Sunday 28 May 2017
January 21, 2017
Chinese Billionaire Does Not See China-US Trade War
The chairman of China’s Alibaba Group, Jack Ma, says he does not think the U.S. will have a trade war with the U.S. Ma said U.S. president-elect Donald Trump should be given time. Trump has been highly critical of China’s trade policies.
September 27, 2016
China to Trade its Currency in US
China has named a U.S. clearing center for its currency, the renminbi or RMB. A bank in New York has offered to work with buyers and sellers of the RMB. The move comes days before the International Monetary Fund adds China’s money to four other currencies with Special Drawing Rights.
September 26, 2016
California Group Loans Money to People in 83 Countries
Many people cannot meet bank lending requirements for a loan. That is where Kiva, a non-profit California group, comes in. Kiva has loaned money to people in 83 countries for small projects -- such as buying more products for a store or helping to pay for a college education.
September 23, 2016
Obama: Africa Wants Trade, Not Aid
The African continent is home to some of the fastest growing economies in the world. During the U.S. - Africa Business Forum in New York City, President Barack Obama told business leaders that the direction of the continent wants trade not only aid.
September 22, 2016
US Announces Guidelines for Driverless Cars
The U.S. Department of Transportation has released new guidelines for driverless cars. A list of 15 safety standards cover the design and development of the vehicles. The policies are meant as suggestions to the industry, rather than rules backed by legal enforcement.
September 12, 2016
Startup Companies on the Rise in Nigeria
Recently, 30 business leaders competed for the chance to present their ideas to Nigerian President Muhammadu Buhari. The government hopes startup companies can help fuel the economy, which recently entered a recession for the first time in 20 years.
September 10, 2016
Fifteen Million Americans Work for Themselves
Several reports about the American workforce were released recently. One report said 15 million Americans work for themselves. Another report said many Americans are not taking off all the time they earned. And another suggested it is easier to start a business than to keep it open for many years.