Azerbaijan’s oil exports fall 5% in Jan
BAKU: Azerbaijan's oil exports fell 5 percent in January to 2.7 million tonnes compared with the same period last year,...
Tax hikes failed to raise takings
ATHENS: The storm of fiscal measures introduced in the second half of 2015 hurt salary workers and pensioners considerably, as...
Zimbabwe to import 600k maize tons from Ukraine, Zambia
HARARE: The government has procured 615,000 tonnes of maize from Zambia and Ukraine for distribution to some of the close...
France hires staff to refine arms-export drive
PARIS: Direction Générale de l’Armament will likely recruit 160 staffers this year to work on export efforts as part of...
Vietjet signs $3 bln of deals at Singapore Airshow 2016
HANOI: Low-cost carrier Vietjet Air has signed contracts worth over US$3 billion at Asia 's largest aerospace exhibition, the Singapore...
MAPFRE raises revenues by 4.1% to over €26,700 mln
WASHINGTON: MAPFRE's revenues increased by 4.1% in 2015, exceeding €26,700 million, while premiums increased by 2.3%, amounting to €22,312 million....
Zug MPs call for new 5,000-franc banknotes
ZURICH: Two MPs from the canton of Zug’s parliament are calling on the Swiss federal government to create 5,000-franc banknotes...
Australia’s unemployment rate rises in Jan
CANBERRA: Australia’s unemployment rate unexpectedly climbed in January as full-time employment slumped by the most since 2013, reflecting waning stimulus...
IT systems top BIR priorities for 2016
MANILA: Improving information technology systems for online transactions tops the Bureau of Internal Revenue's (BIR) priorities this year. According to...
Budapest budget plans approved
BUDAPEST: The Budapest assembly passed the budget proposed by the municipality leadership on Wednesday. The budget plans for revenue of...
Irish shipments of Sheep meat to UK in Dec 2015
DUBLIN: Irish shipments of sheepmeat to the UK in December 2015 were back 3% on December 2014 to 500t, according...
Cargills 3Q profit to hit Rs.485.90 million
COLOMBO: Cargills (Ceylon) PLC posted a net profit of Rs.485.90 million for the quarter ended December 31, 2015 (3Q16) improving...
New Zealand exports of fruit, vegetables raise in 2015
WELLINGTON: The New Zealand export of fresh fruit and vegetables has grown considerably in 2015 compared to the previous year....
Akzo Nobel to buy BASF unit
AMSTERDAM: Akzo Nobel NV has agreed to buy a coatings business from BASF SE for 475 million euros to expand...
RWE suspends dividends
BERLIN: RWE, Germany’s second-biggest power supplier, yesterday said that it would partially suspend dividend payouts after running up a loss...
Turkey’s natural gas imports decline in 2015
ANKARA: Turkey's natural gas imports from Russia were 27 billion cubic meters in 2015, a decrease of 320 million cubic...
FIHC returning to US with new partner
TAIPEI: Formosa International Hotels Corp (FIHC), the nation’s largest listed hotel operator, yesterday entered into a partnership with a US...
China expects to increase soybean purchases in Brazil
BRASÍLIA: China is expected to increase this year’s soybean purchases from Brazil, which in 2015 saw its market share in...
Jokowi asks Facebook, Google to support Indonesia’s digital economy
JAKARTA: President Joko "Jokowi" Widodo has asked Facebook and Google for their support for Indonesia's goals of more technopreneurs and...
S. Korea’s logical property trade deficit hits record low in Q3
SEOUL: South Korea's trade balance from intellectual property rights remained in the red in the third quarter of last year,...
