Ford’s China Move Casts New Cloud on Mexican Automaking

A second U-turn this year by Ford Motor Co. in Mexico has raised the specter of Chinese competition for local carmaking, adding to pressure on the industry after repeated threats by U.S. President Donald Trump to saddle it with punitive tariffs. Ford announced on Tuesday it would move some production of its Focus small car to China instead of Mexico, a step that follows the U.S. automaker’s January cancellation of…

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One of China’s Richest Women Hopes to Keep Driving Culture of Philanthropy

After starting work in a hotel kitchen, Zhai Meiqin began selling furniture and built a billion-dollar conglomerate, but she took great pride in being recognized this week for driving a new phenomenon in China: philanthropy. Zhai, one of China’s richest women and president of the privately owned HeungKong Group Ltd., said she never forgot her humble upbringing in Guangzhou in southern China, where her father was an architect and her…

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Women on the Frontlines of Cambodia Land Fight

Cambodian activists fighting plans to transform Phnom Penh’s largest lake into a luxury development made a tactical decision when they took to the streets: put women on the frontline to show a “gentle” face and prevent violence. But it was wishful thinking. The women of Boeung Kak Lake, once home to a thriving community, have been kicked, manhandled, threatened and jailed, one of many land battles globally where women are…

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Agriculture Group: Drought Has Cost Italian Farmers 1 Billion Euros

Soaring temperatures and a lack of rainfall across Italy have cost farmers 1 billion euros ($1.12 billion) so far this year, the national agricultural association said on Friday. The government declared a state of emergency in the gastronomic heartland around the northern cities of Parma and Piacenza, a usually lush valley that produces tomatoes, cheese, and high-quality ham. Wine grapes growing near Venice will be harvested early, mozzarella makers near…

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China Probe of Big Companies Could Redefine Their Role Overseas

China is probing the loan practices of a group of big private sector conglomerates who have been on a high-profile global spending spree over the past few years. And although the review targets only a few of the country’s most politically-connected companies, some analysts see an attempt to increase government control over the role played by the private sector in foreign markets. “I think this is an attempt to change…

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China Takes Delivery of First Shipments of American Beef in 14 Years

China let through the first shipments of beef from the United States in 14 years on Friday, after the two nations agreed to resume the trade in May, state media reported. The imports were brought in by Cofco Meat Holdings Ltd from U.S. meat processor Tyson Foods Inc., China National Radio (CNR) reported on Friday, citing Beijing Entry-Exit Inspection and Quarantine Bureau. China officially allowed U.S. beef imports from Tuesday…

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UN to Advertisers: Go Beyond the Female Stereotypes

Demeaning images in advertising of women doing domestic chores or scantily clad act as stubborn obstacles to gender equality, the head of U.N. Women said Thursday, urging the global ad industry to become a weapon for good. Advertising has the power to create positive portrayals of women and eliminate stereotypes, Phumzile Mlambo-Ngcuka, executive director of the United Nations’ agency on women, told the Thomson Reuters Foundation. Mlambo-Ngcuka spoke from France,…

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Minnesota to Still Engage With Cuba Despite Trump Setback

Minnesota’s government and businesses will continue to engage with Cuba in the areas they can, like agricultural trade, despite U.S. President Donald Trump’s partial rollback of the detente, Lieutenant Governor Tina Smith said on Thursday. The first U.S. state representative to make an official visit to Communist-run Cuba since Trump’s announcement on Friday, Smith said authorities there were worried about the setback to bilateral relations. Leading a bipartisan trade delegation…

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Chile’s New Low-cost Airline JetSmart Plans to Sell $1.50 Tickets

JetSmart, a low-cost airline set to launch this year in Chile, said on Thursday it will offer one-way tickets for less than $2, as the nation’s passenger air market becomes increasingly competitive. “We will have 30,000 tickets for 1,000 pesos ($1.50) per one-way trip plus taxes, to fly within Chile … in 2017,” JetSmart, owned by Indigo Partners, an airline-focused U.S. investment fund Indigo Partners, said on its website. Indigo…

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Asia’s Booming Plastics Industry Prompts Ocean Pollution Fears

A booming plastics and packaging industry in Asia – including China – is being driven by rising incomes and consumption, with analysts saying a growing middle class will add to the rise in plastics demand across the region. But it comes along with a rising environmental alarm over plastic pollution in rivers and oceans. Online plastics industry websites paint a picture of growth and trade and investment worth billions of…

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