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REDWOOD CITY: Sheriff’s deputies booked a suspected gang member into a Redwood City jail on suspicion of three felony offenses...

JPPC generates revenue of $1.2b in Q1 2015

KINGSTON: Jamaica Private Power Company (JPPC) which operates a single power plant in Kingston generated revenues of US$11 million ($1.2...

Mexico starts anti-dumping probe into steel wire rod from China

MEXICO CITYY: Mexico will conduct an anti-dumping probe into steel wire rod from China, the economy ministry said. Three companies...

Jamaica: CFF hopes aims to increase its revenues in foreign markets

KINGSTON: Caribbean Flavours and Fragrances (CFF) is hoping to expand its footprint in the local and international markets following a...

Tencent Holdings to set up China’s first Internet-based life insurance company

BEIJING: Tencent Holdings Ltd will set up China's first Internet-based life insurance company with State-run firm CITIC Guoan Group, according...

China’s BYD to export 10,000 vehicles to Sudan

BEIJING: Warren Buffett-backed Chinese carmaker BYD Co Ltd said here the other day that it has inked a deal to...

China plans to cut import-export fees

BEIJING: China is planning to cut more import-export fees in a bid to buoy its sinking foreign trade. The government...

Qatar fertilizer market grows 143% in last ten years

DOHA: Qatar’s fertilizer market has nearly tripled in the last ten years, resulting in a manufacturing portfolio that places it...

China’s CRRC overseas revenue swells by 61.2% in H1

BEIJING: The world's largest train builder, China's CRRC Corporation, has posted a 6.85% increase in profit "attributable to the owner"...

Swiss rail operator launches online shopping service

ZURICH: Shopping for supermarket items by smartphone and picking them up at the train station half an hour later is...

Polish manufacturing index PMI suffers largest drop in 15 years

WARSAW: Poland's manufacturing sector purchasing managers' index PMI, a gauge of manufacturing sector activity, fell by 3.4 pts month on...

Swiss economy shows surprising growth of 1.2% in Q2

BERN: Domestic spending kept Switzerland’s economy expanding in the second quarter as government figures released on Friday showed a surprise...

Saint-Gobain clears hurdle in Sika takeover for 2.75b francs

BERN: The Saint-Gobain cleared a key hurdle in its bid for Swiss adhesives maker Sika, under a court ruling on...

Jordanian Tafileh to get JD149.272m for its development projects

AMMAN: Public expenditure on the Tafileh Governorate development programme between 2016 and 2018 is expected to stand at around JD149.272...

Hungarian ÁKK buys HUF 13.3 bln of bonds at reverse auction

BUDAPEST: The Government Debt Management Agency (ÁKK) bought a combined HUF 13.28 bln of bonds before maturity at a reverse...

Hungarian banks disburse HUF 684 b of loans in phase II of Funding for Growth Scheme

BUDAPEST: Net of repayments, banks disbursed HUF 684.1 bln in loans as of August 28 to small and medium-sized enterprises...

Portugal’s H1 budget deficit around 4.9% of GDP

LISBON: Portugal's public sector budget deficit in the first half of this year was equivalent to 4.9% of gross domestic...

Jordan expects JD213.101m for Karak development between 2016 – 2018: Fakhoury

AMMAN: Public expenditure on the Karak Governorate development programme between 2016 and 2018 is expected to stand at around JD213.101...

Jordanian lower house endorses a ban on foreign currency exchange

AMMAN: The Lower House on Tuesday endorsed a ban on foreign currency exchange companies seeking to open branches in Jordan....

Oil & Gas UK says ETF to maximise economic recovery from Continental Shelf