Chinese state media are reacting to U.S. President Donald Trump’s trade actions against China in diverse ways. While denouncing the U.S. leader’s actions, Beijing is also using its media to calm markets and express concern about the impact on the …
Longtime PepsiCo CEO Indra Nooyi will step down as the top executive and the world’s second-largest food and beverage company. Nooyi, who was born in India, is a rarity on Wall Street as a woman and a minority leading a …
Russia engaged in more extensive oil exports to North Korea than had been previously reported, by setting up an illicit trade network that is likely still being used today to evade United Nations sanctions, according a South Korean research organization. …
Washington is observing the latest escalation in tensions between the United States and its trading partners, with China threatening to slap tariffs on more than 5,000 American-made products totaling $60 billion. VOA’s Michael Bowman reports, Beijing’s announcement came after the …
British Trade Minister Liam Fox said “intransigence” from the European Union was pushing Britain toward a no-deal Brexit, in an interview published on Saturday by the Sunday Times. With less than eight months until Britain quits the EU, the government has …
China’s targeting of U.S. liquefied natural gas and crude oil exports opens a new front in the trade war between the two countries, at a time when the White House is trumpeting growing U.S. energy export prowess. China included LNG …
George Kamau Githome uses a feather duster to clean off hardware and bootleg movies displayed for sale at his kiosk in Mathare, one of Nairobi, Kenya’s largest slums. Githome and his family of 10 kids recently lost everything they owned …
The U.S. unemployment rate dropped slightly in July, while job gains were lower than many analysts predicted. Friday’s report from the Labor Department shows the jobless rate fell one-tenth of a percent to 3.9 percent, one of the lowest figures …
The rolling fields of green soybean plants growing on Fred Grieder’s Illinois farm would be a welcome sign most years … an indicator of a promising harvest in the fall. But this isn’t most years. Tariffs are turning away potential …
Since May, the price per bushel of soybeans has dropped almost 20 percent in the wake of an escalating trade war between the United States and China. As VOA’s Kane Farabaugh reports, despite plans for a massive aid package by …
More British businesses should be made to report the difference in how much they pay male and female staff, lawmakers said Thursday, citing “obscene” gender pay gaps in some companies. Businesses and charities with more than 250 workers must publish …
U.S. President Donald Trump sought to ratchet up pressure on China for trade concessions by proposing a higher 25 percent tariff on $200 billion worth of Chinese imports, his administration said Wednesday. U.S. Trade Representative Robert Lighthizer said Trump directed the increase from a previously …
The Federal Reserve is leaving its benchmark interest rate unchanged while signaling further gradual rate hikes in the months ahead as long as the economy stays healthy. The Fed’s decision left the central bank’s key short-term rate at 1.75 percent …
European Union imports of U.S. soybeans were already rising substantially before a top EU official told President Donald Trump last week that the bloc would buy more. EU Commission figures released Wednesday show that 37 percent of the bloc’s soybean …
China’s government has warned it will retaliate if Washington imposes new trade penalties following a report the Trump administration will propose increasing the tariff rate on an additional $200 billion of Chinese imports. A foreign ministry spokesman, Geng Shuang, warned …
Each morning, Kamarunisa Poovummada sips her cup of tea while watching waves from the Arabian Sea crash around a water treatment plant opposite her house on Kavaratti island, off India’s southwest coast. She links the taste of her perfectly brewed …
Brazil’s three largest fuel distribution companies are under investigation for fixing prices at the pump, police said on Tuesday, reigniting debate over potential collusion among gas station owners in Latin America’s largest oil producer. The firms targeted by the probe …
When Abid Ali risked his life in a rubber dinghy in 2015 as he fled Pakistan for Europe, he didn’t think that three years later he would be making bags, backpacks and sneakers out of similar boats in a small …
Mexico is still preparing all options to respond to possible U.S. tariffs on car imports, Deputy Economy Minister Juan Carlos Baker said on Tuesday, despite U.S.-European talks last week that were supposed to have seen off the immediate threat. Last …
The Trump administration is studying the idea of implementing a big tax break for wealthy Americans by reducing the taxes levied on capital gains, but no decision has been made yet on whether to proceed. Administration officials said Tuesday Treasury …
Across Maracaibo, the capital of Venezuela’s largest state, residents unplug refrigerators to guard against power surges. Many only buy food they will consume the same day. Others regularly sleep outside. The rolling power blackouts in the state of Zulia pile …
German farmers intensified calls for around 1 billion euros ($1.17 billion) in special aid on Tuesday after crop damage from a drought and heatwave, but Berlin said it would wait for an August harvest report before making a decision. The …
McDonald’s is fighting to hold onto customers as the Big Mac turns 50, but it isn’t changing the makings of its most famous burger. The company is celebrating the 1968 national launch of the double-decker sandwich whose ingredients of “two …
U.S. companies seeking to be exempted from President Donald Trump’s tariff on imported steel are accusing American steel manufacturers of spreading inaccurate and misleading information, and they fear it may torpedo their requests. Robert Miller, president and CEO of NLMK …