China overtakes Germany in net capital exports in 2015: Ifo
MUNICH: China overtook Germany in net capital exports in 2015, German think tank Ifo institute reported here on Monday. According...
Indian ports sector to get benefit from several Govt plans
NEW DELHI: Indian ports sector plays vital role in fastening the country’s trade and economic growth as Indian ports handles...
IMF’s Lagarde calls on Gulf states to raise tax, cut spending
KUWAIT: The head of the International Monetary Fund (IMF) on Monday urged member states of the Gulf Cooperation Council (GCC)...
Bank of Ireland sees 30% increase in profits last year
DUBLIN: Bank of Ireland, one of the traditional "big four" Irish banks, on Monday reported an underlying profit of 1.2...
China Jan distillers’ grains imports up fourfold y/y -customs
BEIJING: China's imports of distillers' dried grains, a protein-rich feed ingredient, surged in January to 290,653 tonnes, or more than...
Adani Ports considering acquisitions in India, abroad
MUMBAI: Adani Ports and Special Economic Zone Ltd, India’s biggest private port operator, is looking to complete its “string of...
40 kg drugs seized in S. China drug factory bust
BEIJING: Police in south China's Guangxi Zhuang Autonomous Region have uncovered a drug production and distribution ring, with six suspects...
Govt moves to review ports concession agreement
WASHINGTON: Laments inadequate revenue from maritime sector IN its shopping for a balm to heal the ailing economy, the Federal...
Canada police seize meth worth over $14,500
WINDSOR: Windsor Police arrested two people from Windsor with intent to smuggle more than $14,500 worth of methamphetamine. Police seized...
Customs seizes $100,000 at Presidio port
PRESIDIO: Authorities made a big discovery at the Presidio port of call. More than $100,000 in cash was hidden in...
Border Patrol agents confiscate meth worth $266,700
SALTON CITY: El Centro Sector Border Patrol agents assigned to the Indio Station Highway 86 checkpoint, arrested a woman suspected...
USA Customs seizes hoverboards worth over $1.8m
HOUSTON: U.S. Customs and Border Protection officers working at the Houston Seaport seized more than 3,500 hoverboards, valued at more...
US Customs seizes meth worth over $40,000
DALLAS: U.S. Customs and Border Protection officers working at Dallas/Fort Worth International Airport (DFW) arrested a man after finding more...
IEA expects Russia to cut oil production by 275,000 barrels per day in 2021
MOSCOW: The International Energy Agency (IEA) expects that Russia will cut oil production by 275,000 barrels per day by 2021...
Schengen collapse could Cost EU $1.5 trillion – Study
COPENHAGEN: The strain of the ongoing migration crisis has sparked fears the EU's much celebrated passport-free Schengen travel zone could...
Russia’s grain export to UAE may grow from 0.5 million tons to 2-3 million tons
MOSCOW: Russia may build up export of grain to the United Arab Emirates from 0.5 million tons to 2-3 million...
British pound falls as London mayor backs brexit
LONDON: The pound sterling fell over two percent against the dollar early morning on Monday, reaching nearly 1.4 pound per...
Just 3% of heroin in Ireland is seized, says UN
DUBLIN: An estimated 97% of heroin being trafficked into Ireland is getting through undetected, according to a major report by...
Global smartphone shipments increase 12%
WASHINGTON: Global smartphone shipments increased by 12 per cent to hit 1.4 billion units in 2015, although there are signs...
Container volumes grow 7% in Jan
NEW DELHI: Container volumes at major ports jumped 7% in January this year on a year on year comparison says...
