Business International News

Volkswagen to invest $577 million in Brazil auto plant

(Reuters) – Volkswagen (VOWG_p.DE) will invest 2.4 billion reais ($577 million) in one of its Brazil factories, Sao Paulo state governor Joao Doria said on Thursday during a visit to the automaker’s headquarters in Germany. Sao Paulo state is the heart of Brazil’s auto industry, although its relevance has been in decline in recent years […]

Barbados News Business

B.A.S upset over imports

Approximately 23 thousand kilograms of pork have been imported into Barbados over the last eight to twelve weeks. That’s according to the Chief Executive Officer of the Barbados Agricultural Society, James Paul. He provided the figures during a press conference at the society’s headquarters this Friday afternoon. Mr. Paul argues the move was unnecessary as […]

Business International News

Trump calls on U.S. firms to exit China as trade war escalates

(Reuters) – President Donald Trump on Friday pressured U.S. companies to leave China after Beijing unveiled retaliatory tariffs on $75 billion in U.S. goods, stoking fears their escalating trade war will tip the global economy into recession. Trump, who has accused China of unfair trade practices and pushed for a deal that would rebalance the […]