International Customs

ABUJA: The Oyo/Osun Command of the Nigerian Customs Service has in five months operations made 63 seizures and generated N6.4...

Collins Foods, value of Sizzler by $37.5m as restaurant chain’s revenue fell 8.5% to $88.5m in Australia

CANBERRA: Sizzler restaurants, the popular family steak houses of the 1990s, are on their way out. Its owner, Collins Foods,...

Kuwait starts talk with Saudi Arabia to resolve oil dispute

KUWAIT: Saudi Arabia and Kuwait have begun talks to resolve a dispute that halted oil production in the neutral zone...

FDI inflows to East, SE Asia grow by 10% to $381b: UN

JAKARTA: Combined foreign direct investment (FDI) inflows to East and Southeast Asia grew by 10 percent in 2014 to reach...

Taiwan’s industrial production index falls 3.18% to 106.71 in May

TAIPEI: Taiwan’s industrial production index dropped 3.18 percent annually to 106.71 last month, the first annual decline in the past...

Sri Lanka Customs orders to stop consignments of rejected Maggi Noodle from India

COLOMBO: The Consumer Affairs Authority (CAA) has instructed the Sri Lanka Customs to stop consignments of rejected Maggi Noodle from...

Hong Kong Customs seized 800kg drugs in Jan-May

HONG KONG: Hong Kong customs chiefs have described as "staggering'' an almost 200 per cent increase in the amount of...

1,562kg heroin seized since May 10 in Indian Ocean

NAIROBI: The United Nations has reported that 1,562kg (3,444 pounds) of heroin have been seized by international warships patrolling the...

Vard buys marine software, automation provider

ATHENS: Seaonics, part of Singapore-based shipyard group Vard, has acquired ICD Software, which provides automation and control system software to...

Statoil cancels COSL Oilfield Services rig contract 13 months before

ATHENS: Market oversupply has forced Statoil to cancel its charter of COSL Pioneer, a semi-submersible rig owned by COSL Oilfield...

Creditors set bailout ultimatum for defiant Greeces

ATHENS: Greece’s international creditors gave Athens an ultimatum to come up with a credible reform plan on Thursday warning they...

Crunch talks to avert default on Greece debt crises

ATHENS: Greece PM Alexis Tsipras has resumed talks with international creditors, with time running out to find a solution to...

Nostalgia for drachma grows in Greece

HELSINKI: In a traditional cafe in a working-class neighbourhood of Athens, 55-year-old musician Stelios Maragakis said he has the solution...

Spy agency says Norway needs more digital border surveillance

OSLO: Norwegian intelligence agencies should be given wide-ranging permission to gather data from electronic communications to prevent terrorism and espionage,...

BAM completes Jordan LNG terminal worth of €65m

AMMAN: BAM International, the operating company of leading European construction services firm Royal BAM Group, has completed the construction of...

Economy Minister Sigmar Gabriel says Germany to decide on climate levy on July 1 BERLIN: Germany is w

BERLIN: Germany is weighing up two alternative proposals on how to cut CO2 emissions from the energy sector and plans...

Jordan, IMF reach staff-level deal on final review to approve $400m

AMMAN: The International Monetary Fund (IMF) announced Wednesday that its mission for Jordan has reached a staff-level agreement on the...

Four Seasons Hotel in Amman, earns JD3.9 million in Q1- 2015

AMMAN: Lower earnings and profits during the first quarter (Q1) of this year took the shine off the rock-hard annual...

Greece complains over Portugal favouritism policy

ATHENS: Greece has complained over the raw deal it is being given by international creditors when it is compared with...

TAP enters into private ownership by sale of its 61% stakes