World Business

Markets, oil drop in Asia but bitcoin edges towards $50,000

12/02/2021

Asia markets slip as dealers take breath in holiday-thinned trade

11/02/2021

Asian markets push higher as traders focus on recovery outlook

10/02/2021

Asian markets track Wall St records on reopening hopes

09/02/2021

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World Business

A business, also known as an enterprise or a firm, is an organization involved in the trade of goods, services, or both to consumers.

Verizon and unions agree pay raises, 1,400 new jobs

01/06/2016

NEW YORK: A tentative deal between Verizon Communications Inc and leaders of striking unions includes 1,400 new jobs and pay...

Increasing ad blocker use threatens online revenue

01/06/2016

NEW YORK: Many of the world’s largest Internet companies, such as Google and Facebook Inc, rely heavily on advertising to...

Saudi Arabia owns just $52bn of U.S. stocks

01/06/2016

WASHINGTON: Bloomberg reporting closed the loop today on Saudi Arabian Foreign Minister Adel Al-Jubeir’s ridiculous claim that the country holds...

Uganda’s inflation rises to 5.4% in May

KAMPALA: Uganda's overall inflation rose to 5.4 percent year-on-year in May from 5.1 percent a month earlier, fueled by a...

Angola to increase banana exports to DRC

LONDON: In 2015, the Caxito-Rega company exported 200 tons of bananas from Angola to the Democratic Republic of Congo (DRC)....

Ghana exports US$9m worth of apparel under AGOA

ACCRA: Ghana’s export of apparel and clothing under the African Growth and Opportunity Act (AGOA) has expanded from less than...

Albania’s trade gap widens as exports fall

WASHINGTON: Albania's foreign trade deficit widened by 20.8% y/y to nearly ALL100.4bn (€726.5mn) in the first four months of 2016,...

Sweden GDP rises 0.5% in Q1

STOCKHOLM: The economy grew almost in line with estimates in the first quarter as consumer spending gained amid record stimulus...

Saudi best emerging market for deals: Citigroup

RIYADH: Saudi Arabia’s planned privatizations, including a share sale in the world’s biggest oil company, represent the biggest investment banking...

JX to process 769,452 b/d crude, export 220,143 b/d oil products in June

TOKYO: Japan's largest refiner, JX Nippon Oil & Energy, plans to process 3.67 million kiloliters (769,452 b/d) of crude oil...

Local unemployment rate shows decrease

WASHINGTON: The April unemployment rate in St. Joseph County decreased by four-tenths of a percent compared to a month earlier....

Spain to receive 15 LNG cargoes in July

LONDON: Spanish LNG terminals will receive 15 LNG cargoes in July and none for a total net intake of 1.92...

Uganda coffee exports jump 24% on year in April

KAMPALA: Coffee exports from Uganda, Africa's largest exporter of coffee beans, increased by 24% on the year in April as...

IMF approves $478m loan to support Suriname’s economic reform

PARAMARIBO: The International Monetary Fund (IMF) approved on Friday an economic program for the South American country of Suriname to...

India’s Sun probed by US

NEW DELHI: Sun Pharmaceutical Industries Ltd, India’s largest drugmaker, said its US unit received a grand jury subpoena from the...

Japan plans to export nursing care system to other Asian nations

TOKYO: Japan plans to launch a project this summer to export the country’s nursing care system and reap profits by...

HP posts reveneu of $12.7bn in 2Q

CALIFORNIA: Hewlett Packard Enterprise (HPE) announced its fiscal 2Q16 results. It reported revenue of $12.7 billion—a 1% rise YoY (year-over-year)...

US states stung by drop in April income tax revenue

CHICAGO: US state personal income taxes tumbled in the key revenue month of April due to lower investment returns from...

Google wins over Oracle in US$9bn Android trial

SAN FRANCISCO: A US jury on Thursday handed Google a major victory in a long-running copyright battle with Oracle Corp...

Mauritius trade deficit falls 1 pct in Q1 as import prices drop -data