Category: Бізнес

How do you explain the abstract concepts of blockchain technology and cryptocurrencies? With adorable, digital kittens of course. CryptoKitties, an online game and marketplace featuring virtual kittens, has become an entry point for curious outsiders looking to dabble in cryptocurrencies – decentralized digital monies that rely on blockchain technology to enable peer-to-peer transactions. Company reps …

Vietnam is set to auction up to a $5 billion stake in top brewer Sabeco on Monday, with Thai Beverage the only potential bidder to have expressed interest in a majority stake. The keenly anticipated sale of the state-owned maker of Bia Saigon gained momentum in recent months after being hampered for years by political …

U.S. President Donald Trump continued to tout the Republican tax bill Saturday, saying “everybody’s going to benefit” if it is signed into law. “But I think the greatest benefit is going to be for jobs and for the middle class, middle income,” Trump said to reporters on the White House South Lawn before departing for …

British Finance Minister Philip Hammond said Saturday it is likely Britain will want to negotiate a bespoke arrangement for a future trade deal with the European Union, rather than copying existing arrangements like the Canada-EU deal. The European Union agreed Friday to move Brexit talks onto trade and a transition pact, but some leaders cautioned …

After weeks of quarrels and qualms and then 11th-hour horse-trading, Republicans revealed their huge national tax rewrite late Friday, along with announcements of support that all but guarantee approval next week. The legislation would slash tax rates for big business and lower levies on the richest Americans in a massive $1.5 trillion bill that the GOP …

Two titans of U.S. business have come together to demand that Congress find an immediate solution for DACA recipients, whose legal immigration status will come to an end in March without intervention. Charles Koch, chairman and chief executive of Koch Industries, and Tim Cook, chief executive of Apple, wrote in an opinion piece published Thursday …

U.S. President Donald Trump has touted progress on slashing federal regulations, which he says cost America trillions with no benefit. Speaking Thursday from the White House, the president said his administration had exceeded its goal of removing two federal regulations for every new one, by removing 22 for every new one. Opponents have criticized some …

An 800-foot-tall (244-meter) centerpiece is coming to Detroit’s resurgent downtown as the city continues to build momentum about three years after exiting the largest municipal bankruptcy in U.S. history. The 58-story building dominating the local skyline will rise on the site of the iconic J.L. Hudson department store, whose 1983 closing epitomized Detroit’s economic downfall. …

Brazilian builder Odebrecht transferred $4.8 million to companies linked to Peruvian President Pedro Pablo Kuczynski between 2004 and 2012, some of which was paid to a company Kuczynski controlled when he held senior government roles, according to a document the company sent to Congress. In a brief recorded message broadcast on local radio program RPP …

The United States, European Union and Japan vowed Tuesday to work together to fight market-distorting trade practices and policies that have fueled excess production capacity, naming several key features of China’s economic system. In a joint statement that did not single out China or any other country, the three economic powers said they would work …

The African Export and Import Bank has pledged up to $1.5 billion in new loans and financial guarantees to Zimbabwe in a major boost for new President Emmerson Mnangagwa’s government, the bank’s president and chairman said Tuesday. Mnangagwa, who took over last month after veteran autocrat Robert Mugabe quit following a de facto military coup, …

A project in the Philippines that used debris to rebuild typhoon-ravaged houses and Californian homes providing year-round housing for migrant workers won one of the world’s most prestigious housing awards on Tuesday. The development charity CARE used innovative techniques, such as teaching building skills to residents and using wreckage from destroyed homes, to rehouse more …

Digital currency exchange operators Coinbase and Bitfinex reported problems with service through their websites on Tuesday, frustrating traders seeking to cash in on the latest surge in the value of bitcoin and other cryptocurrencies. Wallet-provider Coinbase’s website showed “service unavailable” early on Tuesday U.S. time, flashing a message that said it was down for maintenance. …

It has not received a lot of attention outside of Vietnam, but almost every day for weeks, the topic on the front pages of newspapers has been truckers and other drivers who refused to pay a traffic toll in Vietnam and who, in doing so, became a nationwide symbol of much broader frustration with authorities. …

The newest way to bet on bitcoin, the cyptocurrency that has taken Wall Street by storm with its stratospheric price rise and wild daily gyrations, will arrive Sunday when bitcoin futures start trading. The launch has given an extra kick to the cyptocurrency’s scorching run this year. It has nearly doubled in price since the …

Argentina blocked two European activists from entering the country on the eve of the World Trade Organization’s ministerial meeting in Buenos Aires, the two told a local radio program Saturday. Sally Burch, a British activist and journalist for the Latin American Information Agency, said Argentina had already revoked credentials given to her by the WTO …

The U.S. economy posted another impressive month, adding 228,000 jobs in November. The unemployment rate, now at a 17-year low, remains unchanged at 4.1 percent. But even as more Americans returned to the workforce, job recruiters say the job market is changing and both employers and employees need to be prepared. Mil Arcega reports. …

The wildfire that roared through the orchards of California’s Ventura County destroyed much of the region’s avocado crop not just with flames, but also with fierce Santa Ana winds and a thick blanket of ash. With the so-called Thomas Fire just 10 percent contained by Friday afternoon, after blackening more than 132,000 acres across Ventura …

NAFTA trade negotiators convene in Washington next week for a limited round of talks unlikely to move the needle on major sticking points, but aimed at demonstrating some progress toward closing easier chapters. Last month’s round of negotiations to update the North American Free Trade Agreement in Mexico City failed to resolve major differences, as Canada …

Bangladesh’s central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world’s biggest cyber-heists, several sources said. The Fed has yet to respond formally, but there is no indication it would join the suit. Unidentified …

Ford Motor Co will begin testing its latest self-driving vehicle technology next year in at least one city but has not changed its plan to begin commercial production until 2021, the company said. The automaker said on Thursday that it would test self-driving prototypes in various pilot programs with partners such as Lyft, the ride …

Albania is planning to try to lure five-star hotel brands with tax breaks, including scrapping profit and property taxes, to increase its appeal for the higher-end of the tourist trade. With travel and tourism accounting for 8.4 percent of gross domestic product in 2016, rising demand to visit the country between Montenegro and Greece washed …

The World Bank is ready to extend up to $200 million for projects that will boost transport and trade links between Western Balkans countries, its chief executive officer Kristalina Georgieva said on Thursday. “We are ready to fund a trade and transport project to help the countries of the region remove the obstacles that exist …

A federal judge in Michigan has sentenced a former high-level Volkswagen manager to seven years in prison for his part in the scheme to cheat emissions tests and defraud consumers. Oliver Schmidt has also been fined $400,000. He pleaded guilty in August to charges that included defrauding the United States and violating the Clean Air …

China’s Ofo launched its dockless bicycles in Paris on Wednesday, becoming the fourth bike-sharing plan operator in a city set to banish all combustion-engine cars by 2030. Ofo France general manager Laurent Kennel told Reuters the firm, one of two bike-sharing giants in China, had put just over 100 of its bright yellow bicycles on …

Vulnerable communities uprooted by climate change are being left out of a voluntary pact to deal with migration, campaigners said, after the United States pulled out of the global deal. Although people within low-lying states are being forced to relocate because of worsening storms and rising seas, they will not be recognized in U.N. migration …