World Business

MOSCOW: Russian Prime Minister Dmitry Medvedev has announced to impose food embargo on Ukraine from next month. Russia is imposing...

WASHINGTON: Wind industry consultancy K2 Management increased over the last year its revenue by 30% and grew the number of...

MANAMA: KPMG International announced aggregated network revenues of $24.44 billion for the fiscal year ending September 30, representing an 8.1...

NEW YORK: Duluth Holdings Inc. said its earnings fell 50% in the apparel retailer’s first quarterly report since it went...

PARIS: A decline in automobile component exports to Europe, the largest destination for Indian companies, marginally pulled down exports to...

LONDON: Toshiba expects to post a $4.5 billion loss this year as it deals with the aftermath of a massive...

BRUSSELS: The European Union has eased the rules for the entry of shrimp from Bangladesh into the EU due to...

BEIJING: Huawei achieved gratifying results in 2015 year in Central-Eastern and Northern European regions as far as consumption of its...

NAIROBI: The World Trade Organization member countries agreed to abolish agricultural export subsidies after five days of talks in Nairobi,...

MAPUTO: "There'll be no festive season," grumbles a greengrocer in Maputo, the capital of Mozambique, where the economy has taken...

NEW YORK: Despite pollution-spewing Volkswagens, exploding Takata airbags and failing GM ignition switches, domestic car sales for 2015 appear poised...

LONDON: Manitoba’s annual inflation rate eased in November thanks in part to a decline in natural gas prices, Statistics Canada...

WASHINGTON: CarMax Inc. KMX posted earnings per share of 63 cents in the third quarter of fiscal 2016, ended Nov...

NEW YORK: Citigroup Inc. plans to cut at least 2,000 jobs starting next month as Chief Executive Officer Michael Corbat...

TORONTO: BlackBerry Ltd reported a fiscal third-quarter loss as widely anticipated on Friday, but the company posted its first quarter-to-quarter...

LONDON: Accounting firm KPMG has announced a boost in revenues driven by its tax and auditing services, writes Emily Davies....

LONDON: Revenue to the end of November was £11.8 million compared to £9.9 million this time last year. This puts...

WASHINGTON: Global children’s publisher Scholastic Corporation earned $619 million in revenue during the second quarter of fiscal 2016 up from...

WASHINGTON: FuelCell Energy (FCEL) reported total revenues of $51.5 million for fiscal 4Q15 compared to $54.4 million for fiscal 4Q14....

COSTA RICA: Avocado imports, since June 2015 and after the ban on Mexican Hass avocado, have mainly concentrated in Peru....