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Chinese Companies to buy Portugal’s Novo Banco in over €4b
LISBON: The Financial Times said this week that the favourites to buy Portuguese bank Novo Banco are the Chinese companies...
TAP’s head of pilots union resigns in wake of 10day strike
LISBON: The resignation by Manuel Santos Cardoso comes after a controversial 10-day strike called by the union at state airline...
Industry, trade minister accentuates Jordan’s development
AMMAN: Despite difficult regional political conditions, Jordan has been able to achieve positive economic indicators, Industry and Trade Minister Maha...
Demand for gold expects to increase ahead of Ramadan in Jordan
AMMAN: The current “modest” demand for gold is expected to witness a “sharp increase” over the next two weeks before...
Jordan, Palestine plan logistics zone to facilitate trade at 2nd Silk Road Conference
AMMAN: Jordan and Palestine plan to establish a logistics zone to facilitate bilateral trade, Jordan's Minister of Industry and Trade...
Deutsche Bank shares at DAX 30 index up 7.91% to 29.80 euros after co-chiefs resign
AMSTERDAM: Shares of European financial giant Deutsche Bank soared nearly 8 percent on the Frankfurt stock exchange, the day after...
Vietnam cuts export price floor of 25% broken rice by 2.9% to $340 tonne
HANOI: Vietnam has cut the export price floor for the 25 percent broken rice by 2.9 percent to $340 a...
Jordan Minister of Industry sees positive economic indicators as GDP remains up by 3.1% in 2014
AMMAN: Minister of Industry, Trade and Supply, Maha Ali, said Jordan has managed to achieve positive economic indicators despite difficult...
Jordan, Saudi Arabia agrees to improve Customs procedures at border to ease flow of goods
AMMAN: President of Amman Chamber of Commerce (ACC) Issa Haider Murad on Sunday discussed with Vice Chairman Jeddah Chamber of...
Greece, Ukraine Dominate G-7 Summit
ATHENS: Leaders of the seven largest industrialized countries arrived for a summit in which their governments aimed to preserve a...
Asia-Europe sea freight rates fall in Q1 of 2015
DENMARK: The Shanghai Shipping Exchange (SSE) has released new figures that show the spot rates on the significant Asia-Europe trade,...
Greece’s Rem Offshore duo gets time charter extensions for 2016
ATHENS: ExxonMobil Exploration and Production Norge has extended its timecharters of two Rem Offshore platform supply vessels (PSVs). No rates...
NOL completes $1.2b sale of APL Logistics to Kintetsu World Express
ATHENS: After many months in the making, Kintetsu World Express has completed its acquisition of APL Logistics from Neptune Orient...
New investment projects in France rises by 18% to 608 in 2014
PARIS: The number of new investment projects in France rose by 18% to 608 in 2014, showing growth higher than...
Tesco Ireland to defend €8.5m lawsuit over potato deal
DUBLIN: Tesco has said it will defend a lawsuit taken by one of its former suppliers, a potato trader, seeking...
Taoiseach Enda Kenny announces 350 construction jobs at new power station in Mayo
DUBLIN: Another 30 full-time posts will be filled when the plant in Killala, on the site of the old Asahi...
Motorola to start rolling out Android 5.1 Lollipop update for Droid Turbo smartphone from June 10
NEW DELHI: Motorola will start rolling out Android 5.1 Lollipop update for the Droid Turbo smartphone beginning on June 10,...
CD Projekt Red solves bug issues for Witcher 3
TOKYO: A good news for the Witcher 3 fans is that CD Projekt Red has fixed up bug issues to...
Apple to introduce rebranded “Apple Music”
SAN FRANCISCO: Apple is planning to introduce music service on Monday that builds on the iPhone maker's strengths in a...
Turkcell launches 3G GSM network service in Ukraine
ANKARA: Turkcell, Turkey’s leading mobile phone operator, has launched Ukraine’s first 3G GSM network service through the Life:) brand. The...
