Middle East Airlines (MEA) is still determined to expand its fleet despite losses the company incurred during the week-long closure of Rafik Hariri International Airport, the company's chairman, Mohammad Hout, said on Friday. "We incurred some losses during the closure
The resumption of dialogue between Lebanon's rival factions in Doha gave a boost to Beirut Stock Exchange on Friday with Solidere shares climbing to more than $28. BLOM Stock Index rose to 1, 780.55 points from 1,672.61, an increase of
Stepping up pressure on the government, the opposition BJP on Thursday demanded that a meeting of chief ministers be convened to discuss terrorism even as it continued to harp on its stand that Pota be revived to deal with the
Coming down heavily on Opposition leader LK Advani's statement that the Jaipur blasts were a result of the CPM's softness on terror, the CPM said Advani is trying to inflame communal passions.
After entrance to the World Trade Organization (WTO), Azerbaijan intends to allocate 10 percent subsidies to the agriculture of the Country, said Azerbaijan's Minister of Economic Development, Heydar Babayev, said at the meeting with Israel's Minister of Agriculture, Shal Simkhon.
Poor bandwidth availability and last-mile connectivity might have slowed the use of unified communications as a technology, but now it's emerging as a strategic tool with corporations for employee retention and going green. Corporations are encouraging the use of UC,
Fresh buying in banking stocks helped the index rebound into the positive zone. The index touched a high of 17,497 - up 182 points from day's low. The Sensex finally ended with a gain of 81 points at 17,435. The
There are multiple reasons for the current food crisis, primarily because of recent cyclones in Bangladesh and Myanmar, which destroyed the entire rice crops in these countries, also exporters of rice. Now they have to import rice instead of exporting
Many a time, investors get carried away by the high returns offered by a particular offering. Out of sheer ignorance most investors do not bother to question the authenticity or the transparency of the examples/illustrations that have been used to
India imports 73 per cent of its crude oil import needs and the cost of imports would spiral after crude inched closer to a record $125 per barrel, while rupee touched its 13-month low, official sources said. The basket of
With inflation rising to 44-month high, Finance Minister P Chidambaram on Friday warned steel and cement manufacturers of administrative steps price cuts announced by them were not enough to cool prices.
To counter rampant excise duty evasion the investigation wing of the CBEC has asked its field officers to arrest evaders, even if they agree to pay their dues, if they find the evasion was deliberate and planned.
Even as the finance ministry has dismissed any prospect of a rollback of the CTT introduced in this year's Budget, it is not averse to delaying its notification.
Renton ,May 15 Indian Navy will soon have an edge in the Indian Ocean once it inks $2.2 billion deal for eight maritime patrol planes from Boeing.The agreement is expected to be signed soon.
SINGAPORE, 15 May 2008 - Singapore Chinese Chamber of Commerce & Industry (SCCCI) and IBM Singapore will launch the IBM Mobile Express at the 10th Annual SMEs Conference 2008 on 15 May, at the Singapore International Convention & Exhibition Centre.
An apparent slowdown in the real estate sector is forcing PE (private equity) funds to rein in their exposure to the sector, with nearly 30 per cent of the deals now stuck over valuations.PE funds and analysts have become far
Oil prices surged nearly $2 a barrel Thursday as the dollar fell against the euro and investors anticipated strong demand for diesel fuel in parts of China ravaged by Monday's earthquake.Light, sweet crude for June delivery rose $1.87 to $126.09
