Business

Veteran South Indian politician Muthuvel Karunanidhi dies

Aug 7, 2018

Muthuvel Karunanidhi, a popular scriptwriter-turned-politician in the southern Indian state of Tamil Nadu, has died after a prolonged illness at age 94

Turkey: Officials say envoys to go to US for talks on pastor

Aug 7, 2018

Turkish officials say a delegation headed by a senior official will travel to the United States for talks aimed at ending a rift between the NATO allies over the detention of an American pastor

DP World buys Denmark-based Unifeeder for $764 million

Aug 7, 2018

Dubai-based port operator DP World says it bought Denmark-based Unifeeder Group for some $764 million

Iran president strikes hard line as some US sanctions resume

Aug 6, 2018

Iranian President Hassan Rouhani has struck a hard line in a televised interview as the U.S. re-imposes some sanctions that had been lifted under the 2015 nuclear deal

Egypt's foreign debt up more than 10 percent from last year

Aug 6, 2018

Egypt's central bank says its foreign debt climbed more than 10 percent in less than a year, reaching $88.2 billion in March

Iran detains Central Bank deputy chief in fraud crackdown

Aug 5, 2018

Iran's state-run IRNA news agency reports authorities have detained the Central Bank of Iran's deputy chief as part of a crackdown on financial fraud

Iran receives more airplanes ahead of renewed US sanctions

Aug 5, 2018

Iran has acquired five new airplanes a day before the U.S. begins restoring sanctions suspended under the 2015 nuclear deal

Saudi Arabia resumes oil shipments through Red Sea strait

Aug 4, 2018

Saudi Arabia says it will resume oil shipments through the Bab al-Mandeb strait after they were temporarily halted following attacks by Yemen's Shiite rebels

Mass protests over traffic deaths paralyze Dhaka for 5 days

Aug 4, 2018

Five days of protests by tens of thousands of students angry over the traffic deaths of two of their colleagues have largely cut off the capital Dhaka from the rest of Bangladesh, as the demonstrators pressed their demand for safer roads

Multiple protests in Iran over currency drop, economic woes

Aug 2, 2018

Protests in several Iranian cities over dramatic drop of country's currency ahead of imposition of renewed US sanctions

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