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Category: 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’s also “any activity or enterprise entered into for profit.” A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business

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Dec112017 by DmediaNo Comments

Russia Urges India to Back China’s Belt and Road Initiative

All, Business, News
Russia threw its weight behind China's massive Belt and Road plan to build trade and transport links across Asia and beyond, suggesting to India on Monday that it find a way to work with Beijing on the signature project. India is strongly opposed to an…


Dec112017 by DmediaNo Comments

Will Misconduct Scandals Make Men Wary of Women at Work?

All, Business, News
Some women, and men, worry the same climate that’s emboldening women to speak up about sexual misconduct could backfire by making some men wary of female colleagues. Forget private meetings and get-to-know-you dinners. Beware of banter. Think twice before a high-ranking man mentors a young…


Dec102017 by DmediaNo Comments

Traders Brace for Launch of Bitcoin Futures Market

All, Business, News
The newest way to bet on bitcoin, the cyptocurrency that has taken Wall Street by storm with its stratospheric price rise and wild daily gyrations, will arrive Sunday when bitcoin futures start trading. The launch has given an extra kick to the cyptocurrency’s scorching run…


Dec102017 by DmediaNo Comments

Argentina Blocks Two Activists From Entry on Eve of WTO Meeting

All, Business, News
Argentina blocked two European activists from entering the country on the eve of the World Trade Organization's ministerial meeting in Buenos Aires, the two told a local radio program Saturday. Sally Burch, a British activist and journalist for the Latin American Information Agency, said Argentina…


Dec92017 by DmediaNo Comments

US Economy Adding Jobs, But Employers Say Skills Gap is Rising

All, Business, News
The U.S. economy posted another impressive month, adding 228,000 jobs in November. The unemployment rate, now at a 17-year low, remains unchanged at 4.1 percent. But even as more Americans returned to the workforce, job recruiters say the job market is changing and both employers…


Dec92017 by DmediaNo Comments

Wind, Fire, Ash Destroy Much of California Avocado Crop

All, Business, News
The wildfire that roared through the orchards of California’s Ventura County destroyed much of the region’s avocado crop not just with flames, but also with fierce Santa Ana winds and a thick blanket of ash. With the so-called Thomas Fire just 10 percent contained by…


Dec92017 by DmediaNo Comments

‘Worker Bee’ Round of NAFTA Talks to Focus on Easier Chapters

All, Business, News
NAFTA trade negotiators convene in Washington next week for a limited round of talks unlikely to move the needle on major sticking points, but aimed at demonstrating some progress toward closing easier chapters. Last month's round of negotiations to update the North American Free Trade Agreement…


Dec82017 by DmediaNo Comments

Bangladesh Asks NY Fed to Help it Recover Stolen Millions

All, Business, News
Bangladesh’s central bank has asked the Federal Reserve Bank of New York to join a lawsuit it plans to file against a Philippines bank for its role in one of the world’s biggest cyber-heists, several sources said. The Fed has yet to respond formally, but…


Dec72017 by DmediaNo Comments

7 Years in Prison for Former Top Volkswagen Manager  

All, Business, News
A federal judge in Michigan has sentenced a former high-level Volkswagen manager to seven years in prison for his part in the scheme to cheat emissions tests and defraud consumers. Oliver Schmidt has also been fined $400,000. He pleaded guilty in August to charges that…


Dec72017 by DmediaNo Comments

China’s Ofo Joins Crowded Paris Bike-share Market

All, Business, News
China's Ofo launched its dockless bicycles in Paris on Wednesday, becoming the fourth bike-sharing plan operator in a city set to banish all combustion-engine cars by 2030. Ofo France general manager Laurent Kennel told Reuters the firm, one of two bike-sharing giants in China, had…


Dec72017 by DmediaNo Comments

Climate ‘Refugees,’ Sidelined From Global Deal, Ask: ‘Where Is the Justice?’

All, Business, News
Vulnerable communities uprooted by climate change are being left out of a voluntary pact to deal with migration, campaigners said, after the United States pulled out of the global deal. Although people within low-lying states are being forced to relocate because of worsening storms and…


Dec62017 by DmediaNo Comments

France’s War on Waste Makes It Most Food Sustainable Country

All, Business, News
A war on food waste in France, where supermarkets are banned from throwing away unsold food and restaurants must provide doggy bags when asked, has helped it secure the top spot in a ranking of countries by their food sustainability. Japan, Germany, Spain and Sweden…


Dec62017 by DmediaNo Comments

Analysts: Maduro’s Cryptocurrency to Fare No Better Than Venezuela Itself

All, Business, News
Venezuela's plan to create an oil-backed cryptocurrency faces the same credibility problems that dog the ruling Socialist Party in financial markets and is unlikely to fare any better than the struggling OPEC member itself, investors and technical experts say. President Nicolas Maduro on Sunday floated…


Dec52017 by DmediaNo Comments

White House Denies Reports Trump Financial Records Subpoenaed

All, Business, News
The White House on Tuesday strongly denied that the special prosecutor looking into alleged Russian interference in last year’s election has asked a German bank for records relating to accounts held by Donald Trump and his family members. “We’ve confirmed this with the bank and…


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