International Customs

KATHMANDU: Nepal imported Rs12.40 billion worth of rice in the first 10 months of the fiscal year recording a rise...

US seeks tenant to reactivate South Brooklyn terminal

NEW YORK: New York officials are seeking a tenant to reactivate the South Brooklyn Marine Terminal, which recently was designated...

India considering 10% import duty on wheat to curb shipments

NEW DELHI: The government is considering imposing 10% import duty on wheat to curb shipments and liquidate poor quality grains lying...

US-Canada trade hurts by strong US dollar, low oil prices

OWWATA: The value of goods shipped across the U.S.-Canadian border dropped 12.5 percent in April, thanks in part to a...

Venezuela armed gangs ‘pirates’ steal equipment from oil wells in Lake Maracaibo

CARACAS: When night falls over western Venezuela, armed gangs known as "pirates" sometimes ride boats into muggy Lake Maracaibo to...

Guyana, Commonwealth to implement anti-corruption measures

GEORGETOWN: Visiting Secretary General of the Commonwealth, Kamalesh Sharma said that the body is prepared to work with the new...

Plea bargain: Khamraj Lall agrees to take steps to transfer plane, cash to US

GEORGETOWN: A Guyanese-born pilot nabbed by Puerto Rican authorities in a high profile arrest back in November while transporting more...

Swiss Customs intercepts 600 packages of medicine being shipped into the country

BERN: As part of a weeklong international operation, Swiss customs have intercepted 600 packages of medicine being shipped into the...

The Swiss National Bank braces for Grexit

BERN: Greece Private Sector StrikeThe Swiss National Bank decided to bern maintain the interest rate on sight deposit account balances...

Poland’s Labor demand increases in Q2-2015: Central bank

WARSAW: Poland has seen a renewed increase in the number of job vacancies in Q2 after stabilization in Q1, a...

Polish finances 73% of 2015 borrowing needs PLN 58b

WARSAW: The Polish government has financed 73% of its 2015 borrowing needs and is sitting on ca. PLN 58 billion...

Poland’s coal-mining region to get government’s support

WARSAW: The Polish government held its weekly sitting in the southern city of Katowice, Lower Silesia on Tuesday during which...

Polish manufacturing index PMI rise 1.9Pts first time since January 2015

WARSAW: Poland's manufacturing sector purchasing managers' index PMI a gauge of manufacturing, rose by 1.9 pts month on month to...

Spanish Jobless claims declines last month by 94,727 or 2.25 percent to 4.12 million

MADRID: The number of registered unemployed fell in Spain for the fifth straight month in June, although the drop was...

Statoil suspends drilling rig in Norwegian Sea until March 2016

ATHENS: Statoil has idled its Scarabeo 5 drilling rig “due to overcapacity in its rig portfolio”. The rig will be...

Kuwait parliament passes $23.2 billion deficit budget

KUWAIT CITY: Kuwait’s 47 members of parliament have passed 7.0-billion dinar ($23.2 billion) deficit budget for the fiscal year 2015-16....

South Korean exports declines for sixth month in June, government stimulus looms