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Ukraine’s DTEK hopes $3b debt deal with banks by Oct 2015
KIEV: The headquarters of DTEK Holdings in Kiev. Ukraine’s biggest private power producer hopes to hammer out a deal with...
Chinese Customs seizes meat worth $490m
BEIJING: The General Administration of Customs said it has confiscated frozen meat with an estimated value of more than 3...
Dubai Chamber, Silicon authority sign MoU to enhance cooperation
DUBAI: Dubai Silicon Oasis Authority, or DSOA, has signed a Memorandum of Understanding, or MoU, with Dubai Chamber of Commerce...
Chinese firms save $23b after fees axed
BEIJING: Chinese firms could save more than 140 billion yuan (US$23 billion) each year after the government eliminated unreasonable administrative...
China to build world’s first tidal lagoon power plant in UK
BEIJING: A state-owned enterprise from China has been chosen to build a nearly 10-kilometer wall for the world’s first tidal...
Toyota recalls 7,340 RAV4s due to possible air leak in vehicle
BEIJING: Toyota announced it will recall 7,340 units of the 2015 RAV4 that were manufactured between April 7 and May...
Didi Kuadi taxi service violates regulations
BEIJING: Didi Kuaidi, China's largest taxi-hailing app provider by market share, crashed into regulatory barriers in Beijing. Beijing transportation authorities...
Customs seizes 5kg cocaine, arrests 1 woman at Dubai Airport
DUBAI: A woman was arrested for possessing and smuggling more than five kilograms of cocaine. Col Mohammad Thani Hareb, Director...
Customs arrests 7 at Hyderabad airport, seizes 4.2kg gold
HYDERABAD: Indian customs today arrested seven passengers who had arrived on an Air India flight from Dubai via Hyderabd at...
Italy, Iran ink trade insurance deal
TEHRAN: Iran and Italy on Sunday signed a bilateral trade insurance agreement which is expected to help facilitate commercial transactions...
Tiny thornbill mimics warning call of other species to scare predators away from its nest
LONDON: One of the tiniest birds in Australia has evolved a unique way of protecting its nest and young from...
Small bird fossil discovered in Araripe basin of Brazil
VOLOS: The 115-million-year-old remains of a tiny toothed bird with a two-pronged tail resembling a pair of darts have filled...
New Zealand dollar slips 71.14US cent ahead of US job data
FRANCE: The New Zealand dollar edged lower overnight as traders await the key US non-farm payrolls employment report in anticipation...
Major crops remain weak: Agri sector misses target, posts 2.9pc growth
ISLAMABAD: The country’s agricultural sector has grown to 2.9 per cent during 2014-15, missing the target of 3.3pc, however it...
Microsoft product portfolio buys German start-up behind Wunderlist app
BERLIN: Microsoft said that it has bought 6Wunderkinder GmbH, a Berlin-based startup behind the Wunderlist to-do list app. “The addition...
Costly bank transfer fees cost businesses £2b in 2014
BRUSSELS: More than £2bn could have been saved in costly transaction fees on non-EU international payments last year, according to...
Indian rupee flat at 64.01 per dollar in early trade
MUMBAI: The Indian rupee has opened flat at 64.01 per dollar on Friday against previous day's closing value of 64...
Pak rupee remain unchanged vas dollar
KARACHI: The Pakistan rupee remained unchanged in value against the US dollar on Friday, the last trading day. According to...
U.S. researchers uncover secret of Greenland’s vanishing lakes
MEXICO: Scientists were baffled last year after meltwater lakes atop Greenland's ice sheet suddenly drained out at rates rivaling Niagara...
Bees being tricked into letting mites into their hives because they smell like other bees
HONG KONG: A honeybee parasite called the varroa mite, which can hide in plain sight amid bee colonies by manufacturing...
