International Customs

MOSCOW: Lukoil retains interest in participating in the auction for Erginskoye oil field in the Khanty-Mansiysk Autonomous region and plans...

Bangladesh frozen food exporters seek tax cut in upcoming budget

U.S. tax cut hopes sent state collections down in April

WASHINGTON: U.S. states collected less personal income tax revenue in April than they did a year earlier, a Reuters analysis...

Russia to export 60,000 tons of wheat to Venezuela per month

MOSCOW: Venezuelan President Nicolas Maduro announced Thursday his government had secured a major wheat deal with Russia. “We are ready,...

Saudi-US trade volume exceeds SR2 Trillion in 10 years

RIYADH: The Ministry of Commerce and Investment said the volume of trade exchange between the Kingdom and the US in...

Customs donates bags of rice to IDPs

ABUJA: The Nigeria Customs Service (NCS) has donated 300 bags of 50kg rice to the Internally Displaced Persons (IDPs) in...

Romanian tax authority finds over EUR 26 mln unreported revenues

WASHINGTON: Inspectors of the Romanian tax authority ANAF have found unreported revenues of EUR 26.5 million (RON 119.5 million) during...

Colorado’s unemployment rate, 2.3%, is nation’s lowest for 2nd straight month

WASHINGTON: Colorado’s unemployment rate fell again in April even as it remained the lowest in the nation for a second...

Poland’s oil and gas company takes on Russia’s Gazprom

WARSAW: Poland’s state-run oil and gas company PGNiG has called on the European Commission to slap Russia’s Gazprom with a...

Greece forced to cut pensions and increase tax again

ATHENS: Greek’s parliament has approved pension cuts and tax hikes sought by the country’s lenders to unlock vital financial aid....

Ukraine’s Jan-Apr coal imports down 9.7% on year to 4.83m mt

KIEV: Ukraine's total imports of coal, including coking coal, thermal coal and anthracite, decreased 9.7% year-on-year to 4.83 million metric...

Italy tax police seize documents from IBM in BT Italy probe

MILAN: Italian investigators have seized documents from the Milan offices of International Business Machines Corp as part of an investigation...

Norway April production down from March by 2 percent

OSLO: Preliminary figures for Norway show total production of oil and natural gas was down about 2 percent compared with...

Danish merchant fleet growing despite rough financial seas

COPENHAGEN: According to a new report by the Danish Shipowners’ Association (DSA), there are more ships under the Danish flag...

German labor tax burden too high: IMF

BERLIN: Germany should reduce its "large and increasing tax burden on labor" to boost employment in the country, the International...

Belgium fairness tax system violates EU law, court rules