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SINGAPORE: The Singapore company accused of helping to smuggle weapons into North Korea in 2013 had also made illegal remittances...

Canada customs confiscates 52kgs of cocaine in Windsor

WINDSOR: Canada Border Services Agency says its officers have made a major cocaine bust at the Ambassador Bridge in Windsor,...

US customs seizes cocaine, marijuana in different enforcement actions

EL PASO: U.S. Customs and Border Protection Office of Field Operations officers working at the El Paso port of entry...

ExxonMobil’s removal of vessel is not irregular action: Guyana

GEORGETOWN: United States oil giant, ExxonMobil, in early June voluntarily removed its exploration vessel, the Deepwater Champion from Guyana’s Stabroek...

Guyana, T&T agree to Joint Commission to start business

GEORGETOWN: Trinidad and Tobago and Guyana have agreed to a Joint Commission to initiate and oversee collaboration in construction, education,...

Argentina small business sales rise by 1.7% for 8 consecutive months

BUENOS AIRES: Sales in the small business sector have risen for the eight consecutive months in July, increasing by 1.7...

Canada allocates $22.7m to improve Arctic shipping safety

OTTAWA: The Government of Canada revealed plans to invest $22.7 million over five years on a cash basis to improve...

BG Group FPSO starts production in Santos Basin, Brazil

BRASILIA: British multinational oil and gas major BG Group has reported first oil from the Cidade de Itaguaí floating, production,...

HSBC agrees to sell Brazil Business for $5.2b to Banco Bradesco

BRASILIA: HSBC Holdings PLC agreed to sell its Brazilian business for $5.2 billion, the latest retreat from its onetime ambition...

UAE customs arrests Nigerian for smuggling 3.7kg of cocaine

ABU DHABI: A Nigerian caught trying to smuggle 3.7 kilos of cocaine through Abu Dhabi International Airport in the lining...

‘New Suez Canal’ to be inaugurated on August 6

NEW YORK: The expanded Suez Canal will be inaugurated on August 6, 2015 by the President of Egypt Abdel Fattah...

Subsea 7 wins EPIC Egypt contract worth $500m

LONDON: Oslo-listed Subsea 7 has been awarded an EPIC contract worth around $500m from BP and it’s partner DEA for...

South Africa manufacturers remain challenged in Q3

JOHANNESBURG: The latest Purchasing Managers Index paints an encouraging start to the third quarter of the year, but shows there...

Hungary’s PMI down to 50.0 Pts in July: Halpim

BUDAPEST: Hungaryʼs seasonally-adjusted Purchasing Managersʼ Index (PMI) saw a fall to 50.0 points in July, down from June’s 54.9, the...

Rapper Snoop Dogg seized at Italy airport with $422,000 stuffed in his luggage

ROME: Italian police stopped California rapper Snoop Dogg as he prepared to board a private plane bound for Britain with...

Dutch manufacturing activity grows for 25th straight month in July

AMSTERDAM: Dutch manufacturing activity expanded for the 25th straight month in July, and output grew at the fastest rate in...

Royal Dutch shell Plc rating reiterated by Barclays

byMonitoring Report

AMSTERDAM: Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “overweight” rating reiterated by equities researchers at Barclays in a research...

South Africa’s mineworkers Union NUM’s few members reject 17% hike in gold

JOHANNESBURG: Some members of South Africa's National Union of Mineworkers (NUM) rejected a pay hike of up to 17 percent...

Portugal’s house evaluations fall back by 2.4% in June

LISBON: The average value of bank mortgage evaluations dipped by 2.4 percent in June, establishing an overall average of €1,030...

Greece may seek €24 billion in first draw from bailout aid