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Business 13 Apr 2003 | 12:00 AM Premium

Importers feel impact of Iraq war

After the fallout from Sept 11 and labour strife last year shut down West Coast ports, textile importer Firoze Fakhri thought he had seen the worst. Then came the invasion of Iraq.

Business 29 Feb 2004 | 12:00 AM Premium

US socks wholesalers cry foul

Socks wholesalers throughout the United States are in a fix since the US Bureau of Customs and Border Protection began detaining all imported socks on Feb 2, the first time the department has impounded an entire category of apparel.

Business 10 Dec 2010 | 12:00 AM Premium

US FAA loses track of 119,000 aircraft

NEW YORK: The Federal Aviation Administration is missing key information on who owns one-third of the 357,000 private and commercial aircraft in the U.S. - a gap the agency fears could be exploited by terrorists and drug traffickers.

Business 13 Jul 2013 | 6:57 AM Premium

Microsoft Pushes U.S. Customs To Enforce Phone Import Ban

WASHINGTON: Microsoft Corp, which won a ban last year on importing some phones made by a Google Inc subsidiary, filed a motion in a U.S. court on Friday asking the U.S. Bureau of Customs and Border Protection to enforce the measure.

Business 03 Sep 2013 | 12:00 AM Premium

Bumpy ride ahead for seafood producers who face higher EU export duties

GEORGE TOWN: Malaysian raw and value-added seafood producers will run into hundreds of millions of ringgit in losses following the withdrawal of the generalised system of preferences (GSP) duties for Malaysia on Jan 1, 2014.

Business 09 Oct 2013 | 8:25 AM Premium

US ban on some Samsung products to go into effect

WASHINGTON: Some older Samsung Electronics Co smartphones and tablets could be taken off store shelves in the United States after the U.S. Trade Representative opted not to reverse a ban ordered because the devices infringe Apple Inc patents.

Business 13 Dec 2013 | 11:11 AM Premium

Highlights of a modest US budget accord

WASHINGTON: The modest U.S. budget deal approved in the U.S. House of Representatives Thursday gives both Democrats and Republicans something to brag about.

Business 17 Feb 2014 | 8:08 AM Premium

Business leaders fear prolonged Aussie-Indonesian chilly relations could hit economic ties

JAKARTA: Indonesia expects ties with Australia to remain on ice for at least six months and business leaders fear a prolonged chill could hit economic ties, especially if government meetings that might open the way for business agreements are derailed.

Economy 20 Mar 2017 | 12:00 AM Premium

Trump sets terms for nice-looking wall

WASHINGTON: President Donald Trump’s Mexican border wall must be at least 5.5m tall, resistant to sledgehammers and “aesthetically pleasing,” at least on the north-facing side, according to a request for contractors to bid to produce prototypes.

Markets 13 May 2018 | 2:05 AM Premium

Quotas make a comeback as countries seek US tariff exemptions

Administration seeks to replicate a South Korea quota deal with other countries; industry groups fear being unable to obtain specialty goods