1.8m tonnes of fuel annually smuggled into Afghanistan
KABUL: The Afghanistan National Standards Authority (ANSA) on Monday said 1.2 million tonnes of fuel was imported to the country...
25% of Spain’s high-speed AVE train stations used by less than 100 people per day
MADRID: Large sections of Spain’s high-speed railway are deserted, according to new data. In total, one in four AVE stations...
Germany agrees to toughen inheritance-tax rules
BERLIN: Germany’s ruling coalition agreed Monday to restrict tax exemptions on some corporate successions, allowing them only for smaller companies...
Pernia expects GDP growth to reach 6.5% in 2016
DAVAO CITY: The economic team of President-elect Rodrigo R. Duterte sees the economy expanding by at least 6.5 percent this...
SpaceX may face $15,000 port fee for booster return
WASHINGTON: Port Canaveral is considering charging SpaceX $15,000 every time the company brings one of its rocket boosters to the...
Rabobank to stop offering its own brokerage services
AMSTERDAM: Rabobank is pulling the plug on its own brokerage and research services with the loss of 30 jobs, further...
Aptma criticises cotton export to India
LAHORE: The textile millers have condemned the cotton exports from Pakistan to India, terming it the last nail in the...
NPL problem is huge but road is now open for its management
ATHENS: Seven out of 10 loans that had been entered into a payment scheme by households and corporations struggling under...
Warden bribed to smuggle drugs
KUWAIT CITY: A 30-year-old Kuwaiti inmate in the Central Jail tried to bribe a first lieutenant assigned in the General...
Record year for Abu Dhabi Ports cruise terminal
ABU DHABI: Abu Dhabi Ports has experienced increases of 16 percent in passenger numbers and 20 percent in vessel calls,...
Difficult to slash Indonesia’s benchmark interest rate: World Bank
JAKARTA: Despite the recent moderate inflation in Indonesia, cutting the benchmark interest rate is not an easy task due to...
Buy Adani Ports & SEZ, target Rs 271
WASHINGTON: Elara Capital is a 'BUY' call with a 12-month target price of Rs 271. Adani Ports' stock price has...
Switzerland fears it will be a Brexit loser
GENEVA: If British voters decide to leave the EU this week, Switzerland will likely reap an influx of money from...
Lycamobile are raided by French police and nine people are charged on suspicion of money laundering and tax fraud
PARIS: Nineteen people working for the biggest donor to the Conservative Party have been arrested in France in connection with...
Microsoft ‘saved €127m a year in tax by booking sales through Ireland’
DUBLIN: Microsoft has become the latest US multinational to have its tax affairs put under the spotlight, as it reportedly...
How Canada got into bed with tax havens
OTTAWA: On a cold December afternoon in 1980, with MPs' voices echoing in the mostly empty chamber, the House of...
New policy for dry bulk cargo for major ports from August 20
NEW DELHI: To increase efficiency of major ports, a new berthing policy for dry bulk cargo will be in place...
Vehicle sales to contract 10% this year, says RAM Ratings
KUALA LUMPUR: RAM Rating Services Bhd expects vehicle sales to decline up to 10% in 2016 due to weak consumer...
Record year for Abu Dhabi Ports cruise terminal
ABU DHABI: Abu Dhabi Ports has experienced increases of 16 percent in passenger numbers and 20 percent in vessel calls,...
Frasers Logistics and Industrial Trust makes trading debut at 91 cents
SINGAPORE: Frasers Logistics and Industrial Trust was trading at 91 cents in its debut on Tuesday morning, up from its...
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