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.

Azerbaijan wheat imports increase 26.8% In Jan-Oct

BAKU: In January-October of 2015, the imports of wheat to Azerbaijan totaled 1.162 mln tonnes, an increase of 26.8% compared...

Nike’s revenue rises by 4.1% in last quarter

OREGON: Nike Inc. said its revenue rose 4.1% in the latest quarter as the world's largest sportswear maker continued to...

Iceland’s CPI jumps by 0.33% between Nov-Dec

REYKJAVIK: Iceland's Consumer Price Index (CPI) increased by 0.33 percent as of the middle of December, according to statistics issued...

Cambodia’s tax revenues rises by 255 to $1.3bn in 2015

PHNOM PENH: The Cambodia's General Department of Taxation (GDT) has collected about 1.3 billion U.S. dollars in taxes in 2015,...

Iceland’s consumer price inflation remains steady in Dec

REYKJAVIK: Iceland's consumer price inflation held steady in December after accelerating in the previous month, figures from Statistics Iceland showed...

EU imports of tropical plywood down 2% in first 9 months of 2015

BERLIN: The EU imported 302,828cu.m of tropical plywood in the first nine months of 2015, 2% less than the same...

Ghana’s timber export up by 7% in Q3 of 2015

ACCRA: Ghana's cumulative volume of timber exported during the first three quarters of the year was 267,379 cubic metres, up...

Toshiba sells factory in Indonesia for $24m

TOKYO: Toshiba has sold one of its factories in Indonesia to Hong Kong-based company Skyworth for ¥ 3 billion (US$24...

Azerbaijan’s oil exports down 1% in Jan-Nov

BAKU: Azerbaijan's oil exports edged down by 1 percent in January-November compared with the same year-ago period, driven by a...

Govt sets export growth target of 5% in next year

WASHINGTON: The government has set an export growth target of 5% next year, banking on a global recovery, state stimulus...

Uganda goods exports fall 4.6%

KAMPALA: The monetary policy report by Bank of Uganda (BoU) has revealed that in the first four months of 2015/16,...

EU extends economic sanctions against Russia by 6 months

BRUSSELS: The European Union (EU) on Monday said it prolonged the economic sanctions against Russia until July 31, 2016 in...

Iceland’s wage index up 0.9% in Nov

REYKJAVIK: Iceland's wage index reported a month-on-month increase of 0.9 percent in November 2015, according to Statistics Iceland on Monday....

Oil Well Pumps --- Image by © Craig Aurness/CORBIS

Azerbaijan’s oil exports fall by 1% in Jan-Nov

BAKU: Azerbaijan's oil exports edged down by 1 percent in January-November compared with the same year-ago period, driven by a...

Red Hat revenue rises 17.6% to $391m in 3Q

CALIFORNIA: Open-source software solutions provider Red Hat (RHT) reported its 3Q15 results on December 17, 2015. The market reaction was...

BlackBerry revenue falls by 30% to $548m in Q3

WATERLOO: BlackBerry (BBRY) has a market capitalization of $4.5 billion. Its YTD (year-to-date) price movement was stable in 2015. After...

Indian gov’t generates over Rs 4,500 crore revenue from toll plazas in FY16

NEW DELHI: The government has generated more than Rs 4,595 crore as revenue from 348 toll plazas across the country...

Japan: Toshiba lays off 6,800 jobs, projects $4.5b loss

TOKYO: Scandal-plagued Japanese manufacturer Toshiba Corp. is cutting 6,800 jobs after projecting a net loss of $4.5 billion (550 billion...

Caterpillar found guilty of stealing trade secrets

CHICAGO: A U.S. federal court jury found Caterpillar Inc. guilty of stealing trade secrets from one of its suppliers after...

Ethiopia: African trade negotiators challenge deal at WTO Ministerial