Home prices increase 31% in 2015
SHANGHAI: Sales of new homes by floor area rose 12.8 percent last year to 20.1 million square meters, the Shanghai...
US creates 151,000 jobs in January
WASHINGTON: About 151,000 jobs were created in the United States in January, a deceleration from recent months as firms shed...
Chicago Stock Exchange to be sold to a Chinese group
CHICAGO: The Chicago Stock Exchange announced on its website Friday that it has entered into a definitive agreement to be...
Mexico, China to implement $2.4b joint investment plan
MEXICO CITY: Mexico and China are working to implement a joint investment fund of $2.4 billion to promote development, an...
Imran asks govt to make FBR an autonomous body
DERA MURAD JAMALI: Pakistan Tehreek-i-Insaf (PTI) Chairman Imran Khan has taken the government to task for not reducing prices of...
Oman’s natural gas production, imports rise 5.6% in 2015
MUSCAT: Oman’s natural gas production and imports rose 5.6 per cent to 39,806 million cubic metres (MNCM) in 2015, up...
UAE, India trade rapidly grows over past two decades
ABU DHABI: Trade between the UAE and India has rapidly grown over the past two decades due to their strong...
China remains as Malaysia’s largest trading partner in 2015
KUALA LUMPUR: China retained its position as Malaysia's largest trading partner for the 7th consecutive year in 2015, despite dropping...
Saudi Arabia increases GCC geotextile material sector
RIYADH: While the planet is home to all of us, Bonar Natpet can arguably claim a larger share of the...
US Customs seizes 86 pounds of cocaine worth $1m
FAJARDO: U.S. Customs and Border Protection (CBP) and U.S. Immigration and Customs Enforcement (ICE) Homeland Security Investigations (HSI ) seized...
USA Customs nabs smuggler with cocaine
SAN CLEMENTE: Border Patrol agents arrested a man who allegedly attempted to smuggle cocaine through the Border Patrol checkpoint in...
US Customs seizes 2,300 pounds of cocaine worth over $172m
CORPUS CHRISTI: U.S. Customs and Border Protection, Air and Marine Operations (AMO) agents detected a cocaine smuggling venture resulting in...
Iran to start sending 300,000 bpd of crude to EU
TEHRAN: Iran will start sending 300,000 bpd of crude to Europe, 54% of the total it shipped before authorities on...
Russian gov’t to introduce tax on sugar, palm oil
MOSCOW: In an effort to increase federal revenues, the Russian government is set to introduce taxes on unhealthful products, the...
Protests cost Rs2.5b: PIA flight op partially started despite strike
ISLAMABAD: Pakistan International Airlines (PIA) has started flight operation despite strike by the employees of the national flag carrier as...
More than half of Russians negative on state of economy: Poll
MOSCOW: More than half of Russians have a negative outlook for the economic situation, the highest amount since the country's...
More than a billion pounds a year ‘lost to Government due to wealthy Britons avoiding tax’
LONDON: More than a billion pounds a year is being lost to the Government due to wealthy Britons avoiding paying...
Iran oil sales top 300,000 barrels
TEHRAN: Iranian Oil Minister Bijan Zanganeh says Iran’s crude oil sales to Europe after the lifting of international sanctions on...
Rolls-Royce to cut dividend payouts
LONDON: Rolls-Royce is poised to cut its dividend payment to shareholders for the first time in almost 25 years, underlining...
EU proposals will force multinationals to disclose tax arrangements
BRUSSELS: US multinationals such as Google, Facebook and Amazon will be forced to publicly disclose their earnings and tax bills...
