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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

LONDON: A taskforce is being launched in an effort to improve efficiency and collaboration in the oil and gas industry....

Par pharma commences shipments of generic Androgel

SHIPMENTS: AbbVie (NYSE: ABBV) announced that it has begun shipping testosterone gel 1%. The U.S. Food and Drug Administration previously...

Operations at Mumbai Port Trust completely stop due to national strike

MUMBAI: Operations at Mumbai Port Trust were completely stopped due to the national strike today, but cargo handling at country's...

New England’s ports, long past prime, seek to stage comeback

NEW ENGLAND’S PORTS: The noise and bustle of nearby neighborhoods fade away at New Haven’s sprawling port. An oil and...

Queensland Govt rules out major development of port in Cairns

CANBERRA: The Queensland government has ruled out major development of a port in Cairns that would jeopardise Australia’s pledge to...

Ukraine increases import of natural gas by 72% from Slovakia