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.

Ford invests $182.2m in software firm Pivotal

06/05/2016

SAN FRANCISCO: Ford Motor Co is investing US$182.2 million in San Francisco-based Pivotal Software Inc, underscoring the pressure automakers face...

Siemens Q1 net profit drops

06/05/2016

BERLIN: Siemens AG, maker of heavy industrial equipment including power stations and trains, saw net profit fall in the most...

Smith & Nephew revenue jumps 3% to $1.14 bln

LONDON: Smith & Nephew PLC (SN.LN) Thursday reported first-quarter revenue of $1.14 billion, up 3% on the same period last...

Idaho unemployment rate falls to 3.8% in March

LONDON: Idaho’s seasonally adjusted unemployment rate was 3.8 percent in March, declining one-tenth of a percent from February. Month over...

Morocco unemployment up to 10% by March

RABAT: Unemployment in Morocco rose to 10 percent by the end of March compared with 9.9 percent a year earlier,...

Ghana exports 43,830 cubic metres of wood products in 2015

LONDON: In the first 10 months of 2015, Ghana exported 43,830 cubic metres of wood products by road (overland export)...

Colombia’s March exports plummet 33% on year

BOGOTÁ: Colombia’s exports plummeted by 33.4% in March compared with the same month of 2015, according to the country’s statistics...

World Bank warns water woes hurting economies

NEW YORK: Economies across large swathes of the globe could shrink dramatically by mid-century as fresh water grows scarce due...

Seven banks to pay $324m to settle lawsuit

WASHINGTON: Seven big banks, including Bank of America Corp, JPMorgan Chase & Co, Credit Suisse Group AG and Deutsche Bank...

Austrian Borealis to import 240,000 mt/year of US shale-based ethane

CANBERRA: Austrian petrochemicals producer Borealis will import 240,000 mt/year of US shale-based ethane for its crackers in Europe, company CEO...

Nigerian capital imports plunge 74% in Q1

ABUJA: The total value of capital imported into Nigeria in the first quarter plunged to $710.97 million, a 73.79 percent...

Customs impounds N26.4m smuggled rice, vegetable oil

ABUJA: The Federal Operations Units (FOU) of Nigeria Customs Service (NCS), Zone ‘A’ Ikeja has impounded 1,499 bags of rice...

OTE revenues fall 1.3% in Q1, EBITDA down 5.1%

WASHINGTON: Greek operator OTE reported lower first-quarter results, as continued growth in the fixed market was offset by weakness in...

Telekom Romania revenues slide in Q1

LONDON: Telekom Romania reported lower fixed and mobile revenues in Q1, down by 7.8 percent and 1.9 percent year-on-year respectively....

Irish unemployment rate at lowest since 2008

WASHINGTON: The latesest figures from the Central Statistics Offfice (CSO) show that Irish unemployment fell to 183,700 in April, down...

RetailMeNot revenue declined 9.5% to $54.6m

AUSTIN: RetailMeNot Inc. shares fell Tuesday after the online coupon site reported a revenue decline and swung to a small...

Abaca export earnings increase 3.1% in 2015

WASHINGTON: Revenues from abaca exports rose by 3.1 percent to $114.79 million in 2015, from $111.33 million recorded a year...

HSBC’s net earnings fall 18% in Q1

LONDON: HSBC yesterday said its net profit fell almost a fifth in the first quarter, with Europe’s biggest bank hit...

Spanish imports climb at start of 2016

LONDON: Spain's fresh fruit and vegetable imports for the first two months of 2016 grew 22 per cent in volume...

Nigeria gas exports to US drops to zero