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International

Drone risks require more regulation: Iata chief
Tyler’s concern comes amid growing reports of dangerous drone flights at airports, stadiums and military bases in the United States and elsewhere.
Saudi Arabia builds culture of start-ups
State oil company providing venture capital, loans
Trillion-dollar WTO IT trade agreement on knife’s edge
A trillion-dollar deal at the World Trade Organisation to reduce tariffs in the vast information technology sector will stand or fall in the next 24 hours, trade diplomats said.
Falling oil to save India $12 billion
The savings would come in the form of reduced fuel subsidy costs and higher petrol and diesel levies, the sources said.
Modi-mania clicks
Government initiatives and reforms will put the Indian real estate industry back on track next year, writes Muzaffar Rizvi
Falling China inflation calls for faster easing
Country’s CPI hits five-year low in November
Opec cuts oil demand for 2015
Global demand for Opec crude in 2015 will be less than expected and far below its current output, the group said on Wednesday, pointing to a hefty supply surplus without Opec output cuts or a slowdown in the US shale boom.
Global economy to grow over 3%
The global economy will grow by more than three per cent in 2015 and 2016, the United Nations predicted Wednesday, but that growth will be uneven in some regions.
Iraq economy to shrink 0.5% in 2014: IMF
Iraq’s oil-dominated economy is expected to shrink 0.5 per cent this year, the International Monetary Fund said, a significantly smaller contraction than the 2.7 per cent fall it forecast two months ago.
Turkey’s MNG Jet receives Bombardier plane
Bombardier business aircraft announced on Monday that it has delivered a Challenger 605 aircraft in Turkey that will be operated by MNG Jet, an aircraft management and charter company with a strong fleet of 10 business jets and a maintenance organisation located in Istanbul.
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