Gap Inc. said Thursday that it would separate its Old Navy brand into a publicly traded company in order to focus on its struggling namesake apparel business, sending its shares up 18 percent. Old Navy has had a better success than the Gap …
As Walmart moves to phase out its familiar blue-vested “greeters” at 1,000 stores nationwide, disabled workers who fill many of those jobs say they’re being ill-treated by a chain that styles itself as community-minded and inclusive. Walmart told greeters around …
Women around the world are granted only three-quarters of the legal rights enjoyed by men, often preventing them from getting jobs or opening businesses, the World Bank said in study published Wednesday. “If women have equal opportunities to reach their …
The Federal Reserve will stop shrinking its $4 trillion balance sheet later this year, Fed Chairman Jerome Powell said on Wednesday, ending a process that investors say works at cross-purposes with the Fed’s current pause on interest rate hikes. “We’ve worked out, I think, the …
Cameroonian police officers, assisted by members of the country’s elite corps, seized hundreds of containers of fuel illegally transported from Nigeria by suspected Central African Republic rebels in the northern town of Mbe, Cameroon. Rigobert Ojong, a member of a …
U.S. aerospace manufacturer Boeing said on Tuesday it has nominated Nikki Haley, former U.S. ambassador to the United Nations and a close ally of President Donald Trump, to join its board of directors at the company’s annual shareholders meeting on …
Brazilians are split on a proposed overhaul of the country’s pension system, a poll showed on Tuesday, while most said they approve of right-wing President Jair Bolsonaro’s performance. In one of the first major surveys since Bolsonaro’s Jan. 1 inauguration, …
Kenya’s ride-hailing company ‘Little Cab’ is expanding to Tanzania and Ghana. The company will start offering rides in Tanzania’s commercial capital Dar es Salaam next week and plans to launch in Accra by May. VOA’s Mariama Diallo reports. …
A slowing economy is unlikely to crimp China’s 2019 defense budget rise, as Beijing earmarks more spending for modernization and big-ticket items like stealth jets, and focuses on Taiwan after a stern new year’s speech from President Xi Jinping. The …
Relief swept across world financial markets Monday after President Donald Trump pushed back a March 2 deadline in a trade dispute with China. But the respite might not last. The world’s two biggest economies have squared off over …
Afghanistan has started shipping goods to India for the first time through a newly developed Iranian seaport in a bid to improve exports and reduce reliance on routes through its uneasy neighbor, Pakistan. Afghan President Ashraf Ghani traveled Sunday to …
Trump Postpones New Trade Tariffs on China …
The United States and China are discussing a meeting between their two leaders soon to finalize a trade agreement. To move things forward, the latest round of trade talks between senior officials is being extended into the weekend. As Nike …
Stocks rose in major markets around the world Friday on bets of progress in trade talks between China and the United States, while crude futures hit their highest level in more than three months supported by ongoing supply cuts. U.S. President Donald Trump said …
The Trump administration is denying and delaying more skilled-worker visa petitions than at any time since at least 2015, in keeping with its promise to increase scrutiny of foreign workers, according to data the government released on Friday. U.S. officials …
Analysts say a $15.4 billion write-down for food giant Kraft Heinz reflects changing consumer taste for fresh food products over processed ones. The company said Thursday the decrease in value of some of its major brands resulted in a net …
As China and the United States resume high-level talks in Washington Thursday, there are signs that the two may be closing in on a deal. Reuters news agency is reporting that top trade officials from both sides are trying to …
British Airways and Air New Zealand have joined a wave of major U.S. airlines planning to introduce extra gender options for LGBT+ passengers who don’t identify as either male or female. LGBT+ groups have welcomed the change, saying it would …
The Trump administration is set Thursday to resume high-level talks with Chinese officials, aiming to ease a trade standoff that’s unnerved global investors and clouded the outlook for the world economy. A Chinese delegation led by Vice Premier Liu He …
U.S. Trade Representative Robert Lighthizer will testify next week at a U.S. House of Representatives hearing on U.S.-China trade issues, a spokesman for the House Ways and Means Committee said on Wednesday. Lighthizer has been the lead negotiator in ongoing …
A year ago, Russian President Vladimir Putin sailed to victory in what challengers dubbed a “filthy election.” Facing weak candidates — some likely encouraged to run by a Kremlin eager to give the poll a veneer of greater competitiveness — Putin basked …
The U.S. decision last week to permit Vietnam to fly its commercial aircraft directly to American airports is seen as a continuation of improving relations and follows other signs of international recognition for Hanoi. Observers say the breakthrough shows that …
Negotiators from China and the United States will resume talks this week to resolve the ongoing trade war between the world’s biggest economies. The White House says a third round of negotiations will take place Tuesday and Wednesday in Washington …
Pyongyang is upgrading its overcrowded mass transit system with brand new subway cars, trams and buses in a campaign meant to show leader Kim Jong Un is raising the country’s standard of living. The long-overdue improvements, while still modest, are …