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.
Iran’s crude oil export to Japan up 3% to 177,000 bpd in Nov
TOKYO: According to Japan’s Ministry of Economy, Trade and Industry, the country imported 177,000 barrels per day (bpd) of crude...
China’s impacts of slowing growth on trade, agriculture in US
NEW YORK: International trade is a major factor in the American agricultural economy. A key player is China. In fact...
Oil prices jump over 2% on Saudi Arabia, Iran tensions
SINGAPORE: Oil prices jumped over 2 percent in the first trading hours of 2016 as relations between Middle Eastern rivals...
Shanghai 7% slip rattles global stocks
WASHINGTON: A plunge for the Shanghai stock market is leading a global equity retreat as worries about China’s economy and...
Hearst revenue rises by 6% to $10.7bn in 2015
NEW YORK: Hearst, the privately held company that owns TV stations, magazines and newspapers, and has a 50 percent in...
Oil producers to cut investments again in 2016
DUBAI: With crude prices at 11-year lows, the world’s biggest oil and gas producers are facing their longest period of...
Airbus wins contract for 3 A380 jets to Japan’s ANA
TOULOUSE: European planemaker Airbus has won a deal to sell three A380 superjumbo jets to Japan’s biggest carrier ANA Holdings...
Oil prices to stay low for 2 years
LONDON: Struggling oil producers could suffer even more pain in 2016 with further plunges in already record-low prices, BP Chief...
Ford ready to invest $4.5b in electric cars
NEW YORK: US automaker Ford said it will invest $4.5 billion in electrified vehicle solutions by 2020, its largest-ever electrified...
Lebanon to ink trash export contracts
BEIRUT: The government could sign trash export contracts with two waste-to-energy firms within days, despite sustained public concerns about the...
Asia fuel oil-discounts slashed on final trading session
SINGAPORE: The Singapore 380-cst fuel oil cargo discount narrowed for a second straight session on anticipated tight supply in early...
Bolivia postpones allocation of its largest iron ore mine
LA PAZ: The Bolivian government has once again postponed the allocation of the country's largest iron ore mine, El Mutun,...
Venezuela halts natural-gas exports to Colombia
BOGOTÁ: Venezuela’s state oil company is temporarily halting natural-gas exports across the border to Colombia, citing climate factors and the...
Bolivia set to increase natural gas exports in 2016
SUCRE: Bolivia is the largest exporter of natural gas in South America, and aims to increase exports to boost the...
Services deficit plunges 45% in July-Nov
WASHINGTON: Services balance posted a significant improvement during the initial months of the current fiscal year supported by arrival of...
Tea export sector sees rise in volume, prices
MUMBAI: Tea export sector finally has a reason to cheer about in 2016 with export volume and prices showing a...
Venezuela’s oil company delays natural gas exports to Colombia
BOGOTÁ: Venezuela’s state oil company is temporarily halting natural-gas exports across the border to Colombia, citing climate factors and the...
Venezuela halts gas export to Colombia
CARACAS: Venezuela's state oil company is temporarily halting gas exports across the border to Colombia, citing climate factors and the...
Fall in India’s exports projected to be worst since 1952-53
NEW DELHI: Merchandise exports this fiscal are projected to fall around (-) 16 per cent over the previous financial year,...
Uganda imported goods value fall by 9.2%
KAMPALA: Uganda spent less in the first quarter of the financial year 2015 (from July to October) compared with the...
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