International Customs

MOSCOW: Russia’s currency, Ruble, weakened 0.3 percent to 52.5840 in Moscow, paring this week’s gain to 9 percent, the most...

Iran’s annual trade reaches $150b in 2014

TEHRAN: Iran’s annual trade amounted to $150 billion in the previous Iranian calendar year, which ended on March 20. Iranian...

Number of Iran’s capital market shareholders hit 7.996 million

TEHRAN: The officer of Iran Central Securities Depository, Motahhareh Moravvej, said that number of Iran’s capital market shareholders hit 7.996...

Dubai’s Dragon City to enhance trade with China

DUBAI: People’s Republic of China‘s Ambassador to UAE, Chang Hua, said that Nakheel’s recently announced, 11 million sqft Dragon City...

Kazakhstan court sends 3 smugglers to Russian custody

MOSCOW: Kazakhstan court has ordered three men suspected of organizing illegal migration of Uzbek citizens to Russia to be held...

Bangladesh exports up 2.98% amid political unrest

DHAKA: Bangladesh exports raised 2.98 percent in first nine month of current fiscal year, beginning on July 1 last year....

US Authorities seize $140,000 in drugs at Arizona-Mexico border

PHOENIX: Federal authorities arrested a Mesa woman and two others and seized nearly $140,000 in drugs in one day during...

Lime production reduced 20% in Argentina due to floods

BUENOS AIRES: The weather is delaying it. There have been excessive rains throughout all of Tucumán that are affecting the...

Airbnb offers Cuba lodgings major US business expansion

HAVANA: The popular online home-rental service Airbnb is allowing American travelers to book lodging in Cuba starting Thursday in the...

Brazil turning to 350MW floating solar power project to help relieve energy crisis

BRASILIA: With Brazil’s historic drought drying up its hydroelectric plants, the South American country is turning to solar power to...

Nigeria customs generate N1.2 billion in Ogun January, February

LAGOS: The Nigeria Customs Services, Ogun State Command on Thursday said it generated N1.2billion between January and February 2015. The...

US customs seizes $300K in undeclared tobacco at Lewiston bridge

NEW YORK: US Customs and Border Protection officials announced that $300,000 in undeclared loose-leaf tobacco was seized at the Lewiston-Queenston...

Pressure mounting on Ports of Auckland to postpone two massive wharf extensions

Pressure is growing on Ports of Auckland to stop construction of two massive wharf extensions into Waitemata Harbour. Auckland Mayor...

India’s industrial production up 5% in Feb, highest in 9 months

NEW DELHI: The Asia's third-largest economy, India, has recorded five per cent growth in industrial production in February, which is...

Norway Shipowners Association members less optimistic about 2015 profits

OSLO: The Norwegian Shipowners' Association says its 150 members are less optimistic than last year about the prospects for increased...

Kamarajar Port records 10.64% growth, awards construction of 4th coal berth worth Rs 320cr

NEW DELHI: India’s only corporate major port announced 10.64 per cent growth in its cargo handling for 2014-15. Its target...

France, German sign double tax treaty changes

BERLIN: The Governments of France and Germany signed an amendment to the France-German treaty dated (the “Treaty”), which will have...

Firefighters extinguish blaze after 8 days, six fuel tanks in Brazilian Port of Santos burned

Firefighters declared extinguished the blaze that broke out eight days ago and burned six fuel tanks in the Brazilian Port...

Bankruptcies in Spain decrease 30% in Q1 of 2015

MADRID: According to Price Waterhouse Coopers the number of companies entering bankruptcy proceedings in Spain during the first quarter of...

Turkish Customs nabs 589 migrants at Greece’s border, 15 on Syrian border