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.

Egypt’s petroleum imports down 72% in Oct 2015

06/02/2016

CAIRO: Egypt's petroleum imports fell 72.4 percent to $1.12 billion in October 2015 down from $3.663 billion in the same...

Inflation went down to 1.3% in Jan

MANILA: Inflation went down to 1.3 percent in January from 1.5 percent in December 2015, the National Economic and Developement...

Kazakhstan double linseed exports

KAZAKHSTAN: Kazakhstan has almost doubled linseed exports this season. In September-December of the 2015/16 season the country exported 125 KMT...

Passers-by walk near the News Corporation building in New York in this June 28, 2012 file photo. REUTERS/Keith Bedford

News Corp’s revenue falls for fourth quarter in a row

NEW YORK: News Corp's revenue fell for the fourth quarter in a row, hurt by a stronger dollar and dwindling...

Colombia’s exports decrease 34.9% in 2015

BOGOTA: Colombia's exports decreased by a whopping 34.9 percent in 2015, the El Tiempo daily network reported on Thursday citing...

Consumer prices in Uruguay rise 2.45% in Jan

LONDON: Consumer prices in Uruguay rose 2.45 percent in January compared with the previous month, official data showed on Wednesday,...

Food inflation in shock rise to 8.7%

JOHANNESBURG: Food prices in South Africa rose by an average of 8.7 percent between December 2014 and December 2015 and...

ING, DBS sees January inflation barely moving

MANILA: Singapore-based DBS Bank Ltd. and Dutch financial giant ING Bank expect inflation in the Philippines to have barely moved...

Latvia’s industrial output up by 3.4% in 2015

RIGA: Latvia's calendar-adjusted industrial output rose by 3.4 percent in constant prices in 2015 against a year before, figures from...

GM drives to record profit of $9.7b

NEW YORK: Strong earnings in North America and China and a reversal of fortunes in Europe powered General Motors to...

US debt hits record $19 trillion

WASHINGTON: The United States federal debt has surpassed $19 trillion for the first time in history according to the Treasury...

World’s Halal food industry to be worth $3.7 trillion by 2019

03/02/2016

LONDON: The Global Islamic Economy Report has predicted that the world’s Halal food industry would become $3.7 trillion worth of...

Pfizer sees 2016 revenue, profit below estimates

03/02/2016

NEW YORK: US drugmaker Pfizer Inc, which is in the process of buying Botox-maker Allergan Plc for US$160 billion, forecast...

Alphabet becomes most valuable company with $543b assets

NEW YORK: Alphabet, the parent firm for Google, become the world's most valuable company Tuesday as a jump in...

Uganda inflation eases to 7.6% YOY in Jan

WASHINGTON: Uganda inflation has eased to 7.6% year-on-year in January from a revised 8.4% in December. This is attributed to...

BP reports 91% decline in Q4 earnings

LONDON: BP reported a 91 per cent decline in fourth-quarter earnings after average crude oil prices dropped to the lowest...

Yahoo to announce job cuts: report

CALIFORNIA: Embattled Internet pioneer Yahoo will announce job cuts when it releases its quarterly earnings report on Tuesday, according to...

Worldwide tablet computer sales fall 13.7% in Q4

NEW YORK: The global market for tablet computers ended 2015 with a whimper, as the once sizzling market cooled further,...

Argentina’s imports of LNG may decline 20% in 2016

WASHINGTON: Argentina's imports of LNG could decline by 20% or more in the 2016 winter season compared with last year,...

Belarus goods imports down 25.2% in 2015