Along the Iraqi banks of the Euphrates river, one question dominates the conversation. What killed the fish? Thousands of tons of freshwater carp have washed up dead this month, leaving…
more ...Fed Likely to Keep Rates on Hold and Sketch A Bright Outlook
With the economy strong, wages rising and unemployment at a near-five-decade low, the Federal Reserve remains on track to keep raising interest rates – just not this week. After the…
more ...China, Pakistan Agree to Conduct Bilateral Trade in Yuan
China has agreed to carry out bilateral trade with Pakistan in the Chinese yuan instead of the U.S. dollar to help ease the South Asian ally’s financial and economic woes. The…
more ...Xi Pledges to Open Chinese Market
Chinese President Xi Jinping said Monday that China would take steps to widen access to its markets as he opened a huge trade fair amid criticism from other countries about…
more ...New Orleans Restaurateur Aims for Inclusivity in New Venture
When employees enter Saba — an Israeli restaurant started by award-winning chef Alon Shaya — they pass by the company’s mission statement, which emphasizes the importance of a safe and…
more ...China Seeks to Rebrand Global Image With Import Expo
Facing a blizzard of trade complaints, China is throwing an “open for business” import fair hosted by President Xi Jinping to rebrand itself as a welcoming market and positive global force. …
more ...Record Imports Balloon US Trade Deficit in September
A hungry American economy powered by a strong U.S. dollar saw record imports in September, driving the U.S. trade deficit to its highest level in seven months, the government reported…
more ...US Added 250,000 Jobs, Wage Growth Fastest Since 2009
U.S. employers added a stellar 250,000 jobs last month and boosted average pay by the most in nearly a decade in an effort to attract and keep workers. The…
more ...Trump Signs Sanctions Order Targeting Venezuela’s Gold Exports
Washington ratcheted up pressure on Venezuela’s leftist President Nicolas Maduro on Thursday with new measures aimed at disrupting the South American country’s gold exports, U.S. national security adviser John Bolton…
more ...Wall Street Gains Ground After Selloff, but Tech Falters as Apple Slips
U.S. stocks rose on Thursday, as robust earnings reports supported a third day of recovery from a bruising selloff in October, but a drop in Apple’s shares ahead of results…
more ...White House Adviser: More US Tariffs on China Goods Not ‘Set in Stone’
U.S. President Donald Trump has not “set in stone” any decisions on escalating tariffs on Chinese goods and may withdraw some duties if there are promising policy discussions with China,…
more ...Trump Carbon Plan Attacked by Coastal States, Lauded by Coal Interests
President Donald Trump’s proposal to replace an Obama-era policy to fight climate change with a weaker plan allowing states to write their own rules on emissions from coal-fired power plants…
more ...Cuba Says Investor Interest Up Despite US Hostility
Cuba’s foreign trade and investment minister said on Wednesday the country had signed nearly 200 investment projects worth $5.5 billion since it slashed taxes and made other adjustments to its…
more ...Fitch Shifts Mexico Debt Outlook From Stable to Negative
Fitch Ratings changed its outlook on Mexico’s long-term foreign-currency debt issues Wednesday from “stable” to “negative,” citing the potential policies of President-elect Andres Manuel Lopez Obrador. The leftist Lopez Obrador…
more ...Facebook 3Q Revenue Slightly Below Expectations
Facebook is reporting a slight revenue miss but stronger than expected profit in its third-quarter earnings report. Coming three months after the company’s stock suffered its worst one-day drop…
more ...US Presence at Cuba Trade Fair Dwindles Given Trump Hostility
A yellow excavator, forklift and other heavy equipment made by U.S. firm Caterpillar gleam outside Cuba’s annual trade fair, reflecting once-bright hopes for increased U.S.-Cuban commerce fanned by the 2014…
more ...Tehran Courts Ankara in Effort to Ease US Sanctions
Tehran is courting Ankara in a bid to ease the impact of renewed U.S. sanctions against Iran. On Tuesday, Turkey, a principal importer of Iranian energy, reaffirmed its opposition to…
more ...General Electric Reveals Deeper Regulatory Probe, Restructuring
General Electric slashed its quarterly dividend to a penny a share, promised to restructure its power unit and said it faced a deeper accounting probe as new Chief Executive Larry…
more ...Companies Rule Out Interest in Alitalia, in Blow to Rescue Plan
Major companies on Tuesday ruled out involvement in a new rescue of Alitalia, complicating a plan led by Rome in which state-controlled railway Ferrovie dello Stato (FS) will bid for…
more ...Zimbabwean Widows Punished by Tribal Courts for Selling Gold-rich Land
When massive gold deposits were discovered about a decade ago in Chimanimani, eastern Zimbabwe, the rural district became famous for attracting hundreds of artisanal miners from across the country every…
more ...US Survey: What Pay Gap? Men Less Aware of Women’s Workplace Struggles
Far more men than women think their companies offer equal pay and promote the sexes equally, yet younger generations are wising up, a U.S. entertainment industry survey found on Monday.…
more ...Scientists: Producing Bitcoin Currency Could Void Climate Change Efforts
Demand for bitcoin could single-handedly derail efforts to limit global warming because the increasingly popular digital currency takes huge amounts of energy to produce, scientists said on Monday. Producing bitcoin…
more ...US Restricts Exports to Chinese Semiconductor Firm Fujian Jinhua
Opening a new front in its trade and technology disputes with China, the Trump administration on Monday took action to cut off a Chinese state-backed semiconductor maker from U.S. exports…
more ...Iran Silent on S. Korea’s Hyundai Quitting Major Construction Project
South Korean conglomerate Hyundai’s cancellation of a major Iran construction project due to problems related to U.S. economic sanctions has been met with silence in Iranian media. In a brief…
more ...China’s Yuan Sinks to 10-Year Low Against Dollar
China’s yuan sank to a 10-year low against the dollar on Monday, coming close to breaking the politically sensitive level of seven to the U.S. currency. The yuan declined to…
more ...Taxi Service Offering Security, Comfort and Privacy
In Arabic, Annisa means an unmarried woman. And in Kenya, Annisa has become the first taxi-hailing service run by women. The new service targets women who don’t feel comfortable or…
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