Global Business

Controversy in Oaxaca, Mexico over Latin America’s biggest wind farm

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.

Brexit debate turns into parliamentary chaos

The UK Parliament, one of the world’s oldest representative institutions and Brexit, testing it to the edge of destruction.

Apple’s shift towards subscription and financial services

Apple is going in another direction, announcing a new credit card – called Apple card – a partnership with Goldman Sachs. Apple says the card will have no annual fees or late fees and will focus heavily on privacy.

African music gaining in popularity

A new wave of African musicians staged the biggest ever showcase of music from the continent at the SXSW festival.

Virtual reality games make a big splash at game developer conference

Around 30,000 gamers have descended upon San Francisco to attend the Game Developer’s Conference. It’s the place where powerhouse gaming companies and startups showcase their latest technologies to inspire creativity. CGTN’s Mark Niu reports. This year, humans appear to spending a lot of quality time […]

Developing nations meet in Buenos Aires for South-South Cooperation Conference

The United Nations is hosting a conference in Argentina this week on South-South Development. South-South Cooperation, or S-S-C, is about developing nations sharing experiences on a range of issues to improve people’s lives. CGTN’s Joel Richards reports from Buenos Aires.

Betting on March Madness: NCAA Men’s basketball tournament underway

It’s an annual rite of spring for sports fans across the U.S. The NCAA Men’s Basketball Tournament got underway in earnest Thursday. It’s also become a big betting event.

Girls hockey spreads in popularity around the world

Girl’s hockey is on the rise. According to USA Hockey, 5,500 girls played the sport in 1990. Now it’s more than 70,000. Adult women’s hockey is flourishing, too. At last year’s Olympics, Team USA won the gold.

Farmers turn from agriculture to harvesting solar power

The push for renewable energy in Illinois has surged thanks to state incentives meant to promote clean energy and create jobs. But like most things with farming, it could come at a price.

Orchestrating change in classical music industry

Most music written by women is left of the repertoires off major orchestras around the world. New initiatives are trying to change that.

Beijing rising to be among worlds most cosmopolitan cities

CGTN’s Nathan King puts to the test a new report finding that Beijing is now the world’s fourth most international city.

US Federal Reserve Chairman says interest rates to remain steady through 2019

After a two-day meeting in Washington, the Fed says it’s leaving rates at their current range of 2.25 to 2.5 percent.

With 21st Century Fox acquisition, Disney makes play for streaming supremacy

But Disney’s $71 billion acquisition of Fox, isn’t about the box office. It’s about winning the online streaming wars.

Chinese tech leading way in financial payments

Facebook is working to expand its business model and one key area is payments – a field where China’s influence appears to be growing stronger every day. Mark Niu has the details.

Brazil’s tribal activists prepare to fight movement to commercialize reservation

Brazil’s President Jair Bolsonaro has vowed not to grant another ‘centimeter’ of land to indigenous reservations. And some tribal activists say they’re preparing to fight off a land grab under his administration.

US college admissions scam reverberates through acting, finance and academia

Fifty people have been charged in a college admissions scandal, including CEOs, Hollywood actors, college sports coaches & test administrators. The case has snared at least eight top universities in the United States.

As US-China trade war cools off, cities embrace Chinese investment

According to U.S. reports, an agreement between the two countries could come as soon as next month

Students strike for climate action led by teen Nobel Peace Prize nominee

An estimated one million students took part in a worldwide strike to demand for action on climate change. They have been inspired by a 16-year old, Greta Thunberg, who was recently nominated for the 2019 Nobel Peace Prize.

SXSW: China looks for a new voice on the international stage

SXSW is showcasing more than a dozen Chinese artists this year- a record number. The U.S. is an eye opener for Chinese artists, and Western music companies are also looking closely at China’s marketplace, with industry revenues forecast to top one billion dollars by 2020.

Tesla gives sneak peak of its latest Model Y electric vehicles

Tesla has given the world a sneak peek at its newest car in the pipeline. The electric carmaker has had plenty of ups and downs this year. It’s hoping its latest product will help get it over the hump.

Junk food advertising targets African-American and Hispanic kids

According to a recent study, African American and Hispanic consumers in the U.S. are disproportionately exposed to junk food and sugary drinks commercials.

Record labels keep their heads above water as streaming becomes a tide

As streaming services bring artists and their listeners ever closer together, what kind of future do independent labels have?

List of countries banning Boeing 737 Max-8 planes from their skies grows

The list of countries banning Boeing 737 Max planes from their skies grew much longer Tuesday with most of Europe, Australia and India joining China, Indonesia and others that had already made the move.

Dispensing food before medicine – tackling food as a health issue

Hospitals often have to deal with the consequences of poor nutrition and bad diets in the U.S., but one healthcare group is taking a more hands-on approach. CGTN’s Dan Williams reports.

Mexican President marks 100 Days in office with high approval rating

Mexican President Andres Manuel Lopez Obrador started the day with another 6:00 AM security cabinet meeting. Then he gave an abbreviated version of his daily early morning news conference, telling reporters they have the right to criticize him.

RSA cybersecurity conference discusses looming threats and how to fight them

The world’s largest gathering of cybersecurity experts is taking place in San Francisco. At the RSA Security Conference, thousands of attendees are discussing the latest threats and the tools to combat them.

BY DESIGN: The relevance of sacred architecture in the modern world

When local residents saw this plan by the spiritual order Sufism Reoreinted to be built in their neighborhood – many were up in arms.

Brazilian soy and grain exports fluctuate with US-China trade dispute

Paulo Cabral reports on Brazil’s agricultural industry and the fortunes riding on trade talks between Beijing and Washington.

Retraining US workers to ease labor crunch

Coordinating all of its moving parts has been a challenge for WorkNow but with more big-scale work on the way in Denver, the need to attract quality labor is not going away.

‘The Amazon Coat’: Chinese company made winter coat goes viral in the U.S.

A coat made by a Chinese company sold on Amazon has gone viral in the U.S., getting thousands of five-star customer reviews. It is a phenomenon unlike anything ever seen before. Karina Huber has more.

US farm bankruptcies on the rise

Farm bankruptcies are on the rise. CGTN’s Dan Williams went to the state of Wisconsin where many are hanging on amid ongoing trade tensions.

Startups find beauty in Indonesia’s halal economy

Jakarta is expected to see a $1.6 billion boost from the Halal economy. That’s after a new labeling law goes into effect for Indonesia later this year. That’s also why some cosmetic companies are looking forward to a beautiful bottom line.

US solar energy industry struggles over tariffs

Tariffs have cast a shadow on the growth of the U.S. solar energy industry. The sector lost eight-thousand jobs last year on top of ten-thousand jobs the year before.

China’s capital beats NYC in number of rich and wealthy

Researchers say Beijing is home to the world’s highest number of billionaires, thanks to the nation’s ever-growing number of wealthy entrepreneurs. But leaves many asking questions about inequality.

Huawei CFO due back in court May 8

During Wednesday’s brief, 20-minute court hearing, defense attorneys called this a rare case featuring “serious legal, factual concerns not common in jurisprudence.”

Citizen activist launches 700 kilometer campaign to boost EU voting

Europe’s voter participation has fallen steadily since the first EU elections 40 years ago. Now a French woman is taking steps to encourage more people to go to the polls.

Mexican Coca-Cola workers along US border on strike over wages

In Mexico, as the country’s president Andres Manuel Lopez Obrador begins to turn campaign promises into law, the regions where he’s implementing policy are finding that ideology and reality take time and effort to match.CGTN’s Alasdair Baverstock reports from the U.S. border with Mexico.

Apple plans to launch Netflix of gaming

Take Apple, Netflix, And a bit of gaming DNA. What do you get?

California high-speed rail project sidelined by economics, politics

California Governor Gavin Newsom surprised supporters of high-speed rail when he stressed the importance of building a small route through California’s Central Valley, while highlighting the difficulties of completing the full project from San Francisco to Los Angeles.

New York’s LaGuardia soars amid $8B renovation

LaGuardia Airport in New York was built in 1939. A year later it became the busiest airport in the United States.

Streaming services for record industry to sing new notes

Some musicians say they’re barely scraping by on the small amount they receive in royalties, even with the best selling albums in the United States. Now, that’s changing.

LEGO plans to build on its success in China

Danish toymaker LEGO has opened a new flagship store in Beijing, and the company plans to double its presence in China this year. The company sees the country’s growing affluence as a good opportunity amid the growing gloom in the industry.

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