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.

Uzbekistan’s fruit, veg exports to Russia up 10%

25/05/2016

LONDON: Russia is still looking for alternative suppliers for fruits and vegetables and one of the countries it has set...

Indonesia to import 10,000 tons of beef

25/05/2016

JAKARTA: Indonesia will import 10,000 tons of beef from several countries, including Australia, in a bid to stabilize rising beef...

Kazakhstan continues to cut apple imports

WASHINGTON: Fruit-Inform reports that since the beginning of the 2015/16 season Kazakhstan has been reducing its apple imports; now imports...

Nigeria imports $80m tomato paste annually

ABUJA: A research firm, Agusto and Company, has reported that although Nigeria accounts for about 10.8 per cent of Africa’s...

Tanzania cuts power imports from Kenya by 67%

NAIROBI: Tanzania will reduce the amount of electricity it buys from Kenya by 67 per cent. In a statement last...

Japanese exports drop at fastest rate in 3 months

TOKYO: Japan’s exports fell in April at the fastest pace in three months as a stronger yen, and slowdown in...

Q1 global smartphone sales up 3.9% at 349m

NEW YORK: Sales of smartphones around the world in the first quarter rose 3.9 percent year on year to 349...

Anderson unemployment rate sinks to 4.7%

WASHINGTON: The April employment picture in the Anderson area remained among the brightest in South Carolina. Unemployment rates in Anderson,...

Kenya cuts rates for first time since 2013 on slowing inflation

NAIROBI: Kenya’s central bank cut its key rate by 100 basis points to 10.5 percent, the first reduction in three...

Hawaii unemployment rate drops to 3.2% in April

LONDON: Hawaii’s unemployment rate dropped to 3.2 percent, seasonally adjusted, in April, from 3.8 percent during the same month last...

Singapore’s inflation continues to slow down in April

LONDON: Inflation in Singapore continued to decelerate in April. It slowed to 0.5% y/y from March’s figure of 1%. The...

China targets poverty

BEIJING: Development Bank of China, one of the country’s main policy lenders, plans to lend 3 trillion yuan (US$458.3 billion)...

Budweiser faces fine in US

WASHINGTON: The company that produces Budweiser is facing a US$150,000 fine and a three-day suspension after an investigation showed it...

Crackdown looms for India’s richer tax cheats

NEW DELHI: Indian Prime Minister Narendra Modi has vowed to crack down on tax avoidance — notorious in India, especially...

Venezuela oil price up for 6th straight week

CARACAS: The price Venezuela receives for its mix of medium and heavy oil rose for a sixth consecutive week as...

Zimbabwe’s cement producers want tariffs on imports

HARARE: Reuters are reporting that Zimbabwe's cement producers want the government to impose tariffs on imports, including from Nigeria's Dangote...

US allowing Iran to sell oil unlikely to impact global price

WASHINGTON: The US decision to no longer impede Iran’s sale of crude oil will not materially affect energy prices given...

Five tech giants hold 30% of US corporate cash

NEW YORK: Roughly a third of all corporate cash held by non-financial American companies appears to be concentrated in the...

Azerbaijan, Senegal sign deal in customs sphere

21/05/2016

BAKU: Azerbaijan's State Customs Committee (SCC) and Senegal's General Administration of Customs signed an agreement on mutual aid in the...

Smartphone sales up in 1Q despite shipment slump