International Customs

OTTAWA: The OECD has trimmed its 2015 economic growth forecast for Canada, citing weaker investment in the energy sector following...

Canadian auto sales rise by 1.1% in 2015

TORONTO: Canadians bought a record number of new vehicles in May as auto sales climbed 1.1 per cent from the...

Atlantic Canada’s food processing sector losts third of its jobs since 2005: report

HALIFAX: A new report says consolidation in Atlantic Canada’s food processing sector has significantly reduced the region’s work force over...

Cineses investments vital to boost Brazil’s economy: experts

RIO DE JANEIRO - Chinese Premier Li Keqiang's recent visit to Brazil will lead to huge investments vital to boosting...

Venezuela warns Exxon Mobil to stop oil drilling operations at Essequibo

CARACAS: Venezuelan Foreign Affairs Minister Delcy Rodríguez stated that Venezuela upheld its sovereign claim over the Essequibo as a Venezuelan...

US charges 4 suspects in cross-country insider trading scheme

CALIFORNIA: An ex-day trader and three associates posed as financial portfolio managers and got access to confidential information they used...

US businesses add 201,000 jobs in May: ADP

NEW YORK: Businesses added 201,000 jobs in May, payroll processor ADP said, as the labor market continued to bounce back...

Jordan’s businesspeople ask Kuwait to improve flow of goods

AMMAN: Representatives of Jordan's industrial and commercial sectors on Tuesday urged Kuwaiti authorities to remove administrative and technical obstacles hindering...

JEDCO to give loan worth of JD1.4 m to resurrect National Steel Industry

AMMAN: National Steel Industry Company will resume production by mid-July, shareholders were told this week by Vice Chairman and General...

Jordan’s Central Bank’s liquidity position reaches JD4.4b

AMMAN: The Central Bank of Jordan (CBJ) announced Monday that the obligatory reserved volumes held at CBJ amounted to JD1.5billion...

Hungary’s daily share turnover drops to HUF 9.2b in May

BUDAPEST: Daily share turnover on the Budapest Stock Exchange fell to HUF 9.2 billion in May, down 31.8% as compared...

GKI raises 2015 GDP forecast to 2.5% for Hungary

BUDAPEST: Economic research institute GKI raised its projection for Hungary’s GDP growth this year from 2% to 2.5% based on...

Hungary’s commercial air traffic increases by 11.5% to 700,818 aircraft flying y.o.y.

BUDAPEST: Hungary’s air traffic increased to 700,818 aircraft flying in Hungarian airspace in 2014, up 11.55% from 2013, online business...

ÁKK sells HUF 40b of 3month bills at auction

BUDAPEST: The Government Debt Management Agency (ÁKK) sold HUF 40 billion of discount three-month T-bills at auction yesterday, in line...

Hungarian ÁKK exchanges HUF 34.5b of bonds at switch auction

BUDAPEST: The Government Debt Management Agency (ÁKK) exchanged HUF 34.5 billion of bonds maturing in 2024 for ones that expire...

Aryzta revenue up 13.2%, but underlying revenue down 2.3% in its Q3

BERN: Swiss bakery business Aryzta AG (ARZTY.PK,ARZTF.PK), in its third quarter trading update for the period ended 30 April 2015,...

Polish coal miners suffer loss of PLN 800.6m in 1st four months of 2015

WARSAW: Polish coal miners posted an aggregate net loss of PLN 800.6 million in the first four months of 2015,...

Denmark Maersk Line seals $1.8b order for 17 huge container ships

COPENHAGEN: Maersk Line has sealed a $1.8billion order for up to 17 huge new container ships at DSME in Korea.The Danish...

Philippines Customs seizes P13m worth of 320,000kg imported sugar

MANILA: The Bureau of Customs seized some P13 million worth of illegally imported sugar, candies, toys and other goods at...

Bulgaria Customs agency head Vanyo Tanov launches inspection at Lukoil Neftochim