Tesla co-founder Elon Musk and Mexico’s tequila producers could be headed for a collision after the agave-based drink’s industry group opposed the flamboyant billionaire’s efforts to trademark an alcoholic drink…
more ...In Factory After Factory, Kim Tries to Grow N. Korea Economy
For North Korean factory managers, a visit by leader Kim Jong Un is the highest of honors and quite possibly the most stressful event imaginable. The chief engineer at the…
more ...EU Court Rules Taste Cannot Be Copyrighted
The European Union’s highest court has ruled that the taste of a food cannot be protected by copyright. The European Court of Justice said Tuesday “the taste of a food…
more ...US October Budget Deficit Jumps to $100.5 Billion
The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar. The Treasury Department said Tuesday that the deficit shot up 59 percent from the same month a…
more ...Gin Up, South Africa: Gin Craze Going Big
A recent proliferation of craft gins and new distilleries has taken over South Africa’s bar scene. But this is not your average gin, distillers say: South African gin is infused…
more ...Ocean Shock: In Land of Sushi, Squid Moves Out of Reach
This is part of “Ocean Shock,” a Reuters series exploring climate change’s impact on sea creatures and the people who depend on them. Takashi Odajima picked up a cracked and…
more ...Study: Millions of Small Asian Farmers Miss Out on Seeds Resilient to Climate Change
Millions of smallholder farmers in South and Southeast Asia are missing out on new, resilient seeds that could improve their yields in the face of climate change, according to an…
more ...Tech Giants Slide, Pulling US Stock Market Sharply Lower
A broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking more than 600 points off the Dow Jones Industrial Average. The wave of selling snared big…
more ...Bolsonaro: Brazil Pension Reform Legislation Unlikely in 2018
Brazil’s Congress is unlikely to pass pension reform legislation this year, far-right President-elect Jair Bolsonaro said on Monday, a blow to investor hopes that caused the country’s currency to weaken…
more ...Amazon HQ Favorites: Similar Basics, Different Vibes
The communities said to be favored to become homes to a pair of big, new East Coast bases for Amazon are both riverfront stretches of major metropolitan areas with ample…
more ...UK PM May Stares into Brexit Abyss as Domestic Opposition Mounts
Prime Minister Theresa May’s Brexit strategy came under attack from all sides on Monday, increasing the risk that her plan for leaving the EU will be voted down by parliament…
more ...Japan’s Abe Calls for Public Works Spending to Help Economy
Japan’s Prime Minister Shinzo Abe called Monday for a new public works spending program to stimulate the economy amid growing concerns about global risks. The spending, which is expected in the first…
more ...Oman Oil Minister: Majority of OPEC and its Allies Support Cut
A majority of OPEC and allied oil exporters support a cut in the global supply of crude, Oman Oil Minister Mohammed bin Hamad al-Rumhi said on Sunday. “Many of us…
more ...SWIFT System to Disconnect Some Iranian Banks This Weekend
The Belgium-based SWIFT financial messaging service will be disconnecting some Iranian banks this weekend, said SWIFT chief executive Gottfried Leibbrandt at an event in Paris on Friday. Earlier this week,…
more ...India’s Royal Enfield Targets Tripling of US Sales This Year
India-based motorcycle brand Royal Enfield expects sales in its new North American business to almost triple this year and is aiming to dominate the market for middleweight bikes into which…
more ...Vietnam’s Bamboo Airways Expects to Get Aviation License Next Week
Vietnam’s new carrier Bamboo Airways expects to finally get an aviation license next week and start flying within weeks, the chairman of its parent firm said on Thursday. The airline…
more ...Tesla Says Robyn Denholm of Telstra to be new Board Chair
Tesla said Thursday that its new board chair replacing Elon Musk will be Robyn Denholm of Australia’s Telstra. The appointment to the full-time position takes effect immediately though Denholm…
more ...Tech, Health Care Lead US Stock Surge After Midterms
Stocks rallied Wednesday as investors were relieved to see that the U.S. midterm elections went largely as they expected they would. Big-name technology and consumer and health care companies soared…
more ...Global Stocks Gain Ground After US Midterm Elections
Global stocks were higher Wednesday after the outcome of the U.S. midterm elections met investors’ expectations. Despite Democratic gains in the U.S. House of Representatives, few anticipate reversals of President…
more ...China Grants 18 Trademarks in 2 Months to Trump, Daughter Ivanka
The Chinese government granted 18 trademarks to companies linked to President Donald Trump and his daughter Ivanka Trump over the last two months, Chinese public records show, raising concerns about…
more ...Ocean Shock: Fish Flee for Cooler Waters, Upending Lives in US South
This is part of “Ocean Shock,” a Reuters series exploring climate change’s impact on sea creatures and the people who depend on them. Creedence Clearwater Revival’s “Fortunate Son” drifts from…
more ...Brazil Economy Key to Bolsonaro Win, But Will He Deliver?
Key to Jair Bolsonaro’s recent election victory was the support of Brazil’s business community, which coalesced around him because he promised to overhaul Latin America’s largest economy and address its…
more ...Pompeo Allows Sanctions Exception for Iran Port Development
The top U.S. diplomat has granted an exception to certain U.S. sanctions that will allow the India-led development of a port in Iran as part of a new transportation corridor…
more ...China Projected to Become Top Travel Destination by 2030
China is set to overtake France as the world’s top tourist destination by 2030 as a growing middle class in Asia looks to spend more on travel, according to experts…
more ...EU-Japan Trade Deal Clears Hurdle on Way to 2019 Start
European Union and Japanese plans to form the world’s largest free trade area cleared a significant hurdle Monday when EU lawmakers specializing in trade backed a deal that could enter…
more ...China’s Xi Promises to Raise Imports Amid Trade Row With US
Chinese President Xi Jinping promised on Monday to lower tariffs, broaden market access and import more from overseas at the start of a trade expo designed to demonstrate goodwill amid…
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