International Customs

MUSCAT: Private deposits at the commercial banks in the Sultanate for the first two months ending February 2015 rose by...

US benchmark Texas delivery gains 18 cents to $59.87 for June

RIYADH: US benchmark West Texas Intermediate for June delivery gained 18 cents to $59.87 while Brent crude for July rose...

Saudi’s Tdawal shares up 0.85% to end at 31.70pts

RIYADH: Saudi Arabia stocks were higher after the close on Sunday, as gains in the Energy & Utilities, Transport and...

EU increasing pressure on US to include energy chapter in trans-Atlantic deal

ROME: The European Union is increasing pressure on Washington to include an energy chapter in a planned trans-Atlantic trade deal...

MasterCard Inc. to face antitrust complaint over fees

ROME: MasterCard Inc. is poised to receive an antitrust complaint from European Union watchdogs probing card-payment fees, according to three...

Port operator Pelindo I obtains Rp 5t in loans from 3 state lenders

JAKARTA: State port operator Pelindo I has obtained Rp 5.05 trillion (US$384.87 million) worth of loans from three state lenders...

Kuwait investors escape to real estate

KUWAIT: Investors kept away from the Kuwait Stock Exchange (KSE) and moved to real estate sector due to lower oil...

Qatar, Lebanon ready to enhance trade

DOHA: Minister of Economy and Commerce H E Sheikh Ahmed bin Jassim bin Mohammed Al Thani met Mohamed Choucair, Chairman...

EU ministers to launch Mediterranean naval mission to tackle migrant crisis

BERLIN: EU ministers have agreed to launch a sea and air mission that could in its later phases destroy vessels...

Taiwan gives 6 months to Alibaba to wind down Taobao’s operations

TAIPEI: Taiwan has given e-commerce giant Alibaba Group Holding Ltd six months to wind down its online marketplace Taobao’s operations...

Banking Group PLC, EU approves Sabadell’s $2.66b takeover of TSB banking group

BERLIN: European Union regulators said they had approved Banco de Sabadell SA’s £1.7 billion ($2.66 billion) takeover of TSB Banking...

Capitalization of Ukrainian Agro Holdings falls by 6.2% over past month

KIEV: UkrAgroConsult experts would like to draw your attention to declining capitalization of Ukrainian Agro Holdings by 6.18% over the...

EU new car registrations up considerably in April

BRUSSELS: There's been a surge in new car registrations in major European markets, providing another sign that the Continent is...

EU executive to present plan for leaner lawmaking

BRUSSELS: The European Union executive will present proposals to streamline how EU law is made, in a bid to defuse...

S. Korean Posco to sell 30% stakes to Saudi Arabia investment fund

RIYADH: Posco is set to sell a stake of at least 30 per cent in unlisted Posco Engineering & Construction...

Saudi oil exports to attract China vying US

RIYADH: kingdom has been compensating for the loss of sales by accelerating its pivot towards Asia, with China vying with...

8 Turkish caught for smuggling into Syria

ANKARA: Eight Turkish soldiers have been arrested on charges of smuggling weapons into Syria. These are the latest incidents in...

New Zealand authorities nab Polish gardener for plant smuggling

WARSAW: A polish gardener was caught trying to smuggle plant cuttings, a bulb, a tuber and seeds through customs -...

Kozhikode airport becomes central hub for gold smuggling

KOZHIKODE: As Customs authorities had anticipated, the relocation of many international flights to Kochi airport following the partial shutdown of...

Prices up on devaluation of Afghani currency against foreign currency