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The most important US and world business headlines, news and other interesting stories.
The most important US and world business headlines, news and other interesting stories.

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Petrol, diesel cars to be banned from east London to tackle toxic air - Petrol and diesel cars will be banned from nine roads in east London in early September in the toughest restrictions yet to tackle toxic air in the British capital. Drivers will receive a penalty of 130 pounds ($168) if they use anything other than electric or hybrid models in areas of Hackney and Isli The measures, to be introduced ...
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Puerto Rican board rejects salary increase for construction workers - The Fiscal Board in Puerto Rico examined an executive order of the governor that would increase minimum wage to $15 dollars an hour for construction workers. From Governor Ricardo Rossello Nevares' perspective, it is urgent that a good part of the federal funds arriving to the island for post-Maria reconstruction stay in Puerto...
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Indian state of Kerala recovers after floods - More than 500,000 people returned to their homes after floods in the Indian state of Kerala and they are repairing their houses, eliminating the mud and driving out reptiles, especially poisonous snakes. With some people returning home after the flood waters receded and hundreds of thousands still in 2,770 relief camps, because their homes...
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Ousted South Korean President Park gets more jail time - Former South Korean President Park Geun-hye had a year added to her initial 24-year prison sentence by the Seoul High Court on Friday. Park was convicted on 16 counts of corruption in April following a wide-ranging power abuse scandal. Prosecutors asked for her sentence to be extended to 30 years last month, on the same day tha...
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Venezuela, Trinidad and Tobago sign oil partnership agreement - Venezuelan President Nicolas Maduro and Prime Minister of Trinidad and Tobago Keith Rowley signed a gas and oil partnership agreement after a meeting between the leaders. "We have signed a very important document that will permit the generation of physical and monetary wealth for Venezuela and Trinidad and Tobago, coming from joint gas ...
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Turkey aims to boost clean energy deployment - Turkey revised its renewable energy target for 2023, with additional steps to increase the share of clean electricity production from 31 percent to more than 50 percent by 2023. In May 2018, Turkey's Energy Watchdog head said that installed electricity capacity increased by 181 percent from 32 thousand MW over the last...
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U.S. president points out possible trade agreement with Mexico - U.S. President Donald Trump said that his country's relationship with Mexico is getting closer every hour and referred to the possibility of a future trade agreement. The head of the White House wrote on Twitter that he is working closely with some people from the government and elected President Andres Manuel Lopez Obrador. A ma...
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Mexican businessman offers to buy presidential plane - A Mexican businessman is offering to buy the president's plane and use it as a "taxi," local media reported. Gustavo Jimenez Pons landed at President-elect Andres Manuel Lopez Obradors' office Thursday with an offer to buy the 300-seat Boeing 787 with $99 million, the newspaper Reforma reported. Lopez Obrad...
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United States strengthens economic blockade, Cuba denounces - Cuba denounced this week the strengthening of the blockade imposed by the United States for almost six decades, by publishing the Foreign Ministry's annual report on the effects of the siege on society and the impact of its extraterritorial component. The Ministry of Foreign Affairs of the island released on Friday the text of United Natio...
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New crackdown on reckless directors in UK - UK Business Secretary Greg Clark announced new powers to ban directors. Directors who dissolve companies to avoid paying workers or pensions could face hefty fines or be disqualified from running a business for the first time. The government is to press ahead with new plans to safeguard workers, pensions and small suppliers when a compa...
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