Vietnam cuts import tariffs on oil products from non-FTA countries
HANOI: Vietnam cut import taxes levied on oil products from countries it does not have free trade agreements with, the ...
Year: 2015
New study finds earth ate mercury like body early in its history
MEXICO: A Mercury-like body smashed into a young Earth and gave our planet's core the radioactive elements necessary to generate ...
Banks spends Sh5bn to lay off 900 staff in three years
NAIROBI: The banking sector has spent over Sh5 billion in the last three years in staff restructuring programs as the ...
European Commission helping Italy find solutions to its bad bank loans
ROME: The European Commission is helping Italy find solutions to its bad bank loans, a top European official said, raising ...
Kenya reintroduces capital gains tax
NAIROBI: Following an amendment in the 2014 Finance Act, Kenya reinstated capital gains tax (CGT) with effect from 1 January ...
Australian govt reneges on promise to cut company tax for big businesses
CANBERRA: The Australian government has reneged on a promise to cut company tax for big businesses. However, Prime Minister Tony ...
Adobe Systems releases security patches for ColdFusion, Flex, Flash Player
NEW DELHI: Adobe Systems released security patches for ColdFusion, Flex and Flash Player, the latter addressing a flaw for which ...
After selling 7.5b euros of bonds, Italy expected to issue bonds worth 40b euros this week
ROME: Italian bond yields inched up on Monday as the country kicked off the busiest week for euro zone sovereign ...
Tokyo stocks open flat, Nikkei 225 down 0.04pc
TOKYO: Tokyo stocks opened flat today while the yen held up on mostly lacklustre US economic data. The Nikkei 225 ...
Light construction vessel Olympic Bibby reaches Kleven Shipyard Norway
WESTHILL: Bibby Offshore officially christened the IRM (Inspection Repair and Maintenance) light construction vessel, the ‘Olympic Bibby‘, at the Kleven ...
Econet loses 20,500 subscribers, says Potraz
HARARE: The country’s largest mobile phone network, Econet Wireless, lost 20,500 subscribers over the quarter to December last year, the ...
Vessel-builder Vard Holdings incorporates new subsidiary in Norway for paid-up capital of $0.37m
OSLO: Singapore-listed offshore vessel-builder Vard Holdings has incorporated a new subsidiary, Vard Contracting, in Norway for a paid-up capital of ...
Bone-eating worms have exists for 100m yrs, study
WASHINGTON: A new study has shed new light on the nature of 'zombie worms' -- bone-eating creatures that were thought ...
Hong Kong stocks 0.22pc down at start, Hang Seng sheds 61.53pts
HONG KONG: Hong Kong's stock market has edged down 0.22 per cent in the first few minutes, taking a breather ...
Netherlands witnesses 20% increase in sales of electric and hybrid cars
AMSTERDAM: There was a 20% increase in the number of electric and hybrid cars sold in the Netherlands last year, ...
Total global remittance flows to developing countries rise to $436 billion
KATHMANDU: The fall in oil prices did not negatively affect the amount of cash sent by workers to their home ...
5% duty on retail price, 17% GST cost Rs95 per bag: Govt urged to abolish excise duty on cement
LAHORE: All Pakistan Cement Manufacturers Association (APCMA), in its budget proposals, has urged Federal Board of Revenue (FBR) chairman to ...
VietinBank to raise capital by 32% to 49.21 trillion dong
HANOI: VietinBank, the largest of Vietnam’s banks part-owned by private companies, said it will merge with unlisted domestic lender Petrolimex ...
Germany needs to make 90-100 billion euros investments annually
BERLIN: Experts have warned that the nation’s economic welfare could be at risk unless Berlin dramatically dials up investments. Especially ...
40,000 lorries pass through Port of Hamburg every day
BERLIN: The Port of Hamburg is becoming a ‘smart port’. Some 40,000 lorries pass through the port every day, and a ...
