World Business

Sydney : The positive momentum the Australian economy enjoyed in the first half of the year now looks to be...

Sabic, a global leader in diversified chemicals, has signed two agreements worth a total of SR5.6 billion ($1.5 billion) to...

COLOMBO: Sri Lanka on Tuesday called for a "coalition of the willing" to help stabilise free-falling emerging market currencies around...

MELBOURNE:The Australian government said on Monday it would provide half the funding for the country's biggest trial to produce hydrogen...

Hong kong : The trade war between the United States and China is beginning to weigh on business sentiment among...

OTTAWA : Although Canadian inflation and retail sales data came in weaker than expected on Friday, market operators predicted the...

Tehran:Russian Deputy Foreign Minister Sergei Ryabkov has repudiated new US sanctions on Iran’s businesses, saying Washington appears to be taking...

KUALA LUMPUR: Malaysia’s economy is expected to grow at a slower pace of 4.7% in 2018 from 5.9% last year,...

US: America’s budget deficit ballooned to $779 billion in 2018, the federal government said on Monday, as higher spending and...

MELBOURNE : The United Nations has asked Australia to urgently evacuate detainees from the Pacific islands of Nauru and Papua...

Malaysia : Nestlé (Malaysia) Berhad is investing more than RM100 million (US$24 million) to expand its MILO factory in Chembong,...

Iran’s condensate exports fell by 46 percent over the first six months of the Iranian year, from March to September,...

Dubai:The total non-oil intra-trade between the UAE and Saudi Arabia amounted to Dh720 billion ($196 billion) since the establishment of...

MOSCOW :The Russian government said on Thursday it planned to increase the volume of bilateral trade with China to $200...

Iran's oil minister said the US will fail in trying to bring Iranian crude exports to a standstill, but acknowledged...

Iran’s Ministry of Petroleum has confirmed that South Korea has halted oil imports from the Islamic republic. “It it for...

ISTANBUL:Turkish companies will no longer be required to count foreign-currency losses when assessing whether to file for bankruptcy, according to...

The arrival of Princess Cruises' Majestic Princess in Sydney last week marked the official start of the 2018-19 cruise season,...

ANKARA: Iran’s gas condensate exports fell nearly 42 percent to 4.1 million tonnes in the five months to Aug 22,...

Dubai and Abu Dhabi account for 85% of UAE business licences issued in the first eight months of 2018.A total...