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Swiss monthly rents set to drop from 2.00% to 1.75%
BERN: Every three months the rate of interest used to set Swiss rents is reviewed. If it goes down some...
New funds amounting to €44b established in Europe
BUDAPEST: Hungarian Private Equity and Venture Capital Association (HVCA) said in a press release today, a total of €44 billion...
South African Liget Hotel completes HUF 380m expansion
BUDAPEST: Liget Wellness and Conference Hotel in Szarvas, southeastern Hungary, inaugurated a HUF 380 million recreation wing yesterday, supported by...
General Electric chases $10b target from Africa
CAPE TOWN: General Electric (GE) is seeking to more than double revenue from Africa to as much as $10bn over...
Turkey’s consumer confidence index fall in May to 64.29 points
ANKARA: Turkey’s consumer confidence index fell in May to 64.29 points, its lowest in more than six years, from 65.35...
South African’s Sacci business confidence index plummets 86.9 in April
CAPE TOWN: Business confidence slumped to a 16-year low in May as exports and vehicle and retail sales fell, while...
Business faith remains 50.1 in May decline by 1% from April 2015
CAPE TOWN: Business confidence remained subdued last month, two separate indices showed on Wednesday, pointing to the damaging effects of...
Pinoy seafarers sailing to Yemen ports to get premium pay
MANILA: The deteriorating political and security situation in Yemen has prompted the Philippine Overseas Employment Administration governing board to declare...
Server shipments record strongest growth in more than four years
Server shipments recorded their strongest growth in more than four years in the first quarter of 2015, driven by cloud...
South Africa’s inward, outward investment falls 8%, 136% respectively
CAPE TOWN: South African has retained its position as both the largest recipient of foreign direct investment (FDI) into Africa...
NUM’s investment assets over R4b in first 4months of 2015
CAPE TOWN: The National Union of Mineworker’s (NUM’s) investment company has grown its net assets to more than R4bn first...
Portugal’s unemployment down1.6% in April 2015
LISBON: According to the monthly estimate released on Tuesday by the Portuguese National Statistics Institute (INE).The unemployment rate in Portugal...
Economist expects African economy to strengthen 4% in 2015
JOHANNESBURG: Africa's overall economy should advance in 2015, expanding by 4.5 per cent, showing resilience despite weak commodity prices and...
Jordan Islamic Bank profit surge 9% to $16m Q1 0f 2015
AMMAN: Jordan Islamic Bank (JIB), a subsidiary of Bahrain-based Al Baraka Banking Group, has reported nine per cent growth in...
Jordan send back a Romanian Vessel after 40% heads of sheep found dead
AMMAN: The Ministry of Agriculture on Wednesday sent back a vessel carrying 13,000 heads of sheep from Romania, after 40 per...
Greece’s PM Tsipras sees EU- Greece deal on 06th June
ATHENS: Greece Prime Minister Alexis Tsipras emerged from late-night talks with senior EU officials in Brussels saying a deal with...
Australia’s iron ore exports to China from Port Hedland rise 5.2% in May
CANBERRA: Australia's iron ore exports to China from Port Hedland rose 5.2 percent in May from a month earlier, while...
Android suffers in UK, France, Germany, Italy and Spain markets
LONDON: Google’s OS dropped to a 70.5 per cent market share in the “big five” European markets namely the UK,...
Australia and New Zealand Banking Group hampering corporate regulator’s investigation
WELLINGTON: Australia and New Zealand Banking Group has been named as one of the big banks frustrating the corporate regulator’s...
Now Curves screen for phones, televisions and monitors attract fans
LONDON: In the World of innovation Curves screens for phones, televisions and monitors have become the centre of attraction for...
