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.

Bill Gates wishes to speak French, Arabic, Chinese instead of English

WASHINGTON: The world’s richest man might seem to have it all, but Bill Gates has one regret. The self-made billionaire...

Argentina’s trade rise 17 % in 2014 as lowest from lost 15 years

BUENOS AIRES: The perspective of a low trade surplus this year would impose strong constraints on a wider flexibilization on...

Ethiopia customs authority achieves 100% in first half FY

ADDIS ABEDA: The first half of the current fiscal year has shown success for the Ethiopian Revenue & Customs Authority...

Bulgarian Customs Seize 2.5 Kg of Cocaine worth BGN 3M at Sofia Airport

SOFIA: Bulgarian customs officers have seized 2.5 kilogrammes of cocaine of very high purity at Sofia International Airport, the National...

Mylan aims to buy health care businesses Famy Care Ltd for $800 million

NEW YORK: Mylan Inc. has decided to buy health-care businesses of women from Indian partner Famy Care Ltd. for $800...

Maruti Suzuki sells 116,606 units with 13.9% growth

NEW DELHI: Maruti Suzuki India Ltd showed a positive growth of 13.9 percent as compared to sales during the same...

USD 4 billion deal with Sun Pharma: US FTC asks Ranbaxy to divest asset

Washington: FTC has asked Ranbaxy to divest one generic product as a condition for clearing its USD 4 billion deal...

Indian govt nets Rs 22,557 crore from CIL bumper stake sale

New Delhi/Mumbai: The 10 percent stake sale in Coal India, in the biggest-ever disinvestment, fetched the government Rs 22,557.3 crore...

Grasim Industries announces net profit at Rs 333.61 cr

New Delhi: Grasim Industries announced a consolidated net profit of Rs 333.61 crore for the third quarter ended December 2014....

Indian Overseas Bank to raise Rs 1,000 crore: Bond issue to close on February 4, 2015

Chennai: Indian Overseas Bank will raise Rs 1,000 crore to augment the additional Tier-I capital and also to strengthen its...

Qatar trade surplus shrinks as exports plunge 21.7% to QR33.84bn in 2014

DOHA: Weak oil prices appears to have had its debilitating effect on Qatar with its trade surplus shrinking considerably in...

EU likely to use oil embargo to press Libya for solution

TRIPOLI: According to Business Monitor International (BMI), the EU is considering the use of an oil embargo as a potential...

Bahrain customs catches Egyptian for smuggling 30 cars

MANAMA: Bahrain customs caught a 45 years old Egyptian smuggler who is being a part of international car smugglers is...

Kuwait’s trade surplus with Japan falls by 21.7% to JPY 84.1b in 2nd straight month

KUWAIT CITY: Kuwait's trade surplus with Japan narrowed 21.7 percent in December to JPY 84.1 billion (USD 713 million) from...

Qatar’s MPHC records QR1.8bn net profit for 2014

DOHA: Mesaieed Petro-chemical Holding Company (MPHC), a subsidiary of Qatar Petroleum, has recorded a consolidated net profit of QR1.8bn for...

Argentina’s trade rise 17 % in 2014 as lowest from lost 15 years

01/02/2015

BUENOS AIRES: The perspective of a low trade surplus this year would impose strong constraints on a wider flexibilization on...

Russian Economy Ministry sees 2015 GDP contracting 3%

MOSCOW: Economy Minister of Russia Alexei Ulyukayev said the ministry sees the country's economy shrinking 3 per cent in 2015...

Qatar Airways buys $1.7b share in British Airways-owner IAG

LONDON: Qatar Airways got a 9.99 percent share in International Consolidated Airlines Group (IAG) worth 1.15 billion pounds ($1.7 billion)....

Amazon aims to introduce business email product, charging $4 per month for each inbox

NEW YORK: Amazon aims to introduce a work email service in order to try and take on Microsoft’s Outlook and...

Six British energy groups to make £114 annual profit per household