EU to import 70,000 tons of duty-free Tunisian olive oil
BRUSSELS: European Members of Parliament have endorsed a plan to help the Tunisian economy in the wake of last year’s...
Thailand’s exports fall in Dec
BANGKOK: Thailand’s exports fell more than expected in December and contracted much more in 2015 than in the previous two...
Greek current account gap shrinks in November on cheaper oil
ATHENS: Greece's current account deficit shrank in November from the same month a year earlier, mainly due to a lower...
German import prices down at slowest pace in 4 months
BERLIN: Germany's imports prices declined at the weakest pace in four months during December, figures from Destatis showed Thursday. The...
Chevron to bring Rs 2b investment in Pakistan
KARACHI: Chevron Pakistan Lubricants has announced to bring more than Rs 2 billion investment in Pakistan in the next three...
Nanya Technology net income falls 60.6% in 2015
TAIPEI: DRAM chipmaker Nanya Technology Corp yesterday posted its weakest quarterly net profit in 10 quarters for the last quarter...
S. Africa domestic cementitious volumes increase 7.8% YOY
CAPE TOWN: Domestic cementitious volumes in South Africa increased by 7.8 per cent YoY to 3.6523Mt in the third quarter...
Govt urged to create a level playing field for e-commerce
JAKARTA: The government needs to create a level playing field regarding its plans to allow 100 percent foreign ownership of...
ADB to increase financial assistance
COLOMBO: Sri Lanka is slated to get US $ 1 billion from the Asian Development Bank (ADB) as financial assistance...
Qatar foreign trade surplus falls 14.8% to QR9.3bn in Dec
DOHA: Qatar’s foreign merchandise trade surplus (the difference between total exports and imports) was at QR9.3bn for December 2015. It...
OPEC will not cut output alone – KPC to invest $100bn over 5 years
KUWAIT: The Kuwaiti and Iraqi oil ministers said yesterday that OPEC will not cut production unless producers outside the cartel...
Algeria 2015 grain import volumes increases 11.2%
ALGIERS: Algeria's 2015 grain imports rose 11.2 percent to 13.67 million tons despite efforts to curb purchases from abroad, official...
Malaysia cuts 2016 growth forecast to 4-4.5% on oil woes
KUALA LUMPUR: Malaysia on Thursday trimmed its 2016 growth forecast as a slump in oil prices forced Prime Minister Najib...
New Zealand imports rise to record high in 2015
WELLINGTON: New Zealand imports rose to a record high last year as a decline in the value of the currency...
Las Vegas Sands’ Q4 earnings in Singapore fall 35%
SINGAPORE: Las Vegas Sands Corp, the world's largest casino operator, posted fourth-quarter sales and profit that missed analysts' estimates as...
Zoomlion offers $3.2b for US heavy machinery maker
BEIJING: China's Zoomlion Heavy Industry Science & Technology Co confirmed on Wednesday an unsolicited takeover bid for Terex Corp, the...
Scope of FTA with Chile to expand further
BEIJING: China and Chile are in talks to expand the 10-year-old free trade agreement between the two sides, to boost...
China Southern anticipates triple-digit profit rise in 2015
BEIJING: China Southern Airlines Co Ltd is predicting its net profit rose between 110 and 130 percent last year. Asia's...
Kia Motors revenue jumps by 9.3% in Q4
SEOUL: Kia Motors said Wednesday that its fourth-quarter operating profit rose on the back of strong demand for its new...
Monthly unemployment in France up 0.4% in Dec 2015
PARIS: The unemployment in France grew by 0.4 percent in December 2015 from a month earlier and saw a year-on-year...
