World Business

AMMAN: The Standard and Poor’s, raises the rating of International General Insurance Company Ltd (IGI) to A- from BBB+. This...

NEW YORK: Pfizer, one of the biggest American pharmaceutical companies, has stopped selling its profitable vaccine for children in China...

PARIS: Europeans ate a few more chocolate covered waffles or drank a cup or two more of hot chocolate last...

SOFIA: In 2014 Bulgarian exports to the EU increased by 3.2% compared to 2013 and amounted to BGN 27.0 billion....

COLOMBO: Singer Sri Lanka, the country’s premier consumer durables retailer, ended the 2014 financial year on a high note, recording...

CANBERRA: Government of Australia proposed to tax bank deposits up to $250,000 at a rate of 0.05% Several months ago....

KUWAIT: National Bank of Kuwait (NBK), the largest bank in Kuwait (rated Aa3 by Moody’s, A+ by S&P and AA-...

KUWAIT: Kuwait’s revenues dropped by one fifth in the first 11 months of the fiscal year due to the decline...

WELLINGTON: New Zealand’s Science Minister Steven Joyce has welcomed the trend of businesses in New Zealand investing more in research...

HONG KONG: It has been noted that cities in Asia Pacific saw 464 new retail entrants in 2014—23% more than...

TOKYO: Japanese government decided whether to join a planned Chinese-led investment bank by late June if governance standards and other...

SINGAPORE: Major supermarkets and pharmacies here have run out of Tampax tampons due to a delay in shipment from the...

SEOUL: New Zealand has almost been the last cab of developed countries off the rank to conclude a free trade...

BUDAPEST: The Richter Gedeon stated that the board will propose payment of a HUF 33-per share dividend on 2014 earnings...

AMMAN: The Minister of state for commerce and industry Maha Ali and Jordanian counterpart Nirmala Sitharaman discussed about increasing cooperation...

TAIPEI: Despite being the only listed carrier in Taiwan to make profit last year, TransAsia Airways Corp saw its net...

DOHA: The upcoming high-tech rail network being developed in the Gulf Cooperation Council (GCC) region will not only bring the...

COLOMBO: China has pledged over $1 billion in new grant money to Sri Lanka after a Chinese luxury real estate...

HONG KONG: Barclays has noted that if one were to connect the dots from recent key news, an interest picture...

HONG KONG: For the January/February 2015 combined period, Sa Sa International announced sales for its core Hong Kong/Macau segment were...