SME Times News in Global Business

Chinese premier arrives in Pak for official visit

IANS — Wed, 22 May 2013 00:00:00 +0530

Chinese Premier Li Keqiang arrived in Islamabad on Wednesday for an official visit to Pakistan, aiming to deepen friendship between the two neighbouring countries.

China may act againt EU wine imports

IANS — Wed, 22 May 2013 00:00:00 +0530

China is likely to make a substantive move this year toward initiating an anti-dumping investigation into wine imported from the eurozone, according to Xinhua .

Four mn jobs created in two years: Brazilian president

IANS — Wed, 22 May 2013 00:00:00 +0530

Brazilian President Dilma Rousseff has said that 4.13 million full jobs have been created since the beginning of her administration in January 2011.

UAE, China discuss economic relations

IANS — Wed, 22 May 2013 00:00:00 +0530

The United Arab Emirates (UAE) and China have held talks over their bilateral economic relations.

Mexican firm to acquire US wireless operator

IANS — Wed, 22 May 2013 00:00:00 +0530

Mexican telecommunications giant America Movil says it has agreed to buy US mobile operator Start Wireless Group for an undisclosed amount.

Brazil's Embraer to sell 40 jets to US airline

IANS — Wed, 22 May 2013 00:00:00 +0530

Brazilian aircraft manufacturer Embraer said Tuesday it reached a deal to sell 40 E175 passenger jets to US airline SkyWest for nearly $1.7 billion.

51 killed as powerful tornado slams Oklahoma City

IANS — Tue, 21 May 2013 00:00:00 +0530

At least 51 people, including seven children at an elementary school, were killed as a massive tornado slammed Oklahoma City in south central US leaving widespread destruction in its wake.

Weaker yen fuels economic optimism in Japan

IANS — Tue, 21 May 2013 00:00:00 +0530

The Japanese government Monday revised upward its evaluation of the economy given the weakness of the yen, which is helping to push exports and encouraging companies to increase production.

Paraguay becomes S.America's used car paradise

IANS — Tue, 21 May 2013 00:00:00 +0530

Paraguay has become the main destination in South America for used cars from Japan, the US and other countries, thanks to new regulations aimed at making it easier to import automobiles so low-income consumers can purchase vehicles.

Mexico's tourism sector goes up

IANS — Tue, 21 May 2013 00:00:00 +0530

Economic activity associated with tourism grew 4 percent in 2012 compared with the year before, Mexico's INEGI statistics service said.