Home | Economy (page 156)

Economy

A red tide ebbs

LAST year it seemed that a Chinese invasion of American stockmarkets was under way. More than a dozen firms from the mainland floated shares in New York, raising $30 billion in total. Alibaba, an e-commerce firm, led the pack with ...

Read More »

South Asian connectivity hinges on motor vehicle deal

WT24 Desk Comprehensive multimodal connectivity in South Asia critically hinges on implementation of the Bangladesh-Bhutan-India-Nepal (BBIN) Motor Vehicle Agreement (MVA), participants at a dialogue observed, agencies report.  They said for deepening South Asian integration, the role of the MVAs would ...

Read More »

Kremlin Denies Discussing ‘Loan’ To Greece

WT24 Desk Russia has given contradictory messages over whether the country would be prepared to give financial support to Greece, Sky News reports. Kremlin spokesman Dmitry Peskov was asked whether there had been any discussion between Russian President Putin and Greek ...

Read More »

NBR to go online

WT24 Desk National Board of Revenue (NBR) is going to introduce software to settle the cases pending in different tax regions, custom houses and Commissionerates, agency reports. To this end, the NBR has formed a seven-member committee headed with its ...

Read More »

Greeks Protest Against EU ‘Blackmailers’

WT24 Desk Thousands of Greek protesters have taken to the streets of Athens urging their government to stand firm and reject further austerity measures being demanded by the country’s creditors., Sky News reports.  Carrying banners accusing EU leaders of being ...

Read More »

Nestle to destroy noodles worth $50m

WT24 Desk Nestle says it will destroy more than $50m (£32m) worth of its hugely popular Maggi noodles, following a ban imposed by India’s food safety regulator, BBC reports. India’s food safety regulator says tests have found the instant noodles ...

Read More »

Oil prices down in Asian trade

WT24 Desk SINGAPORE – Oil prices fell in Asia today as dealers fretted over a collapse in Greece’s debt talks and a possible return of Iranian supplies disrupted by international sanctions, analysts said, AFP reports.  US benchmark West Texas Intermediate ...

Read More »