World Business

Markets, oil drop in Asia but bitcoin edges towards $50,000

byCT Report

12/02/2021

Asia markets slip as dealers take breath in holiday-thinned trade

11/02/2021

Asian markets push higher as traders focus on recovery outlook

10/02/2021

Asian markets track Wall St records on reopening hopes

09/02/2021

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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.

UAE to keep spending on development projects despite low oil prices

DUBAI: The United Arab Emirates has built up large economic reserves which will allow it to keep spending on development...

Standard Chartered to sell Hong Kong based consumer business to Pepper Australia, Chinese group

HONG KONG: The Standard Chartered has agreed to sell its Hong Kong based consumer business to a group that includes...

Japanese PM Shinzo Abe plans to lower corporate tax rate by 2.5%

TOKYO: One of the highest among major economies, Japan's government is considering lowering the corporate tax rate by 2.5 percentage...

South Korea in bid to increase its Free Economic Zones

SEOUL: The Ministry of Energy, Trade and Industry has disclosed that South Korea is involved in a push to increase...

Spanish Repsol to buy Talisman Energy’s 5th largest producer for $13b

MADRID: Repsol Spanish oil company said on Tuesday it had reached an agreement to purchase Talisman Energy's fifth largest producer...

Philippines DOF aims at maintaining higher revenue collection

MANILA: The Department of Finance (DOF) Philippines plans to further shore up revenue collection while continually reducing the share of...

Remarkable growth: Turkey close to becoming highest income economy

ISTANBUL: Turkey’s substantial economic performance and rapid increase in its finance market will be helping for Turkey to become high...

Increasing competitiveness: Japan cuts down 2.5% corporate tax from 2015

TOKYO: Japan's government has decided to lower the corporate tax rate, one of the highest among major economies, by 2.5...

Western investors keen to invest in Iran’s national car manufacturer

TEHRAN: The Iranian manufacturers have prepared to open for business with the West after expecting an end to sanctions, sources...

Saudi Council of Ministers approves 11 new air transport plans

RIYADH: The Saudi General Authority of Civil Aviation (GACA) will soon sign air transport agreements with 11 countries including Tanzania,...

Iran for boosting bilateral trade ties with Armenia

TEHRAN: Iran used all its resources to increase bilateral relations with Armenia, said by Iranian Energy Minister Hamid Chitchian here...

OPEC not to change output even if oil slips below $40: UAE

UAE: OPEC will stand by its decision not to cut output even if oil prices fall as low as $40...

Burger King Germany restaurants to reopen this week

FRANKFURT: Burger King Germany said on Monday, German Burger King restaurants were shut down last month in a row between...

American fashion chain Gap strikes deal with online fashion retailer Zalando

15/12/2014

BERLIN: American clothing and accessories retailer Gap Incorporation has struck a deal with Europe's largest dedicated online fashion retailer Zalando...

American Honeywell 2015 revenue forecast below market estimates