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.

Ethiopia earns $123 mln in electricity exports in 2015-2016

15/04/2016

WASHINGTON: Ethiopia is slowly but surely establishing itself as a major power hub in Africa through its electricity exports. The...

Kazakhstan increases linseed exports

15/04/2016

WASHINGTON: In February linseed exports from Kazakhstan reached 21.02 KMT compared to 15.6 KMT in January and 20.8 KMT in...

Angola’s inflation rises in March

LONDON: Angola’s inflation in March rose to 23.6% year-on-year from 20.3% in February. This comes on the back of rising...

Sudan inflation rate cools to 11.70 in March

WASHINGTON: Sudan’s Central Bureau of Statistics (CBoS) Wednesday reported that the monthly inflation rate has dropped to 11.70% in March...

Shanghai composite index stocks rise 1.4% on sparkling export data

WASHINGTON: The Shanghai Composite rose 42.99 points, or 1.42 percent in Wednesday’s trading to close at 3,066.44. It was a...

Kenya’s wheat imports hit Sh35.6 bln in last year

NAIROBI: Kenya's wheat imports hit Sh35.6 billion last year amid rising concerns by local farmers that millers are overlooking their...

AfDB seeks $400 bln over next 10 years

ABUJA: Africa Development Bank(AfDB) is seeking $400 billion over the next 10 years for an intiative known as Africa Feeding...

NNPC spends $1.8b to import petrol every 3 months

ABUJA: The Nigeria National Petroleum Corporation (NNPC) said on Wednesday that it spends $1.8 billion in 90 days to import...

Israel’s exports fall 14% in Q1

WASHINGTON: The latest fall in exports follows a 5.9% fall in the fourth quarter of 2015, the Central Bureau of...

Zimbabwe’s exports to EU increases 14%

HARARE: Zimbabwe's exports to the European Union (EU) have increased by 14 percent to $54,2 million from $28,6 million recorded...

Kazakhstan increases wheat exports by 10%

ASTANA: In February 2016 Kazakhstan exported 57% more wheat than in February 2015. During the first half of the season...

Banking whistleblower believes CIA behind Panama Papers leak

NEW YORK: Many have called the validity of the Panama Papers into question. Now, former banker and financial whistleblower Bradley...

Ghana consumer inflation rises to 19.2% in March

13/04/2016

ACCRA: Ghana's annual consumer price inflation rose to 19.2 percent in March from 18.5 percent in February, pushed up by...

IMF cuts growth forecasts on rising threats

13/04/2016

WASHINGTON: The International Monetary Fund said yesterday that the global economy faces wide-ranging threats from weak growth and rising protectionism,...

Egyptian soybean imports forecast to increase

CAIRO: Soybean imports are expected to reach 2.42 million tonnes, reflecting additional crush capacity, as well as strong soybean meal...

Colombia exports 5.65 million mt of thermal coal in March

BOGOTÁ: Colombia exported 5.65 million mt of thermal coal in March, falling 28% year on year and dropping 27% from...

StanChart to sell $4.4b Asian asset

MUMBAI: Standard Chartered Plc is seeking to sell at least $4.4 billion of its assets in Asia, people with knowledge...

Technology companies raise $1bn to challenge banks

NEW YORK: Technology companies raised almost $1bn of investment last year to compete with British banks, according to a new...

Customs team finds over €70,000 hidden in body lotion

11/04/2016

WASHINGTON: Customs officers on Eindhoven Airport found 70 thousand euros hidden in two bottles of body lotion when searching the...

Zimbabwe’s exports drop 13%