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.
Goyal says power capacity addition target of 1,18,537 MW may exceed
New Delhi: The target of adding 1,18,537 MW capacity for the current plan period will not only be achieved but...
S&P rules out rating upgrade for India: 3pc fiscal deficit target to be achieved by 2017-18
New Delhi: Standard & Poor's ruled out a rating upgrade for India within a year. After the Budget, Moody's, Crisil...
Kuwait’s Americana Q4 Net Profit dips 28%
KUWAIT CITY: Kuwait Food Co (Americana), whose biggest shareholder has been in talks with several parties to sell a stake...
India’s Shapoorji Pallonji wins $525m Kuwait University construction deal
KUWAIT CITY: Indian conglomerate Shapoorji Pallonji has announced that it has won the contract to build, operate and maintain the...
Qatar Shell, QBIC, Social Development Centre, Silatech ink agreement to host the ‘Navigator leadership programme’
DOHA: Qatar Shell, Qatar Business Incubator Centre (QBIC), Social Development Center (SDC), and Silatech have signed an agreement to host...
Iron ore imports increase sharply to 5.63mt
New Delhi: In 2014-15 till November, iron ore imports increased sharply to 5.63 million tonnes as against 0.37 million...
Malaysia’s Eversendai gets worth RM269mil construction project in Qatar
KUALA LUMPUR: Malaysia’s Eversendai Corporation Bhd subsidiary in Qatar has clinched a new project worth RM269.2mil for the construction of...
Govt says closed industrial units hit 6,400 workers in last three years
New Delhi: The government said closure of industrial units has affected over 6,400 workers in different parts of the country...
As gap swells to Rs5.68tn or 107pc, Apr-Jan fiscal deficit overshoots full-year target
New Delhi: Government data showed India`s January fiscal deficit overshot the full-year target as the gap swelled to 5.68 trillion...
RBI fixes reference rate of rupee at Rs 61.82
Mumbai: The RBI fixed the reference rate of the Indian rupee at 61.8248 against the US dollar and for the...
Indonesia, NZ agree to enhance cooperation in agriculture, trade, investment, defense
JAKARTA: Indonesian Foreign Minister Retno Marsudi and her New Zealander counterpart Murray McCully have agreed to enhance the two countries’...
Exports R87.49bn, imports of R80.64bn: SA records trade surplus of R6.85bn in 2014
CAPE TOWN: South Africa’s trade balance‚ which includes trade with Botswana‚ Lesotho‚ Namibia and Swaziland‚ recorded a R6.85bn surplus in...
East Lebanon Customs staff on open-ended strike against bureaucracy
BEIRUT: East Lebanon Customs Clearance Officer, Hasan Dib, said in a news conference that all staff decided to announce an...
60 tonnes fertilizers smuggled in Kyrgyzstan
BISHKEK: State Service for Combating Economic Crimes reported that 60 tonnes mineral fertilizers were smuggled in Kyrgyzstan. According to the...
Qatar’s imports from Brazil grow by 10.6pc to $369m
DOHA: Exports from Brazil to Arab countries grew significantly in 2014, demonstrating robust bilateral trade relations. According to the most...
$37 million promised to HK businesses hit by protests
HONG KONG: Hong Kong announced measures totaling HK$290 million ($37 million) to help businesses hit by more than two months...
Maybank announces net profit of RM6.72b with 11.5pc hike
Kuala Lumpur: Maybank announced that Group net profit for the financial year ended 31 December 2014 (FY14) reached another record...
$10m reimbursement plan: American Express launches its Small Merchant EMV Assistance Program
NEW YORK: American Express launched its Small Merchant EMV Assistance Program. It will help U.S. small merchants fight fraud through...
Rs55m SNGPL utility bills fraud: NAB apprehends 2 bank employees
PESHAWAR: Two employees of Bank Al-Baraka Hayatabad Branch Peshawar have been arrested by the National Accountability Bureau (NAB) for their...
Egyptian officer killed in Gaza smuggling tunnel
CAIRO: Egyptian officer said that a senior Egyptian officer killed and other was injured in cross border Egypt-Gaza smuggling tunnel....
