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.

Agriculture projects to reduce imports by 50%

05/04/2016

WASHINGTON: The new Taiwan-funded potato and fruit tree production facility will cut down Swaziland’s food imports by 50 to 55...

European pipeline imports hit new highs in Q1 2016

05/04/2016

WASHINGTON: Combined Russian and Norwegian gas exports to Europe increased by 23% year on year in the first quarter of...

Ethiopian inflation at 7.5% in March

ADDIS ABABA: Ethiopia's inflation fell to 7.5 year-on-year in March from a revised 8.9 percent the previous month, the statistics...

Biggest ever Saudi overhaul targets $100bn of revenue

RIYADH: The biggest economic shake-up since the founding of Saudi Arabia would accelerate subsidy cuts and impose more levies, a...

Lacey sales tax revenue rises 12.4% in Jan

LACEY: Better-than-expected sales tax revenue helped the city of Lacey balance its budget for 2016 and that trend continued during...

Lithuania’s grain exports soar 48% in Feb YOY

WASHINGTON: Lithuania's total grain and oilseed rape exports soared by 48% in February 2016 compared with a year ago thanks...

American oil imports hit 45-year low

WASHINGTON: America's dependency on foreign oil has been a major issue in the energy debate for many, many years. No...

Global smartphone sales to grow 7% this year: Gartner

WASHINGTON: Worldwide smartphone sales this year are expected to post just a single-digit increase in sales for the first time...

U.P. unemployment rises slightly to 7%

LANSING: The Upper Peninsula jobless rate edged up by 0.3 percentage points in February to 7.0 percent. According to the...

Odisha expects 10% annual growth in export

BHUBANESWAR: The state government aims to increase its export potential to Rs 38,714 crore by 2022-23 with an annual average...

California wine exports set record

WASHINGTON: U.S. wine exports, 90 percent from California, reached $1.61 billion in winery revenues in 2015, an all-time record and...

Indonesia’s March Sumatra coffee exports fall 35% YOY

BANDAR LAMPUNG: Robusta coffee bean exports in March from Indonesia's main growing area in Sumatra fell 35 percent from a...

TrueCar finds March auto sales revenue poised to hit $55bn

SANTA MONICA: TrueCar, Inc estimates that U.S. new vehicle sales totaled $55 billion in March, up 9.7 percent from a...

South Africa’s 2015/16 tax revenue collection beats expectations

CAPETOWN: South Africa collected 1.07 billion rand ($73 million) in revenue during the 2015/16 fiscal year, 200 million rand above...

Brazil’s largest oil company Petrobras to slash 12,000 jobs

BRASILIA: Brazilian oil company Petrobras, the country's largest company, will seek to eliminate 12,000 employees through voluntary resignations, in a...

Chicago’s unemployment rate rises to 7.2%

WASHINGTON: The city of Chicago's unemployment rate climbed to 7.2 percent last month from 6.9 percent the year before, according...

Uganda’s inflation slides to 6.2% in March

KAMPALA: Uganda's year-on-year headline inflation fell to 6.2 percent in March from a revised 7 percent a month earlier, helped...

Belarus raises oil export duties

MINSK: Belarus raised export duties on oil and oil products, which are exported outside the customs territory of the Eurasian...

Belarus’ merchandise import 14.5% down in Jan-Feb

MINSK: In January-February 2016 Belarus' merchandise import dropped by 14.5% from January-February 2015, BelTA learned from the website of the...

Ghana oil imports decline by 43%