U.S. chipmaker Intel agreed to buy driverless technology firm Mobileye for $15.3 billion on Monday, positioning itself for a dominant role in the autonomous-driving sector after missing the market for mobile phones. The $63.54 per share cash deal is the biggest technology takeover in Israel’s history and the largest purchase …
Vietnam will test U.S. President Donald Trump’s openness to one-on-one trade deals as it starts nudging Washington for an eventual agreement to replace its role in the defunct Trans Pacific Partnership (TPP). Official media outlets in Vietnam say Prime Minister Nguyen Xuan Phuc told an American business delegation last week …
The risk of a steep slide in China’s economy has reduced, the head of a government research center said on Sunday, adding the country had moved through an “L-shaped” pattern of slowing to now “horizontal” growth. China’s economy grew 6.7 percent last year, according to the government, the slowest pace …
On Feb. 19, 2016, at a campaign rally in North Charleston, South Carolina, then-candidate Donald Trump gave a stump speech in which he railed against American jobs moving to Mexico: “We lose our jobs, we close our factories, Mexico gets all of the work,” he said. “We get nothing.” …
Thousands of Native Americans from across the Unites States marched in Washington to protest President Donald Trump’s decision to advance the construction of the Keystone XL Pipeline and Dakota Access oil pipelines. VOA’s Penelope Poulou has more. …
The first jobs report on President Donald Trump’s watch is a good one. The private sector added 235,000 jobs in February, more than expected, and a sign that the economy and consumer confidence are healthy. But the jobs report also means that higher borrowing costs, for consumers and businesses, are …
President Donald Trump is embracing government numbers he once maligned as “phony” as he tries to take credit for the latest U.S. jobs report. The new administration on Friday promoted Labor Department statistics that show U.S. employers added 235,000 jobs in February. The unemployment rate dipped to 4.7 percent from …
Foreign ministers and other officials from 25 Caribbean countries met in Havana on Friday to discuss a joint response in the face of Trump administration threats to migrants and trade. Opening remarks at the closed-door event, attended by representatives from Colombia, Mexico, Cuba and other countries in Central America and …
A World Bank arbitration panel has determined that Venezuela will not have to pay $1.4 billion to ExxonMobil for confiscating company assets during a wave of nationalizations. ExxonMobil asked the bank’s investment dispute panel for $12 billion for the seizure of its Cerro Negro facilities in the Orinoco Basin …
U.S. Commerce Secretary Wilbur Ross said on Friday he hopes to launch formal talks to renegotiate the North American Free Trade Agreement with Canada and Mexico in a little over three months. U.S. President Donald Trump was strongly critical during his election campaign of NAFTA and other trade agreements that …
New U.S. solar installations nearly doubled last year, but slowing demand for both residential and large-scale systems, falling panel prices and concerns about looming federal tax reform are still dampening investor appetite for the sector. Solar installations soared 97 percent to 14.8 gigawatts in 2016, according to a report released …
It’s a major natural disaster that slowly grows in one place and then moves across a region, gaining intensity and size. As it spreads, it destroys land, ruins agriculture and tears apart communities, and it can kill people. It’s a drought. Researchers are just beginning to view droughts as this …
China has given preliminary approval to a raft of trademark requests from President Donald Trump’s business empire, renewing concerns of ethics watchdogs that the president’s private dealings conflict with his role as leader of a world superpower, and therefore violate the U.S. Constitution. Trump attorneys filed the 38 trademark applications …
China is seeking an international agreement to enhance state control over the internet in order to fight cyberattacks and cyberterrorism. Beijing wants to extend the existing idea of sovereignty over land and sea to cyberspace. Beijing has released its first white paper discussing how it will persuade different countries to …
On Pingtung jail’s sunlit roof, prisoner No. 24 has a view of a brighter future. Ex-cop Chen, serving time for bribery, is learning how to install solar panels in a program that’s part of Taiwan’s shimmering vision of a future without nuclear power. The 48-year-old is working on a project …
U.S. Commerce Secretary Wilbur Ross said on Wednesday that substantial negotiations to revamp the North American Free Trade Agreement likely will not get started until the latter part of this year and could take a year to complete. Ross, speaking to Bloomberg Television, said U.S. legal notification requirements with partners …
The productivity of American workers grew at a slower pace in fourth quarter and last year recorded the smallest annual gain in five years. The Labor Department said Wednesday that productivity grew at a 1.3 percent annual pace from October through December, down from 3.3 percent in the third quarter. …
Home-renting site Airbnb is providing women with a new way to earn money and build businesses with more women than men on the site and women in Kenya gaining the most, the company said on Tuesday. Airbnb said women have outnumbered men using the site since its 2008 launch and …
China has granted preliminary approval for 38 new Trump trademarks, paving the way for President Donald Trump and his family to develop a host of branded businesses from hotels to insurance to bodyguard and escort services, public documents show. Trump’s lawyers in China applied for the marks in April 2016, …
Hundreds of Egyptians protested around the country on Tuesday, blocking roads and surrounding government offices, after a change to the way bread rations are managed raised fears that the government was cutting food subsidies by the back door. Bread subsidies are an explosive issue in Egypt, where over 70 million …
Brazil’s worst-ever recession intensified unexpectedly in the final quarter of 2016, data showed on Tuesday, frustrating hopes for signs of a recovery and stepping up pressure on President Michel Temer and the central bank to do more to promote growth. Brazil’s gross domestic product contracted by 3.6 percent last year, …
Swiss firms from food and beverage giant Nestle to banking groups UBS and Credit Suisse pledged new goals on Tuesday for supporting and promoting women. While Switzerland has Europe’s second-highest proportion of women in the workforce, it trails global standards on gender diversity in boardrooms and in management positions. Consultancies …
More developing countries urgently need insurance to cushion their farmers against weather extremes that can worsen poverty, but it is no magic bullet to ward off the escalating impacts of climate change, experts say. The burning question of how to stop drought becoming a major crisis — especially in Africa …
As China’s economy slows to growth rates not seen in more than a quarter of century, the country’s Communist Party rulers are under increasing pressure to create jobs. Millions enter the workforce each year, and as China tries to reduce overcapacity in steel and coal industries a growing number …
In Malawi, the head of the former ruling party is expected in court Tuesday on allegations he fraudulently granted citizenship documents to more than 50 foreigners in 2013 when he was minister of home affairs. Uladi Mussa surrendered himself Monday at the office of the Anti-Corruption Bureau, or ACB, in …
It may seem odd that the world’s largest land mammal would be afraid of bees, but Kenya-based research and conservation group Save the Elephants has used the elephants’ fear of being stung around the eyes, mouth and trunk to deter them from crop-raiding. It is doing this through “beehive fences,” …