Global Business

Chinese companies in the U.S. impacted by trade tensions

Drivers protest around the world as Uber plans to raise $8B in US listing

The protests highlighted just a few of the numerous complaints leveled at the company since it was founded ten years ago by Travis Kalanick in San Francisco.

Brazil’s eucalyptus log exports soar

Brazil is Latin America’s biggest economy, and one of its top exports is wood.

Mexico’s loneliest crop: Gardener profits from plant no one wants

One farmer in Mexico is tapping into demand for a crop no one in his country really wants, and it is proving to be a real money maker.

Tech-enabled apartments a selling point for millennial renters

A startup in the city of Portland, Oregon is using technology to make homes smarter. Mark Niu has more.

Istanbul braces for re-run of cancelled municipal elections

Turkey is now bracing itself for a potentially historic election; a re-run of the Istanbul mayoral race, which is now set for June 23.

Colombia’s coffee farmers face crisis, place some blame on Wall Street

Colombian coffee farmers are struggling to make ends meet- and they’re blaming Wall Street for their financial woes.

Higher gasoline prices boosts ethanol industry in Brazil

Brazil’s sugar cane farmers may soon reap a financial windfall- thanks to rising gasoline prices.

Focus on cloud-services at this year’s Microsoft annual developer conference

Tech giant Microsoft is holding its annual developer conference, where it’s showing off its latest technologies. This year, Microsoft’s big focus is cloud services-aiming to make it easier for companies and employees to get work done in innovative ways.

Brazilian pensioners return to work to make ends meet

Brazil’s pension system is considered among the most generous in the world. But it offers very limited benefits for lower-income employees, forcing many to keep working, just to make ends meet.

Brazilian labor unions protest government policies on May Day

Workers’ Day celebrations are taking place around the world today including in Brazil where different Brazilian trade unions gathered to protest the economic plans of the government of President Bolsonaro.

More miniature satellites being sent up into space

More satellites are being sent up into space but rather than large ones, these days the satellite industry is all about miniaturization with so-called CubeSats.

Space tourism is in its infancy – but ready to take off

It’s as far away from home as you can go, but you don’t need a passport to get there.

Trump takes credit for U.S. economic growth beating forecasts

The U.S. economy grew at 3.2 per cent in the first three months of the year, according to new government figures. The expansion beat expectations that were conservative partly due to the financial impact of the longest government shutdown in U.S. history. Owen Fairclough has […]

US cities push back against businesses planning to go cashless

Much of the world is going cashless. A growing number of businesses say they prefer the efficiency and safety of cashless transactions. But in the United States, some cities are pushing back saying cashless stores unintentionally discriminate. Philadelphia has taken the lead in this backlash. […]

‘Avengers: Endgame’ expected to break global box office records

They lined up for hours. But some have been waiting for years.

Key West bans types of sunscreen to protect coral reefs

Key West has joined the growing number of vacation destinations to ban sunscreens that can be toxic for the environment.

Podcasts see massive boom in listeners and investment

More and more listeners are swapping music for audio series with the industry seeing a massive increase in listeners. CGTN’s Phil Lavelle reports from Los Angeles on why they’re becoming so popular and how they’re making their money.

US pharmacies start selling CBD-infused products

The decision by drug-chains CVS and Walgreens to sell CBD-infused products in some of their shops is perhaps another indicator as to the growing acceptance of cannabis in the U.S. mainstream.

Look back at the first wireless phone

Some big things have come out of Seattle. Amazon, Starbucks. And the cellphone (indirectly.)

Ban the Butt campaign fights waste from cigarettes

More than five trillion cigarettes are made every year and the butts are the most littered item in the world. Scientists are examining what all those chemicals are doing to sea life.

Assistive robots in the spotlight of TechCrunch robotics event

The robots are coming – that line strikes fear in many, who worry about superior intelligence and job losses.

The winner of the 2019 New York International Auto Show is…

The winner of the 2019 New York International Auto Show is the Jaguar I-Pace, an electric vehicle or EV – one of 40 on display this year.

Last Blockbuster video store in Oregon state

Blockbuster once dominated the home video scene but there is only one store in the world left. CGTN’s Mark Niu visits it in Bend, Oregon.

Argentina inflation rate heats up, putting pressure on business owners

Inflation is just one of the problems facing thousands of small and medium-sized companies in the country.

Brazilians working odd jobs to survive amid record unemployment

Brazil’s employment rate is refusing to go down. And the consequence is a record of unemployed people, according to a recent government survey. More and more citizens are taking on odd jobs to survive.

DC Divas hope to tackle gender inequality in American football

There’s no place to hide when the D.C. Divas are training. They practice their offense and defense drills, again and again, to get ready for game day. But these women aren’t professional athletes.

Consumers struggle with choice paralysis as more streaming services arrive

How often have you found yourself struggling to decide what to watch on TV – even with hundreds of channels and numerous streaming services to pick from? If it exhausts you, you’re not alone. It’s called choice paralysis – and it’s a very real thing.

China-US trade relations take center stage at Harvard forum

Over a hundred industry leaders from China and abroad descended upon Harvard University over a three-day period to offer their views on a variety of topics, ranging from entertainment to finance to technology.

Entrepreneurs ‘clean up’ profits thanks to seaweed

In Mexico, where tourist season is in high gear, local officials are increasingly concerned about an unwanted arrival on its beaches – seaweed.

IMF downgrades economic growth, warns over continued Brexit uncertainty

The International Monetary Fund has warned about continued uncertainty surrounding Brexit, despite a deal to extend negotiations. The future of the U.K.’s relationship with the European Union was one reason the IMF has downgraded global economic growth this week. But if the extension brought relief, […]

New World Bank president outlines his agenda for the institution

The World Bank Group has a new president who was a controversial choice by U.S. President Trump. Giles Gibson reports.

Growing feelings of loneliness concern health experts

Loneliness is on the rise and has become an international health concern. If prolonged, it can have dire consequences on a person’s health.

U.S. cancels baseball deal with Cuba

The Trump administration nixed the deal after ruling that payment to the Cuban Baseball Federation was not legal under U.S. sanctions, saying it was like paying the Cuban government.

IMF warns of elevated risks to global financial stability

Global financial risks have risen in the last six months, partly due to rising debt. The IMF is concerned an abrupt downturn will have severe repercussions.

IMF cuts global growth outlook to lowest pace since financial crisis

The International Monetary Fund has cut its outlook for global growth yet again, as it and the World Bank prepare to stage their semi-annual country members’ Meetings in Washington DC.

EU-China Summit wraps with promise of equal treatment for Euro firms in China

China promises equal treatment for European companies at the 21st EU-China Summit in Brussels.

Analysts say US-China trade imbalance may not be what really matters

U.S. President Trump has made narrowing the U.S.-China trade deficit a key goal, but some experts said it is not a major concern for the economy.

BY DESIGN: Guto Indio da Costa shapes Brazilian design

Brazil is known for its natural beauty but it’s also famous for producing creative people. Winner of some of the most important design awards in the world is Rio de Janeiro-born Luis Augusto “Guto” Indio da Costa.

Mexican fisherman dump nets to mine pink salt

In Mexico’s Yucatan Peninsula, there is a tasty new trend growing along the beaches. The sands known for tourism, now the gourmet food community has a taste for its salt.

Drone startups fly plans to reshape rural Africa

Excited drone entrepreneurs are pitching their businesses in hopes of connecting with new partners and funding sources. Their businesses could help revolutionize business in rural Africa.

Brazilian defense industry gets a boost under Bolsonaro

Small guns are a big attraction at this year’s LAAD- Latin America’s Aerospace and Defense expo- open only to the military, government officials and weapon systems professionals.

Colombia struggles to fight the illegal narcotics trade

After taking office, President Ivan Duque pledged a new war on drugs. The plan included aerial spraying with glyphosate to eliminate coca crops. The herbicide was outlawed in 2015 because of health risks.

Goldman Sachs relaxes its dress code, as corporations look to attract new talent

In an email to staff, the 150-year-old bank said: “Given the changing nature of workplaces generally in favor of a more casual environment, we believe this is the right time to move to a firmwide flexible dress code.”

Researchers launch plan to cut Chicago death gap in half by 2030

Life expectancy on the West Side of Chicago is 16 years lower than for those living in the city’s downtown. Now experts say they have a plan to help.

Historic deal allows Cuban players to sign with MLB clubs

The 2019 Major league baseball season opened in the US on Thursday. It’s the earliest opening day ever for the sport, known as America’s favorite pastime. It’s also setting records for foreign-born players.

GreenTree Hospitality Group acquires Argyle

In the heart of New York, a Chinese success story. Two hotel chains, GreenTree and Argyle, cementing their merger at the heart of global capitalism.

Going Green: Microfibers contributing to plastic pollution in global waterways

Those microplastics covered in toxins are then consumed by fish and other marine life which can lead to various health issues.

US, Cuba sign historic baseball exchange deal

Last week, Cuba’s Baseball Federation and the US Major League Baseball League announced a historic deal – that provides a path for Cuban players to sign deals with US teams.

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