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South African Court declares R2.5b eNatis contract invalid
CAPETOWN: The High Court in Pretoria has declared that the extension of the eNatis system contract from 2010 to 2015...
Geneva’s tax rules changes may collect extra CHF28m of tax revenue
BERN: According to the newspaper Tribune de Genève, proposed changes to Geneva’s tax rules, designed to pull in an extra...
Swiss National Bank decided to maintain interest rate at -0.75%
BERN: Greece Private Sector StrikeThe Swiss National Bank decided to maintain the interest rate on sight deposit account balances at...
Swiss consumption index increased from 1.67 to 1.73 in May
BERN: The UBS Swiss consumption index was up in May 2015. The index increased from 1.67 to 1.73 driven in...
Renault number 15m rolls off Spanish production line
MADRID: The 15 millionth vehicle rolled off the production line at the Renault factory in Villamuriel de Cerrato in the...
Scandinavian Airlines posts a profit of 226m Kroner in Q2
COPENHAGEN: Scandinavian Airlines (SAS) has revealed a stunning turnaround for the second quarter, posting a profit of 226 million kroner....
Finland’s ready to invest an additional €112m in Talvivaara
HELSINKI: The Government has proposed that an additional €112 million be earmarked for Terrafame to enable the wholly state-owned special-purpose...
France’s economy grew by 0.6% in Q1 of 2015
PARIS: France's economy grew by 0.6 per cent in the first quarter of this year, the national statistics agency Insee...
Francois Hollande demands US stop spying after Greece talks tapped
PARIS: The U.S. must stick to its commitments not to spy on allied governments, President Francois Hollande’s office said, after...
Greece government confident despite backlash over debt deal
ATHENS: Greece’s leftwing government expressed confidence that parliament would approve a debt deal with lenders, despite an angry reaction from...
Greece banks emergency liquidity assistance rises by 4.3% in May
ATHENS: The use of so-called emergency liquidity assistance (ELA) by Greece banks rose by 4.3 percent in May from the...
Greek problems mask the rising risks of core in Italy and France
PARIS: According to John Maynard Keynes “the expected never happens; it is the unexpected always”. Obsessed with the problems of...
Norway domestic intelligence agency finds no spy equipment in central Oslo
OSLO: Norway's domestic intelligence agency says there are no illegal listening devices in central Oslo, near government buildings, Parliament or...
European stocks German business confidence drops
BRUSSELS: European stocks were mixed on Wednesday amid a drop in German business confidence and another flurry of Greek crisis...
German business morale weakens for 2nd straight month running in June
BERLIN: German business morale weakened for a second straight month in June, a leading survey showed, suggesting concerns about the...
Production at Groningen gas field to slashed to 13.5b cubic meters in second half of 2015
AMSTERDAM: The Dutch government said it will cut production further at a giant gas field blamed for causing earthquakes, crimping...
Finance ministry says UK government cuts Lloyds stake to below 17%
LONDON: Britain has cut its stake in Lloyds Banking Group to below 17%, the country’s finance ministry said in a...
Irish exporters association seek stronger UK trade ties
DUBLIN: The head of the Irish Exporters Association (IEA) has called on the Government to strengthen bilateral trade links with...
Number of trips to Ireland increased by 13.4% between March and May 2015
DUBLIN: The total number of trips to Ireland increased by 13.4% between March and May 2015, official statistics revealed today....
Ukraine Seeks energy independence from Russia on Gazprom Contract
KIEV: Kiev has appealed to the European Union over an agreement between Slovak pipeline operator Eustream and Russia's Gazprom that...
