Brazil maintains oil price formula for Petrobras royalties
SAO PAULO: Brazil's President Dilma Rousseff approved a resolution to maintain the current system for establishing the minimum price of...
Belarus restricts poultry imports from France, Scotland
PARIS: Belarus has restricted poultry imports from Haute-Garonne of France and Fife of Scotland, BelTA learned from the Veterinary and...
Asia ex-Japan’s growth to decelerate further in 2016
TOKYO: Bizwealth caught up with Anthony Ho, chief investment officer, Asia ex-Japan equities, and deputy chief executive officer of Amundi...
Irish food, drink exports surpass €10.8bn
DUBLIN: The value of Ireland’s food and drink exports rose 3% last year to move beyond €10.8bn, according to the...
Trade agreement negotiations with S. Korea to start in Quito
SEOUL: Representatives of the governments of Ecuador and South Korea begin next 26 January to negotiate a strategic agreement on...
Greece refiner agrees to resume Iran oil purchase
ATHENS: Greece’s main oil refiner Hellenic Petroleum has reached an agreement with Iran for importing crude oil now that international...
Argentina Govt to allow beef imports
BUENOS AIRES: Argentina will allow beef imports if the recent opening of the export market results in a domestic shortage...
US suspends imports of Moroccan citrus
WASHINGTON: According to Moroccan media, the decision came after the US Food Safety and Inspection services (USDA) discovered a shipment...
Netherlands agricultural exports to hit €82bln in 2015
AMSTERDAM: Total exports of agricultural products for the Netherlands in 2015 amounted to 82.4 billion euros, again exceeding the previous...
Canadian oil exports to U.S. reaches highest level ever
TORONTO: The depressed Canadian oilpatch is getting a market share boost as U.S. tight oil production declines. Canadian crude oil...
Price declines impact China’s trade with Saudi Arabia
RIYADH: The plunge in oil prices dragged down China’s trade with Saudi Arabia and Iran last year, but growth potentials...
HPCL plans to buy Iranian crude for first time since 2012
TEHRAN: Hindustan Petroleum Corp(HPCL.NS) plans to import crude from Iran this year for the first time since 2012, its refineries...
Norway exports 108.4 bcm of pipeline gas to Europe in 2015 -Gassco
OSLO: Norway exported 108.4 billion cubic metres (bcm) of pipeline gas to Europe in 2015, a more than 7 percent...
German hard coal imports fall 4% in 2015 -importers
BERLIN: Germany imported 54 million tonnes of hard coal in 2015, 4 percent less than in the previous year, coal...
Iran, Spain discussing possible construction of refinery
MADRID: The governments of Iran and Spain are discussing the possible construction of an Iranian-owned refinery at the Gibraltar strait,...
Taxi drivers in Hungary demand Uber to be shut down
BUDAPEST: Taxi drivers in Hungary's capital demonstrated on Monday against ride-hailing service Uber, whose growing popularity they find unpalatable amid...
Turkey urged to help Kandahar fruits reach Europe
KANDAHAR CITY: Traders in southern Kandahar province on Thursday urged the Turkish ambassador in Afghanistan to facilitate their dried and...
Eurozone private sector hit by market volatility
COPENHAGEN: Private sector growth in the eurozone has slowed to the weakest in almost a year as volatility in financial...
Russian stores run out of iPhones amid ruble slide
MOSCOW: Russian retailers say they are running out of iPhones as consumers rush to buy before prices are adjusted to...
Iran to export 10 bcm of gas per year to Oman
TEHRAN: Iran will export 10 billion cubic meters (bcm) of gas per year to Oman upon the complementation of Iran-Oman...
