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.
Qatar’s QIC profits rise to over QR1bn in 2014
DOHA: Qatar Insurance Company (QIC) has reported a significant growth in its annual profit to over QR1bn for the year...
South Africa suffers R5b losses due to cyber crime in 2014
CAPE TOWN: Businesses are warned to take heed as cyber crime is on the increase in South Africa with losses...
Hawaii port becomes more high-tech, shippments reach to 98%, cyber attack risk increases
HONOLULU: Hackers took their best shot at the islands' maritime industry in a simulated cyber attack.Hawaii's shipping industry is not...
India challenges WTO in US poultry import ban case
MUMBAI: India has challenged a World Trade Organization (WTO) ruling asking it to lift ban on the import of cheap...
US, Cuba to benefit from expanded trade
HAVANA: Cuba is looking like good news for US agriculture, even though fully realizing the benefits will take time and...
Cuba, US reveal diplomatic relations, American able to travel under new rules
HAVANA: Cuba and the United States announced a chance in diplomatic relations; Americans are now able to travel to the...
Irish airline Aer Lingus to accept a €1.36b takeover offer from British Airways owner IAG
LONDON: Irish airline Aer Lingus has shown an interest to accept a €1.36bn (£1bn) takeover offer from British Airways owner...
Tesco to close 43 stores in UK costing 2000 jobs
NEW YORK: Tesco PLC, a British multinational grocery and general merchandise retailer, is set to close 43 stores across the...
Nepal customs seizes extra goods into containers cargo loaded by agents
KATHMANDU: Customs agents at the Biratnagar Customs Office have been caught putting extra goods into containers that have cleared customs...
1st Source Corporation announces record net income of $58.07 million
South Bend, IN: 1st Source Corporation announced record net income of $58.07 million for the year of 2014, a 5.66%...
Vietnam customs data shows mobile phones exports up 11% to $23.6bn in 2014
HANOI: Mobile phones and parts raked in the biggest export revenue for Vietnam last year, customs data shows. Mobile phones...
TrustCo Bank Corp NY announces net income advances 11pc
Glenville, New York: TrustCo Bank Corp NY announced that its net income for the last year advanced 11 percent to...
CNCBI Cross-border Banking Demand Index rises 0.7 to 5.89
Hong Kong: China CITIC Bank International Limited announced that the CNCBI Cross-border Banking Demand Index rises 0.7 over the last...
Community Bank System, Inc. announces net income of $23.1m versus $15.5m of last quarter
SYRACUSE, N.Y: Community Bank System, Inc. announced fourth quarter 2014 net income of $23.1 million, a hike of 49.5% compared...
Union Bankshares, Inc. reports net income of $7.7m with 7.8% hike
Morrisville, VT: Union Bankshares, Inc. reported Net Income for the year ended December 31, 2014 of $7.7 million while the...
Nippon Paint tycoon becomes Singapore’s richest man with net worth of US$8.2 billion
SINGAPORE: Mr Goh Cheng Liang, the founder of Nippon Paint South-East Asia Group (Nipsea), is now the richest man in...
Kuwait’s oil exports to China hike 52.7% to 1.73 million tonnes in 2014
KUWAIT CITY: Kuwait's crude oil exports to China in December climbed 52.7 percent from a year earlier to 1.73 million...
South Africa’s Employment Tax Incentive adds 270,000 Jobs
CAPE TOWN: The implementation of the Employment Tax Incentive (ETI) Act in South Africa has resulted in 270,000 young people...
Taiwan MediaTek’s MT6975 chip receives certification by China Mobile
TAIPEI: MediaTek Inc., Taiwan's leading fables semiconductor company, announced that its MT6975 smartphone chip has received certification in record time...
Enhancing cooperation: Qatar plans to build 2nd LNG terminal in Italy
DOHA: Italy and Qatar are working to further deepening the bilateral economic ties. Both the countries are planning to build...
