Category: Бізнес

Two key U.S. legislators want answers from Boeing and federal regulators about why the company waited more than a year to disclose that a safety alert in its 737 Max plane wasn’t working properly.    U.S. Reps. Peter DeFazio of Oregon and Rick Larsen of Washington sent letters to Boeing and the Federal Aviation Administration seeking details …

Finance ministers and central bank governors meeting in Japan this weekend will try to make headway on long-standing issues such as how much global giants like Facebook and Amazon should pay in taxes.    They’re likely to end up focusing a large share of their attention on how to keep global growth on track when …

U.S. job growth slowed sharply in May and wages rose less than expected, suggesting the loss of momentum in economic activity was spreading to the labor market, which could increase calls for the Federal Reserve to cut interest rates this year. The cool-off in hiring reported by the Labor Department on Friday was even before …

Russian President Vladimir Putin has criticized the United States for using pressure and sanctions to maintain its economic supremacy. Speaking Friday at an investment forum in St. Petersburg, Putin said the U.S. attempt to “spread its jurisdiction to the entire world” challenges the global order. He said globalization “becomes a parody of itself when common …

Italian-U.S. carmaker Fiat Chrysler on Thursday pulled the plug on its proposed merger with Renault, saying negotiations had become “unreasonable” because of  political resistance in Paris.     Fiat Chrysler Automobiles, or FCA, had stunned the markets last week with a proposed “merger of equals” with the French group that would — together with Renault’s Japanese …

The U.S. economy could be weakened by escalating trade wars or a sudden downturn in global financial markets, the International Monetary Fund (IMF) warns. In an annual review of the U.S. economy, the IMF said it was on a 2.6 percent growth track this year, greater than the 2.3 percent growth rate forecast in April. …

A rising share of older Americans is forgoing the concept of a traditional retirement at the age of 65, a trend that some younger workers aren’t particularly thrilled to see. A recent poll by The Associated Press-NORC Center for Public Affairs Research found that workers under the age of 50 were significantly more likely to …

U.S. productivity grew at a strong 3.4% rate in the January-March quarter, the best showing in more than four years, the Labor Department reported Thursday. It was an encouraging sign that productivity may finally be improving after a long stretch of weakness.   The first quarter gain was more than double the 1.3% increase in …

In a double blow for Mexico, credit ratings agency Fitch downgraded the nation’s sovereign debt rating on Wednesday, citing risks posed by heavily indebted oil company Pemex and trade tensions, while Moody’s lowered its outlook to negative. The Mexican peso weakened as much as 1.3% on the news. Cutting Mexico’s rating to BBB, nearing junk …

U.S. refiners warned the Trump administration that tariffs on imports from Mexico could deliver a punishing blow to refiners and raise the cost of gasoline just as the U.S. driving season kicks into high gear, according to sources familiar with the discussions. Trump surprised Mexico last week with a threat to impose 5% tariffs on …

Joyce Huang contributed to this report. BEIJING — Following Washington’s decision to ban Huawei and some 70 affiliates over national security concerns, China has been looking for a high-tech counterpunch to use in response. Some believe that as tensions between the world’s two biggest economies rise, Beijing is considering playing what state media have called …

The trade war between the United States and China could cut world economic growth next year, the International Monetary Fund (IMF) warned Wednesday. IMF Managing Director Christine Lagarde said U.S. President Donald Trump’s threat to tax all trade between the two countries would shrink the global Gross Domestic Product (GDP) by one-half of one percent. …

Vietnam is likely to make concessions to the United States so it can escape a U.S. watch list of possible currency manipulators and head off a hit to its fast-growing economy led by exchange rate-sensitive exports, analysts who follow the country say. The Southeast Asian country, they forecast, will probably talk to the U.S. side …

The escalating trade dispute between the United States and China could distract Beijing from dealing with nuclear North Korea and undermine its efforts to enforce international sanctions, potentially hampering the U.S. attempt to denuclearize the country, experts said. Even as the Trump administration pursues its “maximum pressure” campaign to push North Korea to denuclearize, Washington …

The U.S. Internal Revenue Service is auditing Uber Technologies’s taxes for 2013 and 2014 and the ride-hailing company expects unrecognized tax benefits to be reduced within the next year by at least $141 million. In its full quarterly report on Tuesday, Uber said various state and foreign tax authorities were also looking into its taxes …

The U.S. Commerce Department on Tuesday recommended urgent steps to boost domestic production of rare earths and other critical minerals, warning that a halt in Chinese or Russian exports could cause “significant shocks” in global supply chains. The report includes 61 specific recommendations — including low-interest loans and “Buy American” requirements for defense companies — …

VOA’s Michael Bowman contributed to this story. President Donald Trump said Tuesday he is “more likely” than not to impose a new 5% tariff on imported products from Mexico next week. Trump offered his assessment at a London news conference with British Prime Minister Theresa May. He made his comments even as U.S. and Mexican …

No more Nutella?! French workers are threatening as much, bringing the world’s biggest Nutella factory to a near-standstill in a showdown over salary negotiations. Tensions have been mounting at the site in Villers-Ecalles in Normandy, where activists from the Workers’ Force union have been barring trucks from entering or leaving the factory for a week. …

U.S. and Mexican officials warn that raising tariffs on Mexican goods to get Mexico to stem the influx of Central American migrants on the way to the U.S. border would hurt the economics of both countries. U.S. President Donald Trump has threatened to apply tariffs of 5% on all Mexican goods starting June 10, and …

Michael Bowman contributed to this report. Mexico warned Monday that President Donald Trump’s threatened new tariff on its exports to the United States would hurt both countries’ economies and cause even more Central American migrants to travel through Mexico to reach the United States. At the start of talks in Washington, Mexican officials said they …

The United States is again calling on European allies to be careful of what it says are security risks posed by Chinese telecommunication company Huawei, as countries build out their 5G networks. “We’ve been clear: our ask is that our allies and our partners and our friends don’t do anything that would endanger our shared security …

Mexican President Andres Manuel Lopez Obrador reiterated on Sunday the need for oil independence as his government said it would tender six construction contracts in June for a planned oil refinery in the southern state of Tabasco. Tensions between Mexico and the United States have been running high in recent days after President Donald Trump …