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Month: January 2019

China Gives Long-awaited GM Crop Approvals Amid US Trade Talks

01/09/2019 Ranbiz

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…

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Venezuela Congress Slams Oil Deals with US, French Companies

01/09/2019 Ranbiz

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…

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World Bank Cuts Forecast for World Economic Growth in 2019

01/09/2019 Ranbiz

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…

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Peru AG Resigns After Outcry Over Odebrecht Probe

01/08/2019 Ranbiz

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…

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Activists Warn of Gaps as EU Lifts Ban Threat on Thai Fishing Industry

01/08/2019 Ranbiz

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…

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We’re Techy, too! Deere, Tide Maker Head to CES Gadget Show

01/08/2019 RanIT

The companies founded by blacksmith John Deere and candle-and-soap-making duo Procter & Gamble may not be the hip purveyors of new technology they were in 1837. But they’re first-time exhibitors…

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At Consumer Electronics Show, Sensors and Robots are the Stars

01/08/2019 RanIT

More than 4,000 exhibitors from 155 countries are in Las Vegas this week for the Consumer Electronics Show, one of the year’s biggest conventions for companies to show off their…

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Giving Up Gas: China’s Shenzhen Switches to Electric Taxis

01/08/2019 RanIT

One of China’s major cities has reached an environmental milestone: an almost entirely electric-powered taxi fleet. The high-tech hub of Shenzhen in southern China announced at the start of this…

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Zimbabwe’s Hospitals Turn Away Patients as Doctors’ Strike Drags On

01/08/2019 Ranbiz

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…

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US Expresses Optimism About Trade Talks with China

01/08/2019 Ranbiz

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…

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Mexico Fuel Theft Crackdown Sparks Shortages, Puts Govt. on Defensive

01/08/2019 Ranbiz

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…

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Amazon Emerges as Most Valuable US Firm Amid Market Turmoil

01/08/2019 Ranbiz

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…

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Home Items Get Smarter and Creepier, Like It or Not

01/08/2019 RanIT

One day, finding an oven that just cooks food may be as tough as buying a TV that merely lets you change channels. Internet-connected “smarts” are creeping into cars, refrigerators,…

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Modi Plans Job Quotas for Less Well-Off Indians as Election Nears

01/07/2019 Ranbiz

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…

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US Commerce Secretary: US, China Can Reach Trade Deal ‘We Can Live With’

01/07/2019 Ranbiz

U.S. Commerce Secretary Wilbur Ross predicted on Monday that Beijing and Washington could reach a trade deal that “we can live with” as officials from the world’s two largest economies…

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One More Sign K-Pop Is Here to Stay, a Contract With Mattel

01/07/2019 Ranbiz

The trappings of success continue to arrive for K-pop sensation BTS, the latest a contract with the toy company Mattel which secured rights to produce dolls of the boy band.…

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Britain Tests Emergency Plans as No-Deal Brexit Edges Closer 

01/07/2019 Ranbiz

The chances of Britain crashing out of the European Union by default with no deal in place are growing, as lawmakers appear unlikely to support the deal Prime Minister Theresa…

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Mastercard to Drop Its Name From Logo

01/07/2019 Ranbiz

What’s in a name? For MasterCard, not enough to keep it in the logo. The company is removing the word Mastercard from the pair of interlocking red and yellow circles…

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Tesla Breaks Ground on Shanghai Factory

01/07/2019 RanIT

Tesla broke ground Monday on a new factory for its electric cars in China, the first of its factories to be located outside the United States. Chief Executive Elon Musk…

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US Gadget Love Forecast to Grow Despite Trust Issues

01/07/2019 RanIT

The trade group behind the Consumer Electronics Show set to start the Tuesday forecast that US gadget love will grow despite trust and privacy issues hammering the tech world. The…

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US Delegation Arrives in Beijing for Trade Talks

01/06/2019 Ranbiz

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…

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China Upbeat Ahead of US Trade Talks, But Differences Large

01/06/2019 Ranbiz

China has sounded a positive note ahead of trade talks this week with Washington, but the two sides face potentially lengthy wrangling over technology and the future of their economic…

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At Major Tech Show, a Chance for Small Startups to Shine

01/05/2019 RanIT

Every January, tech insiders head to Las Vegas, Nevada where the biggest tech companies show off their latest devices at the Consumer Electronics Show (CES). Smaller start-ups also vie for…

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Green Technology Provides Safe Drinking Water for Thousands of Rohingya Refugees

01/05/2019 RanIT

Thousands of Rohingya refugees in Cox’s Bazar, Bangladesh, now have safe drinking water thanks to a combination of green technology and sunlight. Cox’s Bazar has plenty of refugees. More than…

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Weather Channel App Sued, Accused of Selling Users’ Data

01/05/2019 RanIT

People relied on the most popular mobile weather app to track forecasts that determined whether they chose jeans over shorts and packed a parka or umbrella, but its owners used…

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Surge in US Job Creation, Fed Reassurance Boosts Stocks

01/04/2019 Ranbiz

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…

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