US Customs held town hall to discuss hours of operation at Raymond Port of Entry
PLENTYWOOD: U.S. Customs and Border Protection held an informational town hall meeting on Feb. 11 to discuss an adjustment to...
US import prices fall 1.1% in Jan
WASHINGTON: Prices for goods imported into the US fell sharply in January, the latest sign that a slumping global economy...
US Customs seizes narcotics worth $274,062
BROWNSVILLE: U.S. Customs and Border Protection officers at the Brownsville Port of Entry intercepted three loads of alleged narcotics over...
Aldi creates 5,000 jobs in the UK as it opens 80 new stores
LONDON: Aldi will hire 5,000 new members of staff in the UK as the discount supermarket chain plans to open...
Reckitt Benckiser profits up by 4%
LONDON: Nurofen owner Reckitt Benckiser defied the gloom among many consumer goods firms as it posted strong full-year profits yesterday....
Ikea accused of dodging $1.1 billion in corporate taxes
LONDON: Ikea has been accused of avoiding up to €1 billion ($1.1 billion) in corporate taxes between 2009 and 2014,...
Journalists should highlight key issues of trade for improving local economy: ICCI
ISLAMABAD: Islamabad Chamber of Commerce and Industry hosted a reception in honor of the new office bearers of National Press...
Italian diplomat for enlarging scope of trade partnership
KARACHI: Consul General of Italy Gianluca Rubagotti, while stressing the need to further increase cooperation between Italy and Pakistan, said...
Vietnam’s garment industry eyes $30 bln exports
HANOI: Many Vietnamese textile and garment companies have received enough orders to stay busy for at least the first half...
Canadian Solar increases shipment, revenue for 2015
OTTAWA: ‘Silicon Module Super League’ (SMSL) member Canadian Solar has revised upwards shipments and revenue guidance for the full-year 2015....
UK inflation rises in Jan as fuel price fall eases
LONDON: UK inflation edged up to a 12 month high in January, as a fall in petrol prices eased. Inflation,...
Loss of operating banks in Ukraine comes to UAH 66.6 bln in 2015
KIEV: The loss of Ukrainian banks (excluding insolvent) amounted to UAH 66.6 billion in 2015, whereas in 2014 this figure...
Russian vodka exports fall 40%
MOSCOW: Russian exports of vodka and other alcoholic beverages dropped sharply last year due to the Ukraine conflict and Western...
Dubai-Korea trade in first 9 months of 2015 scored AED 21 bln
DUBAI: H.E. Ahmed Mahboob Musabih, the Director of Dubai Customs, has received the Republic of Korea's Consul General in Dubai ...
KY’s tourism industry loses $432 mln in August revenues
NAIROBI: The drop in tourism business in August from July in 2014 cost the Kentucky economy $432 million. The tourism...
Nawaz directs NAB not to harass govt officials on corruption charges
BAHAWALPUR: Prime Minister Nawaz Sharif Tuesday directed the National Accountability Bureau (NAB) not to ‘harassing’ government employees on alleged corruption...
Airbus got 1,190 orders worth $159.9b in 2015
PARIS: Airbus revised upwards its 2015 net aircraft order book on Tuesday after it received orders very late in December....
Govt mulling to fix LNG price at $12 per mmbtu
ISLAMABAD: The federal government is mulling to fix price of liquefied natural gas (LNG) at $12 per mmbtu. The Oil...
Smuggling causing Rs 900b annual losses: TCR report
ISLAMABAD: Tax Reforms Commission (TRC), in its investigative report on the smuggled items, has revealed that the country’s economy is...
Asustek sees slight drop in 4Q15 revenues
WASHINGTON: Asustek Computer's fourth-quarter-2015 revenues were NT$123.99 billion (US$3.7 billion), down 2.4% on year while operating profits were NT$5.58 billion,...
