Border Patrol agents confiscate meth worth $266,700

HOUSTON: U.S. Customs and Border Protection officers working at the Houston Seaport seized more than 3,500 hoverboards, valued at more...

US Customs seizes meth worth over $40,000

DALLAS: U.S. Customs and Border Protection officers working at Dallas/Fort Worth International Airport (DFW) arrested a man after finding more...

IEA expects Russia to cut oil production by 275,000 barrels per day in 2021

MOSCOW: The International Energy Agency (IEA) expects that Russia will cut oil production by 275,000 barrels per day by 2021...

Schengen collapse could Cost EU $1.5 trillion – Study

COPENHAGEN: The strain of the ongoing migration crisis has sparked fears the EU's much celebrated passport-free Schengen travel zone could...

Russia’s grain export to UAE may grow from 0.5 million tons to 2-3 million tons

MOSCOW: Russia may build up export of grain to the United Arab Emirates from 0.5 million tons to 2-3 million...

British pound falls as London mayor backs brexit

LONDON: The pound sterling fell over two percent against the dollar early morning on Monday, reaching nearly 1.4 pound per...

Just 3% of heroin in Ireland is seized, says UN

DUBLIN: An estimated 97% of heroin being trafficked into Ireland is getting through undetected, according to a major report by...

Global smartphone shipments increase 12%

WASHINGTON: Global smartphone shipments increased by 12 per cent to hit 1.4 billion units in 2015, although there are signs...

Container volumes grow 7% in Jan

NEW DELHI: Container volumes at major ports jumped 7% in January this year on a year on year comparison says...

Brazil’s inflation at 10.71% in Jan

BRASÍLIA: Brazil's inflation in January was more than expectations at 10.71% y/y, as compared with December's 10.67% y/y, disproving the...

Morocco annual inflation eases to 0.3% in Jan

RABAT: Morocco's annual consumer price inflation eased to 0.3 percent in January from 0.6 percent in December, mainly due to...

Italy, Portugal bond yields fall

LISBON: Yields on Italian and Portuguese debt, the focal point of recent concerns about the health of Europe's financial sector,...

Tokyo Steel cuts March prices 14% to scrap imports

TOKYO: Tokyo Steel Manufacturing , Japan's top electric arc furnace steelmaker, said it will cut prices for March delivery, by...

Finland oil prices to remain low in this year

HELSINKI: Oil prices will remain low at 40-50 U.S. dollars later this year, due to shale oil revolution and others,...

Nib New Zealand’s H1 profit nearly triples

WELLINGTON: Nib Holdings' New Zealand unit nearly tripled operating profit in the first half of the current financial year as...

Beef, pork exports value decrease for 2015

WASHINGTON: Beef and pork export values for 2015 were below the 2014 record totals according to the USDA’s latest Trade...

CII signs MoU with Dubai exports to boost trade

DUBAI: Aiming to strengthen India-UAE economic ties, Confederation of Indian Industry (CII) has signed an MoU with Dubai Exports to...

All possible measures to be taken to address key issues of traders

ISLAMABAD: A delegation of Islamabad Chamber of Commerce and Industry led by its President Atif Ikram Sheikh called on Sheikh...

GM review plans to invest $1.6 bln in Brazil