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.
IT spending globally to fall to $3.49t
NEW YORK: Worldwide spending on information technology could become one of the casualties of global economic uncertainty this year, according...
Food production to remain stable in 2016: UN food agency
UNITED NATIONS: World cereal production in 2016 is set to reach 2,521 million tonnes, just 0.2 percent off last year's...
Chile’s inflation likely decelerate further in March
LONDON: Inflation in Chile accelerated in January to 4.8% y/y after moderating temporarily towards the end of 2015. Inflation accelerated...
ECS sees over 29% on-month decline in March revenues
WASHINGTON: Elitegroup Computer Systems (ECS) has reported consolidated revenues of NT$2.69 billion (US$82.89 million) for March 2016, representing a 60.71%...
Yahoo expects revenue to fall about 15% in 2016
CALIFORNIA: Yahoo Inc estimates revenue to drop nearly 15 percent and earnings to fall by over 20 percent in 2016,...
Mexico’s auto production fall 11% in March
MEXICO CITY: Mexico's auto production fell 11 percent in March compared with the same month last year and exports plunged...
EU dairy exports increase for January
WASHINGTON: The latest data from the EU milk market observatory shows strong export growth for EU butter and cheese to...
Samsung flags better than expected Q1 profit rise
SEOUL: Samsung Electronics on Thursday posted a better-than-expected 10 percent increase in first quarter profits, on robust sales of the...
Cambodia’s rice export up 8.5% in Q1
PHNOM PENH: Cambodia exported 162,220 tons of milled rice in the first quarter of 2016, an increase of 8.5 percent...
Nokia to cut 1,300 jobs in Finland by 2018
HELSINKI: Finnish communication giant Nokia announced on Wednesday that it plans to slash about 1,300 jobs in Finland by 2018....
Unemployment drops to 6.5% in Feb
WASHINGTON: Island County unemployment, which measures only joblessness in Oak Harbor, dropped to 6.5 percent, or 2,130 people, in February,...
GPA’s revenues, expenses drop significantly in 2015
WASHINGTON: GPA's revenues decreased from FY 14 by $66.4 million, due to a 41 percent drop in the LEAC rate....
Semiconductor revenues fall to $334bn
WASHINGTON: Chip industry revenues were 1.9% down on 2014 at $334 billion last year, according to Gartner, in contrast to...
Cambodia’s rice export up 8.5% in Q1
PHNOM PENH: Cambodia exported 162,220 tons of milled rice in the first quarter of 2016, an increase of 8.5 percent...
Andalusian strawberry exports up 133%
WASHINGTON: The earlier start of Huelva's strawberry campaign has had a clear impact on exports, which have soared during the...
Colombia cuts palm oil import tariff to 0%
ETALING JAYA: Colombia’s move to cut the imports of palm oil at a zero tariff rate offers an opportunity for...
Unemployment rate eases to 8.6% in March
WASHINGTON: New figures from the Central Statistics Office show that the seasonally adjusted monthly unemployment rate eased to 8.6% in...
Instem revenues up 22%
WASHINGTON: Instem, a leading provider of IT solutions to the global early development healthcare market, saw revenues rise by 22%...
British commercial vehicles exports rise 33% in 2015
LONDON: Exports of British-built commercial vehicles (CVs) jumped by more than a third last year, with almost nine in 10...
Massive leak of tax documents expose cine stars, world leaders
NEW YORK: A massive leak of 11.5 million documents has exposed the secret offshore dealings of late father of British...
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