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.
Libya seeks to stop Hariga port strike to prevent oilfield closure
TRIPOLI: Libya was trying to end a strike at the port of Hariga so that it can reopen the country's...
Petrol prices increase 4% as oil usage rises in Libya
TRIPOLI: Motorists may have to pay more for petrol over the next two months after having enjoyed six months of...
Indonesia solar power projects stuck due to Supreme Court ruling
JAKARTA: Indonesia eighty solar-power plant construction projects, some up for tender, are currently in limbo as the government has halted...
Qatar’s International Islamic profit grows by 10.1% to QR826m in 2014
DOHA: International Islamic (QIIB) recorded a full-year net profit of QR826m for 2014, up 10.1 percent from a year ago....
US, allies: Libya can face bankruptcy as oil prices drop
TRIPOLI: The United States and five of its European allies on Saturday warned that Libya could face bankruptcy if its...
30.1% rise in tax revenue reached to $13.587 billion in January 2015: Argentina government
BUENOS AIRES: Argentina's government said that tax revenues rose 30.1 percent in January from a year earlier to 117.458 billion...
Audi sells record 137,700 cars on rising China, US, Germany demand
BERLIN: The sales of Audi have increased by 10 per cent to a record 137,700 cars due to strong demand...
Axis Bank announces 18.4pc rise in its net profit to Rs 1,899.76 crore from Rs 1,604.11 crore
New Delhi: Axis Bank had announced an 18.4 percent rise in its net profit to Rs 1,899.76 crore for the...
Indian govt to invest Rs 6,990 crore in 9 public sector banks including SBI, BoB, PNB
New Delhi: For enhancing their capital and meeting global risk norms, the government will soon infuse Rs 6,990 crore in...
GAIL India Ltd announces 64pc drop in net profit at Rs604.08 crore
New Delhi: GAIL India Ltd announced a massive 64 per cent drop in its December quarter net profit as it...
Dena Bank announces 12.9pc growth in net profit to Rs 76.5 crore from Rs 67.8 crore
Mumbai: Dena Bank announced 12.9 percent growth in net profit to Rs 76.5 crore for the third quarter ended December...
Qatar Fuel Additives Co to launch Carbon Dioxide Recovery Plant
DOHA: Qatar Fuel Additives Company Ltd (QAFAC) will officially announce the launch of one of their greatest innovations to date,...
Libya’s oil export port Hariga shuts down due to strike, output to lower to 300,000 barrels a day
TRIPOLI: Libya's eastern oil export port Hariga shut down due to a strike of security guards, a port official said...
Exports fall by 3.2% YoY to 1.23tr yuan: China’s trade surplus up 88% to 367 billion yuan in Jan
BEIJING: The rapid increase in Chinese export has pushed 88 percent of the country’s trade surplus to reach 367 billion...
IDBI Bank suffers decline in net profit at Rs102.79 crore from Rs103.96 crore
New Delhi: IDBI Bank announced a marginal decline in net profit at Rs 102.79 crore for the October-December quarter of...
Birla Sun Life Mutual Fund garners Rs 781 crore with participation of 77,112 investors
New Delhi: Birla Sun Life Mutual Fund has garnered Rs 781 crore through its manufacturing sector scheme. The scheme--Birla Sun...
Punjab & Sind Bank reports 42pc decline in net profit to Rs58 crore
New Delhi: Punjab & Sind Bank announced a 42 per cent decline in net profit to Rs 58 crore in...
Sri Lanka approves $1.5 billion China funded port project to avoid ‘misunderstanding’ with Beijing
COLOMBO: Sri Lanka’s new government will go ahead with $1.5 billion China’s funded port city project planned by the previous...
Uganda Customs’ new commissioner hopes to win taxpayer’s hearts
KIRA: Uganda Revenue Authority Commissioner General, Doris Akol is hopeful to win the hearts and minds of taxpayers. The new...
Taiwan sets $11 billion in foreign investments target in 2015
TAIPEI: The Ministry of Economic Affairs has set a goal of attracting US$11 billion in foreign investments in 2015, an...
