Britain risks huge disruptions to its economy and society, including trade, transport, health care and citizens’ rights, if it leaves the European Union next March without a deal. That’s the conclusion of a new report on the short-term risks of a so-called ‘no-deal Brexit.’ The report comes as lawmakers return to London after a six-week …
Category: Бізнес
Бізнесові та економічні новини. Бізнес – це діяльність, спрямована на отримання прибутку шляхом створення, продажу чи обміну товарів та послуг. Важливо розуміти, що бізнес не обмежується лише великими корпораціями; це також і малі підприємства, стартапи та навіть індивідуальні підприємці. Бізнес також включає в себе управління ресурсами, фінансове планування та маркетинг, аби забезпечити сталий розвиток і конкурентоспроможність на ринку
Canada’s Strong-willed Foreign Minister Leads Trade Talks
She is many things that would seem to irritate President Donald Trump: a liberal Canadian former journalist. That makes Foreign Minister Chrystia Freeland an unusual choice to lead Canada’s negotiations over a new free trade deal with a surprisingly hostile U.S. administration. Recruited into politics by Prime Minister Justin Trudeau, Freeland has already clashed with …
Trump Team, Canada Officials Resume Talks to Revamp NAFTA
Trump administration officials and Canadian negotiators are resuming talks to try to keep Canada in a North American trade bloc with the United States and Mexico. “We are looking forward to constructive conversations today,” Canadian Foreign Affairs Minister Chrystia Freeland told reporters as she entered a meeting with U.S. Trade Rep. Robert Lighthizer. Last week, …
Wild Blueberries Sing the Blues, With Industry in Decline
In the era of superfoods, Maine blueberries aren’t so super. The Maine wild blueberry industry harvests one of the most beloved fruit crops in New England, but it’s locked in a downward skid in a time when other nutrition-packed foods, from acai to quinoa, dominate the conversation about how to eat. And questions linger …
Venezuelan Gas Lines Stretch as New Payment System Flops
Frustrated Venezuelan drivers faced lengthy lines for gasoline in border states Tuesday as the government struggled to roll out a new payment system that President Nicolas Maduro says will reduce smuggling of heavily subsidized fuel. Maduro says the payment system will pave the way for charging international prices for fuel, a massive increase given that …
Argentina Seeks Early Release of Funds from IMF
Argentina will have to wait at least until the second half of September to find out whether the International Monetary Fund will agree to the early release of a credit line under a $50 billion backup financing arrangement approved earlier this year, Economy Minister Nicolas Dujovne said Tuesday. Dujovne declined to say how much …
Ethiopia Opens Logistics Sector to Foreign Investment
Ethiopia will open its logistics sector to foreign investors but cap their participation, the state investment body said on Tuesday in the latest reform to loosen the government’s control of the economy. Prime Minister Abiy Ahmed has presided over a shake-up of one of the most heavily-regulated economies in Africa since his appointment in April. …
Amazon Goes From Books to a Trillion-Dollar Valuation
Amazon’s journey from an online bookseller started in a garage to a global e-commerce powerhouse valued at a trillion dollars has centered on obsession with the long road. The company, initially incorporated as “Cadabra” by Jeff Bezos in 1994 and backed with money borrowed from his parents, joined Apple as the second U.S. technology firm …
Argentine Peso Falls on Doubts Over Plan as Officials Hold IMF Talks
Argentina’s peso slid on Tuesday as investors reacted with skepticism to President Mauricio Macri’s plans to cut the budget deficit, while a government delegation arrived in Washington for talks with the IMF about accelerating its standby finance deal. On Monday, Macri abandoned his gradual approach to balancing the government’s budget, announcing new taxes on exports …
Trump’s Pollution Rules Rollback to Hit Coal Country Hard
It’s coal people like miner Steve Knotts, 62, who make West Virginia Trump Country. So it was no surprise that President Donald Trump picked the state to announce his plan rolling back Obama-era pollution controls on coal-fired power plants. Trump left one thing out of his remarks, though: northern West Virginia coal country will be …
Maduro Buys Gold to Boost Savings Amid Five-digit Inflation
President Nicolas Maduro said he is investing part of his personal savings in a gold-backed certificate as part of a much-questioned plan to crush hyperinflation and reactivate Venezuela’s moribund economy. Maduro and First Lady Cilia Flores were the first in line at the central bank in downtown Caracas on Monday as it began selling …
Italy on Collision Course With EU Over Budget Deficit
Party leaders in the Italian coalition government signalled they will seek leeway from the EU to increase next year’s budget deficit, heading on a collision course with the European Commission and investors who want it cut. Following Fitch agency’s decision to lower the outlook on Italy’s debt rating on Friday, neither Matteo Salvini nor Luigi …
Hope, Caution as Kim Jong Un Shifts to North Korea’s Economy
Tanned and wearing a swimsuit, So Myong Il walks to the barbecue pit and throws on some clams. He obviously loves the beach he’s on as well as the rugged, emerald Chilbo mountains that rise abruptly behind it. He loves them enough to forget, for a moment at least, that he is a senior …
IOM: Returning Nigerian Migrants Benefit from Business Training Skills
The International Organization for Migration reports more than 270 Nigerian migrants who recently returned from Libya have completed a skills training course to help them start their own businesses. Migrants attending this weeklong event in the Nigerian capital Lagos have shared stories of the business frustrations that drove them to try to go to Europe …
Bankers Seek Consolation Prizes After Shelved Aramco IPO
Investment banks which lost out on big payouts for the work on the shelved listing of oil giant Aramco are lining up for a raft of other projects as Saudi Arabia pursues reforms. Banks including JPMorgan and Morgan Stanley worked for months to prepare what would have been the biggest ever stock market debut. But …
Internship Aims to Create More Diversity in Hollywood Behind the Scenes
The film industry organization that presents the Academy Awards is also developing young talent through a program called Academy Gold — an internship and mentoring program for students and young professionals from communities currently underrepresented in Hollywood. Some of the participants are either immigrants or children of immigrants who are trying to create an unorthodox …
Activists: Proposed Myanmar Highway ‘Ecological, Social Disaster’
Community and conservation groups in Myanmar have branded a planned highway linking a port project to Thailand an “ecological and social disaster,” saying it would uproot indigenous people from their homes and farms. Critics said an environmental and social impact assessment for the road project, approved by the Myanmar government in June, failed to adequately …
US to Proceed With Mexico Trade Pact, Keep Talking to Canada
U.S. President Donald Trump notified Congress on Friday of his intent to sign a trade agreement with Mexico after talks with Canada broke up earlier in the day with no immediate deal to revamp the tri-nation North American Free Trade Agreement. U.S. Trade Representative Robert Lighthizer said U.S. officials would resume talks with their Canadian counterparts next Wednesday with the aim …
Trump Says Canada Not Needed in NAFTA Deal
U.S. President Donald Trump said on Saturday there was no need to keep Canada in the North American Free Trade Agreement and warned Congress not to meddle with the trade negotiations or he would terminate the trilateral trade pact altogether. “There is no political necessity to keep Canada in the new NAFTA deal. If we …
Coca-Cola Hopes for Caffeine Hit as It Buys Costa Coffee Chain
Coca-Cola is hoping for a caffeine-fueled boost with the acquisition of British coffee chain Costa. Costa is Britain’s biggest coffee company, with over 2,400 coffee shops in the U.K. and another 1,400 in more than 30 countries, including around 460 in China, its second-biggest market. Coca-Cola said Friday it will buy the Costa brand from …
US Ports Fear Tariffs Could Reduce Ship Traffic, Jobs
Ports and ground terminals in nearly every state handle goods that are now or will likely soon be covered by import tariffs. Port executives worry that this could mean a slowdown in shipping that would have ripple effects on truckers and others whose jobs depend on trade. The Associated Press analyzed government data and found …
Canada, US Push Toward NAFTA Deal by Friday
Top NAFTA negotiators from Canada and the United States increased the pace of their negotiations Thursday to resolve final differences to meet a Friday deadline, with their Mexican counterpart on standby to rejoin the talks soon. Despite some contentious issues still on the table, the increasingly positive tone contrasted with U.S. President Donald Trump’s harsh …
Microsoft to Contractors: Give New Parents Paid Leave
Microsoft will begin requiring its contractors to offer their U.S. employees paid leave to care for a new child. It’s common for tech firms to offer generous family leave benefits for their own software engineers and other full-time staff, but paid leave advocates say it’s still rare to require similar benefits for contracted workers such …
Argentina Boosts Interest Rate to 60%; Peso Sinks
Argentina’s Central Bank on Thursday increased its benchmark interest rate to 60 percent — the world’s highest — in an effort to halt a sharp slide in the value of the peso, which plunged to a record low. The peso fell more than 13 percent against the dollar, closing at an all-time low of 39.2 …
Trump OKs Tariff Relief for Three Countries
U.S. President Donald Trump has signed proclamations permitting targeted relief from steel and aluminum quotas from some countries, the U.S. Commerce Department said on Wednesday. Trump, who put in place tariffs on steel and aluminum imports in March, signed proclamations allowing relief from the quotas on steel from South Korea, Brazil and Argentina and on …
Trump, Trudeau Upbeat About Prospects for NAFTA Deal by Friday
The leaders of the United States and Canada expressed optimism on Wednesday that they could reach new NAFTA deal by a Friday deadline as negotiators prepared to talk through the night, although Canada warned that a number of tricky issues remained. Under pressure, Canada rejoined the talks to modernize the 24-year-old North American Free Trade …