Brazil’s government said late Thursday that a deal had been reached with truckers to suspend a 4-day-old strike that caused fuel shortages, cut into food deliveries, backed up exports and threatened airline flights. Eliseu Padilha, chief of staff for President …
U.S. President Donald Trump signed into law Thursday a measure that eases rules imposed on banks in the aftermath of the 2008 financial crisis and the Great Recession. The law relaxes regulations and oversight on banks with assets below $250 …
Even though the United States is one of the richest and most technologically advanced countries in the world, about 45 million Americans live below the poverty line. In Buffalo, New York, a once-prosperous city that has fallen on hard-times, one-third …
Germany’s struggling Deutsche Bank is slashing thousands of jobs as it reshapes its stocks trading operation and refocuses its global investment banking business on its European base. The bank said Thursday it would cut its workforce from 97,000 to “well …
Amazon, Starbucks, Vulcan and other companies have pledged a total of more than $350,000 toward an effort to repeal Seattle’s newly passed tax on large employers intended to combat homelessness. Just days after the Seattle City Council approved the levy, …
Starbucks Corp. on Wednesday revealed details of the employee anti-bias training program that will take place behind closed doors at 8,000 U.S. company-owned cafes on the afternoon of May 29. Starbucks announced plans to shutter stores and corporate offices to …
U.S. President Donald Trump said on Wednesday “a different structure” is needed in trade negotiations with China, but he did not provide further details on the kind of change he seeks. “Our trade deal with China is moving along nicely,” …
This week marks six months since Zimbabwe President Emmerson Mnangagwa took office, after Robert Mugabe gave in to military pressure and resigned. During the weekend, the 75-year-old Mnangagwa told supporters that since he took over, a lot had improved. He …
Ethiopia’s state-run telecoms monopoly has agreed to allow some local firms to provide internet services through its infrastructure, a move seen as spurring competition and expanding the data market, officials said. Ethio Telecom has more than 16 million subscribers of …
Turkey’s currency has fallen to a record low against the dollar amid concerns about an outflow of investor capital and the country’s ability to manage the situation. The lira weakened to over 4.80 per dollar on Wednesday, down some 5 …
Households are feeling more stable, small businesses are making money and many expect to expand and hire in the coming year, signs of continued optimism in two key parts of the economy, the Federal Reserve reported Tuesday in a pair …
The Trump administration is preparing to publish on Thursday long-delayed proposed rule changes for the export of U.S. firearms, a State Department official said on Tuesday. The rule changes would move the oversight of commercial firearm exports from the U.S. …
U.S. President Donald Trump said Tuesday “there is no deal” yet to lift the seven-year ban on the sale of American-made components to the giant Chinese telecommunications company ZTE, but that there might be a settlement as part of ongoing …
Glancing constantly at his rear view mirror, truck driver “El Flaco” journeys the highways of Mexico haunted by the memory of when he was kidnapped with his security detail by bandits disguised as police officers two years ago. Back then, …
U.S. President Donald Trump says American farmers will be big beneficiaries of more trade with China. “Under our potential deal with China, they will purchase from our Great American Farmers practically as much as our Farmers can produce,” Trump said …
China’s state media are playing up what it says is a trade war truce and de-escalation in tensions after negotiators from Washington and Beijing agreed to hold off on tariffs and “substantially reduce” the U.S. trade deficit. However, economists and business …
Washington is digesting China’s stated intention to purchase more American goods and reduce the trade imbalance between the two countries. VOA’s Michael Bowman reports, last week’s talks between U.S. and Chinese negotiators did not yield specific commitments from Beijing in …
South Korea’s fourth-largest conglomerate, LG Group, said its Chairman Koo Bon-moo did Sunday. Koo, 73, had been struggling with an illness for a year, LG Group said in a statement. “Becoming the third chairman of LG at the age of …
China and the United States said Saturday that they had reached consensus on steps to substantially reduce the U.S. trade deficit with Beijing. The announcement followed high-level talks in Washington and U.S. allegations that unfair Chinese trade practices meant the …
India and the European Union have given the World Trade Organization lists of the U.S. products that could incur high tariffs in retaliation for U.S. President Donald Trump’s global tariffs on steel and aluminum, WTO filings showed Friday. The EU …
China has dropped an anti-dumping investigation and given long awaited approval for the sale of Toshiba’s memory chip business, in gestures that could suggest a thaw between Beijing and the U.S. as trade talks resumed in Washington. The Commerce Ministry …
The European Commission is proposing that EU governments make direct money transfers to Iran’s central bank to avoid U.S. penalties, an EU official said, in what would be the most forthright challenge to Washington’s newly reimposed sanctions. The step, which …
Switzerland’s government has requested a report into the risks and opportunities of launching its own cryptocurrency, a so-called “e-franc” that would use technology similar to privately launched coins like bitcoin but have backing of the state. The lower house of …
The United States sought on Thursday to further choke off funding sources for Iranian-backed Hezbollah, imposing sanctions on its representative to Iran, as well as a major financier and his five companies in Europe, West Africa and the Middle East. …