Renewables are a fast-growing part of the energy that powers the United States, but a government report shows fossil fuels still provide energy for most of the economy. The Energy Information Administration says petroleum, natural gas, and coal provided 81 percent of the energy for the world’s largest economy in …
Feted by some British newspapers as proof of a Brexit vote windfall, Britain’s recent export recovery ranks as the worst among Europe’s major economies, according to one closely-watched measure. Surveys of manufacturers across Europe published by data firm IHS Markit on Monday underlined Britain’s challenge as it tries to become …
A global Danish transport and logistics company says it has restored most of its information technology systems after experiencing a major cyberattack last week that affected companies and government agencies in more than 60 countries. A.P. Moller-Maersk says it resumed container deliveries at its major ports Monday, but said it …
A global Danish transport and logistics company says it has restored most of its information technology systems after experiencing a major cyberattack last week that affected companies and government agencies in more than 60 countries. A.P. Moller-Maersk says it resumed container deliveries at its major ports Monday, but said it …
Qatar’s stock market fell sharply Sunday as a deadline for Doha to accept a series of political demands by four Arab states was expected to expire later in the day with no sign of a resolution. The Qatari stock index sank as much as 3.1 percent in thin trading, bringing …
One of Dakar Fashion Week’s biggest events is free — a fashion show in working class neighborhood, Niary Tally. The event’s founder, Senegalese designer Adama Paris, says the so-called “Street Show” is her favorite event of the week because she gets to take fashion back to the streets where it …
India is set to rollout a momentous tax reform at midnight Friday that will transform the country of 1.3 billion people into a single market. The Goods and Services Tax (GST) will replace an entanglement of more than a dozen confusing levies with a single tax and bring down barriers …
U.S. economic growth in the first quarter of 2017 was better than expected but not by much. The Commerce Department says U.S. GDP, the broadest measure of goods and services produced in the country, grew 1.4 percent from January to March, 0.2 percent faster than the previous estimate. But many …
It looked like a hostage swap, only the currency was livestock and the mission was to end decades of deadly clashes. More than 50 sheep, goats and cows stood in the scorching heat of a desolate no-man’s land in arid northern Kenya, as Maasai and Samburu herders negotiated their handover. …
The U.S. economy grew a little faster than first thought in January, February and March. The Commerce Department said Thursday the world’s largest economy expanded at a 1.4 percent annual rate in the first quarter. This is two-tenths of a percent faster than first thought, a rate that many economists …
Many Americans in rural parts of the United States voted to elect Donald Trump as president in 2016, despite his stance against trade agreements. In the wake of the President Trump’s announcement to withdraw from the Trans Pacific Partnership Agreement, or TPP, and now curbing trade with Cuba, VOA’s Kane …
Three videos from a mobile phone that described the beatings of an Indonesian crewman aboard a Taiwan-flagged vessel led Allison Lee to find her role as an advocate for those afflicted: migrant fishermen. Lee, the co-founder of the Yilan Migrant Fishermen Union, was recognized by the United States for …
The Federal Reserve has given the green light to all 34 of the biggest banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn. It was the first time in seven years of annual “stress tests” …
Iceland spent nearly a decade trying to keep foreign money in the country after a financial collapse, now it is trying to keep some of it out. The economy is booming again and hedge funds and other foreign investors want exposure to a surging tourism sector, banks, property, infrastructure and …
Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory for a month to give himself time to adjust. Jain is one of millions of small business owners who face wrenching change …
European regulators fined Google a record 2.42 billion euros ($2.72 billion) for abusing its dominance of the online search market in a case that could be just the opening salvo in Europe’s attempt to curb the company’s clout on that continent. The decision announced Tuesday by the European Commission punished …
President Donald Trump on Tuesday hailed an energy revolution marked by surging U.S. exports of oil and natural gas. Trump cited a series of steps the administration has taken to boost energy production and remove government regulations that he argues prevent the United States from achieving “energy dominance” in the …
President Donald Trump on Thursday will lay out his plan for reducing regulations to boost already-abundant U.S. production of oil, natural gas and coal and export it around the world, creating American jobs and helping allies. Trump will deliver an address on his administration’s new mantra of “energy dominance” at …
New York City real estate companies’ attempts to rename a Harlem neighborhood “SoHa” have enraged longtime residents of the historically black enclave, who say the move erases the community’s rich cultural history. The neighborhood served as home and inspiration to generations of leading African-Americans, including activists W.E.B. Du Bois and …
Making agriculture profitable and “cool” for young people in Africa is key to lifting millions out of poverty and stemming migration to Europe, said the president of the African Development Bank (AfDB). Akinwumi Adesina was named the winner of this year’s World Food Prize on Monday for his decades-long work …
The Federal Reserve’s little-known role housing the assets of other central banks comes with a unique benefit to the United States: It serves as a source of foreign intelligence for Washington. Senior officials from the U.S. Treasury and other government departments have turned to these otherwise confidential accounts several times …
A study by aviation experts says the number of non-military drones will grow very quickly over the next 10 years, as investment soars and capability improves. Drones are unmanned aircraft, remotely controlled by a person on the ground, rather than a pilot on board the vehicle. The Teal Group says around …
China and Vietnam face a stiff new test in avoiding a showdown over undersea oil drilling after Beijing cut short a high-level meeting last week, but experts say the two sides will eventually patch things over. Fan Changlong, vice chairman of China’s Central Military Commission left early from a “defense …
The global economy has picked up and prospects for the next few months are the best in a long time. But the recovery is maturing and faces risks from populist rejection of free trade and from high debt that could burden consumers and companies as interest rates rise. …
A second U-turn this year by Ford Motor Co. in Mexico has raised the specter of Chinese competition for local carmaking, adding to pressure on the industry after repeated threats by U.S. President Donald Trump to saddle it with punitive tariffs. Ford announced on Tuesday it would move some production …
After starting work in a hotel kitchen, Zhai Meiqin began selling furniture and built a billion-dollar conglomerate, but she took great pride in being recognized this week for driving a new phenomenon in China: philanthropy. Zhai, one of China’s richest women and president of the privately owned HeungKong Group Ltd., …