Global Business

The pig takes center stage at New York City merchants

U.S. retailers are rolling out their Lunar New Year items featuring the pig, a symbol of good fortune and abundance. At the same time, merchants in Chinatown have had trouble getting their items in store on time for their biggest sales event of the year.

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US universities distancing themselves from Huawei

As Chinese tech giant Huawei faces allegations of theft and fraud, some US universities also find themselves in an awkward situation. Under the National Defense Authorization Act signed by US President Donald Trump in August, both Chinese equipment and partnerships with Chinese tech companies are under scrutiny.

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Venezuela migration crisis leaves ghost towns behind

Venezuela migration crisis leaves ghost towns behind

Almost one-tenth of Venezuela’s population has fled the country’s economic crisis. Real estate groups say the Caracas rental market is operating at 5 percent of its potential, some said cities across the country are on the verge of becoming ghost towns.

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California calls for more women on company boards

California calls for more women on company boards

The new law requires publicly held companies based in California to have at least one woman on their boards by the end of 2019 nd by 2021 two women board members on companies of at least five board members, and three for companies with six or more.

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Havana optimistic on economic growth for 2019

Cuba’s economic plan cuts imports valued at 400 million US dollars during the first quarter of 2019. The aim is to replace those goods with local products, but some economists say it could lead to more shortages in stores.

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