Ford chief Jim Hackett on Wednesday ramped up his warnings about the tariffs imposed by President Donald Trump, saying his company was seeing profits slashed by $1 billion. Hackett said the global automaker could face more damage if the trade …
Month: September 2018
Somalia’s finance minister says World Bank grants to the government are a sign the country has “trustable leadership” again after decades of chaos and corruption. The World Bank said Tuesday it will provide $80 million in grants to Somalia’s federal …
The Federal Reserve on Wednesday raised a key interest rate for the third time this year in response to a strong U.S. economy and signaled that it expected to maintain a pace of gradual rate hikes. The Fed lifted its …
The Trojan Horse allowed the ancient Greek army to enter the city of Troy and defeat it. A similar strategy could help doctors destroy superbugs that are resistant to current antibiotics. The decreasing effectiveness of antibiotics is among the most …
The U.N. Conference on Trade and Development warns the world economy remains fragile, one decade after the collapse of the U.S. financial titan Lehman Brothers triggered a global economic crisis. In its report Trade and Development Report 2018: Power, Platforms …
The Trump administration is hoping Congress can come up with a new set of national rules governing how companies can use consumers’ data that finds a balance between “privacy and prosperity.” But it will be tricky to reconcile the concerns …
Trade conflicts, rising debt and the potential impact from rising interest rates in the U.S. will likely dampen growth in the coming year, the Asian Development Bank said Wednesday in an update of its regional economic outlook report. The Manila, …
Many materials change shape when exposed to heat, electricity or some other kind of energy. That change is usually random, but scientists are now learning how to direct that energy to turn the material into a predetermined shape. VOA’s George …
After losing his job with a foreign food company in March, Alexander Costa surveyed Brazil’s anemic labor market and decided to start selling cheap lunches by the beach in Rio de Janeiro to try and provide for his young family. …
When Kevin Systrom and Mike Krieger sold Instagram to Facebook in 2012, the photo-sharing startup’s fiercely loyal fans worried about what would happen to their beloved app under the social media giant’s wings. None of their worst fears materialized. But …
An experimental GlaxoSmithKline vaccine could prevent tuberculosis developing in half of those who receive it, making it potentially the first new shot against the global killer in a century, researchers said on Tuesday. Given the failure of other candidates in …
The number of babies born infected with syphilis in the United States has more than doubled since 2013, according to the U.S. Centers for Disease Control and Prevention. In a report released Tuesday, the CDC said the number of cases …
The Indian edition of dating app Tinder is testing a new feature which gives women an additional level of scrutiny before they allow men to start messaging conversations, with a view to rolling the function out globally. The “My Move” …
More than 11,000 people in Sudan’s eastern state of Kassala have been infected over the past month by Chikungunya, a debilitating mosquito-borne viral disease, but no deaths have been reported, a Sudanese official said Tuesday. Chikungunya is spread by two …
Music streaming services Spotify and Deezer joined European business and industry bodies in calling on EU regulators to take tougher action to curb what they say are the unfair practices of online platforms. EU governments are set in the coming …
When emergency tests showed the telltale right-sided pain in Heather VanDusen’s abdomen was appendicitis, she figured she’d be quickly wheeled into surgery. But doctors offered her the option of antibiotics instead. A new study from Finland shows her choice is …
As the summer planting season approaches in eastern Zimbabwe, small-scale farmers struggle with familiar questions: When will the rains come, and when should I sow my crops? This year something else is keeping them awake: In late August the government …
It’s drawing time at this suburban nursery school in Japan, but instead of crayons, tiny fingers are tapping on colors on iPad screens and taking selfies. Digital schooling has arrived in this nation long known for its zealous commitment to …
A Taiwanese owned company whose parent firm posted a more than half billion dollar profit last year has been refusing to pay compensation in line with an arbitration ruling to hundreds of Cambodian workers it made redundant. Pou Yuen (Cambodia) …
China says it is impossible to hold trade talks with the United States with a new round of tariffs in place. U.S. imposed duties on $200 billion worth of Chinese goods, and a retaliatory set of tariffs imposed by Beijing …
At a community center on Shek Lei public housing estate in northern Hong Kong, stacks of mooncake boxes are waiting to be distributed on Mid-Autumn Festival the following day. Inside they contain some of the 76,000 mooncakes that have been …
The U.S. Justice Department said on Monday it will hold a “listening session” with officials from more than a dozen states on Tuesday to discuss consumer protection and the technology industry, an agency official said. The meeting, first announced on …
The five remaining parties to the Iran nuclear deal have agreed to establish a special payment system to allow companies to continue doing business with the regime, bypassing new sanctions imposed by the United States. Envoys from Britain, France, Germany, …
The co-founders of Instagram are resigning their positions with the social media company. Chief Executive Kevin Systrom said in a statement late Monday that he and Mike Krieger plan to leave the company in the next few weeks. …