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The Rising Nepal | Business

Huawei founder says revenue will be billions below 2019-06-16 20:00:00SHENZHEN, China, June 17 (AP) — Huawei’s founder likened his company to a badly damaged plane Monday and said revenues will be $30 billion

Deliberations on appropriation bill 2019-06-16 20:00:00Kathmandu, June 17: Lawmakers have opined that brain drain, unemployment and trade deficits have hurt the country. While taking part in the deliberati

Proposals presented seeking deduction in expenditure of several 2019-06-16 20:00:00Kathmandu, June 17: During the ongoing deliberations on several headings of the 'Appropriation Bill, 2076 BS' in the House of Representatives, five

States present budget 2019-06-16 20:00:00By A Staff Reporter Kathmandu, June 17: Government of all seven states Sunday unveiled the budget worth around Rs. 260 billion for the next fiscal yea

Construction of Khanikhola hydel project reaches final stage 2019-06-16 20:00:00By Our Correspondent Dolakha, June 17: Construction of the Khanikhola-1 hydropower project has reached the final stage. Almost 85 per cent work of the

NEPSE declines for second consecutive week 2019-06-15 20:00:00By A Staff Reporter Kathmandu, June 16: The benchmark capital market index, NEPSE, has continued to decline for the second consecutive week after the

Excavator used by hydropower project set on fire 2019-06-15 20:00:00Solukhumbu, June 16: An excavator being used by a hydropower project was ablaze by an unidentified group at Bhadaure, Pingla of Solu Dudhkunda municip

Construction work of Khanikhola-1 hydel project reaches 2019-06-15 20:00:00Dolakha, June 16: Construction of the Khanikhola-1 hydropower project has reached the final stage. Almost 85 per cent work of the 40-megawatt hydropow

Vegetable price declines on improved supplies 2019-06-15 20:00:00By A Staff Reporter Kathmandu, June 16: The exorbitant vegetable price has been going down for the few weeks owing to improvement in supply. The pric

Credit facilities agreement for Sanjen Khola Hydel Project 2019-06-14 20:00:00By A Staff Reporter Kathmandu, June 15: Nepal Investment Bank Limited (NIBL) and the member banks have signed a credit facilities agreement of Sanjen

Contemporary challenges, prospects discussed at Himalayan Travel Mart 2019-06-09 20:00:00By A Staff Reporter Kathmandu, June 10: The 3rd Himalayan Travel Mart (HTM 2019) concluded successfully on Sunday announcing to organise the 4th serie

NCC expresses concern    2019-06-09 20:00:00Kathmandu, June 10: Nepal Chamber of Commerce (NCC) has said its attention was drawn to the government's ban on the operation of goods-carrying

Reuters: Business News

Trump pressures Fed's Powell: 'Let's see what he 2019-06-18 17:50:27President Donald Trump on Tuesday kept up pressure on the head of the Federal Reserve to lower interest rates, following a report that White House law

Exclusive: U.S. seen open to mechanism to end 2019-06-18 17:38:01The United States is expected to be open to negotiations on an "enforceable mechanism" that could allow European planemaker Airbus to receive govern

Facebook reveals Libra cryptocurrency, sparking new privacy concerns 2019-06-18 17:35:55Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payment

U.S. lawmaker calls for Facebook to pause cryptocurrency 2019-06-18 17:35:55A leading U.S. House lawmaker on Tuesday called on Facebook Inc to halt development on its new cryptocurrency and for company executives to testify be

Anadarko approves $20 billion LNG export project in 2019-06-18 17:29:21U.S. energy firm Anadarko Petroleum Corp on Tuesday gave the go-ahead for the construction of a $20 billion gas liquefaction and export terminal in M

Senior U.S. lawmaker says Facebook should halt cryptocurrency 2019-06-18 17:24:48U.S. House Financial Services Committee Chairwoman Maxine Waters said Tuesday that Facebook Inc should halt development of its announced cryptocurrenc

Wall Street nears record as mood on trade 2019-06-18 17:23:39Wall Street surged on Tuesday and the S&P 500 approached a record high after Washington rekindled trade talks with Beijing, boosting sentiment alo

Trump says U.S., Chinese teams to restart trade 2019-06-18 16:59:16U.S. President Donald Trump said on Tuesday he had spoken to Chinese President Xi Jinping and that the two leaders' teams would restart trade talks a

Comcast partners with Charter, Cox to advance targeted 2019-06-18 16:48:59U.S. cable provider Comcast Corp on Tuesday launched a program to further develop an advertising strategy that better targets audiences, as the TV ind

Oil climbs over $1/bbl on U.S.-China trade deal 2019-06-18 16:42:53Oil prices rose more than $1 a barrel on Tuesday after news that China and the United States were resuming trade talks ahead of a meeting at the G20 s

Photoshop maker Adobe beats revenue, profit estimates 2019-06-18 16:30:29Adobe Inc beat analysts' estimates for quarterly profit and revenue on Tuesday, driven by growth in its digital media business that houses its flagsh

Global stocks lifted by hopes for monetary policy, 2019-06-18 16:27:47Global stocks rallied on Tuesday and benchmark government bond yields tumbled after European Central Bank President Mario Draghi hinted at economic st

Christian Science Monitor |

Why this company wants your old underwear 2019-06-17 17:10:46Will recycling textiles save the planet? Buying less and wearing your clothes longer might accomplish more.

Farmers caught between a flood and a trade-war 2019-06-17 17:10:46A $19.1 billion disaster aid package won't include much help for Midwestern farmers who can’t plant. Meanwhile a trade war puts farm

Why tariff threat is unsettling – even after 2019-06-17 17:10:46The threat of Mexican tariffs is off for now. But it could return – and the weaponization of tariffs may not be in the long-term interest of the

One group not happy about older workers: young 2019-06-17 17:10:46Americans under 50 believe the rising number of older workers hurts the economy, a recent poll shows. Longer and healthier life spans have allowed mor

Robot baristas in South Korea push automation forward 2019-06-17 17:10:46South Korea's coffee scene has a new face: robotic baristas. While automation raises concerns that finding entry-level jobs will become har

SEC moves to require brokers to reveal conflicts 2019-06-17 17:10:46In the past, not all financial advisers were legally required to put clients' interest first. But some say the new measure by federal regulators does

Medicare for all – why supporters can’t agree 2019-06-17 17:10:46Support for single-payer health care seems to have risen over the past year or so, but such a plan presents complex, and controversial, choices.

Where is workforce really booming? Among the oldest 2019-06-17 17:10:46McDonald’s wants to hire 250,000 senior workers. A CVS program avows that ‘Talent is Ageless.’ And nationwide the ranks of older wor

Car trouble: How symbol of freedom became a 2019-06-17 17:10:46A record 7 million Americans are 90 days or more delinquent on car loans, a new report finds. U.S. auto debt is also at a record: $1.28 tril

Uber’s founders have cashed in. How about the 2019-06-17 17:10:46Uber relies on an army of drivers whom it refuses to call employees. But some see its “Partner Protection” plan as a model for the gig eco

As US-China trade war ramps up, how will 2019-06-17 17:10:46China-made goods will cost Americans more, as President Trump presses Beijing for trade-talk concessions. By July tariffs may hit cellphones, shoes.

Walmart follows Target to enter retail shipping wars 2019-06-17 17:10:46The nation's largest retailer joins the next-day shipping competition. Walmart has one big advantage over Amazon – its more than 4,700 sto

UN News Centre - Economic

Monday’s Daily Brief: the future of food and 2019-06-10 15:41:03This Monday, top stories includes: a new report on risks and opportunities of digital technology; social justice for all at the centenary UN labour co

The future of work ‘with social justice for 2019-06-10 14:26:52The Centenary International Labour Conference got underway on Monday at the UN in Geneva, with ILO chief Guy Ryder, calling on hundreds of delegates f

UN makes ‘declaration of digital interdependence’, with release 2019-06-10 14:06:39The digital future must be safer and more inclusive, says a new tech report, “the Age of Digital Interdependence”, released on Monday by t

Key economic forum in Russia: New technology a 2019-06-07 14:26:20Technological innovation is continuing to transform the world, with the potential to propel us all towards reaching the 2030 Sustainable Development G

World Bank downgrades global growth forecasts, poorest countries 2019-06-05 16:10:44The World Bank has lowered its expectations of global economic growth for this year in a new report. It says that, although the picture for poorer cou

FROM THE FIELD: Watering the parched farmland of 2019-06-03 15:35:55Farmers on the island of São Tomé and Príncipe, off the western coast Africa, are being 

Friday’s Daily Brief: Fundraising for Mozambique, Assange’s rights, 2019-05-31 15:21:26This Friday, we cover: a donor conference to support life-saving and recovery aid for Mozambique following two recent devastating cyclones; the need t

‘Ground-breaking innovation’ needed in cities, where battle for 2019-05-29 17:18:51If the battle to achieve the Sustainable Development Goals (SDGs) is to be won or lost in cities, then they need to “achieve a lasting impact on

Asia-Pacific ‘regional parliament’ underway to advance equality, empowerment, 2019-05-29 11:12:33The top United Nations body in the Asia-Pacific region opened its annual session this week, calling for greater empowerment of disadvantaged and margi

North Koreans trapped in ‘vicious cycle of deprivation, 2019-05-28 11:45:25Bribery is the main way people in North Korea get food, healthcare, shelter and work, a new UN human rights office report said on Tuesday.

Energy of African youth ‘propelling’ new development era 2019-05-24 23:00:11The “boundless energy and optimism” of young Africans is propelling the continent into a new era of sustainable development, alongside new

With potential to boost profits by up to 2019-05-22 10:28:28Businesses perform better – sometimes by as much as 20 per cent – when they employ more women in top positions, UN labour expert

Business News - UPI.com

BAE Systems to install vehicle control systems on 2019-06-17 12:18:17 Boeing Co. selected BAE Systems to supply vehicle management systems for its MQ-25 unmanned aerial aircraft, BAE announced on Monday.

Army participates in readiness exercise in Bulgaria 2019-06-17 11:28:04 The U.S. Army participated in a joint exercise with Bulgaria's air force, navy and land forces as part of Shabla 19 from June 10-15.

Boeing nabs five-year, $6.5B extension for JDAM guidance 2019-06-17 09:30:05 Boeing was awarded a five-year $6.5 billion extension to a contract for Joint Direct Attack Munition guidance kit parts and services for unannounced

2,000 air force personnel from 4 nations join 2019-06-14 16:03:33 Red Flag-Alaska, an exercise involving 2,000 personnel, 85 aircraft and the air forces of four Pacific Rim countries, is underway, the U.S. Air Force

Air Force F-35A squadron from Utah deploys to 2019-06-14 14:58:40 A squadron of F-35A Lightning II fighter planes from Hill AFB, Utah, deployed to Germany for training and exercises, the Air Force announced.

House committee includes funding for Space Corps in 2019-06-14 13:37:38 The House Armed Services Committee unanimously approved an amendment to fund the Space Corps in the 2020 defense spending bill.

GAO report: Air Force shifting money to KC-135 2019-06-14 13:31:41 Because of ongoing problems with the KC-46 Pegasus, the Air Force plans to initially re-allocate $57 million from the program to the KC-135 Stratotan

Boeing awarded $30.7M for MH-47G components for U.S. 2019-06-14 12:19:18 Boeing Co. received a $30.7 million order for Chinook helicopter components for the Army's Special Operations Command, the second contract in as man

Air Force tests hypersonic weapon aboard B-52 for 2019-06-14 12:05:23 The U.S. Air Force ran the first test of a hypersonic weapon on a B-52H Stratofortress, flying a sensor-only prototype of the AGM-183A to gather envi

Navy to christen littoral combat ship USS Minneapolis-St. 2019-06-14 12:04:11 The U.S. Navy said it will christen its latest Freedom-variant littoral combat ship, the future USS Minneapolis-St. Paul, Saturday morning at the Fin

Air Force diverted $66M from projects for chemical 2019-06-14 10:13:38 The U.S. Air Force diverted more than $66 million to cover the cleanup costs of harmful "forever chemicals" in the water supply, according to an an

Vehicles, equipment of new U.S. rotational unit arrive 2019-06-14 08:51:53 Vehicles and other equipment of a new rotational U.S. Army unit have arrived in South Korea to replace its predecessor set to complete a nine-month m

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From ICICI to Axis: Private banks cut deposit 2019-06-17 13:11:02ICICI Bank is understood to have cut its fixed deposit rates by 0.10-0.25 per cent starting from Monday

Amazon India is the country's most attractive employer 2019-06-17 12:47:34According to the REBR 2019, Amazon scored high on financial health, utilisation of latest technologies and a strong reputation

WI vs BAN LIVE ICC CWC 2019: Shakib 2019-06-17 12:43:59Bangladesh won the toss and put West Indies to bat first. Shai Hope missed his century while Shimron Hetmyer hit a quick-fire fifty as Windies posted

DCC asks Trai to review Rs 3,050 crore 2019-06-17 12:20:10Both Airtel and Vodafone Idea have recently concluded their rights' issues to pare debt

HDFC MF takes Rs 500 crore of Essel 2019-06-17 12:19:12Investors of FMPs maturing before expiry of 'standstill' agreement allowed to exit.

J P Nadda appointed BJP working president, Amit 2019-06-17 12:04:35Shah's tenure ends in December 2019 and he may not like to get an extension as the party has principal of 'one man, one post', sources said

IndiGo moves away from Pratt & Whitney, places 2019-06-17 11:39:48CFM International will deliver the first engine by 2020

India Inc's advance tax mop-up surges 171% in 2019-06-17 11:15:48Mumbai collected Rs 17,174 crore of advance taxes against Rs 7,356 crore in the same period last year, according to data compiled by the tax dept.

Over and out for Jet Airways as lenders 2019-06-17 10:57:25State Bank of India and other lenders will refer the airline to NCLT later this week

Sotheby's sold for $3.7 billion to telecom billionaire 2019-06-17 10:24:36Sotheby's is returning to private ownership after 31 years as a public company.

Fitch cuts India's GDP growth forecast to 6.6% 2019-06-17 09:23:59In the last fiscal, Indian economy grew at a 5-year low pace of 6.8%

West Bengal doctors to call off strike as 2019-06-17 09:19:38A formal announcement on withdrawal of the strike is likely to be made from the epicentre of the protest, the NRS Medical College and Hospital


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