Imports rebound at southern California ports
WASHINGTON: The two busiest U.S. ports on Thursday reported slight growth in imports, the latest sign that many companies are...
Trade volume at ports declines by 60% in Nigeria
WASHINGTON: Chief Remi Ogungbemi, the Chairman, Association of Maritime Truck Owners (AMATO) on said trade volume at the nation’s ports...
South Africa R7 bln commits to new port facilities
CAPE TOWN: South Africa President Jacob Zuma has announced that R7 billion has been committed to new port facilities. Delivering...
General aviation airplane shipments fall slightly in 2015
WASHINGTON: General aviation airplane shipments fell slightly last year, from 2,376 aircraft delivered in 2014 to 2,267 in 2015, representing...
Adani ports Q3 profit jump 26% at Rs 645 crore
NEW DELHI: Adani Ports and Special Economic Zone Ltd (APSEZ) on Friday reported a 26 per cent jump in consolidated...
Robot orders, shipments in North America set new records in 2015
LONDON: Robot orders and shipments in North America set new records in 2015, according to Robotic Industries Association (RIA), the...
Iraq oil revenues on just 15% of level 2 years ago
BAGHDAD: Iraq's oil revenues have sunk to just 15 percent of their value two years ago, Prime Minister Haider al-Abadi...
India’s retail inflation marginally hits to 5.69% in Jan
NEW DELHI: India's retail inflation marginally inched up to 5.69% in January, from 5.61% in December. This is the fifth...
Ghana’s inflation quickens to 19% in Jan
ACCRA: Ghana's inflation quickened to 19 percent in January from 17.7 percent recorded the previous month due to increases in...
Bangladesh Petroleum Corp issues first tender to buy oil in 15 years
DHAKA: Bangladesh Petroleum Corp (BPC) has issued its first tender to buy oil products in 15 years, in a move...
Congress bans import of forced labor products
WASHINGTON: A bill headed for President Barack Obama this week includes a provision that would ban U.S. imports of fish...
India’s tea exports to Pakistan rises 56%
NEW DELHI: India’s tea exports to Pakistan rose by 56 per cent to Rs. 139.74 crore in the first nine...
Abu Dhabi’s Mubadala seeks $2 bln loan refinancing
ABU DHABI: Abu Dhabi state-owned investment fund Mubadala is talking to banks to raise a loan worth up to $2...
Polish GDP growth in 2015 fastest in 4 years
WARSAW: The Polish economy grew by 3.9 percent year on year in the last quarter of 2015, the highest figure...
Nepal resumes regular fuel distribution after crisis
KATHMANDU: After more than five months of economic blockade and a resulting fuel crisis, the Nepal government on Friday commenced...
Portuguese State bank stems losses by 50%
LISBON: State-owned bank Caixa Geral de Depósitos (CGD), the largest bank in the Portuguese financial system, registered a negative net...
Al Omaniya posts OMR6.65 mln net profit
MUSCAT: Al Omaniya Financial Services, Oman’s largest non-banking financial company (NBFC), has recommended a dividend of 25 per cent comprising...
Finland total pays increase by 1.4% in Q3 last year
HELSINKI: The wages and salaries sum of the whole economy was 1.4 per cent greater in the past October to...
Ukraine cut gas import 15.9% in 2015
KIEV: Ukraine will be able to complete the heating season without buying Russian gas, Prime Minister Arseniy Yatsenyuk has said....
SMEs can borrow investment capital for supporting industries
HANOI: Small and medium-sized enterprises (SMEs) can borrow up to 70 per cent of the capital they need for investing...
