Management experts are always coming up with innovative ideas to improve the work environment, inspire employees and raise productivity. Big companies in Germany, like Lufthansa, Siemens, Daimler, BMW and Volkswagen’s Audi, are bringing harmony to the workplace by having symphony orchestras and encouraging employees to play music together. Faiza Elmasry …
your ad hereChina’s Xi Seen Taking More Risks at Home and Abroad in 2018
In 2017, China’s Xi Jinping rose to become the country’s most powerful leader in decades. And as he shoulders more responsibility, analysts say the government in Beijing is likely to take more risks in 2018 at home and overseas, even as it deals with economic challenges at home, a nuclear …
your ad hereUS Holiday Travel Numbers Up
Americans are traveling in record numbers this season, according to the American Automobile Association’s (AAA) annual estimate, which forecasts more than 107 million will travel by road, rail or air between now and the start of 2018. Despite higher gas prices, travel volume is expected to be 3.1 percent higher …
your ad hereNestle Warned It Lacks Rights to California Spring Water
Nestle, which sells Arrowhead bottled water, may have to stop taking millions of gallons of water from Southern California’s San Bernardino National Forest because state regulators concluded it lacks valid permits. The State Water Resources Control Board notified the company on Wednesday that an investigation concluded it doesn’t have …
your ad hereUN Security Council to Vote Friday on Additional North Korea Sanctions
The U.N. Security Council is expected to vote Friday on another round of targeted sanctions aimed at further restricting North Korea’s crude oil imports, which fuel its illicit weapons programs. The proposed sanctions come in response to Pyongyang’s November 28 launch of a newly developed intercontinental ballistic missile (ICBM) called …
your ad herePapa John’s Founder Out as CEO, Weeks After NFL Comments
Papa John’s founder John Schnatter will step down as CEO next month, about two months after he publicly criticized the NFL leadership over national anthem protests by football players — comments for which the company later apologized. Schnatter will be replaced as chief executive by Chief Operating Officer Steve Ritchie …
your ad hereAfter Delays, Ground Broken for Thailand-China Railway Project
Construction of a long-awaited Thai-Chinese railway line that will link Thailand, Laos and China officially began on Thursday with a ground-breaking ceremony in the northeastern Thai province of Nakhon Ratchasima. The first phase of the project, a 250-km (155 mile) high-speed rail line linking Bangkok to Nakhon Ratchasima, is expected …
your ad hereDisplaced by Mining, Peru Villagers Spurn Shiny New Town
This remote town in Peru’s southern Andes was supposed to serve as a model for how companies can help communities uprooted by mining. Named Nueva Fuerabamba, it was built to house around 1,600 people who gave up their village and farmland to make room for a massive, open-pit copper mine. …
your ad hereUS Sees Foreign Reliance on ‘Critical’ Minerals as Security Concern
The United States needs to encourage domestic production of a handful of minerals critical for the technology and defense industries, and stem reliance on China, U.S. Interior Secretary Ryan Zinke said Tuesday. Zinke made the remarks at the Interior Department as he unveiled a report by the U.S. Geological Survey …
your ad hereGreek Lawmakers Approve 2018 Budget Featuring More Austerity
Greece’s parliament on Tuesday approved the 2018 state budget, which includes further austerity measures beyond the official end of the country’s third international bailout next summer. All 153 lawmakers from the left-led governing coalition backed the budget measures in a late vote, while the 144 opposition lawmakers present rejected …
your ad hereEx-Odebrecht CEO, Symbol of Brazil Graft Probe, Leaves Jail
One of the most prominent people convicted in Latin America’s largest corruption scandal left prison Tuesday for house arrest after serving two-and-a-half years behind bars at a time when many Brazilians are becoming disillusioned with the graft investigation once hailed as a political game-changer. Marcelo Odebrecht’s release came a day …
your ad hereAnalysis: US Tax Cut to Deliver Corporate Earnings Gift
A planned massive Republican tax overhaul has led Wall Street strategists to revise their 2018 corporate earnings forecasts sharply higher, but the jury is out on how long the accelerating effect on profits will last. The tax bill, which the U.S. House of Representatives approved on Tuesday, will cut the …
your ad hereZimbabwe’s Ruling Party Hopes for Economic Turnaround
Less than a month after a military intervention forced longtime leader Robert Mugabe to step down, the new leaders of ruling ZANU-PF party have big plans for Zimbabwe. Retired General Sibusiso Moyo announced the military takeover on November 15 and has been appointed to serve as foreign minister. He sees …
your ad herePoll: Americans Hold Favorable View of US Economy, But Not Trump
Nearly two-thirds of Americans have a favorable view of the U.S. economy, according to a new poll, even as they give President Donald Trump negative reviews for his handling of the world’s largest economy and an array of other issues. In its latest poll, Quinnipiac University said 63 percent of …
your ad hereUS Single-Family Housing Starts, Permits Hit 10-year High
U.S. single-family homebuilding and permits surged to more than 10-year highs in November, in a hopeful sign for a housing market that has been hobbled by supply constraints. Builders have struggled to meet robust demand for housing, which is being fueled by a labor market near full employment. Land and …
your ad hereArgentina Leader Defends Pension Reform Approved in Congress
Argentina’s president defended a pension reform bill approved by Congress Tuesday that has prompted violent protests and a general strike, saying it seeks only to benefit retirees. The measure passed in the lower house by a 127-117 vote after more than 12 hours of debate, much of which came as …
your ad hereUS House Set to Vote on Republican Tax Bill
The U.S. House of Representatives will vote Tuesday on a Republican $1.5 trillion tax bill that will provide tax relief for most Americans, but benefit the wealthy the most, according to a non-partisan tax analysis group. Following the House vote, the Senate will vote on the measure later Tuesday, according …
your ad herePakistan Examines Chinese Proposal to Replace Dollar with Yuan
Officials in Pakistan say a Chinese proposal to replace the U.S. dollar with yuan for bilateral trade is under consideration. Beijing has already committed to investing around $60 billion in the country by 2030 under a long-term plan of development cooperation with Islamabad, known as the China Pakistan Economic Corridor, …
your ad hereAmnesty: Failed and Exploited, Nepal Migrant Workers Trapped in Debt Cycle
Nepali migrant workers are trapped in a vicious cycle of debt and exploitation due to a failure by authorities to crack down on recruitment firms that charge illegally high fees for jobs abroad, human rights group Amnesty International said on Monday. Wages sent back by an estimated four million Nepalis …
your ad hereCryptoKitties Brings Blockchain to the Masses
How do you explain the abstract concepts of blockchain technology and cryptocurrencies? With adorable, digital kittens of course. CryptoKitties, an online game and marketplace featuring virtual kittens, has become an entry point for curious outsiders looking to dabble in cryptocurrencies – decentralized digital monies that rely on blockchain technology to …
your ad hereBrazil Court Approves Compensation for Decades-old Depositor Losses
A Supreme Court justice on Monday approved an agreement to compensate bank depositors for losses caused by government policies several decades ago, settling more than a million legal disputes that have hung over Brazil’s banking system since the 1980s. Depositors who lost their savings due to economic programs applied in …
your ad hereEU Governments Agree on Renewable Energy Targets for 2030
European Union environment and energy ministers on Monday agreed on renewable energy targets for 2030 ahead of negotiations next year with the European Parliament, which has called for more ambitious green energy goals. Ministers said they would aim to source at least 27 percent of the bloc’s energy from renewables …
your ad hereArgentine Congress Tries for Pension Reform Amid Violent Protests
Argentina’s Congress could pass a hotly debated pension reform measure Monday, lawmakers told reporters, as stone-throwing demonstrators gathered in the capital and the country’s main union called a 24-hour general strike to protest the proposal. Debate on the bill was suspended Thursday amid violent protests, which were put down by …
your ad hereEgypt Begins Production on Largest Undersea Gas Field in Mediterranean
Egypt’s economic prospects are looking brighter after the long-anticipated production of undersea gas from the al Zohr gas field began coming online in recent days. Petroleum Minister Tareq al Molla tells Arab media the al Zohr field will be a major boon for the economy, saving $750 million to possibly …
your ad hereStudy: Shop Early, Shop Often to Avoid Christmas Impulse Buying
Parceling out holiday shopping in small amounts and completing it in a realistic schedule helps people maintain the self-control needed to avoid being swept away in impulse purchases that can wreck budgets, a study to be published in January said. The study from Texas A&M University researchers looked at how …
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