World Business

NAIROBI: The lender initially planned to raise 3.5 billion shillings, but said in a statement that 84 percent of its...

TOKYO: Japanese industrial production contracted for the first time in three months in February, the latest data indicating continued sluggishness...

JAKARTA: State oil and gas company PT Pertamina (Persero) said here the other day that it could save around Rp...

KUWAIT CITY: Director of Public Authority for Manpower Jamal Al- Dosari announced a bank guarantee of KD 250 will be...

HONG KONG: Rail operator and property developer MTR Corp reported earnings of HK$15.6 billion for 2014, including gains in revaluation...

ATHENS: Greece will face the European Court of Justice for raising the country's inheritance tax (IHT) laws. Under the Greece...

ATHENS: The deputy Prime Minster of Ireland said that Greece must tackle corruption and boost tax revenue. Irish people were...

ATHENS: The Greece Government sent a new list of austerity proposal to its international creditors for unlocking €7.2 billion fund....

ATHENS: Civil Aviation Authority data revealed that air arrivals from other countries to Greece in the year to end-February posted...

ATHENS: The Greece’s long-term foreign and local currency Issuer Default Ratings (IDRs) is downgraded from ‘B’ to ‘CCC’, Fitch statement...

LYNGBY: Spanish Haldor&Topsoe revenue increased by 6% to DKK 5,685 million in 2014 as compared to DKK 5,348 million in...

WARSAW: Poland’s Grupa Azoty decided to invest around $450m to build Europe’s biggest propylene plant with a capacity of producing...

BUDAPEST: The staffing company Randstad said that according to a survey around 70% of Hungarians stated their intentions to put...

BUDAPEST: The bank of Raiffeisen’s CEO Heinz Wiedner stated in conference that the bank booked a HUF 114.7 billion loss...

CAPE TOWN:  South African Government is facing a deadlock situation with public sector union on the issue of wages. The...

AMMAN: Jordan Arab Investment Bank approved the distribution of cash dividends at a rate of 12 per cent to shareholders....

MADRID: The Bank of Spain improves its economic forecast for 2015. The Spanish economy is predicted to grow by 2.8%...

TAIPEI: February's tax revenue fell 16.3 percent year-on-year to NT$57.1 billion, led by lower revenue in securities transactions, sales and...

HONG KONG: Haier Electronics, the world's biggest supplier of washing machines, plans to drive e-commerce sales in the countryside with...

HONG KONG: Chinese state-owned energy giant CNOOC said profit climbed over six percent last year as it started a spate...