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BRASILIA: The U.S. dollar rose to another record high against the Brazilian real. The real, one of the worst-performing emerging-markets...

Indonesia: Port of Rotterdam agrees to construct deep sea port

MEDAN: The Port of Rotterdam Authority has signed a partnership agreement with the Indonesian Port Corporation Pelindo I in Medan,...

Pelindo to modernize, expand Kuala Tanjung Port to accommodate vessels

JAKARTA: Indonesia’s port operator Pelindo I said it will modernize and expand the port of Kuala Tanjung in North Sumatra...

Port of Baltimore ships 9.74m tons of cargo in 2015

NEW YORK: The port’s public terminals shipped a record 9.74 million tons of general cargo in the 2015 fiscal year...

UN officials visit Guyana to settle border controversy

GEORGETOWN: U.N. officials are visiting the South American country of Guyana to help settle a border dispute with neighboring Venezuela....

Cuba seeks to get global help to lift US trade restrictions

PETALING JAYA: Cuba is seeking Malaysia’s support to get the United States to lift a five-decade long trade blockade against...

Canada GDP shrinks by 0.1% in Q2 2015

OTTAWA: Canada's economy expanded in June but declined by 0.1 per cent for the second quarter as a whole, meeting...

US’s JFI Jets to begin operations to Cuba

HAVANA: JFI Jets has become the latest charter service to begin operations to Cuba. The operator secured U.S. clearance for...

Venezuela, Vietnam to strengthen trade ties

CARACAS: State President Truong Tan Sang reiterated Viet Nam's desire to deepen ties with Venezuela to benefit both countries during...

Venezuela, Russia to discuss stabilizing oil prices

CARACAS: The leaders of Russia and Venezuela, two of the countries hardest hit by plunging oil prices, will meet in...

Colombian smuggling industry sales drop by Venezuela’s border closure

CARACAS: The Colombian border city of Cucuta has long been overflowing with goods smuggled from Venezuela, but that could be...

Guyana rice harvesting likely to begin on Essequibo Coast soon

GEORGETOWN: Rice harvesting is expected to begin within another few weeks on the Essequibo Coast. According to reports, farmers are...

Argentina tax revenue rises to 33% in August

BUENOS AIRES: The Federal Public Incomes Administration (AFIP) has announced that it received tax revenues worth 132.52 billion pesos over...

Bangladesh: Chittagong Port Authority leasing out 3 container vessels

CHITTAGONG: The Chittagong Port Authority (CPA) is leasing out its three container vessels procured for the Pangaon Inland Container Terminal...

Australia’s economic growth slows to 0.5%: report

SYDNEY: Economic growth is slowing as the drag from weak exports and business investment overshadows any strength in consumer spending,...

Investment volume up 5.7% in Q2 in Hungary

BUDAPEST: Hungary’s Investment volume saw a year-on-year rise of 5.7% in the second quarter of this year after falling 4.5%...

Greece banks must be recapitalised before capital controls go: Eurobank chairman

ATHENS: Political stability and the successful recapitalisation of Greek banks are needed before Greece can lift capital controls imposed in...

Finnish VR group plans to shed 570 jobs

HELSINKI: The national railway operator VR Group is planning to cut up to 570 jobs as part of cost saving...

Finland focuses on expertise, bio-economy in billion euro investment

HELSINKI: Finance Minister Alexander Stubb (right.), Prime Minister Juha Sipilä and Justice and Labour Minister Jari Lindström at the press...

Karbonn introduces new smartphone under its ‘Titanium’ series, dubbed Titanium S200 HD