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IKEA becomes energy independent in the Nordic countries
COPENHAGEN: IKEA’s inauguration of a new wind farm in Glötesvålen, Sweden, IKEA has made IKEA energy independent in the Nordic...
Danish wind turbine Vestas notches 3 new agreements in a week
COPENHAGEN: Danish wind turbine producer Vestas has signed three new deals in Poland, Turkey and Mexico over the past week....
Australia onboard for int’l effort to upgrade creaking 100-year-old global tax system
CANBERRA: Australia is onboard for the international effort to upgrade a creaking 100-year-old global tax system. Australian Tax Commissioner Chris...
Australian banks bow to warnings to rein in investor property loans
CANBERRA: Australian banks are reining in their most profitable business after increasingly stern warnings from regulators that tighter mortgage lending...
Reserve Bank keeps official cash rate at 2% in Australia
CANBERRA: The Reserve Bank has left its official cash rate unchanged at a record low after its monthly board meeting...
NZ kiwiberry exports rise from 3,000 trays last year to 15,000 trays
WELLINGTON: New Zealand kiwiberry exports are up this year, according to Geoff Oliver, chairman of New Zealand Kiwiberry Growers. Volumes...
NZ terms of trade rise 1.5% in Q1 as imported petrol prices fall
WELLINGTON: New Zealand's terms of trade rose in the first three months of the year, snapping two quarters of decline,...
Z Energy shares rise 21% after Caltex acquisition
WELLINGTON: Z Energy shares have soared 21 per cent today after the news it has signed a $785 million agreement...
South Korea inflation at 0.5%, deflation fears persist
SEOUL: South Korea's inflation rate remained way below the central bank's target range in May as low crude oil prices...
A380 airplane being increasingly used for air routes to South Korea
SEOUL: The A380 airplane is being increasingly used for air routes to South Korea. At present, Korean Air, Asiana Airlines,...
OECD Korean Policy Centre conducts seminars to help FRCA
SEOUL: A total of 60 staff of the Fiji Revenue and Customs Authority will get to hear of the Korean...
Japan and South Korea world’s biggest financiers of coal
TOKYO: Japan and South Korea are the world’s biggest financiers of coal through export credit agencies, a new report has...
Japan’s tax breaks come in as lobsters or beef
Japan: Tax breaks come in many forms. Charitable gifts. Health care expenses. Mortgage interest payments. In this small fishing village,...
Ukraine cuts gas imports by 30% as Russia loses out to EU
KIEV: Ukraine's state-owned gas pipe network Ukrtransgaz has announced a 30% reduction in gas imports with some officials caliming the...
Activity at Karachi & Qasim ports
The Karachi Port handled 286,574 tonnes of cargo comprising 196,709 tonnes of import cargo and 89,865 tonnes of export cargo...
Yechury opposes handing over of Vizhinjam project to Adani Ports
NEW DELHI: CPI(M) has objected to the Kerala Government's move to handover the works of proposed Vizhinjam port to Adani...
Adani Ports gains 3%, RBI raises FII investment limit
ADANI PORT: Shares of Adani Ports and Special Economic Zone rallied 3 percent on Tuesday after the Reserve Bank of...
Electricity prices shows improvement for business users in Northern Ireland
DUBLIN: A report on electricity prices shows an improvement for medium and large business users in Northern Ireland during 2014....
DP World’s Antwerp Gateway to get major crane upgrade from 3 Kalmar STS
PARIS: Three Kalmar STS cranes operated by DP World at the global port operator’s Antwerp Gateway are to be heightened...
Rare Apple computer, fetches whopping amount of $200,000
NEW YORK: A California woman gets rid of a rare Apple computer that fetches a whopping amount of $200,000 from...
