World Business

NEW YORK: McDonald’s Corp yesterday said it plans to open 1,500 new restaurants in China, South Korea and Hong Kong...

WASHINGTON: Consumer-price growth in Zambia, Africa’s second-biggest copper producer, slowed for the first time since May this month, the statistics...

MOSCOW: Imports of polyethylene (PE) into Kazakhstan dropped 48% in January-February 2016 compared to the same two-month period in 2015,...

NAIROBI: Kenya registered a significant increase in mango production across the 2015/2016 season compared to the previous season, witnessing an...

DUBAI: The emirate of Dubai, whose airport is the world’s busiest for international passengers, has announced a new tax on...

CARSON CITY: Nevada poker rooms raked $8,975,000 in the month of February, which was a 5.44-percent increase compared to the...

MANILA: Softer growth prospects for China and a weak recovery in major industrial economies are expected to push down economic...

CHICAGO: Boeing Co plans to cut about 4,000 jobs from its commercial airplane division by mid-year, as part of a...

WASHINGTON: The latest employment figures for the Shoals are a mixed bag: the unemployment rate is highest among Alabama’s metropolitan...

BRUSSELS: Belgium's annual inflation rate rose to its highest level since 2012 in March, propelled by an energy tax increase...

BENGALURU: Titan, the maker of namesake watches and Tanishq jewellery, said it expects revenue from its new gold installment scheme...

ATLANTA: The owner of multiple exchanges and business lines including the NYSE, under the group operator Intercontinental Exchange Inc. (ICE),...

MEXICO CITY: Mexico’s oil exports fell at an annualized rate of 45.8 percent in February, a month when the trade...

SAN DIEGO: Defense contractor Science Applications International Corp. continued to see revenue growth in the final quarter of the year,...

JAKARTA: In the midst of corn scarcity in the country due to corn import limitations, Indonesia’s Minister of Agriculture, Andi...

WASHINGTON: Kazakhstan, being vegetable oil net importer several years ago, became a net-exporter again. Exports from Kazakhstan were not very...

ANDERSON: For the third consecutive month the local unemployment rate has increased to its highest level since last March, despite...

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

WASHINGTON: US-based Scholastic Corp said revenues rose 5.6% in the third quarter, although international sales (including the UK) fell because...

ABUJA: Nigeria earned N1.94 trillion from the export of crude oil and other petroleum products in the fourth quarter, Q4,...