Vietnam steel firms seek temporary import tax
HANOI: Some steel companies want the Ministry of Industry and Trade to put up temporary barriers like higher import tax...
China’s Jan diesel exports at 730,000 tonnes -customs
BEIJING: China exported 730,000 tonnes of diesel fuel in January, the country's General Administration of Customs said on Sunday, down...
Jordan’s Imports, exports fall in 2015
AMMAN: Jordan’s total exports during 2015 amounted to around JD5.558 billion, recording a 6.6 per cent drop from 2014, the...
Samsung launches Galaxy S7, S7 Edge
BARCELONA: At least Samsung has officially unveiled its latest handsets Galaxy S7 and S7 Edge phone at Mobile World Congress...
U.S. exports of distiller’s grains set new record in 2015
WASHINGTON: U.S. exports of distillers grains (DG) — a co-product of dry mill ethanol production — set a new record...
California couple pleads guilty to smuggling more than 900 endangered sea turtle eggs into US from Mexico
CALIFORNIA: A Southern California couple pleaded guilty to smuggling more than 900 endangered sea turtle eggs into the United States...
Oil, gas companies accused of taking illegal profit
ISLAMABAD: The country’s renowned economic watchdog has accused oil and gas companies of violating Ogra's decisions to maximise profits on...
Hong Kong, China cargo ports crucial to stopping transnational drug smuggling: UN request to sign up to global crackdown
HONG KONG: A top United Nations anti-drug official has called on China and Hong Kong to sign up to a...
U.S continues to import record volumes of silver
WASHINGTON: According the most recent official data, the U.S. continues to import record volumes of silver. This is quite interesting...
Chile imports 921,600 mt of coal in Dec
WASHINGTON: Chile imported 921,600 mt of coal in December, up 48.7% from 619,771 mt of coal imported in the same...
Rebar prices fall in US Southeast under import pressure
NEW YORK: Falling import offers have dragged down domestic rebar prices in the US Southeast as mills look to combat...
German business Hungry to return to Russian market despite sanctions
BERLIN: In spite of sanctions there was a record turnout at a conference on Russian-German economic cooperation in Berlin on...
KSB service LLC starts operations at Abu Dhabi Ports’ Kizad
ABU DHABI: Al Masaood group along with its partner KSB AG of Germany – one of the world’s leading manufacturers...
Pesco okays Rs3 per unit cut for industries
PESHAWAR: The Peshawar Electric Supply Company (Pesco) has announced to reduce power tariff by Rs3 per unit for the industrial...
Russia to retain share on global oil market if production frozen – Minister
MOSCOW: Russia will retain its share on the global oil market if an agreement is reached on freezing production, Russian...
Russia-EU Trade to Return to Growth in 2016 – Minister
MOSCOW: Russian Economic Development Minister Alexei Ulyukayev expressed confidence here the other day that Russia-EU trade would resume positive trends...
Non-container ports in Texas reaping gains from new plants
WASHINGTON: The breakbulk and heavy-lift trade is alive and well in Texas. The state’s non-container ports are in the middle...
Naftogaz lawsuit against Gazprom stands at nearly $30bln
MOSCOW: Ukrainian Naftogaz is seeking compensation, the company's head said here the other day. "There are potential compensations which we...
Oil barges pile up outside ARA ports as storage fills
WASHINGTON: Dozens of barges carrying refined oil products are being held outside major northwest European ports as storage tanks are...
Investment banks’ trading revenue declined 9% in 2015: survey
LONDON: Revenue at the world's 12 largest investment banks from trading fixed income, currencies and commodities, known as FICC, fell...
