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.
Nigeria eyes imports to fulfill wheat needs
WASHINGTON: With production of major grain crops limited, Nigeria is expected to continue to rely on imports during the 2016-17...
Unemployment rate falls to 4.9%
WASHINGTON: The unemployment rate is at its lowest point since February 2008, when the Great Recession was beginning. The U.S....
Venture Life sees at least 50% jump in FY revenues
WASHINGTON: AIM-listed Venture Life said it expected to report full-year revenues of at least £14m as it order book strengthened...
Nigeria stops imports of wheat from Russia
ABUJA: Nigeria has resolved to stop the importation of wheat from Russia to help save its foreign currency reserves. The...
Mozambique inflation of 2.58% in October
MAPUTO: The Mozambican inflation rate, calculated from the consumer price indices of the three main cities (Maputo, Nampula and Beira),...
Uzbekistan to up export of fruits, vegetables by late 2016
WASHINGTON: Uzbekistan will export one million tons of fruits and vegetables by late 2016, Ulugbek Rozukulov, Uzbek deputy prime minister,...
Turkmen parliament preparing state budget for 2017
ASHGABAT: The work on adoption of the draft state budget for 2017 is underway in committees of Turkmenistan’s parliament, the...
Peru’s total export volume up 20% in September
LIMA: In September 2016, Peru's total exports volume grew 20% over the same month in 2015, the National Institute of...
Kenya earns 20% more from horticulture exports
NAIROBI: Kenya's earnings from horticulture exports rose 20 percent to 77.81 billion shillings ($766 million) in the first nine months...
Caredx Q3 revenues up 74%
NEW YORK: CareDx reported after the close of the market on Wednesday that its third quarter revenues rose 74 percent...
Zimbabwe tobacco exports rake in $670 mln
HARARE: Zimbabwe has earned $670 million from tobacco exports as China continues to be the major market destination, statistics from...
Nigeria’s crude oil exports to fall in December
ABUJA: Nigeria's crude oil exports in December are set to fall from the level planned for the month earlier as...
Kazakhstan increased flour exports by 27%
WASHINGTON: In 2015/16 Kazakhstan exported 2157 KMT of flour, which was 27% higher than export shipments of last season, reports...
Latvian foreign trade balance has improved considerably in Sep
WASHINGTON: Provisional data of the Central Statistical Bureau (CSB) show that, as compared to August, in September 2016 Latvian foreign...
ASE October revenues drop
WASHINGTON: Advanced Semiconductor Engineering (ASE) has announced consolidated revenues of NT$25.94 billion (US$824.6 million) for October 2016, down 4.9% sequentially...
Burberry pretax profit slides 40% as costs climb
LONDON: Burberry Group PLC reported a 40% drop in first-half profit amid higher costs, underscoring the continued challenge for Chief...
Zimbabwe has 321,000 tons of maize in strategic reserves
HARARE: Zimbabwe's government is holding 321,000 tonnes of maize in strategic reserves, just over half of its optimal requirements and...
Columbus exports fall slightly in 2015
WASHINGTON: Local economic-development officials want to see the Columbus metropolitan area rank 25th or better in the country by 2020....
Angola increases tax on meat imports
WASHINGTON: The government of Angola plans to increase import duty on meat to encourage increased domestic production, and has estimated...
Nigerian capital imports fall by 34% in Q3
ABUJA: The value of capital imported into Nigeria in the third quarter fell 34 percent year on year to $1.822...
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