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LONDON: A shipment of cocaine worth almost half a million pounds has been seized from a yacht moored at Brighton...

New Zealand customs seizes HK$1.2b worth of crystal meth

WELLINGTON: A coordinated regional crackdown on the scourge of crystal meth - in which China and Hong Kong play a...

US, Cuba sign banking agreement

HAVANA: In addition to the opening of embassies in Washington and Havana, the U.S. and Cuba officially established a banking...

Brazil reports active mobile lines down 0.6%

BRASILIA: Brazil reported a total of 282.45 million active mobile lines at the end of June, down 0.6 percent from...

Brazil to slash fiscal savings goal due to falling tax revenues

BRASILIA: Brazil will drastically slash its key fiscal savings goal for this year due to falling tax revenues but plans...

Commodity prices indices likely to fall as supplies rise: World Bank

WASHINGTON: The outlook for commodities remains grim for this year, except that oil will fall a bit less than previously...

Japan stops writing insurance for trade after auto payment defaults

CARACAS: Japan's government-backed export insurance agency said it has stopped writing insurance for trade and investment in Venezuela after facing...

Venezuela task force arrest 2 National Guards for drug trafficking

CARACAS: An anti-narcotics task force arrested former National Guard Capt. Vassyly Villarroel Ramirez, according to a statement released by the...

Guyana aims to export agric products to Brazil

GEORGETOWN: Steps are to be taken to enable Guyana’s agricultural produce to enter Brazil following a meeting in Boa Vista...

Guyana suspends work amid disputes at Cheddi Jagan Airport

GEORGETOWN: Guyana has suspended work by a Chinese state company in a dispute over missed deadlines and what the government...

Strong dollar takes bite out of Novartis sales to $4.1b in H1

BERN: Swiss pharmaceutical giant Novartis reported $4.1 billion (€3.8 billion) in income for the first half of the year, down...

Polish natural gas H1 sales increases by almost 50% y/y

WARSAW: Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) announced its estimated Q2 results, ISBNews reported. In Q2, the company sold 4.67...

BIEC calcultes prosperity index to 98.5pts

WARSAW: The prosperity index calculated by the Bureau for Investments and Economic Cycles (BIEC) plummeted to 98.5 points. This is...

Polish Legia Warsaw sells woth €24.5m: Puls Biznesu

WARSAW: Legia Warsaw was sold for €24.5 million, which translates to roughly PLN 100 million, Puls Biznesu reported. Last January,...

Spain expects to be a top job creator in 2016

MADRID: Projections released on Thursday predicted that Spain will be one of the top job creators among advanced economies in...

Greece’s shipping industry amy face heavey presure after bailout reforms