Jaguar Land Rover said Thursday it will cut 4,500 jobs as the carmaker addresses slowing demand in China and growing uncertainty about the U.K.’s departure from the European Union. The luxury carmaker, owned by India’s Tata conglomerate, said the cuts …
India’s Parliament on Wednesday approved a bill providing a 10 percent quota in government jobs for the poor members of upper castes who have been excluded from existing quotas for low-ranking castes. The Congress party and other opposition parties supported …
China’s Commerce Ministry says that the United States and Beijing made progress in discussions about structural issues such as forced technology transfers and intellectual property rights during trade talks this week. But the lack of details from both sides following …
The United States says talks in Beijing on ending a bruising trade war focused on Chinese promises to buy more American goods. But it gave no indication of progress on resolving disputes over Beijing’s technology ambitions and other thorny issues. …
Three days of trade talks in Beijing between the United States and China ended Wednesday with the White House expressing optimism. “We expect something will come out of this,” White House spokeswoman Sarah Sanders told the Fox Business Network. “We …
Visitors to Singapore’s Orchard Road, the city’s main shopping belt, will find fancy malls, trendy department stores, abundant food courts — and a small farm. Comcrop’s 600-square-meter (6,450-square-foot) farm on the roof of one of the malls uses vertical racks …
The fight against poverty is getting help from a new direction: up. Satellite imagery is helping researchers map areas of extreme poverty. It may help officials identify faster and more accurately when development policies and programs are working, and when …
For the women of Tuluroba village’s self-help group, the goal was simple: use their combined savings to buy cattle, fatten them and sell them to the beef industry for slaughter. But there was a problem. “We had no land to …
About 1,000 furloughed federal workers have turned to online fundraising to help cover their expenses as a partial shutdown of the U.S. government drags on for nearly three weeks, a spokeswoman for GoFundMe.com said Wednesday. Some 800,000 federal employees have …
China approved five genetically modified (GM) crops for import on Tuesday, the first in about 18 months in a move that could boost its overseas grains purchases and ease pressure from the United States to open its markets to more …
Venezuela’s opposition-run congress on Tuesday issued a resolution calling deals between state-run oil company PDVSA and U.S. and French companies announced this week illegal, since they had not been sent to lawmakers for approval. The body said the oilfield deals …
The World Bank is downgrading its outlook for the global economy this year, citing rising trade tension, weakening manufacturing activity and growing financial stress in emerging-market countries. In a report titled “Darkening Skies,” the anti-poverty agency said Tuesday that it …
Peru Attorney General Pedro Chavarry resigned on Tuesday after a public outcry over his handling of the high-profile corruption investigation involving Brazilian builder Odebrecht. His departure from the public prosecutors office marks a fresh victory for President Martin Vizcarra and …
Labor rights campaigners warned against complacency as the European Union on Tuesday withdrew its threat to ban Thai fishing imports into the bloc, saying that the country has made progress in tackling illegal and unregulated fishing. The EU’s so-called “yellow …
Hospitals in Zimbabwe are turning away patients as a strike by doctors enters its sixth week. There is no end in sight to the strike, as President Emmerson Mnangagwa’s government says it cannot meet the doctors’ demands. The Parirenyatwa Group …
U.S. Commerce Secretary Wilbur Ross said there is “a very good chance” that the United States and China will reach a trade agreement. Ross told CNBC he is hopeful such a deal would address “all the key issues.” Working-level trade …
Mexican President Andres Manuel Lopez Obrador said on Monday that his crackdown against fuel theft was yielding positive results, even as the intervention sparked severe fuel shortages in parts of the country and long lines of angry motorists. In a …
Amazon has eclipsed Microsoft as the most valuable publicly traded company in the U.S. as a see-sawing stock market continues to reshuffle corporate America’s pecking order. The shift occurred Monday after Amazon’s shares rose 3 percent to close at $1,629.51 …
India’s cabinet on Monday backed proposals to reserve 10 percent of government jobs for Indians outside the higher income brackets, a plan the main opposition party suggested was an attempt by the government to lure back voters as an election …
A U.S. trade delegation has arrived in Beijing. The group is in China to hold two days of talks, beginning Monday, focusing on how best to carry out an agreement reached by U.S. President Donald Trump and Chinese President Xi …
A surge in U.S. job creation and some reassuring words from the head of the U.S. central bank sent U.S. stocks soaring Friday. The Labor Department reported a net gain of 312,000 jobs in December, far more than economists predicted. …
Marriott International Inc said Friday that fewer than 383 million customer records were stolen in a massive cyberattack disclosed last month, down from its initial estimate that up to 500 million guests were affected. The hotel operator also said that …
It sounds like a Hollywood caper: A group of investors and officials convince European banks to loan a total of $2 billion to a resource-rich African nation trying to rebuild after a bruising civil war. The money promptly disappears, …
Asian markets rebounded Friday on hopes that upcoming trade talks between the U.S. and China will calm a trade dispute that has rattled global markets. After a global sell-off triggered by Apple’s warning of lower revenues, Hong Kong’s Hang Seng …