Category: Бізнес
IMF Reaches Deal with Ukraine on New $4 Billion, 14-Month Loan
20/10/2018
The International Monetary Fund announced Friday it had reached an agreement with Ukraine on economic policies that would unlock a new loan deal that will provide nearly $4 billion. The new 14-month standby loan deal replaces an existing four-year financial aid package agreed in March 2015 and due to expire in five months, the IMF …
IMF Reaches Deal with Ukraine on New $4 Billion, 14-Month Loan
20/10/2018
The International Monetary Fund announced Friday it had reached an agreement with Ukraine on economic policies that would unlock a new loan deal that will provide nearly $4 billion. The new 14-month standby loan deal replaces an existing four-year financial aid package agreed in March 2015 and due to expire in five months, the IMF …
Financial Watchdog: Regulate Cryptocurrencies Now, Or Else
19/10/2018
A global financial body says governments worldwide must establish rules for virtual currencies like bitcoin to stop criminals from using them to launder money or finance terrorism. The Financial Action Task Force said Friday that from next year it will start assessing whether countries are doing enough to fight criminal use of virtual currencies. Countries …
Women-to-Women Business Fund Comes to Britain
19/10/2018
A women-to-women investment fund is coming to Britain next month to boost financing for female-owned businesses, its founder said Thursday, as efforts grow to close the gender investing gap. SheEO has lent more than $2 million to 32 female social entrepreneurs in the United States, Canada and New Zealand to grow their businesses since 2015 …
Women-to-Women Business Fund Comes to Britain
19/10/2018
A women-to-women investment fund is coming to Britain next month to boost financing for female-owned businesses, its founder said Thursday, as efforts grow to close the gender investing gap. SheEO has lent more than $2 million to 32 female social entrepreneurs in the United States, Canada and New Zealand to grow their businesses since 2015 …
US Stocks Slide on Saudi Arabia, Italy Concerns
18/10/2018
U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy’s budget and concerns mounted about the possibility of strained relations between the United States and Saudi Arabia. S&P 500 technology stocks fell more than 2 percent, as did the tech-heavy Nasdaq. Wall Street’s major indexes pared early losses in morning trading but …
US Stocks Slide on Saudi Arabia, Italy Concerns
18/10/2018
U.S. stocks fell more than 1 percent on Thursday as the European Commission issued a warning regarding Italy’s budget and concerns mounted about the possibility of strained relations between the United States and Saudi Arabia. S&P 500 technology stocks fell more than 2 percent, as did the tech-heavy Nasdaq. Wall Street’s major indexes pared early losses in morning trading but …
Russian Firms Test Non-Dollar Deals to Sidestep US Sanctions
18/10/2018
Several major Russian companies are exploring ways to do deals abroad without using dollars, spurred on by a U.S. threat to broaden sanctions that have impeded access of some Russian firms to the international banking system. The Kremlin has been pushing companies to conduct more deals using other currencies to reduce reliance on the dollar. …
Russian Firms Test Non-Dollar Deals to Sidestep US Sanctions
18/10/2018
Several major Russian companies are exploring ways to do deals abroad without using dollars, spurred on by a U.S. threat to broaden sanctions that have impeded access of some Russian firms to the international banking system. The Kremlin has been pushing companies to conduct more deals using other currencies to reduce reliance on the dollar. …
Warsaw Taxis Hold Anti-Uber Go Slow
18/10/2018
Hundreds of taxis on Thursday drove at a snail’s pace across the Polish capital Warsaw in protest at the ride-sharing app Uber and other unlicenced competitors. Other cab drivers gathered in front of the justice ministry to call for legislation to regulate the industry. Traditional cab operators argue that the Uber app and others like …
Warsaw Taxis Hold Anti-Uber Go Slow
18/10/2018
Hundreds of taxis on Thursday drove at a snail’s pace across the Polish capital Warsaw in protest at the ride-sharing app Uber and other unlicenced competitors. Other cab drivers gathered in front of the justice ministry to call for legislation to regulate the industry. Traditional cab operators argue that the Uber app and others like …
Mnuchin Pulls US Out of Saudi Investment Conference
18/10/2018
U.S. Treasury Secretary Steve Mnuchin has pulled out of an investment conference next week in Saudi Arabia, as Riyadh continues to face questions about its involvement in the disappearance and alleged killing of a U.S.-based Saudi journalist in Turkey. Mnuchin made the announcement Thursday on Twitter, following numerous Western corporate chiefs who have dropped out …
Mnuchin Pulls US Out of Saudi Investment Conference
18/10/2018
U.S. Treasury Secretary Steve Mnuchin has pulled out of an investment conference next week in Saudi Arabia, as Riyadh continues to face questions about its involvement in the disappearance and alleged killing of a U.S.-based Saudi journalist in Turkey. Mnuchin made the announcement Thursday on Twitter, following numerous Western corporate chiefs who have dropped out …
Jubilant Customers Light Up as Marijuana Sales Begin in Canada
17/10/2018
Jubilant customers stood in long lines for hours then lit up and celebrated on sidewalks Wednesday as Canada became the world’s largest legal marijuana marketplace. In Toronto, people smoked joints as soon as they rolled out of bed in a big “wake and bake” celebration. In Alberta, a government website that sells pot crashed when …
Jubilant Customers Light Up as Marijuana Sales Begin in Canada
17/10/2018
Jubilant customers stood in long lines for hours then lit up and celebrated on sidewalks Wednesday as Canada became the world’s largest legal marijuana marketplace. In Toronto, people smoked joints as soon as they rolled out of bed in a big “wake and bake” celebration. In Alberta, a government website that sells pot crashed when …
Tesla Secures Land in Shanghai for First Factory Outside US
17/10/2018
Electric auto brand Tesla Inc. said it signed an agreement Wednesday to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions. Tesla, based on Palo Alto, California, announced plans for the Shanghai factory in July after the Chinese government said it would end …
Tesla Secures Land in Shanghai for First Factory Outside US
17/10/2018
Electric auto brand Tesla Inc. said it signed an agreement Wednesday to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions. Tesla, based on Palo Alto, California, announced plans for the Shanghai factory in July after the Chinese government said it would end …
Many CEOs Pull Out of Saudi Investment Conference
17/10/2018
Western corporate chiefs are continuing to pull out of an investment conference in Saudi Arabia next week, distancing themselves from questions about Riyadh’s involvement in the disappearance and alleged killing of a U.S.-based Saudi journalist in Turkey. At first, many of the business leaders reserved judgment on what happened to the missing journalist, Jamal Khashoggi. …
Many CEOs Pull Out of Saudi Investment Conference
17/10/2018
Western corporate chiefs are continuing to pull out of an investment conference in Saudi Arabia next week, distancing themselves from questions about Riyadh’s involvement in the disappearance and alleged killing of a U.S.-based Saudi journalist in Turkey. At first, many of the business leaders reserved judgment on what happened to the missing journalist, Jamal Khashoggi. …
Uber Driver Charged with Kidnapping New York Woman
17/10/2018
An Uber driver in New York City kidnapped a woman who fell asleep in his vehicle, groped her in the back seat and then left her on the side of a highway in Connecticut, federal authorities said Tuesday. Harbir Parmar, 24, of Queens was charged in U.S. District Court with kidnapping. It wasn’t immediately clear …
Uber Driver Charged with Kidnapping New York Woman
17/10/2018
An Uber driver in New York City kidnapped a woman who fell asleep in his vehicle, groped her in the back seat and then left her on the side of a highway in Connecticut, federal authorities said Tuesday. Harbir Parmar, 24, of Queens was charged in U.S. District Court with kidnapping. It wasn’t immediately clear …
US to Open Trade Talks With Britain, EU, Japan
17/10/2018
The White House has announced plans to negotiate separate trade deals with Britain, the European Union and Japan. “We are committed to concluding these negotiations with timely and substantive results for American workers, farmers, ranchers and businesses,” U.S. Trade Representative Robert Lighthizer said Tuesday. He added that the White House wanted to “address both tariff and non-tariff …
US to Open Trade Talks With Britain, EU, Japan
17/10/2018
The White House has announced plans to negotiate separate trade deals with Britain, the European Union and Japan. “We are committed to concluding these negotiations with timely and substantive results for American workers, farmers, ranchers and businesses,” U.S. Trade Representative Robert Lighthizer said Tuesday. He added that the White House wanted to “address both tariff and non-tariff …
Earnings Reports Send US Stocks Higher
17/10/2018
Major U.S. stock markets made strong gains Tuesday as strong earnings reports encouraged investors. The Dow Jones industrial average gained 547.87 points, or 2.2 percent, to close at 25,798.42. The Standard & Poor’s 500 rose 59.13 points, or 2.2 percent, to 2,809.92 with all 11 sectors finishing higher. The Nasdaq composite, home to many tech stocks, jumped 214.75 …
Caution, Cancellations, Protests as Concerns Grow on China’s Belt and Road
16/10/2018
Concerns about debt diplomacy on China’s expansive infrastructure megaproject — the Belt and Road — have become an increasing source of debate from Asia to Africa and the Middle East. In recent weeks, more than $30 billion in projects have been scrapped and other loans and investments are under review. Public opposition is also testing the …
Caution, Cancellations, Protests as Concerns Grow on China’s Belt and Road
16/10/2018
Concerns about debt diplomacy on China’s expansive infrastructure megaproject — the Belt and Road — have become an increasing source of debate from Asia to Africa and the Middle East. In recent weeks, more than $30 billion in projects have been scrapped and other loans and investments are under review. Public opposition is also testing the …