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.
Costa Rica’s exports in January remain $725.6m, shows 2.9% growth
LONDON: Costa Rica’s exports in January remained $725.6 million, with an increase of 2.9 percent as compared with the same month...
ADB lends $350m for road project in Madhya Pradesh
New Delhi: Asian Development Bank will provide USD 350 million loan to government for upgradation of roads in Madhya Pradesh....
Sebi imposes trading bans on 33 entities for making undue gains of Rs 1,800 crore
Mumbai: Sebi imposed trading restrictions on 33 entities and suspended trading in one listed company, which have been found to...
Canadian operations sold for USD3.7b: Standard Life operating profit up
London: Offsetting a hit to annuity sales from British pension reforms, a move into asset management helped to drive a...
World Bank Group approves US$130m project to prop up Moroccan economy
WASHINGTON: The Board of Executive Directors of the World Bank Group approved a US$130 million project to support the Moroccan...
Singapore imposes new tax on top earners in budget 2015
SINGAPORE: Singapore raised taxes on its top earners and unveiled new welfare for low-income elderly. Under the new tax regime,...
IMF $6.6b loan condition: Pakistan to raise $600m by selling 250m HBL shares
ISLAMABAD – A report disclosed that the Pakistani government expects to raise $600 million by selling a minimum of 250...
Large number of UK-based SMEs to visit Qatar annually: British Minister
DOHA: A large number of UK-based small and medium entrepreneurs (SMEs) are expected to visit Qatar every year with the...
Qatar’s Widam earns record QR62.2m profit in 2014
DOHA: Qatar Widam Food Company recorded a net profit of QR62.2m for full-year 2014, compared to QR54.9m a year ago....
Bullish trend in oil markets: Brent crude hits $62/barrel
LONDON: The prices of oil rose in Asian trade. The breakdown of negotiations about Greece’s debt failed to affect bullish...
Australian shares touch psychological level of 6,000pts, reach closer to 7-year high
SYDNEY: Australian shares have reached the psychological level of 6,000 points as the Dow and S&P500 closed at record highs...
WTI shed $1.17 to $49.64 a barrel in April: Oil prices fall by $1.24 at $58.98
London - Oil prices, extending last week´s sharp decrease, slid as the dollar strengthens on eurozone strains and record supplies...
2nd consecutive weekly loss: Indian rupee falls by 3 paise to end at 62.22 per US dollar
Mumbai: Rupee extended its losses for the 2nd consecutive week against the US Dollar, moving down by another three paise...
Coal India to invest Rs 6,000 crore, may achieve output of 1b tonnes by 2019-20
New Delhi: Coal India is gearing up to invest about Rs 6,000 crore towards capital expenditure in the next fiscal...
Shadow banks to conduct Rs10m transactions: RBI eases lending regulations
Mumbai: The RBI eased lending regulations governing the country`s shadow banking industry, removing investor limits and the need for collateral...
Indian tax dept issues notice to HSBC, 1195 locals being investigated
LONDON: The Indian tax department has issued notice to the global giant HSBC due to alleged tax evasion and money...
Brent crude drops below $60 as US contracts stay at $50.30
LONDON: Prices of oil have declined in North America as the markets were oversupplied. The Brent crude dropped below $60...
KFH honors 10 employees for passing Trainers Qualification Courses
Kuwait: After they passed the Trainers Qualification Courses and Exams, KFH honors 10 employees. Having passed the qualification programs and...
India’s forex reserves rise by $2.956b from $330.213b to $333.169b
Mumbai - Rising by USD 2.956 billion to USD 333.169 billion, India's foreign exchange reserves have hit a fresh high...
Cyprus Trading Corporation scores €41.7 million profit
NICOSIA: The Island’s premier retail company headed by NK Shacolas Empire announced unprecedented profits of €41.7 million for last year,...
