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Month: September 2018

NAFTA Deal Not Yet in Sight, Canada Stands Firm on Auto Tariffs

09/20/2018 Ranbiz

Canada and the United States showed scant sign on Thursday of closing a deal to revamp NAFTA, and Canadian officials made clear Washington needed to withdraw a threat of possible…

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Analysts: Poor Economy, Unemployment Lure Tunisians to Extremism

09/20/2018 Ranbiz

Seven years after the Arab Spring, little has been done to address youth unemployment in Tunisia, a key factor in extremist groups’ ability to recruit marginalized youth, rights groups and experts warn.…

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EU Getting ‘Impatient’ with Facebook Over Consumer Data Use

09/20/2018 RanIT

The European Union’s consumer protection chief said Thursday she’s growing impatient with Facebook’s efforts to improve transparency with users about their data, warning it could face sanctions for not complying.…

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Scrounge for Workers Sees US Jobless Claims Hit 48-Year Low

09/20/2018 Ranbiz

New U.S. claims for jobless benefits fell for the third week in a row, hitting their lowest level in nearly 49 years for the third straight week, the Labor Department…

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For My Birthday, Please Give: Facebook Feature Raises Cash for Causes

09/20/2018 RanIT

When Behnoush Babzani turned 35, she threw a party. She also used her birthday to ask friends to donate to a cause she cares about deeply: helping people who need…

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Facebook’s Birthday Fundraiser Feature Brings Smiles to Charitable Causes

09/20/2018 RanIT

Facebook has always been a convenient way to send birthday wishes to friends. But many users have started taking advantage of a new feature introduced a year ago by the…

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Report: Extreme Poverty Declining Worldwide 

09/20/2018 Ranbiz

The world is making progress in its efforts to lift people out of extreme poverty, but the global aspiration of eliminating such poverty by 2030 is unattainable, a new report…

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China’s Alibaba Scraps Plan to Create 1M US Jobs

09/19/2018 Ranbiz

Alibaba Chairman Jack Ma said Wednesday that the Chinese e-commerce giant had canceled plans to create 1 million jobs in the U.S., blaming the ongoing trade war for the decision,…

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Chinese Entrepreneur Rescinds Offer to Create 1 Million US Jobs

09/19/2018 Ranbiz

Chinese technology billionaire Jack Ma has rescinded his offer to create 1 million new jobs in the United States, saying it is no longer possible with the escalation of trade…

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Canada Wants to See Flexibility in NAFTA Talks With US

09/19/2018 Ranbiz

Canada said on Wednesday that it would need to see movement from the United States if the two sides are to reach a deal on renewing NAFTA, which Washington insists…

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Kenya’s Finance Minister Cuts Spending, Money Transfer Taxes to Rise

09/19/2018 Ranbiz

Kenya’s Finance Minister Henry Rotich has cut the government’s spending budget by 55.1 billion shillings ($546.90 million), or 1.8 percent, for the fiscal year from July this year, a Treasury…

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Amazon’s Use of Merchant Data Under EU Microscope

09/19/2018 RanIT

EU regulators are quizzing merchants and others on U.S. online retailer Amazon’s use of their data to discover whether there is a need for action, Europe’s antitrust chief said on…

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Report: Cryptocurrency Exchanges at Risk of Manipulation

09/19/2018 Ranbiz

Several cryptocurrency exchanges are plagued by poor market surveillance, pervasive conflicts of interest and lack sufficient customer protections, the New York Attorney General’s office said in a report published on…

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Kenya Taxi Drivers Create New Ride Hailing App

09/19/2018 RanIT

In Kenya, a new taxi hailing app developed by local taxi drivers is in its fourth month of operation in Nairobi. Dubbed BebaBeba by the Drivers and Partners Association of…

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Translation Apps and Devices Take Off As Travelers Look to Connect

09/19/2018 RanIT

How to communicate with someone who speaks a different language?  It’s an age-old problem. But now with an explosion of translation apps and devices, Michelle Quinn reports that overcoming language…

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Argentina’s Fernandez: ‘Dig Up My Home But You Won’t Find Illicit Funds’

09/19/2018 Ranbiz

Argentina’s ex-President Cristina Fernandez said on Tuesday that she never received corrupt payments and challenged investigators to scour her home region of Patagonia if they believed she had hidden cash,…

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Venezuela Doubles Down on Chinese Money to Reverse Crisis

09/19/2018 Ranbiz

Venezuelan President Nicolas Maduro said Tuesday that new investments from China will help his country dramatically boost its oil production, doubling down on financing from the Asian nation to turn…

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European Nations Plan to Use More Hydrogen for Energy Needs

09/19/2018 Ranbiz

Dozens of European countries are backing a plan to increase the use of hydrogen as an alternative to fossil fuels to cut the continent’s carbon emissions.   Energy officials from…

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Audi Launches Electric SUV in Tesla’s Backyard

09/18/2018 RanIT

German luxury car brand Audi this week staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla, and highlighted a deal with…

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Ukrainians Relive Bloodshed of Kyiv’s Maidan in Virtual Reality

09/18/2018 RanIT

A volunteer medic and the man whose life he saved. A lawmaker whose Facebook post calling for protests in Kyiv’s Maidan square helped bring down a president. These are some…

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Will Flying Cars Take Off? Japan’s Government Hopes So

09/18/2018 RanIT

Electric drones booked through smartphones pick people up from office rooftops, shortening travel time by hours, reducing the need for parking and clearing smog from the air. This vision of…

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Africa’s Youth Population, Poverty Spurs Gates Foundation’s Giving

09/18/2018 Ranbiz

Africa has the globe’s fastest-growing youth population as well as 10 of the poorest countries, a volatile combination that warrants making it “the world’s most important priority for the foreseeable…

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ADB Ramps Up Pacific Presence as Aid Donors Jostle for Influence

09/18/2018 Ranbiz

The Asian Development Bank said on Tuesday it is expanding its presence in the Pacific islands, at a time of competition for influence there, opening seven new country offices and…

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In Florence’s Wake, Uncertainty Haunts Migrant Workers

09/18/2018 Ranbiz

Francisco Javier Jaramillo and Victor Chavez should be picking sweet potatoes at a North Carolina farm and sending much-needed money to their families in Mexico. Instead, Hurricane Florence has forced…

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SpaceX’s First Private Passenger is Japanese Fashion Magnate Maezawa

09/18/2018 RanIT

SpaceX, Elon Musk’s space transportation company, on Monday named its first private passenger as Japanese businessman Yusaku Maezawa, the founder and chief executive of online fashion retailer Zozo. A former…

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As Midterms Near, Trump Gambles on his Hardline Trade Policy

09/18/2018 Ranbiz

Farmers worry about falling crop prices and lost sales overseas. Manufacturers fear rising costs and new foreign taxes on their exports. American allies overseas are furious.   By any conventional…

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