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NEW YORK: Apple has released its fourth beta for the upcoming iOS 9 mobile OS. Apple released the previous beta...

Afghan national arrested in gold smuggling case at Gandhi airport

KABUL: An Afghan national has been arrested for allegedly trying to smuggle in gold worth Rs 40 lakh at Indira...

North Asia purchases Iraqi oil 73% to 8.25mmt in June 2015

BAGHDAD: Iraq became South Korea’s third-largest source of oil in the first half of this year, boosting shipments to the...

Oman’s cement comp. profit down 40% to OMR5.44m in Q1 of 2015

MUSCAT: Doubling of the natural gas price from January this year has substantially pulled down the net profit of Oman...

Swiss Logitech Q1 revenue falls by 2% to $470 million

BERN: Swiss-American gadget maker Logitech International SA on Thursday posted a 2 percent drop in quarterly revenue, hurt by a...

Hungary’s Telenor Magyarország revenue slips 3% in Q2- 2015

BUDAPEST: Second-quarter sales revenue of Telenor Magyarország fell 3% to HUF 37.6 bln from the same period a year earlier,...

Siemens, BME wind up HUF 281 mln R&D project

BUDAPEST: The local unit of German engineering giant Siemens and the Budapest University of Technology and Economics wound up a...

Hungarian Alpha-Vet to spend HUF 400 mln on developments

BUDAPEST: Hungarian veterinary company Alpha-Vet is to spend HUF 400 mln to build a factory that would produce plant nutrients,...

Hungarian Sole-Mizo winds up HUF 1.8 bln development project

BUDAPEST: Hungarian dairy company Sole-Mizo, which is a unit of agribusiness Bonafarm, wound up a HUF 1.8 bln project aimed...

Approximately 2,600 people work in the Hungarian retail sector in May 2015

BUDAPEST: Approximately 2,600 fewer people worked in the Hungarian retail sector in May compared to February, Hungarian daily Népszabadság reported...

Court ruling hits Italian tax inspectors, hurts state finances

ROME: Italy's battle against rampant tax fraud has suffered a significant setback because of a court ruling that forced out...

South32 shares hike by 5% in June

CAPE TOWN: SOUTH32, the diversified mining company spun out of BHP Billiton, on Wednesday released "solid" June quarter production numbers,...

Russia and Turkey can’t agree on gas prices

ANKARA: Turkish officials told Reuters that Gazprom and Turkey are "likely to finalise a deal on natural gas prices by...

Virginia poultry cooperative plans turkey facility

ANKARA: The Virginia Poultry Growers Cooperative plans to build a turkey processing facility in Rockingham County that will increase production...

HSBC contemplates sale of Turkey business to ING