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.
Chinese yuan slides on ECB’s plan to buy 60b euro bonds
As the ECB committed to a quantitative easing (QE) program that will see it print money to buy up 60...
Bulgarian Customs seizes 2m European baby Eels, arrests 2 Chinese at Sofia Airport
BULGARIA: Bulgarian Customs seized two million smuggled European baby Eels at Sofia Airport. Two Chinese were taken into 72-hour police...
Jordan Customs signs agreement with Russian counterpart
AMMAN: Jordan Customs signed an agreement with its Russian counterpart to enhance mutual cooperation on issues pertaining to trade between...
ECB’s €1.1tr stimulus package, 60b euro-purchase plan: Gold steadies above $1,300 a tonne
SINGAPORE – Reaching near its strongest level in 5 months, gold steadied above $1,300 a tonne perhaps due to a...
ECB plans €1.1 trillion stimulus package for Europe’s economy
Frankfurt – Under a European Central Bank President Mario Draghi’s plan, at least €1.1 trillion will be pumped into Europe's...
Britain’s top share index hits 7 week high in cautious trading
ONDON: Britain's top share index hit a seven week high in cautious trading ahead of the European Central Bank's (ECB)...
Swiss central bank to spend over $100b to hold down currency value
GENEVA: Central Bank senior official said Switzerland would have had to spend more than $100 billion this month alone if...
Central bank of Croatia sells 326.2m euros to support Kuna
NEW YORK: Central bank of Croatia has sold 326.2 million euros ($379.17 million) to commercial banks in the local foreign...
Indian Coal Ministry begins process of allotment of mines to central, state public sector units
NEW DELHI: The Coal Ministry has begun the process of allotment of mines to central and state public sector units,...
EU lifts embargo on import of Indian mangoes
NEW DELHI: India's Alphonso mangoes will return to European market after the European Commission voted to lift a ban imposed...
Costa Rica’s export of goods reaches $11.2 billion, shows 2.4% decrease in 2014
LONDON: Costa Rica’s exports of goods last year totaled $11.2 billion, representing a 2.4 percent decrease compared to the $11.5...
150,000 tonnes of beans, cocoa products stuck: African govt’s strict controls cause blockage at Ivory Coast ports
IVORY COAST: African government's rigid controls to clear cocoa beans and products for shipping are creating blockage at Ivory Coast...
Obama, Modi agree to enhance bilateral trade relations
NEW YORK: The United States welcomed Narendra Modi in Washington and President Barack Obama accompanied the Prime Minister Modi to...
Eight smugglers sentenced to death for trafficking heroin in Vietnam
Hanoi: A Vietnamese court has sentenced eight members of a smuggling gang to death for trafficking heroin and five others...
Apple’s iPhone 6 conquers Samsung’s home market by capturing 33% shares
SEOUL: Apple’s iPhone 6 has dominated Samsung Electronics Co Ltd's home market in South Korea by capturing record 33 per...
13,472,255 cubic meters: Brazil LNG imports hike 28% in 2014
SAO PAULO: Imports of liquefied natural gas to Brazil rose 28% during 2014, totaling 13,472,255 cubic meters, up from 10,514,012...
Nepal police arrest media industrialist in smuggling case
KATHMANDU: Nepal police arrested media industrialist Himal Rai, pulisher of Action Times Weekly and owner of Heart FM, on the...
Europe missed chance to fix economy : Ex-Bundesbank chief
LONDON: Europe has squandered three years of opportunity to conduct badly needed economic reforms, former Bundesbank chief Axel Weber said...
SMEs increased sales through e-commerce by 30%
ANKARA: Small and medium enterprises (SMEs) in Turkey have increased their online sales by 30 percent in 2014 compared to...
Facebook creates 4.5m jobs, $227b economic activity in 2014: report
LONDON: Facebook created more than 4.5 million jobs and more than $227 billion of economic activity in 2014, a new...
