MADRID: Spanish banks, which slimmed down after a property boom went bust in 2008, are once again closing branches and...

BUDAPEST: The European Commission (EC) expects Hungary’s GDP to grow by 2.5 percent in 2016 and 2.8 percent in 2017...

TEHRAN: Iran's oil exports have risen above 2 million barrels a day, the official news agency IRNA reported on Wednesday,...

KABUL: Afghanistan on Wednesday evinced a keen interest in exporting commodities and minerals to different destinations around the globe through...

COPENHAGEN: Danish shipping and oil group A.P. Moller-Maersk yesterday said that first-quarter underlying profit plunged to US$224 million from US$1.5...

AMSTERDAM: Royal Dutch Shell PLC yesterday announced an 89 percent drop in net profit for the first quarter, blamed on...

NEW YORK: Economies across large swathes of the globe could shrink dramatically by mid-century as fresh water grows scarce due...

WASHINGTON: Seven big banks, including Bank of America Corp, JPMorgan Chase & Co, Credit Suisse Group AG and Deutsche Bank...

TAIPEI: Broadband and telecommunications equipment maker Sercomm Corp yesterday said that it recorded a strong rise in first-quarter profit, boosted...

OTTAWA: Canada's private-sector television broadcasters saw their industry's revenue shrink by $46.6 million between 2014 and 2015, according to an...

JAKARTA: Manufacturing was under pressure in the first quarter of 2016, with a 1.41 percent quarter-on-quarter ( qoq ) decline,...

DOHA: The combined value of Qatar’s real estate transactions during the fourth week of April (from 24-28) amounted to QR580.6m,...

NIAGARA: If regional politicians have their way, truckers and other motorists crossing into Canada over the Peace Bridge could find...

JOHANNESBURG: South Africa imported 1.96 million tonnes of maize during the 2015/16 marketing season which ended April 30, compared with...

CANBERRA: Austrian petrochemicals producer Borealis will import 240,000 mt/year of US shale-based ethane for its crackers in Europe, company CEO...

ISLAMABAD: President Mamnoon Hussain has urged the exporters to play their part in promoting tax culture in the country and...

ZEG: Oil driller Transocean Ltd. swung to a first-quarter profit as it slashed spending to offset a 35% revenue drop...

PARIS: Air France-KLM Group has reported a first-quarter net loss of €155 million ($175.3 million), narrowed from a €559 million...

NEW DELHI: Gold imports fell sharply by 67.33 per cent to 19.6 tonnes in April 2016 as jewellers’ strike opposing...

RIYADH: Indonesia and Saudi Arabia have agreed to double their bilateral trade value by 2020 as the two countries believe...