A new report by Britain’s Growth and Development Commission offered a mix of both good and bad news for poor countries: some of the countries in the report have achieved…
more ...China Tech Firms Pledge to End Sexist Job Ads
Chinese tech firms pledged on Monday to tackle gender bias in recruitment after a rights group said they routinely favored male candidates, luring applicants with the promise of working with…
more ...Luxury Fashion Brands Criticized Over Supply Chain Slavery Risk
Luxury fashion houses Dior, Chanel and Dolce & Gabbana are among the least transparent of the major retailers when it comes to providing information about their supply chains, according to…
more ...Zimbabwe Nurses Return to Work After Strike
Around 16,000 nurses in Zimbabwe resumed work Monday, bringing to an end one week of strikes that affected health services in the country. Zimbabwe’s health ministry said the situation had…
more ...China’s Didi Chuxing Launches Ride Service in Mexico
Chinese ride-hailing firm Didi Chuxing on Monday began offering its service in the Mexican city of Toluca, the company said, setting up a potentially costly battle with rival Uber Technologies…
more ...Sources: Arrested Chevron Workers Could Face Treason Charge in Venezuela
Two Chevron Corp. employees detained in Venezuela last week could be charged with treason for refusing to sign a parts contract for a joint venture with state-owned oil company PDVSA,…
more ...Facebook Says It is Taking Down More Material About ISIS, al-Qaida
Facebook said on Monday that it removed or put a warning label on 1.9 million pieces of extremist content related to ISIS or al-Qaida in the first three months of…
more ...EU Seeks to Join China-US Steel Dispute at WTO
The European Union asked on Monday to join a dispute brought by China to the World Trade Organization over U.S. import tariffs on steel and aluminum, just over a week…
more ...Odebrecht Unit Vows to Fight Sanctions Imposed by Mexico
The Mexican unit of Brazilian construction firm Odebrecht said on Monday it will fight the sanctions announced last week by the Mexican government, dismissing them as unfair and unjustified. Mexico…
more ...Technology is Latest Trend Reshaping Fashion
Technology is permeating and changing almost every industry, including fashion. From how clothes are made and purchased to your relationship with what you wear, computing power is reshaping fashion as…
more ...App Helps Traveling Muslims Find a Mosque
Muslims who are traveling and looking for a place to pray can now turn to their smart phones for help. A mobile app, called Islamic GPS, helps users find mosques around…
more ...Bloomberg Donating $4.5 Million to Support Paris Climate Accord
Former New York City Mayor Michael Bloomberg announced Sunday he is giving $4.5 million to the United Nations Climate Change Secretariat to cover a U.S. government funding gap for the…
more ...World Bank Shareholders Back $13 billion Capital Increase
The World Bank’s shareholders on Saturday endorsed a $13 billion paid-in capital increase that will boost China’s shareholding but bring lending reforms that will raise borrowing costs for higher-middle-income countries,…
more ...Russia Considers Banning Facebook After Blocking Telegram
Russia says it may block Facebook if the social media company does not put its Russian user database on servers in Russian territory. The warning Wednesday by the head of…
more ...EU, Mexico Reach New Free Trade Deal
The European Union and Mexico reached an agreement Saturday on a new free trade deal, a coup for both parties in the face of increased protectionism from the United States…
more ...IMF Says Trade Tensions, Debt Load Threaten World Economy
The International Monetary Fund’s policymaking committee said Saturday that a strong world economy was threatened by increasing tension over trade and countries’ heavy debt burden. Longer-term prospects are clouded, it…
more ...US Treasury Secretary Weighs China Trip for Trade Talk
U.S. Treasury Secretary Steven Mnuchin said Saturday that he was contemplating a visit to China for discussions on issues that have global leaders concerned about a potentially damaging trade war. “I…
more ...China: No Military Aim of Corridor Project With Pakistan
China has strongly refuted suggestions its multibillion-dollar economic corridor now under construction with Pakistan has “hidden” military designs as well. Beijing has pledged to invest about $63 billion in…
more ...Plastic: If It’s Not Keeping Food Fresh, Why Use It?
The food industry uses plastic to wrap its products in many places around the world. Plastic manufacturers say that keeps produce and meat fresh longer, so less goes bad and…
more ...France: EU Needs Full Exemption from US Tariffs
The European Union needs to be exempted from steel and aluminum tariffs announced by the United States in order to work with Washington on trade with China, France’s Finance Minister…
more ...DOJ: Did AT&T, Verizon Make it Hard to Switch?
The Justice Department has opened an antitrust investigation into whether AT&T, Verizon and a standards-setting group worked together to stop consumers from easily switching wireless carriers. The companies confirmed…
more ...Antitrust Probe Targets AT&T, Verizon, Paper Reports
The U.S. Justice Department has opened an antitrust probe into potential coordination by AT&T, Verizon and a telecommunications standards organization to hinder consumers from easily switching wireless carriers, The New York Times reported…
more ...Report: Sanctions-Hit Russian Firms Seek $1.6B in Liquidity
Russian companies hit by U.S. sanctions, including aluminum giant Rusal, have asked for 100 billion rubles ($1.6 billion) in liquidity support from the government, Finance Minister Anton Siluanov was quoted by the…
more ...Wells Fargo to Pay $1B to Settle Customer Abuse Charges
American banking giant Wells Fargo has agreed to pay federal regulators $1 billion to settle charges that it failed to identify and avert problems related to its mortgage and auto…
more ...Scientists Coax Plastic-Munching Enzyme to Eat Faster
Recently, the world was stunned to learn that an island of mostly plastic trash, floating in the Pacific Ocean, grew to the size of France, Germany and Spain combined. Because…
more ...Reports: $1B Fine for Wells Fargo for Illegal Sales
U.S. news reports say Wells Fargo will be fined as much as $1 billion for illegally selling customers car insurance policies they did not want or need, and for charging…
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