Economy & Business

Israelis wait to board at Ben Gurion International airport a day after the U.S. Federal Aviation Administration imposed a 24-hour restriction on flights after a Hamas rocket landed within a mile of the airport, in Tel Aviv, July 23, 2014.

Israel Scrambles to Restore Foreign Flights to Tel Aviv

After some carriers suspend services country's leaders insist main airport is safe despite being targeted by Palestinian rockets More

FILE - European Union High Representative Catherine Ashton speaks with the media as she arrives for a meeting of EU Foreign Ministers in Luxembourg.

Russian Ties, Trade Lie Behind EU Sanctions Rift

UN, EU data shows impact of restricting trade with Russia would be far from even, with Germany dwarfing others' exposure and those urging sanctions loudest having less at stake More

FILE - A light almond cream chocolate candy carries the initials for Russell Stover Candies as seen in Kansas City, Kansas, July 14, 2014.

Chocolate Too Bitter? Swap Sugar for Mushrooms

US food technology company develops fermentation process using mushrooms to reduce bitterness in cocoa beans, believes it will cut sugar content in candy More

FILE - Flowers are laid as tributes to those killed in the Malaysia Airlines flight MH17, at the base of a large sign for the 20th International AIDS Conference in Melbourne, Australia, July 20, 2014.

As AIDS Epidemic Matures, Workplaces Adapt

Issue of AIDS in workplace is one of many social issues being discussed at the 20th International Aids Conference in Australia More

Members of the National Union of Metalworkers (NUMSA) march on the first day of a nationwide strike in Johannesburg, July 1, 2014.

Striking South African Workers Consider Latest Wage Proposal

Vuyo Lufele, Secretary-General for NUMSA in Western Cape Province, says workers may accept a 10 percent increase, but will oppose any effort to amend collective bargaining agreement More


More Economy & Business News

Troubled Chinese Steelmakers Lose Lifeline of Cheap Credit

Huge overcapacity pushing scores of similar steel enterprises to brink of bankruptcy; now provincial governments unwilling or unable to bail them out
More

US Judge Orders Argentina, Creditors to Reach Deal

Lawyers for investors who declined to restructure bonds after country defaulted on about $100B in 2002 warned that time running out to reach a deal, avert fresh default
More

Experts: China-India Relationship Will Need More Than Economic Bliss

At least one analyst believes more fundamental issue of trust and knowledge deficit must be overcome in order for economic relations to grow
More

Libya Oil Output Slips, Fresh Fighting in Tripoli

At least 47 people have died in week-long Tripoli airport clashes, in some of the heaviest street fighting since 2011 civil war
More

Exxon Oil Rig Enters Uncharted Waters of Russian Political Storm

Ordinary, long-scheduled journey of oil drilling rig into Arctic waters attracting international scrutiny and creating a dilemma for major US oil company
More

S. Africa's Metals Employer Agrees to End Strike

SEIFSA agrees to raise wages by between 7 percent and 10 percent; not immediately clear if NUMSA, other smaller unions would accept deal
More

Cuba Hopes for More Investment as Chinese President Arrives

Chinese President Xi Jinping begins a two-day visit to Cuba on Monday evening
More

Key Business Leaders Say US Economy Bouncing Back

Survey of US business leaders finds sales and employment grew in April, May and June, after economy faltered at beginning of year
More

Business Video

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Malaysia Reeling: Second Air Disaster in Four Monthsi
X
Steve Herman
July 18, 2014 10:42 PM
Malaysia is reeling from the second air disaster in four months involving the country’s flag carrier. Flight 340 vanished in March and despite an extensive search, no debris has been found. And on Thursday, Flight 17, likely hit by a surface-to-air missile, came apart over eastern Ukraine. The two incidents together have left more than 500 people dead. VOA Correspondent Steve Herman reports from Kuala Lumpur.
Video

Video Malaysia Reeling: Second Air Disaster in Four Months

Malaysia is reeling from the second air disaster in four months involving the country’s flag carrier. Flight 340 vanished in March and despite an extensive search, no debris has been found. And on Thursday, Flight 17, likely hit by a surface-to-air missile, came apart over eastern Ukraine. The two incidents together have left more than 500 people dead. VOA Correspondent Steve Herman reports from Kuala Lumpur.
Video

Video New Development Bank Likely to Top Agenda of BRICS Summit in Brazil

As Brazilian President Dilma Rousseff prepares for World Cup closing ceremonies on Sunday, she is also working on another big event. Her country will host the sixth annual BRICS summit on Monday. BRICS, the acronym for a group of five emerging national economies with significant influence on regional and global affairs, includes Brazil, Russia, India, China and South Africa. VOA's Mariama Diallo looks into the issues that will be discussed during the two-day meeting.
Video

Video China Agrees to Scale Back Currency Controls

U.S. and Chinese officials have closed two days of talks in Beijing that included discussions on cyber-security, currency controls, and rival territorial claims in the South China Sea. VOA State Department Correspondent Scott Stearns has the story.
Video

Video Oil Boom Tests North Dakota Legislative Tradition

North Dakota is one of four U.S. states with a legislature that meets only once every two years. But as VOA’s Kane Farabaugh reports, the energy boom in Western North Dakota -- and everything that comes with it -- is challenging the state government’s ability to respond rapidly to the changing environmental and economic landscape.
Video

Video Experts Say Solar Power Could Soon Pose Economic Threat to Electric Utilities

In many states, brown energy - electricity generated from polluting, non-renewable resources like coal - is still cheaper than solar

World Currencies

EUR
USD
0.7305
JPY
USD
101.53
GBP
USD
0.5830
CAD
USD
1.0656
INR
USD
60.075

Rates may not be current.