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South African production capacity utilisation falls in May 2015
CAPE TOWN: THE utilisation of production capacity by large manufacturers fell slightly to 80.2% in May 2015 compared with 80.4%...
Hungary’s government deficit at reaches HUF894.1b at the end of July
BUDAPEST: Hungaryʼs cashflow-based general government deficit, excluding local councils, reached HUF 894.1 bln at the end of July, a first...
Hungarian lower costs raise Rabaʼs profit HUF317m in Q2
BUDAPEST: Hungarian automotive industry company Rabaʼs second-quarter after-tax profit reached HUF 317 mln, a 21.7% rise compared to the same...
Hungarain bank MNB international reserves fall only €146m in July
BUDAPEST: The National Bank of Hungaryʼs (MNB) international reserves stood at €34.615 bln at the end of July, just €146...
Hungarian Forint slightly up on interbank market
BUDAPEST: The forint was trading at 310.80 to the euro late Friday on the interbank forex market, up from final...
Hungary’s BKV, Metrowagonmash signs €219m contract
BUDAPEST: After a state body cleared complaints about the procurement process, Budapest public transport company BKV and Russiaʼs Metrowagonmash signed...
Swiss exports goods worth CHF7.2b china, Hong Kong in H1- 2015
BERN: The Swiss Center Shanghai is a non-profit organisation that facilitates the market entry of Swiss companies in the Far...
Airport luggage handler Swissport sells worth CHF2.73b to HNA group
BERN: The Zurich-based airport luggage handler Swissport has been sold to the HNA Group, owner of China’s fourth-largest airline, for...
Food companies agree to cut back on sugar
BERN: Sugary processed foods of which breakfast products compose a healthy fraction are under scrutiny amid worries over obesity, cardiovascular...
Swiss banks settle tax evasion probe with US
BERN: The US tax evasion investigation fundamentally changed Swiss banking, the symbolic centre of which is at Paradeplatz in Zurich,...
Finland’s House rents go up by 3.2% in Q2
HELSINKI: The development of rents and consumer prices, 2010=100. Source: Rents of dwellings, Statistics Finland. The year-on-year increase in rents...
Finnihs Nokia tyres to cut 150 Jobs
HELSINKI: Nokia Tyres will launch statutory negotiations in its operations in the town of Nokia for possible redundancies estimated at...
CK Hutchison Holdings Ltd. and VimpelCom Ltd. to Merge Italy Assets in $24b deal
ROME: CK Hutchison Holdings Ltd. and VimpelCom Ltd. agreed to combine their Italian telecommunications units in a deal valued at...
Mazda gives us first look at new crossover called Koeru
TOKYO: Mazda has given us our first look at a new crossover concept it plans to unveil at next month’s...
Indian government imposes penalty of Rs 10.80 crore on telecom operators for exceeding radiation from mobile towers
NEW DELHI: The government has imposed penalty of Rs 10.80 crore on telecom operators till May 31, 2015 for exceeding...
Aston Martin DB9 GT to headline many new Aston’s set to be unveiled at this year’s Pebble Beach
OTTAWA: The new Aston Martin DB9 GT will headline a number of new Aston’s set to be unveiled at this...
Jaguar F-Type is one, if not best-looking car on our roads today
LONDON: THERE'S no denying the fact - the Jaguar F-Type is one, if not the best-looking car on our roads...
Blu-ray Disc Association is getting ready to start licensing Ultra High Definition discs
LONDON: The Blu-ray Disc Association (BDA) is getting ready to start licensing Ultra High Definition discs, meaning that for early...
Import ABS prices extend decreases into August in Turkey
ANKARA: In Turkey, import ABS prices sustained their bearish trend, which has been in place since mid-May, as more prices...
DJI introduces new camera drone, Phantom 3 Standard
TOKYO: DJI has just announced a new camera drone, the Phantom 3 Standard, an oddly-named quadcopter that features a built-in...
