WELLINGTON: New Zealand has strict and effective controls over imported vehicles and has not suffered from a widespread “influx of...

BUDAPEST: American industrial machinery maker Flowserve Corporation will set up a 4.3 billion forint (EUR 13.8m) financial services centre in...

WASHINGTON: The Central Bank of Nigeria continues to restrict access to foreign exchange in an effort to reduce rapid spending...

TEHRAN: The latest official figures show that Asian imports of Iranian oil in March jumped 50 percent from a year...

BERLIN: German tourism giant TUI said it has agreed to sell off its Hotelbeds unit to two investment funds for...

HCM CITY: Australia has officially commenced a review to import fresh dragon fruit from Việt Nam. According to a press...

KIGALI: Burundi's trade deficit narrowed to 937.3 billion francs ($609.11 million) in 2015 from 985.1 billion francs a year before...

TAIPEI: Siliconware Precision Industries Co (SPIL) yesterday posted a 39 percent annual decline in net profit last quarter, but expects...

NEW DELHI: Kolkata Port Trust is embarking on seven key projects amounting to Rs 1,256 crore in the current financial...

TAIPEI: The Taiwan International Port Corp (TIPC) signed a memorandum of understanding (MOU) with the Subic Bay Maritime Authority (SBMA)...

JAKARTA: Cigarette producer PT Hanjaya Mandala Sampoerna Tbk announced here the other day that it would pay Rp 10.35 trillion...

BRASÍLIA: Political convulsions in Brazil are taking a toll on the port sector, forcing the resignation of Ports Minister Helder...

WASHINGTON: Essar ports said its subsidiary has won a contract from the Gujarat Maritime Board (GMB) to handle 15 million...

DOHA: Aamal Company (Aamal), one of the GCC’s fastest growing diversified companies, yesterday announced net profit of QR153.7m for the...

KUWAIT: State-owned refiner Kuwait National Petroleum Co (KNPC) yesterday signed the first tranche of financing for its multi-billion-dollar Clean Fuels...

GENEVA: Pilatus Aircraft of Switzerland has continued its 1 billion plus Swiss Franc (CHF) revenue streak for 2015 with the...

PARIS: French staffing firm Groupe Crit reported revenue for the first quarter ending 31 March 2016 of €469.8 million, an...

OTTAWA: The federal government is facing growing pressure to provide financial assistance to Bombardier Inc., even as the Montreal-based aerospace...

COLOMBO: The IMF has agreed a US$1.5 billion loan for Sri Lanka in support of economic reforms aimed at reversing...

KUALA LIMPUR: A total of RM96.94 million worth of drugs were seized by the police's Narcotics Investigation Department between January...