Azeri oil shipment from Ceyhan grows in Jan
BAKU: The State Oil Company of Azerbaijan (SOCAR) has announced the latest statistic data on Azeri oil export via main...
Customs airport command gets N126bn revenue target
ABUJA: The Comptroller General, Nigerian Customs Service, Col. Hameed Ibrahim Ali (retd.), has mandated the Murtala Muhammed Airport Command, Lagos...
Vodafone Spain revenues fall by 1.3%
MADRID: In the last quarter of 2015, Vodafone Spain saw its revenues fall by 1.3 per cent to €1.256 billion...
Ethiopia’s annual inflation increases to 10.2% in Jan
ADDIS ABABA: Ethiopia’s year-on-year inflation edged up to 10.2 percent in January from 10.0 percent in the previous month, the...
Canada trade deficit narrows to Can$585m in Dec
OTTAWA: Canada's trade deficit with the world narrowed to Can$585 million (US$424 million) in December, as both exports and imports...
ArcelorMittal plans to raise $3 bln from investors
LONDON: ArcelorMittal plans to raise $3 billion from investors and sell a $1 billion stake in Spanish auto-parts maker Gestamp...
Muscat shares close in red
MUSCAT: A decline in index heavyweights weighed on an otherwise stable MSM 30 Index which closed at 5,165.51 points, down...
Finland rents up by 3% in 2015
HELSINKI: The year-on-year increase in rents was 3.0 per cent during the fourth quarter of 2015. The rents of non-subsidised...
Russian Lukoil fuel stations to depart Poland
WARSAW: Russia’s largest private oil company, Lukoil, has decide to sell around 230 petrol stations in Poland and the region....
Vinamilk profit rises 28% in Vietnam
HANOI: The Viet Nam Dairy Products Joint Stock Company (Vinamilk) posted an after-tax profit of nearly VND7.8 trillion (US$350 million)...
Brazil considers flexible fiscal surplus target for 2016
BRASÍLIA: Brazil is considering a flexible fiscal surplus target for this year as plummeting revenue and political turmoil hamper efforts...
Turkey sees HDPE imports from US, Uzbekistan
ANKARA: High density polyethylene (HDPE) material from both the US and Uzbekistan is being increasingly offered into the Turkish market...
Nepal’s imports fall 26.5% in H1 of fiscal year
KATHMANDU: Nepal’s imports plunged by 26.5 percent in first half of the fiscal year as four-and-a-half-month blockade took its toll,...
Philippines forex reserves dip to $80.16 bln in Jan
MANILA: The country’s foreign exchange reserves declined in January due to strong outflows arising from payments by the national government...
Singapore airlines get shareholder dip to delist tiger air
SINGAPORE: Singapore Airlines reportedly said it would take Tiger Air private after more than 90 percent of Tiger's shareholders accepted...
Russia catches up with Saudi Arabia in oil exports to China
RIYADH: Russia is catching up with Saudi Arabia in oil exports to China. During 2015 it exported 42.43 million metric...
IMF urges Sri Lanka to cut fiscal gap, raise tax revenues
COLOMBO: The International Monetary Fund on Friday urged Sri Lanka to take steps to reduce its fiscal deficit and raise...
Japan Nippon Steel may buy Nisshin Steel
TOKYO: Japan's top steelmaker Nippon Steel & Sumitomo Metal Corp said on Monday it may buy fourth-ranked rival Nisshin Steel,...
North Korea plans to launch ballistic missile
SEOUL: North Korea plans to launch a ballistic missile between Feb. 7 and 14, a day earlier than originally scheduled,...
Australia enjoys strong trade ties with UAE
CANBERRA: Australia enjoyed strong trade ties with the United Arab Emirates in 2015 despite a drop in oil imports from...
