BAGHDAD: Iraq has approved measures requested by the International Monetary Fund to unlock loans that should help the country overcome...

JAKARTA: Indonesia's exports and imports are expected to decline in May but at a slower pace, with the size of...

KATHMANDU: Nepal Food Corporation (NFC) has said it is planning to expand its portfolio in trading of daily essentials. Last...

MUMBAI: Ant works, the BPO firm started by former Infosys executive Asheesh Mehra, has raised its three-year revenue goal to...

AMMAN: The World Bank (WB) is downgrading its 2016 global growth forecast to 2.4 per cent from the 2.9 per...

BEIJING: China's fiscal revenue rose 7.3 percent year on year to 1.546 trillion yuan (US$234.8 billion) in May, data from...

KIEV: Russian Energy Minister Alexander Novak said Sunday that negotiations on the issue of renewal of gas deliveries to Ukraine...

WARSAW: Some 1,000 business leaders, academics, political figures and local decision-makers will descend on the Polish coastal city of Sopot...

MUSCAT: Oman Telecommunications Company (Omantel), the Sultanate’s leading provider of integrated telecommunication services, has joined hands with the Public Authority...

HELSINKI: The value of new orders in manufacturing was 10.1 per cent lower in April 2016 than twelve months earlier,...

ABU DHABI: The introduction of VAT in the UAE by 2018 is likely to lead to higher inflation rates, according...

DUBAI: The trade between the Jebel Ali Free Zones (JAFZA) and Japan grew 36 per cent in the past five...

DUBAI: The Dubai Chamber of Commerce and Industry announced the launch of the Ukrainian Business Council, which has become the...

ABU DHABI: Business France, the national agency for international development of the French economy and the French Business Council in...

HCM CITY: With vast areas suitable for growing flowers, Việt Nam has the potential to become one of the world’s...

ATHENS: Restaurants in certain parts of the country have already started presenting patrons with two menus listing different prices: one...

ROME: Italy's banking share index is down 2.9 percent by 0717 GMT with Banca Monte dei Paschi falling 3.7 percent...

MANILA: The National Power Corp. (Napocor), posted a net income of P2.9 billion last year, reflecting a complete turnaround from...

TEHRAN: Iran signed deals to sell crude oil to seven European companies, an Iranian oil official was quoted as saying...

COPENHAGEN: The world's largest operator of offshore wind farms sold 17.4 percent of its share capital at 235 kroner per...