Category: Бізнес
Report: Asian Economies Lag as Trade Tensions Drag on Growth
03/04/2019
Trade tensions between China and the United States are putting a drag on economies in the region, with growth likely to continue to slow in the coming two years, the Asian Development Bank says in a report released Wednesday. The Manila, Philippines-based regional lender’s latest economic outlook forecasts that growth in developing Asia will …
World Trade Forecasts Slashed Again Amid US-China Standoff
02/04/2019
The World Trade Organization has cut its forecast for trade growth this year by more than a percentage point, to 2.6 percent, due to an economic slowdown and amid a trade conflict between the United States and China. The downgrade — from 3.7 percent forecast issued in September — reflects how quickly the prospects for global business …
World Trade Forecasts Slashed Again Amid US-China Standoff
02/04/2019
The World Trade Organization has cut its forecast for trade growth this year by more than a percentage point, to 2.6 percent, due to an economic slowdown and amid a trade conflict between the United States and China. The downgrade — from 3.7 percent forecast issued in September — reflects how quickly the prospects for global business …
NATO Celebrates 70th Anniversary, But Demands Rise For European Burden-Sharing
02/04/2019
On April 4th, 2019, NATO members will mark the 70th anniversary of the signing of the North Atlantic Treaty — part of a successful effort to contain Soviet expansionism and to cajole the war-torn nations of Western Europe to forsake ancient enmities and to forge solidarity. But for the transatlantic alliance to continue, Europe will …
NATO Celebrates 70th Anniversary, But Demands Rise For European Burden-Sharing
02/04/2019
On April 4th, 2019, NATO members will mark the 70th anniversary of the signing of the North Atlantic Treaty — part of a successful effort to contain Soviet expansionism and to cajole the war-torn nations of Western Europe to forsake ancient enmities and to forge solidarity. But for the transatlantic alliance to continue, Europe will …
Trump, NATO Chief to Meet Amid Transatlantic Tensions
02/04/2019
President Donald Trump is meeting Tuesday with NATO Secretary General Jens Stoltenberg at the White House, as the alliance of which Trump has been critical prepares to celebrate its 70th anniversary in Washington this week. Trump has frequently blasted other NATO members for under-investing on defense and relying too heavily on the United States. During …
Trump, NATO Chief to Meet Amid Transatlantic Tensions
02/04/2019
President Donald Trump is meeting Tuesday with NATO Secretary General Jens Stoltenberg at the White House, as the alliance of which Trump has been critical prepares to celebrate its 70th anniversary in Washington this week. Trump has frequently blasted other NATO members for under-investing on defense and relying too heavily on the United States. During …
Kellogg Selling Keebler and Other Brands for $1.3 Billion
01/04/2019
Kellogg is selling its iconic Keebler cookie brand and other sweet snacks businesses to Ferrero for $1.3 billion. The Battle Creek, Michigan-based Kellogg Co. says the brands in the deal generated sales of $900 million and profits of $75 million last year. Kellogg is also selling its Mother’s and Famous Amos cookie brands, as well …
Kellogg Selling Keebler and Other Brands for $1.3 Billion
01/04/2019
Kellogg is selling its iconic Keebler cookie brand and other sweet snacks businesses to Ferrero for $1.3 billion. The Battle Creek, Michigan-based Kellogg Co. says the brands in the deal generated sales of $900 million and profits of $75 million last year. Kellogg is also selling its Mother’s and Famous Amos cookie brands, as well …
South Dakota Farmers to Plant More Corn, Less Soybeans
01/04/2019
South Dakota farmers this spring are expected to plant more corn than they did last year but less soybeans. The Agriculture Department projects South Dakota’s corn crop at 6 million acres, up 13 percent from 2018. The soybean crop is forecast at 5.2 million acres, down 8 percent. Other crops with expected increases are oil …
South Dakota Farmers to Plant More Corn, Less Soybeans
01/04/2019
South Dakota farmers this spring are expected to plant more corn than they did last year but less soybeans. The Agriculture Department projects South Dakota’s corn crop at 6 million acres, up 13 percent from 2018. The soybean crop is forecast at 5.2 million acres, down 8 percent. Other crops with expected increases are oil …
Equal Pay Day Highlights Gender Compensation Gap
01/04/2019
Days after the U.S. House of Representatives passed the latest version of a bill focused on ensuring protections against pay discrimination on the basis of a person’s sex, Tuesday marks the symbolic Equal Pay Day highlighting the pay gap that exists between working men and women. The date is meant to show the disparity by …
Equal Pay Day Highlights Gender Compensation Gap
01/04/2019
Days after the U.S. House of Representatives passed the latest version of a bill focused on ensuring protections against pay discrimination on the basis of a person’s sex, Tuesday marks the symbolic Equal Pay Day highlighting the pay gap that exists between working men and women. The date is meant to show the disparity by …
Bait Crisis Could Take the Steam Out of Lobster This Summer
31/03/2019
The boom times for the U.S. lobster industry are imperiled this year because of a shortage of a little fish that has been luring the crustaceans into traps for hundreds of years. Members of the lobster business fear a looming bait crisis could disrupt the industry during a time when lobsters are as plentiful, valuable …
Bait Crisis Could Take the Steam Out of Lobster This Summer
31/03/2019
The boom times for the U.S. lobster industry are imperiled this year because of a shortage of a little fish that has been luring the crustaceans into traps for hundreds of years. Members of the lobster business fear a looming bait crisis could disrupt the industry during a time when lobsters are as plentiful, valuable …
World Turns Off Lights for Earth Hour
31/03/2019
The Eiffel Tower, the Empire State Building, the Sydney Opera House, the Brandenburg Gate, the Acropolis and many more iconic landmarks went dark at 8:30 p.m. local time, Saturday night, for Earth Hour, an annual call for local action on climate change. Earth Hour is the brain child of the World Wildlife Fund. “By going …
Lyft Shares Soar on Nasdaq Debut After IPO
29/03/2019
Lyft Inc shares on Friday opened up 21.2 percent at $87.24 in its market debut on the Nasdaq after the company was valued at $24.3 billion in the first initial public offering (IPO) of a ride-hailing startup. On Thursday, Lyft said it priced 32.5 million shares, slightly more that it was offering originally, at $72, …
Bipartisan Support Seen for a US-Taiwan Free-trade Deal
28/03/2019
Influential figures in Washington are calling for the establishment of a bilateral free-trade agreement with Taiwan, even as U.S. and Chinese officials move toward a resolution of their long-running trade dispute. “We have a lot of issues with Beijing, and a lot of opportunities with Taiwan,” said Edwin J. Feulner in an interview with …
Tossing Coins on Brexit: 2nd Referendum, General Election?
28/03/2019
Britons desperately wanting some clarity in the country’s interminable Brexit saga were disappointed Wednesday when lawmakers plunged the country’s proposed exit from the European Union, after half-a-century of membership, into further disarray, failing to find a majority for any way forward after a series of so-called indicative votes. The hope had been a majority might …
Iceland’s WOW Air budget Carrier Collapses, Cancels all Flights
28/03/2019
Iceland’s budget carrier WOW Air said it had ceased operations and cancelled all flights on Thursday, potentially stranding thousands of passengers. The collapse of the troubled airline, which transports more than a third of those traveling to Iceland, comes after buyout talks with rival Icelandair collapsed earlier this week. “All WOW Air flights have been …
One in Three Fear Losing Homes in West and Central Africa, Poll Finds
27/03/2019
Nearly one in three people living in West and Central Africa fear losing their homes and land in the next five years, according to a survey of 33 countries, making it the region where people feel most insecure about their property. More than two in five respondents from Burkina Faso and Liberia worry their home …
One in Three Fear Losing Homes in West and Central Africa, Poll Finds
27/03/2019
Nearly one in three people living in West and Central Africa fear losing their homes and land in the next five years, according to a survey of 33 countries, making it the region where people feel most insecure about their property. More than two in five respondents from Burkina Faso and Liberia worry their home …
Land Lost, Families Uprooted as Myanmar Pushes Industrial Zones
27/03/2019
Than Ei lived in the Thilawa area near Yangon for years, growing vegetables in her backyard and sending her two children to school with money from her husband’s construction job. Then came the government order to move. Than Ei’s family was among 68 households relocated in 2013 to make way for the Thilawa Special Economic …
Land Lost, Families Uprooted as Myanmar Pushes Industrial Zones
27/03/2019
Than Ei lived in the Thilawa area near Yangon for years, growing vegetables in her backyard and sending her two children to school with money from her husband’s construction job. Then came the government order to move. Than Ei’s family was among 68 households relocated in 2013 to make way for the Thilawa Special Economic …
Hong Kong Ex-Official Patrick Ho Jailed 3 Years for Bribery
26/03/2019
Hong Kong’s former home affairs secretary Patrick Ho Chi Ping was jailed for three years Monday for a scheme to bribe African officials to boost a top Chinese energy company that was part of Beijing’s global Belt and Road initiative. Ho, 69, who worked for the controversial energy conglomerate CEFC China Energy, was sentenced by …
Hong Kong Ex-Official Patrick Ho Jailed 3 Years for Bribery
26/03/2019
Hong Kong’s former home affairs secretary Patrick Ho Chi Ping was jailed for three years Monday for a scheme to bribe African officials to boost a top Chinese energy company that was part of Beijing’s global Belt and Road initiative. Ho, 69, who worked for the controversial energy conglomerate CEFC China Energy, was sentenced by …