Business

Economy and business news. Business is the practice of making one’s living or making money by producing or buying and selling products (such as goods and services). It is also “any activity or enterprise entered into for profit”

In Double Whammy, Fitch Downgrades Mexico and Moody’s Lowers Outlook

In Double Whammy, Fitch Downgrades Mexico and Moody’s Lowers Outlook

In a double blow for Mexico, credit ratings agency Fitch downgraded the nation’s sovereign debt rating on Wednesday, citing risks...

US Refiners to Trump: Tariffs on Mexico Could Raise Gas Prices

US Refiners to Trump: Tariffs on Mexico Could Raise Gas Prices

U.S. refiners warned the Trump administration that tariffs on imports from Mexico could deliver a punishing blow to refiners and...

Trump’s Cruise Ban Hits Cuba’s Private-Sector Workers

Trump’s Cruise Ban Hits Cuba’s Private-Sector Workers

Lazaro Hernandez, who has made a good living showing U.S. cruise ship passengers around Havana in his pink 1950s Chevrolet,...

World Bank: Iran Likely to Suffer Worse Recession Than Previously Thought

World Bank: Iran Likely to Suffer Worse Recession Than Previously Thought

This article originated in VOA’s Persian Service. WASHINGTON —The World Bank says Iran is likely to experience an even worse...

IMF Warns US-China Trade War Could Cut Global Economic Growth

IMF Warns US-China Trade War Could Cut Global Economic Growth

The trade war between the United States and China could cut world economic growth next year, the International Monetary Fund...

Experts: US-China Trade Tensions Could Impact Pyongyang Sanctions Support

Experts: US-China Trade Tensions Could Impact Pyongyang Sanctions Support

The escalating trade dispute between the United States and China could distract Beijing from dealing with nuclear North Korea and...

Uber Says IRS Probing its 2013-14 Tax Returns

Uber Says IRS Probing its 2013-14 Tax Returns

The U.S. Internal Revenue Service is auditing Uber Technologies’s taxes for 2013 and 2014 and the ride-hailing company expects unrecognized...

How Vietnam Will Avoid Currency ‘Manipulator’ Label, Save its Economy

How Vietnam Will Avoid Currency ‘Manipulator’ Label, Save its Economy

Vietnam is likely to make concessions to the United States so it can escape a U.S. watch list of possible...

US Report Urges Steps to Reduce Reliance on Foreign Critical Minerals

US Report Urges Steps to Reduce Reliance on Foreign Critical Minerals

The U.S. Commerce Department on Tuesday recommended urgent steps to boost domestic production of rare earths and other critical minerals,...

Trump: ‘More Likely’ Tariffs Will Be Imposed on Mexican Products

Trump: ‘More Likely’ Tariffs Will Be Imposed on Mexican Products

VOA’s Michael Bowman contributed to this story. U.S. President Donald Trump said Tuesday that it is “more likely” than not...

World’s Biggest Nutella Factory Blocked by French Workers

World’s Biggest Nutella Factory Blocked by French Workers

No more Nutella?! French workers are threatening as much, bringing the world’s biggest Nutella factory to a near-standstill in a...

Mexico Warns US Tariff Would Hurt Both Nations

Mexico Warns US Tariff Would Hurt Both Nations

Michael Bowman contributed to this report. Mexico warned Monday that President Donald Trump’s threatened new tariff on its exports to...

Pompeo Renews Warning to European Allies to Not Use Huawei for 5G

Pompeo Renews Warning to European Allies to Not Use Huawei for 5G

The United States is again calling on European allies to be careful of what it says are security risks posed...

Mexican President Urges Oil Independence Amid US Trade Tensions

Mexican President Urges Oil Independence Amid US Trade Tensions

Mexican President Andres Manuel Lopez Obrador reiterated on Sunday the need for oil independence as his government said it would...

China Blames Washington for Trade Talks Breakdown

China Blames Washington for Trade Talks Breakdown

Joyce Huang contributed to this report. China says Washington bears the “sole and entire responsibility” for the breakdown in trade...

Momentum Toward Trade Deal Hits Trump Turbulence

Momentum Toward Trade Deal Hits Trump Turbulence

The Trump administration had taken steps in recent weeks to work with Democratic and Republican lawmakers to address concerns about...

Mexico’s President Hints Migration Controls Could Be Tightened

Mexico’s President Hints Migration Controls Could Be Tightened

VOA News Center associate producer Jesusemen Oni contributed reporting from Washington.  Mexico’s president suggested Saturday that his country could clamp down on...

Energy Secretary: US Aims to Make Fossil Fuels Cleaner 

Energy Secretary: US Aims to Make Fossil Fuels Cleaner 

The Trump administration is committed to making fossil fuels cleaner rather than imposing “draconian” regulations on coal and oil, U.S....

IMF Denies Pressuring Venezuela to Release Economic Data

IMF Denies Pressuring Venezuela to Release Economic Data

The International Monetary Fund said on Thursday it had not pressured Venezuela to release economic indicators after years of silence,...

Wall Street Slump Continues on U.S.-China Trade Uncertainty

Wall Street Slump Continues on U.S.-China Trade Uncertainty

U.S. stocks lost ground again on Thursday, as conflicting comments on trade talks from President Donald Trump and Beijing  reinforced...

Trump: China Maybe Regrets Backtracking on Trade Provisions

Trump: China Maybe Regrets Backtracking on Trade Provisions

President Donald Trump said Thursday he still believes China “would love to make” a new trade deal with the United...

Fox Host, Chinese State TV Anchor Face Off Over Trade War

Fox Host, Chinese State TV Anchor Face Off Over Trade War

A Chinese state TV anchor and a host from Fox Business, whose sparring over the U.S.-China trade war has been...