Uncategorized
Venezuela seizes Nestle, Polar warehouse to build social housing
CARACAS: Venezuelan soldiers seized a food distribution center rented by companies including Nestle SA, PepsiCo. Inc and Empresas Polar SA...
International Shipholding Corporation reports Q2- 2015 results
COPENHAGEN: International Shipholding Corporation declared Q2 dividend of $0.05 per share of Common Stock payable on September 4, 2015 to...
Jordan to purchase 100,000 tonnes of wheat to boost strategic reserves
AMMAN: The government floated a tender this week to purchase 100,000 tonnes of wheat to boost its strategic reserves amid...
Finnish Caverion wins EUR 10.6 million contract in Germany
HELSINKI: With around 1 300 beds, University Hospital Frankfurt is the second-largest hospital in the German state of Hesse. With...
Afrcian country to introduce professional training for shipping sector: Director Shipping
CAPE TOWN: Government is to set up modalities to compel shipping companies to introduce a training regime which ensures that...
Finnair expands logistics network in deal with IAG Cargo
HELSINKI: Finnair Cargo, a subsidiary of Finland's flagship carrier Finnair, has signed a major deal with IAG Cargo to improve...
Nissan’s Q2 group net profit rises 36.3%
HELSINKI: The Yokohama-based automaker said its group net profit in the recording period came in at 152.8 billion yen (1.2...
EU, individual member states responsible for tax policies: Jyri Häkämies
HELSINKI: Taxation rules should be applied equally in the EU so that no individual country could create harmful tax benefits...
Swiss Re shares slips 2.9% this week
BERN: Swiss Re, Europe’s second-biggest reinsurer, fell the most since April in Zurich trading after earnings missed analysts’ estimates on...
Spain urges to raise energy taxes: IEA Report
MADRID: The International Energy Agency (IEA) said in a new report that Spain needs to reform energy taxation and introduce...
World’s top 3 shipbuilders post record loss of $4.1b in Q2-2015
COPENHAGEN: The world’s three biggest shipbuilders posted a combined $4.1 billion in operating losses in the second quarter, paying the...
Greece ASE unlikely to reopen rest of this week
ATHENS: Greece’s stock market will probably stay closed for the rest of this week due to technical glitches at local...
Oil & gas industry contractor Saipem to cut 8,800 jobs by 2017
COPENHAGEN: The Oil and gas industry contractor Saipem plans to cut 8,800 workers by 2017; the decision part of a...
Spending on infrastructure by public sector institutions up 13.5% for 2013-14
CAPE TOWN: Spending on infrastructure by public sector institutions rose 13.5% in nominal terms from R224.8bn in the 2012-13 financial...
Dutch Shell slashes 6,500 staff
BERN: The protracted downturn in oil prices is seeing another energy major make swingeing cuts to its global workforce. Royal...
South Asfrican unemployment rate drops from 26.4% to 25% in Q2- 2015
CAPE TOWN: Hungarian Unemployment surprisingly fell to 25% in the second quarter of this year from 26.4% in the first...
UK 50 business leaders want government to act swiftly on Heathrow expansion
LONDON: More than 50 business leaders have urged Prime Minister David Cameron to approve the Airports Commission's recommendation to expand...
UK 50 business leaders want government to act swiftly on Heathrow expansion
LONDON: More than 50 business leaders have urged Prime Minister David Cameron to approve the Airports Commission's recommendation to expand...
UK denies Ai Weiwei full business visa
LONDON: The dissident Chinese artist Ai Weiwei has accused British authorities of turning their backs on human rights defenders after...
Royal Dutch shell to cut 6,500 jobs
AMSTERDAM: Oil giant Royal Dutch Shell has announced it is to shed 6,500 jobs as part of cost-cutting plans as...
