WASHINGTON: The Philippine Ports Authority  on Wednesday  rebuffed Customs Commissioner Alberto Lina and directed its port management office in Manila...

GENEVA: Nestle-owned Nespresso announced here the other day that it will reintroduce Cuban coffee to the US for the first...

WASHINGTON: Ports of Auckland has been recognised as the ‘Best Seaport in Oceania’ at the Asian Freight, Logistics and Supply...

DUBLIN: A Supreme Court decision has cleared the way for the Revenue Commissioners to continue its pursuit of a number...

OTTAWA: Air Canada is threatening to walk away from its plan to buy up to 75 CSeries jets from Bombardier...

COLOMBO: Sri Lanka's Supreme Court has decided to hear a case filed by a legislator over the imposition of value...

KOTA KINABALU: Sabah Marine police seized 22,790 contraband cigarettes and 49 boxes of firecrackers and fireworks smuggled in from Mangsi...

MOSCOW: The U.S. company Hyperloop is planning to construct a “new Silk Road” passing through Russia, the Reuters news agency...

WASHINGTON: The International Monetary Fund cut its outlook for U.S. economic expansion this year, citing a weak energy sector, a...

PARIS: Iran's major car manufacturer Iran Khodro and French car manufacturer Peugeot-Citroen (PSA) agreed to launch a joint company in...

BEIJING: China’s growing population of wealthy people is set to unleash the growth potential of the country’s nascent private banking...

HONG KONG: Asian stocks were up in hesitant trade on Thursday, as many investors sought shelter in safe-haven assets such...

FRANKFURT/LONDON: European stocks logged a fourth straight session of gains Wednesday as investors appeared to remain confident Brits will vote...

TORONTO: Canada's benchmark stock index edged slightly lower on Wednesday, with energy stocks weighing as oil fell with a smaller-than-expected...

NEW YORK: U.S. stocks closed slightly lower Wednesday as Federal Reserve Chairwoman Janet Yellen completed her second day of testimony...

MEMPHIS: FedEx Corp lost US$70 million in the latest quarter because of large pension and acquisition items, and the delivery...

STOCKHOLM: Hennes & Mauritz AB says second-quarter net profit fell 17 percent as the Swedish fashion retailer continued to be...

LONDON: British toymaker Hornby PLC said it would decrease its product lines by 40 percent and exit a majority of...

TOKYO: Mitsubishi Motors Corp yesterday forecast its first loss in eight years after setting aside compensation costs related to manipulating...

TAIPEI: DBS Bank yesterday cut its GDP growth forecast for Taiwan this year to 0.9 percent, from the 1.4 percent...