IMF chief Lagarde set for second term
WASHINGTON: International Monetary Fund (IMF) Managing Director Christine Lagarde is poised to win a second term as the leader of...
Loans to industrial, service sectors grow at slower pace
BEIJING: Medium and long-term loans to the industrial and service sectors grew at slower pace in 2015, the central bank...
Cyprus’s economy grew by 1.6% in 2015: Finance Minister
NICOSIA: The economy of Cyprus grew by 1.6 percent in 2015 as the eastern Mediterranean island is preparing to exit...
Hungarian GDP records a growth of 2.9% in 2015
BUDAPEST: The Hungarian economy exceeded expectations in the fourth quarter of 2015, growing by 3.2 percent compared to the fourth...
Thai Govt regularizes 70,000 foreign workers in fishing industry
BANGKOK: Thai authorities have registered more than 70,000 undocumented foreign workers in the fishing industry, from an estimated overall of...
South Africa’s motor industry faces tough 2016
CAPE TOWN: South Africa's motor industry faces a third successive year of declining sales as a weak economy and rising...
Spain’s consumer prices fall by 0.3% in Jan
MADRID: Spain's consumer prices fell by 0.3 percent in January when compared with the same month of a year earlier,...
China Merchants to build deep-sea Lithuania port
BEIJING: China Merchants Group plans to build a new outer seaport on the basis of the existing Klaipeda seaport in...
Icelander nabs in Canada for drug smuggling
OTTAWA: An Icelandic woman is currently being held in custody in Canada on suspicion of smuggling considerable quantities of cocaine....
Philippines police seize drugs worth P.3m
MANILA: Police arrested four persons, including a foreigner, and hauled more than P300,000 worth of illegal drugs in separate operations...
Men arrested after drugs with street value of £2.3m seized at port
GLASGOW: Police have arrested two men in Glasgow after the seizure of £2.3m worth of drugs at a port. A...
US Customs confiscates marijuana worth $74k
TUCSON: Customs and Border Protection officers at the Raul Hector Castro Port of Entry arrested a McNeal, Ariz. resident Thursday...
U.S Customs announces the selection of key trade officials
WASHINGTON: U.S. Customs and Border Protection is pleased to announce the selection of the Deborah Augustin as the Executive Director...
US Customs nab man with 4 pounds of heroin, cocaine
TUCSON: Customs and Border Protection officers arrested a Phoenix man for an alleged attempt to smuggle nearly four pounds of...
Majority of Russians think inflation is too high
MOSCOW: The majority of Russians think that current inflation levels are very high and are trying to cut back on...
Russia’s first Islamic bank to open in March
KAZAN: The city of Kazan, which is sometimes referred to as the Muslim capital of Russia, is to host the...
Gazprom cuts spending on Power of Siberia pipeline
MOSCOW: For the second year in a row the Russian gas monopoly is reducing its budget for the construction of...
GlaxoSmithKline fined £37.6m for cheating NHS and taxpayer
LONDON: The drugs giant GlaxoSmithKline was accused on Friday of cheating the NHS and the taxpayer after it was hit...
Port of Felixstowe offers container weighing solution
LONDON: The Port of Felixstowe has confirmed that it will offer a container weighing service to ensure UK shippers are...
Port of Tyne announces contract with international plywood
LONDON: The Port of Tyne base Din South Sheilds in North East England has announced a new commerical agreement with...
