Global Business

U.S. rental car company Hertz declares bankruptcy

January 10, 2020

CES 2020: Chinese tech giant TCL’s new products

CGTN Correspondent Mark Niu checks out Chinese products debuting at CES.

January 10, 2020

CES 2020: Chinese companies dive into entertainment tech

Watch CGTN correspondent Ediz Tiyansan test new Chinese products at CES.

December 3, 2019

Chinese-Canadian consortium wins $4B Bogota metro deal

After 70 years of failed attempts, Bogota will finally have a subway and a Chinese railway construction consortium will build it.

December 2, 2019

Cyber Monday 2019 expected to break records

Cyber Monday 2019 become the biggest online sales day ever in the United States. E-commerce companies like Amazon are trying to keep pace.

November 29, 2019

Trip.Com CEO Jane Sun on the company’s bold growth plans

CGTN’s Cheng Lei spoke with Jane Sun, CEO of Trip.com about the company’s rebranding and it plans to be the world’s leading travel agency by 2025.

November 29, 2019

Holiday shopping season kicks off amid worries about trade war

This is the first Black Friday since the United States slapped tariffs, on imports of Chinese consumer goods. CGTN’s Karina Huber has more from New York.

November 28, 2019

Cultivating legal medical marijuana in Colombia

Colombia may be infamous for its illegal drug trade, but since medical marijuana was legalized there in 2016, some entrepreneurs are turning their sights onto becoming suppliers of legal medical cannabis.

November 27, 2019

Colorado company trains in-demand cybersecurity pros

Many countries around the world face a severe shortage of cybersecurity experts. With computer hacks and breaches on the rise, there are too few people working in the sector, to keep groups and businesses safe.

November 27, 2019

US farm bankruptcies rise as trade dispute with China drags on

While the overall U.S. economy is moving at a moderate pace – the farm sector is lagging. The on-going trade dispute between the United States and China is taking its toll on U.S. farm exports.

November 26, 2019

Tech focus: HAX accelerator gives startups access to global supply chain

Many U-S technology companies are finding themselves caught in the cross-hairs of the trade wraith China, being forced to pay higher prices for components. But that hasn’t stopped U-S startups from forging ties with China’s supply chain. Mark Niu has the details on the HAX Accelerator and its new batch of startups.

November 25, 2019

UN warns over inertia after record greenhouse gas pollution

Greenhouse gases in the atmosphere hit a new record this year, according to a new report by the United Nations.

November 22, 2019

Rise in milk alternatives has US dairy feeling the heat

Dean Foods, the largest milk producer in the United States, filed for bankruptcy earlier this month partly because consumers are moving away from dairy milk. CGTN’s Karina Huber reports on the business challenge and the possible opportunity for the planet.

November 22, 2019

Huawei condemns US security threat designation

Chinese telecoms firm Huawei says services in rural America are in danger of losing internet access. That’s after both Huawei and rival ZTE were both branded a security risk by the U.S. communications watchdog.

November 22, 2019

Every S&P 500 company now has a woman on board

For women wanting to make their mark on Wall Street, it’s been uphill battle.

November 21, 2019

Top automakers showcase new electric models in LA Auto Show

The world’s top carmakers are showcasing their new designs and technology at the Los Angeles International Auto Show. The US is the world’s second largest car market, behind only China, making this show is one of the most influential in the industry. Our Correspondent Ediz Tiyansan reports.

November 20, 2019

Finding safe solutions to cramped planes

Perhaps you’ve noticed: planes across the world have become more cramped and crowded in recent years. Now US regulators are trying to determine whether those packed planes are affecting passenger safety. One entrepreneur thinks he’s found a way to address passenger comfort. CGTN’s Hendrik Sybrandy reports.

November 20, 2019

U.S. Ambassador to EU testifies on Ukraine quid pro quo

An explosive day in Washington at the impeachment inquiry of US President Donald Trump.

November 20, 2019

Cost of impeaching a US president

Lawmakers are trying to figure out whether U.S. President Donald Trump broke any laws when he asked the president of Ukraine to investigate a political rival. This inquiry could lead to a formal impeachment, making Trump only the 3rd president in American history to be […]

November 19, 2019

Possible breakthrough in cystic fibrosis treatment

A new drug therapy could for the first time turn cystic fibrosis, which is an often fatal genetic disorder, into a manageable disease.

November 19, 2019

Saving ocean animals: The scourge of Red Tide

Researchers in Florida are working on a novel treatment to help sea animals including turtles from the effects of Red Tide, or toxic algae bloom. The treatment uses the same approach that works on humans who’ve overdosed on cocaine.

November 19, 2019

Chile faces worst political unrest in decades

Chile has long been seen as the most stable country in South America. Its GDP per person is ranked as one of the highest in the entire continent. It tends to stands out as being distinctly staid compared to its neighbors.

Beijing summons US ambassador to protest Huawei CFO's detention

November 19, 2019

Huawei unimpressed after U.S. extends trade reprieve

China says the U.S. continues to discriminate against its companies despite Washington cutting telecoms firm Huawei a little more slack.

November 18, 2019

Technology art exhibit ‘The Glass Room’ helps visitors peer into their digital future

Tech continues to thrive. The sector’s stocks are booming off the promise of technology that collects data and interprets it, using artificial intelligence. But is it developing too quickly? Sometimes the best way to shine a light on a subject, is through art. Mark Niu takes us to The Glass Room in San Francisco.

November 15, 2019

Internet of Things Tech Expo showcases the latest in AI big data

Rapid advances are happening in artificial intelligence, computer vision and big data. One event in Silicon Valley is showcasing how those technologies are converging to transform our work and daily lives. Mark Niu has more on the Internet of Things Tech Expo.

November 15, 2019

UNICEF accepts cryptocurrency to increase transparency

UNICEF hopes that its partnership with the GIGA Initiative will help students forced to flee war torn areas.

November 13, 2019

How to talk to children about climate change

Awareness about climate change is growing thanks mainly to younger people who have been marching around the world to draw attention to the issue. Schools and the media have been discussing it more, too.

November 13, 2019

Tech giants subject of antitrust investigations

When it comes to big tech – how big is too big? That’s the question a number of state officials are asking, as they look into possible anti-trust violations by Google.

November 9, 2019

Scholarship access drives boom in school e-sports leagues

The E-sports industry is expected to rake in more than one billion dollars this year, setting a new record. Professional games are frequently broadcast on major sports networks and universities are actually offering scholarships to top gamers. And like many other sports, high school is a critical training ground.

November 8, 2019

Make-or-break time nears for some Democratic presidential candidates, Bloomberg weighs bid

A crowded field of candidates could get more crowded as former New York City Mayor Michael Bloomberg considers joining the race for the Democratic Presidential nomination

November 7, 2019

Low unemployment doesn’t tell whole story of economy ahead of US election

U.S. President Donald Trump has touted the economy as being the greatest it has ever been with the unemployment rate at record lows. But that doesn’t tell the whole story.

November 6, 2019

New study reveals massive decline in North American bird population

A new report says the wild bird population in North America has shrunk significantly, with the loss of some three billion birds. Human development has caused habitat loss and deforestation, as humans move into areas previously occupied by birds.

November 6, 2019

On the front lines in the fight against opioid abuse in the US

Despite billions of dollars being spent on federal and state programs and medical research to fight opioid abuse, it doesn’t always translate into grassroots action.

November 5, 2019

Reaching for the sky with condo tower despite slowing growth

One of the key issues emerging in the campaign is affordable housing, and the candidates are rolling out plans to address it.

November 5, 2019

Tech giants and Hollywood stars celebrate the Oscars of science

Perhaps, there was nothing sexier in science this year than capturing the first image of a supermassive black hole. Winning the Breakthrough Prize in fundamental physics-a team of 347 scientists at 60 institutions in 20 countries, including China.

November 4, 2019

Boat manufacturer tries to ride out choppy economy created by tariffs

In just under a year, U.S. voters will head to the polls for the 2020 Presidential elections. Just who President Donald Trump will face in that election has yet to be decided, with a large field of Democratic candidates vying for the nomination.

November 1, 2019

Uruguay beef: Overseas demand eats into local consumption

Uruguay is a producer of high quality beef which is now in demand from the far side of the globe. As China’s appetite for gourmet beef rises, Uruguay itself is forced to import meat. Lucrecia Franco reports.

November 1, 2019

Apple launches pay TV service, Apple TV Plus

Apple launches its long-awaited streaming service with big-name stars in its TV shows. Mark Niu reports.

November 1, 2019

US-China trade negotiators agree on key issues

Beijing and Washington are sounding hopeful over a partial trade deal.

October 31, 2019

“Tariffying” tariffs: US-China trade war affects Halloween industry

This Halloween, it may not be the ghosts and ghouls which prove most frightening.

October 30, 2019

Boeing executives testify before Congress

Relatives of victims from the two Boeing 737 MAX crashes say apologies from the company’s CEO are too late.

October 30, 2019

US Federal Reserve uses repo market to boost market liquidity

For now, though, there’s little evidence the volatility is foreshadowing an impending crisis the way a sudden tightening in the repo market did in 2007.

October 30, 2019

Fantasy football’s surging popularity spawns new tech startups

It’s a thriving industry that has become nearly as big as the games themselves: Fantasy Sports. Topping that list of moneymakers is Fantasy Football, based on the American game.

October 29, 2019

Boeing chief executive denies cover-up over twin disasters

U.S. lawmakers have accused Boeing’s Chief Executive of overseeing a cover-up in safety flaws that led to two fatal crashes.

October 29, 2019

Drug companies bring new treatments to Chinese expo

In less than a week, China will hold its second import expo in Shanghai. World leaders are set to attend an opening ceremony. The expo this year features more exhibitors and a bigger exhibition park.

October 28, 2019

US Millennials are sinking in debt

U.S. Millennials are falling behind when it comes their net worth. Burdened by student debt and rising healthcare and living costs, while facing stagnant wages, many are finding it hard to get by, let alone save for a rainy day.

October 28, 2019

Failing farms in Mexico find new life in winemaking

As Mexico’s wine culture grows, it’s providing economic stability to a region positioning itself as North America’s next big wine country.

October 28, 2019

UK Prime Minister Boris Johnson loses his bid for an early election

Boris Johnson will launch his fourth attempt for an early general election tomorrow after losing yet another vote in parliament. The government failed to get the two thirds majority needed to force an election in December.

Second round of Uruguay’s presidential election to be held on Nov. 24, 2019

October 28, 2019

Second round of Uruguay’s presidential election to be held in November

Uruguay is heading to the second round of presidential elections in November. That’s after no candidate reached a 50% plus 1 majority in Sunday’s vote. It was one of the tightest races since the center-left Broad Party came into power more than a decade ago.

October 25, 2019

Former Mexican mining boomtown revived by tourism

In the Americas, the history of many towns and cities followed a boom and bust cycle of local industries. Some of those towns are forgotten forever, but some bounce back, if conditions allow.
CGTN’s Alasdair Baverstock reports on the newfound prosperity of one small town in Mexico and the forces that helped it rise from the ashes.

October 25, 2019

Cuban government implements new measures to boost the economy

The Cuban government has implemented new measures in a bid to boost the economy, amidst economic and financial tensions due to internal, inefficient management and strengthening U.S. sanctions.

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