Read latest updates about "World Business" - Page 1

Oil Prices Slump, WTI At Lowest Level Since 2002

New Delhi: Crude oil prices continued their freefall on Wednesday with the WTI crude of US falling below the $24 per barrel mark. Currently, the West Texas Intermediate (WTI) crude is trading at...

18 March 2020 6:31 PM GMT

Coronavirus to rob business travel sector off $820 billion: GBTA

Alexandria: The coronavirus (COVID-19) continues to impact the global business travel industry which is expected to suffer a revenue loss of 820.7 billion dollars, according to the latest research...

11 March 2020 10:13 AM GMT

EU extends Pak's GSP-Plus status for two years

Islamabad: The European Union has extended the Generalised System of Preferences (GSP) Plus status for cash-strapped Pakistan for two years, allowing the country access to preferential duties on...

7 March 2020 7:45 AM GMT

S.Korea's COVID-19 toll touches 41, cases rise to 6,088

Seoul: South Korea on Thursday confirmed 322 more cases of the COVID-19, raising the total number of infections to 6,088. Five more deaths were also reported, taking the toll to 41. The number of...

5 March 2020 11:23 AM GMT

'Uncertainty Becoming New Normal': Coronavirus Hits Fragile Global Economy, Says IMF Chief

Washington: In the best-case scenario, the economic hit from the epidemic in China will be short-lived, but it comes as the global economy remains fragile, IMF chief Kristalina Georgieva said on...

20 Feb 2020 4:00 PM GMT

Necessary to prevent statelessness when nationality laws are changed: UN chief

Islamabad: Amid concerns over India's Citizenship Amendment Act and the proposed National Register of Citizens (NRC), UN chief Antonio Guterres has said it is necessary to do everything to prevent...

19 Feb 2020 1:34 PM GMT

Oil Price Jumps As WHO Declares Global Emergency But Recommends No Travel, Trade Restrictions Oil Price Jumps As WHO Declares Global Emergency But Recommends No Travel, Trade Restrictions

Singapore: Oil prices jumped on Friday following sharp losses this week, as the World Health Organization (WHO) came out against travel and trade restrictions in declaring a global emergency over the...

31 Jan 2020 5:01 PM GMT

Indian-Americans, US Businesses Welcome Appointment Of Taranjit Sandhu As New US Envoy

Washington: Indian-Americans, the US business and think tank communities have welcomed the appointment of career service diplomat Taranjit Singh Sandhu as India's new ambassador to the United States....

29 Jan 2020 4:01 PM GMT

Finance Ministry Declines To Share Swiss Bank Account Details Of Indians Citing 'Confidentiality Provisions'

New Delhi: The Finance Ministry has declined to share Swiss bank accounts details of Indians saying it is covered under 'confidentiality provisions' of a tax treaty signed between India and...

23 Dec 2019 10:45 PM GMT

Ex-Pepsico Head Indra Nooyi Inducted Into Smithsonian National Portrait Gallery In US

Washington: Indian-American former PepsiCo head Indra Nooyi and Amazon CEO Jeff Bezos have been inducted into the prestigious Smithsonian National Portrait Gallery for their accomplishments and...

18 Nov 2019 3:30 PM GMT

India's Palm Oil Buyers Told To Shun Malaysia To 'Punish Country'

New Delhi: India's top vegetable oil trade body on Monday asked its members to stop buying palm oil from Malaysia, an unprecedented call aimed at helping New Delhi punish the country for criticising...

22 Oct 2019 9:52 PM GMT

India Asks Russia To Help Balance Oil Market

Moscow: India on Friday urged Russia to use its presence in the oil producers' cartel OPEC Plus to balance the global oil market by ensuring adequate supply with reasonable price. Oil Minister...

31 Aug 2019 4:26 PM GMT

Top