest of the country, cutting off power, water and cell service to millions of Venezuelans. Lorusso’s packaging plant, Distribuidora Marina, had …

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US Consumer Prices Rise Solidly, But Underlying Trend Tame

U.S. consumer prices increased by the most in 14 months in March, but the underlying inflation trend remained benign amid slowing domestic and global economic growth. The mixed report from the Labor Department on Wednesday was broadly supportive of the Federal Reserve’s decision last month to suspended its three-year campaign to raise interest rates. The …

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US Consumer Prices Rise Solidly, But Underlying Trend Tame

U.S. consumer prices increased by the most in 14 months in March, but the underlying inflation trend remained benign amid slowing domestic and global economic growth. The mixed report from the Labor Department on Wednesday was broadly supportive of the Federal Reserve’s decision last month to suspended its three-year campaign to raise interest rates. The …

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Mexico Slams US Border Slowdown as ‘Very Bad Idea’

Mexico’s foreign minister on Wednesday criticized hold-ups in the flow of goods and people at the U.S-Mexico border, and said he planned to discuss the matter with U.S. Department of Homeland Security officials later in the day. After days of traffic delays at sections of the border that have alarmed businesses, Foreign Minister Marcelo Ebrard …

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Mexico Slams US Border Slowdown as ‘Very Bad Idea’

Mexico’s foreign minister on Wednesday criticized hold-ups in the flow of goods and people at the U.S-Mexico border, and said he planned to discuss the matter with U.S. Department of Homeland Security officials later in the day. After days of traffic delays at sections of the border that have alarmed businesses, Foreign Minister Marcelo Ebrard …

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‘The Stakes Are Too High’: Christian Faithful Take up Climate Protest

Cloaked in black and carrying white buckets filled with artificial blood, the group filed in silence to the entrance of London’s Downing Street, behind a troupe of child and teen activists. Ringing a bell as they walked, the 45 adults — all participants in Extinction Rebellion, a protest movement seeking rapid action to curb global …

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‘The Stakes Are Too High’: Christian Faithful Take up Climate Protest

Cloaked in black and carrying white buckets filled with artificial blood, the group filed in silence to the entrance of London’s Downing Street, behind a troupe of child and teen activists. Ringing a bell as they walked, the 45 adults — all participants in Extinction Rebellion, a protest movement seeking rapid action to curb global …

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Fishermen Turn to Maps as India’s Coasts Cleared for Tourism, Industry

After generations of trawling the same waters, the fishermen on the coast of Tamil Nadu in southeastern India know where to cast a net or park a boat without resorting to signs or GPS maps. But their customary rights over this common space – a right won by families who have fished it for centuries …

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Fishermen Turn to Maps as India’s Coasts Cleared for Tourism, Industry

After generations of trawling the same waters, the fishermen on the coast of Tamil Nadu in southeastern India know where to cast a net or park a boat without resorting to signs or GPS maps. But their customary rights over this common space – a right won by families who have fished it for centuries …

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Ford Workers in Russia Protest Planned Closure

Ford workers in Russia have started work-to-rule action over plans to close a plant.   Mikhail Sergeyev, head of a trade union which represents around a third of the St. Petersburg plant’s 900-strong workforce, has told The Associated Press on Monday the work-to-rule will continue until Ford negotiates, and it’s already causing disruption.   Sergeyev …

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Pinterest Sets Conservative Pricing After Lyft Drop

Pinterest, among the gaggle of tech companies hoping to go public this year, set a conservative price range Monday for its initial public offering. It hopes to raise as much as $1.5 billion in its initial offering of shares. The digital scrapbooking site said in a regulatory filing that it will put about 75 million …

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Czechs View NATO and EU as Cornerstones of Peace and Prosperity

As the North Atlantic Treaty Organization (NATO) heads into its eighth decade amidst doubts in some quarters of its contemporary relevance, the Czech Republic’s Foreign Minister tells VOA that there’s “huge consensus” among political parties in his country in support of NATO membership and of America’s leadership within the alliance. “Our membership is very important, …

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Hiring Rebounds as US Employers Add a Solid 196,000 Jobs

in the United States rebounded in March as U.S. employers added a solid 196,000 jobs, up sharply from February’s scant gain and evidence that many businesses still want to hire despite signs that the economy is slowing. The unemployment rate remained at 3.8 percent, near the lowest level in almost 50 years, the Labor Department …

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Hiring Rebounds as US Employers Add a Solid 196,000 Jobs

in the United States rebounded in March as U.S. employers added a solid 196,000 jobs, up sharply from February’s scant gain and evidence that many businesses still want to hire despite signs that the economy is slowing. The unemployment rate remained at 3.8 percent, near the lowest level in almost 50 years, the Labor Department …

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Pompeo Cautions NATO Allies: China’s Outreach Has ‘National Security Component’

Secretary of State Mike Pompeo told visiting NATO foreign ministers Thursday that the 29 country alliance must alter its approach to developing threats, singling out Russian aggression and China’s “strategic competition.” Pompeo cautioned his NATO allies that there is a risk the U.S. will not be able to share information in the same way it …

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Pompeo Cautions NATO Allies: China’s Outreach Has ‘National Security Component’

Secretary of State Mike Pompeo told visiting NATO foreign ministers Thursday that the 29 country alliance must alter its approach to developing threats, singling out Russian aggression and China’s “strategic competition.” Pompeo cautioned his NATO allies that there is a risk the U.S. will not be able to share information in the same way it …

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South Korea to Launch World’s First National 5G Networks 

South Korea on Friday launches the world’s first nationwide 5G mobile networks, a transformational leap that has superpowers sparring for control of an innovation that could change the day-to-day lives of billions of people. The fast communications heralded by fifth-generation wireless technology will ultimately underpin everything from toasters to telephones, from electric cars to power grids.  …

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South Korea to Launch World’s First National 5G Networks 

South Korea on Friday launches the world’s first nationwide 5G mobile networks, a transformational leap that has superpowers sparring for control of an innovation that could change the day-to-day lives of billions of people. The fast communications heralded by fifth-generation wireless technology will ultimately underpin everything from toasters to telephones, from electric cars to power grids.  …

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Closure Threat Hurts Truckers, Stores on US-Mexico Border

Trucks inched through traffic Wednesday and some stores reported fewer customers in U.S.-Mexico border towns as staffing shortages tied to a surge in asylum seekers slowed checkpoints and threats of a complete closure of the border scared shoppers. U.S. President Donald Trump reiterated his threat to close the border, or parts of it, saying Congress could avert such a shutdown …

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Closure Threat Hurts Truckers, Stores on US-Mexico Border

Trucks inched through traffic Wednesday and some stores reported fewer customers in U.S.-Mexico border towns as staffing shortages tied to a surge in asylum seekers slowed checkpoints and threats of a complete closure of the border scared shoppers. U.S. President Donald Trump reiterated his threat to close the border, or parts of it, saying Congress could avert such a shutdown …

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US-China Trade Talks Progressing, White House Says  

White House economic adviser Larry Kudlow said Wednesday that U.S. trade talks with China are continuing to progress as negotiations between the world’s two biggest economies resume in Washington this week. Kudlow told reporters that the two countries made good headway in Beijing last week, with China acknowledging such problematic issues as the theft of …

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US-China Trade Talks Progressing, White House Says  

White House economic adviser Larry Kudlow said Wednesday that U.S. trade talks with China are continuing to progress as negotiations between the world’s two biggest economies resume in Washington this week. Kudlow told reporters that the two countries made good headway in Beijing last week, with China acknowledging such problematic issues as the theft of …

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On NATO’s Birthday, Trump Takes Credit for Increased Burden Sharing

U.S. President Donald Trump met NATO Secretary General Jens Stoltenberg at the White House Tuesday, where he took credit for increased burden sharing in collective defense spending. As White House Correspondent Patsy Widakuswara reports, the North Atlantic Treaty Organization is commemorating its 70th birthday in Washington with less pomp than usual, out of concerns for …

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US Says Will Not Send High-Level Officials to China’s Silk Road Summit

The United States will not send high-level officials to attend China’s second Belt and Road summit in Beijing this month, a spokesperson for the U.S. State Department said on Tuesday, citing concerns about financing practices for the project. China’s top diplomat, Yang Jiechi, said on Saturday that almost 40 foreign leaders would take part in …

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