Author: Busman

British and Dutch regulators have fined ride-hailing company Uber $1.2 million for what it said were inadequate security measures that left personal data at risk for a cyber attack. The fines are linked to a 2016 hack of Uber data that allowed attackers to download…

Fishing communities along Africa's coastline are at a greater risk of extinction as countries eye oceans for tourism, industrial fishing and exploration revenue to jumpstart their "blue economies," U.N. experts and activists said on Monday. The continent's 38 coastal and island states have in recent…

The European Union and Iran are affirming their support for the international nuclear deal and say they aim to keep it alive despite U.S. President Donald Trump's decision to abandon the landmark pact. Ahead of EU-Iran talks on civil nuclear cooperation in Brussels Monday, EU…

U.S. tariffs on imported steel and aluminum, a move by the Trump administration to bolster the domestic industry and protect U.S. jobs, are just starting to have a far-reaching impact on different sectors of the U.S. economy, including the growing craft beer industry. As VOA’s…

It took Britain’s Theresa May and 27 other European Union leaders just 40 minutes to sign the Brexit deal after two years of tortuous negotiations, but the trials and tribulations of Britain's withdrawal agreement approved Sunday in Brussels are far from over. As they endorsed…

U.S. stocks closed lower after a shortened session Friday, bumping the benchmark S&P 500 index into a correction, or drop of 10 percent below its most recent all-time high in September.    Energy companies led the market slide as the price of U.S. crude oil…

It would have been easy to turn on their computers at home over plates of leftover turkey and take advantage of the Black Friday deals most retailers now offer online.      But across the country, thousands of shoppers flocked to stores on Thanksgiving or woke…

China will go along with changes meant to update global trade rules so long as they protect Beijing’s status as a developing country, a Cabinet official said Friday. The deputy commerce minister, Wang Shouwen, said any changes also must address protectionism and abuse of export…

Some of Amazon’s workers in Europe are protesting against what they call unfair work conditions, in a move meant to disrupt operations on Black Friday. Amazon Spain said around 90 percent of workers at a logistics depot in near Madrid joined a walkout Friday. Only…

Zimbabwe's finance minister has unveiled the country's 2019 budget. Mthuli Ncube says the plan should help restore the economy of the southern African nation after years of recession. "Madam Speaker, ma'am, in conclusion, this budget should mark a turning point towards realizing the country's vision…

Once-admired auto executive Carlos Ghosn's fall from grace deepened Thursday when directors of Nissan Motor Co. voted unanimously to fire the recently jailed businessman from his post as board chairman. Dismissed along with Ghosn was another director, Greg Kelly, whom the board accused of working…

Lebanon is marking 75 years of independence with a military parade Thursday in Beirut, but many anxious Lebanese feel they have little to celebrate: the country's corruption-plagued economy is dangerously close to collapse and political bickering over shares in a new Cabinet is threatening to…

Canada will allow businesses to write off additional capital investments to make them more competitive at a time when the United States is aggressively cutting taxes, Finance Minister Bill Morneau said Wednesday.  But Morneau, speaking as he unveiled a budget update that forecast a slightly smaller than predicted deficit…

The Trump administration has invited the heads of Volkswagen, BMW and Daimler to the White House to discuss U.S. tariffs on carmakers, the Handelsblatt newspaper reported on Wednesday. Citing industry and diplomatic sources, the paper said the meeting could possibly take place as soon as…

U.S. President Donald Trump on Wednesday thanked Saudi Arabia for tamping down world oil prices, a day after saying the U.S. would not turn its back on Riyadh despite its responsibility for killing a dissident U.S.-based Saudi journalist. From his retreat along the Atlantic Ocean…

Stocks dropped again Tuesday as losses mounted for the world's largest technology companies. Retailers also fell, and energy companies plunged with oil prices as the market sank back into the red for the year.    Oil prices tumbled another 6.6 percent as Wall Street reacted…

Analysts say Boeing Co. is canceling a conference call that it scheduled to discuss issues around its newest plane, which has come under scrutiny since a deadly crash in Indonesia.  The company didn't immediately give an explanation Tuesday.  CFRA Research analyst Jim Corridore said canceling the call as “a bad look for…

Shares in automakers Nissan, Mitsubishi and Renault fell sharply Tuesday after the arrest of executive Carlos Ghosn on allegations of "significant acts" of financial misconduct. All three firms are considering replacing him as chairman. Nissan, one of the world's biggest automakers, said Ghosn falsified reports…

World stock markets fell Monday as worries about softening demand for the iPhone dragged down shares of Apple Inc and persistent trade tensions between China and the United States sapped investor sentiment. Concerns about slowing economic growth also pushed down the dollar. The U.S. benchmark…

A new United Nations survey finds that opium cultivation in Afghanistan has decreased by 20 percent in 2018 compared to the previous year, citing a severe drought and falling prices of dry opium at the national level. The total opium-poppy cultivation area decreased to 263,000…

Japanese automaker Nissan says it has determined that its chairman, Carlos Ghosn, falsified reports about his compensation "over many years." The company said its internal investigation also found Ghosn had used company assets for personal purposes. Japanese media are reporting Monday that Ghosn is being…

The United States and China offered competing views to regional leaders at the Asia Pacific Economic Cooperation (APEC) meetings in Papua New Guinea, trading sharp words over trade, investment, and regional security.  Washington said it can provide a better option for regional allies under is…

Federal Reserve policymakers on Friday signaled further interest rate  increases ahead, but raised relatively muted concerns over a potential global  slowdown that has markets betting heavily that the Fed's rate hike cycle will soon peter out. The widening chasm between market expectations and the rate…

Now that South Africa's highest court has relaxed the nation's laws on marijuana, local entrepreneurs are trying to cash in on the popular herb. Among the latest entries to the market: several highly popular cannabis-laced alcohol products, which deliver the unique taste, though without the…

Place names in Arlington County have never been a simple matter. A major fight broke out when National Airport was named for Ronald Reagan in 1998. A fight continues over whether to name a park next to the airport for Nancy Reagan. And in the…

Climate change, steel and migration have emerged as sticking points in the final communique that world leaders will issue at the end of the Group of 20 summit in Argentina later this month, an Argentine government official said on Thursday. Those issues were the “most…

Ukrainian Prime Minister Volodymyr Groysman expects to get new loans from the International Monetary Fund as early as December, once parliament passes a budget of stability that refrains from making pre-election populist moves, he said Thursday. Securing IMF assistance will also unlock loans from the World Bank and the European Union. Groysman also…

Business leaders expressed growing alarm Thursday as a draft Brexit agreement seen as the only chance of preserving some stability in U.K.-EU trading threatened to unravel, sending stock prices and the pound plunging. Just 12 hours after British Prime Minister Theresa May announced that her…