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.
KRA officers foil narcotics export bid at JKIA
LONDON: A KRA team on Monday morning foiled a drug trafficker's attempt to mail a package loaded with a narcotic...
California wine exports set record in 2015
WASHINGTON: California wines appeal to consumers across the globe who recognize the unique quality and excellent value of our wines....
Macau’s merchandise imports fall 18.5%
LONDON: The value of Macau’s merchandise imports fell to MOP6.96 billion (about US$870 million) in January, 18.5 per cent less...
Eurozone inflation falls sharply into negative territory
BRUSSELS: Eurozone inflation in February fell sharply to negative 0.2 percent, data showed on Monday, in the clearest sign yet...
Jamaica Customs integrate business processes
WASHINGTON: A wide cross section of entities are making it easier for Jamaicans to receive the products and services they...
Azerbaijan to increase gas export to Georgia
BAKU: Azerbaijan will be additionally supplying up to 500 million cubic meters (mcm) of gas a year to Georgia, said...
US economy grows surprise 1% in Q4
WASHINGTON: The US economy’s slowdown in the last quarter of 2015 wasn’t quite as bad as thought. The gross domestic...
ECB’S favored inflation gauge hits record low below 1.4%
LONDON: Euro zone long-term inflation expectations fell to record lows on Thursday, fuelling bets on more monetary policy easing by...
Earnings from non-oil exports slide to $1.6 bln
WASHINGTON: Following the inability of Federal Government to revive incentives for non-oil exporters, proceeds from the sector has continued to...
CPC pipeline to boost oil exports by 20% in 2016
LONDON: The Caspian Pipeline Consortium (CPC), which brings oil from Kazakhstan to the Black Sea, plans to increase exports of...
Mexico’s Pemex says crude exports jump in Jan
LONDON: Crude oil exports from Mexico's state-owned oil company Pemex jumped 11 percent in January compared to the prior month,...
Ghana producer inflation rises sharply to 16.3% in jan
ACCRA: Ghana's producer price inflation rose sharply to 16.3 percent in January from a revised figure of 11.0 percent the...
Syria allows import of 25,000 tons of Egyptian potatoes
DAMASCUS: The Syrian Ministry of Economy and Foreign Trade has authorised the import of 25 thousand tonnes of fresh potatoes...
Ghana imports 15,500 tons of light crop cocoa beans
WASHINGTON: Ghana imported 15,500 tons of light crop cocoa beans from La Cote D'Ivoire in the 2014/2015 crop year due...
Romania’s coal production, imports rise in 2015
WASHINGTON: The net coal production in Romania amounted to 4.7 million tons of oil equivalent in 2015, which was an...
Terex revenues fall 10.5% in 2015
WASHINGTON: US-based equipment manufacturer Terex has recorded revenues of US$ 6.543.1 billion – a decrease of -10.5% from the $...
Kerry Group reports higher 2015 profits, revenues
LONDON: Food technology group Kerry has said its full year pre-tax profits rose by 8.5% on the back of strong...
Spotless profit drops 20% in 2016
LONDON: Cleaning and catering business Spotless has reaffirmed its expectation that full year profit will fall 10 per cent. The...
Belarus’ oil import 1.8% increase in 2015
WASHINGTON: In 2015 Belarus imported 1.8% more Russian oil in comparison with 2014, with the total oil import going up...
Nigeria’s N2 trillion petrochemical imports
ABUJA: Nigeria is paying a huge price for failing to develop its petrochemical industry. The country currently spends about N2...
