Category: Бізнес
Kenyatta: Kenya Wants to Boost Trade, Investment Partnership With US
28/08/2018
Kenya’s President Uhuru Kenyatta says his country wants to increase bilateral trade with the United States and attract more U.S. investors. U.S. President Donald Trump received Kenyatta at the White House on Monday for talks that focused on trade and security. Ahead of the talks, Kenyatta told VOA African Service in an interview that his …
Kenyatta: Kenya Wants to Boost Trade, Investment Partnership With US
28/08/2018
Kenya’s President Uhuru Kenyatta says his country wants to increase bilateral trade with the United States and attract more U.S. investors. U.S. President Donald Trump received Kenyatta at the White House on Monday for talks that focused on trade and security. Ahead of the talks, Kenyatta told VOA African Service in an interview that his …
Five Key Takeaways From Trump’s US-Mexico Trade Deal
28/08/2018
The United States and Mexico agreed on Monday to a sweeping trade deal that pressures Canada to accept new terms on autos trade, dispute settlement and agriculture to keep the trilateral North American Free Trade Agreement (NAFTA). U.S. Trade Representative Robert Lighthizer said the White House was ready to notify the U.S. Congress by Friday …
Five Key Takeaways From Trump’s US-Mexico Trade Deal
28/08/2018
The United States and Mexico agreed on Monday to a sweeping trade deal that pressures Canada to accept new terms on autos trade, dispute settlement and agriculture to keep the trilateral North American Free Trade Agreement (NAFTA). U.S. Trade Representative Robert Lighthizer said the White House was ready to notify the U.S. Congress by Friday …
Mexico’s Next Leader: NAFTA Deal Preserves Energy ‘Sovereignty’
28/08/2018
Mexican president-elect Andres Manuel Lopez Obrador welcomed a deal between Mexico and the United States to overhaul the North American Free Trade Agreement (NAFTA) that he said preserved Mexican “sovereignty” in the energy sector. The U.S.-Mexico deal was announced by U.S. President Trump on Monday, putting pressure on Canada to agree to new terms and …
Workers Protest Shutdown of Tire Maker Pirelli’s Venezuela Plant
27/08/2018
About 100 workers protested outside tire manufacturer Pirelli’s Venezuela plant on Monday after finding the gateslocked, ten days after the country announced a broad set of reforms including a massive hike in the minimum wage. Employees were not told the plant would be shut, said union leader Luis Alvarez, who added it was not immediately …
Workers Protest Shutdown of Tire Maker Pirelli’s Venezuela Plant
27/08/2018
About 100 workers protested outside tire manufacturer Pirelli’s Venezuela plant on Monday after finding the gateslocked, ten days after the country announced a broad set of reforms including a massive hike in the minimum wage. Employees were not told the plant would be shut, said union leader Luis Alvarez, who added it was not immediately …
Mexico Minister says in ‘Final Hours’ of Bilateral NAFTA Talks
26/08/2018
Mexico’s Economy Minister Ildefonso Guajardo said on Sunday that bilateral negotiations with the United States about the North American Free Trade Agreement (NAFTA) were in the “final hours.” Speaking as he arrived for talks at the U.S. Trade Representative’s office, Guajardo said the negotiators would need at least a week to work with Canada, the …
Mexico Minister says in ‘Final Hours’ of Bilateral NAFTA Talks
26/08/2018
Mexico’s Economy Minister Ildefonso Guajardo said on Sunday that bilateral negotiations with the United States about the North American Free Trade Agreement (NAFTA) were in the “final hours.” Speaking as he arrived for talks at the U.S. Trade Representative’s office, Guajardo said the negotiators would need at least a week to work with Canada, the …
Musk Says Investors Convinced Him Tesla Should Stay Public
25/08/2018
Tesla Inc. CEO Elon Musk says investors have convinced him that he shouldn’t take the company private, so the firm will remain on the public stock markets. The eccentric and sometimes erratic CEO said in a statement late Friday that he made the decision based on feedback from shareholders, including institutional investors, who said they …
US Commerce’s Ross Picks ZTE Monitor After Rejecting ‘Never Trump’ Lawyer
24/08/2018
U.S. Commerce Secretary Wilbur Ross has appointed a former federal prosecutor to monitor China’s ZTE Corp — after people familiar with the matter said he rescinded an offer to a former U.S. official for signing a “Never Trump” letter before the 2016 presidential election. A new monitor for ZTE is required as part of a …
US Commerce’s Ross Picks ZTE Monitor After Rejecting ‘Never Trump’ Lawyer
24/08/2018
U.S. Commerce Secretary Wilbur Ross has appointed a former federal prosecutor to monitor China’s ZTE Corp — after people familiar with the matter said he rescinded an offer to a former U.S. official for signing a “Never Trump” letter before the 2016 presidential election. A new monitor for ZTE is required as part of a …
Powell Signals More Hikes Ahead if US Economy Stays Strong
24/08/2018
Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. Powell added that while annual inflation has risen to near the Fed’s 2 percent target rate, it doesn’t seem likely to accelerate above that point. That suggests that he doesn’t …
Powell Signals More Hikes Ahead if US Economy Stays Strong
24/08/2018
Federal Reserve Chairman Jerome Powell signaled Friday that he expects the Fed to continue gradually raising interest rates if the U.S. economic expansion remains strong. Powell added that while annual inflation has risen to near the Fed’s 2 percent target rate, it doesn’t seem likely to accelerate above that point. That suggests that he doesn’t …
US, China Exchange New Round of Tariffs in Trade War
23/08/2018
A new set of tit-for-tat tariffs imposed by the United States and China on each other’s goods took effect Thursday. The U.S. announced earlier this month that it would impose 25 percent tariffs on $16 billion worth of Chinese goods, on top of the 25-percent tariffs it imposed on $34 billion worth of Chinese products …
US, China Exchange New Round of Tariffs in Trade War
23/08/2018
A new set of tit-for-tat tariffs imposed by the United States and China on each other’s goods took effect Thursday. The U.S. announced earlier this month that it would impose 25 percent tariffs on $16 billion worth of Chinese goods, on top of the 25-percent tariffs it imposed on $34 billion worth of Chinese products …
After Summer’s Growth Revisions, Macron Has Budget Work Cut Out
22/08/2018
French President Emmanuel Macron will make the tough political choices needed to meet his deficit commitments, his government spokesman said, as he looked to put a bodyguard scandal behind him at his first Cabinet meeting after the summer break. Macron and his ministers in all likelihood need to find savings in next year’s budget, to …
After Summer’s Growth Revisions, Macron Has Budget Work Cut Out
22/08/2018
French President Emmanuel Macron will make the tough political choices needed to meet his deficit commitments, his government spokesman said, as he looked to put a bodyguard scandal behind him at his first Cabinet meeting after the summer break. Macron and his ministers in all likelihood need to find savings in next year’s budget, to …
EXCLUSIVE – Sources: Aramco Listing Plan Halted, Oil Giant Disbands Advisors
22/08/2018
Saudi Arabia has called off both the domestic and international stock listing of state oil giant Aramco, billed as the biggest such deal in history, four senior industry sources said on Wednesday. The financial advisors working on the proposed listing have been disbanded, as Saudi Arabia shifts its attention to a proposed acquisition of a …
Myanmar’s Tour Operators Call for Plan to Boost Industry
22/08/2018
When reforms began in Myanmar in 2011, its tourism sector was considered as one of those most likely to take advantage of the economic opportunities as the country looked to reconnect with the outside world. Authorities and businesspeople were confident that foreign tourists would be drawn to Myanmar, eager to see such sites as the …
Myanmar’s Tour Operators Call for Plan to Boost Industry
22/08/2018
When reforms began in Myanmar in 2011, its tourism sector was considered as one of those most likely to take advantage of the economic opportunities as the country looked to reconnect with the outside world. Authorities and businesspeople were confident that foreign tourists would be drawn to Myanmar, eager to see such sites as the …
‘Leakage’ of Coal From North to South Korea Worries Experts
22/08/2018
Following Seoul’s announcement that South Korean companies have illegally imported North Korean coal, U.S. experts are worried about North Korean trade that contravenes international sanctions. The Korea Customs Service (KCS) announced earlier this month that three South Korean companies illegally imported North Korean coal that was transshipped at Russian ports, in violation of United Nations …
‘Leakage’ of Coal From North to South Korea Worries Experts
22/08/2018
Following Seoul’s announcement that South Korean companies have illegally imported North Korean coal, U.S. experts are worried about North Korean trade that contravenes international sanctions. The Korea Customs Service (KCS) announced earlier this month that three South Korean companies illegally imported North Korean coal that was transshipped at Russian ports, in violation of United Nations …
Chile’s Pinera Promises to Spur Investment with Tax Reform
22/08/2018
Chilean President Sebastian Pinera said on Tuesday that his overhaul of the country’s tax structure would “modernize” Chile’s revenue system and stimulate investment by local and foreign companies. The conservative leader said in a televised address that reform would, among other proposals, calibrate taxes paid by conventional companies with those paid by digital technology companies. …
Chile’s Pinera Promises to Spur Investment with Tax Reform
22/08/2018
Chilean President Sebastian Pinera said on Tuesday that his overhaul of the country’s tax structure would “modernize” Chile’s revenue system and stimulate investment by local and foreign companies. The conservative leader said in a televised address that reform would, among other proposals, calibrate taxes paid by conventional companies with those paid by digital technology companies. …
Trump Demands Fed Help on Economy, Complains About Interest Rate Rises
21/08/2018
U.S. President Donald Trump said on Monday he was “not thrilled” with the Federal Reserve under Chairman Jerome Powell for raising interest rates and said the U.S. central bank should do more to help him to boost the economy. In the middle of international trade disputes, Trump in an interview with Reuters also accused China …