Uncategorized
Saudi Gulf airline to start flight in Nov 2015 after regulatory approval
RIYADH: Saudi Gulf Airlines aims to begin flying in November after receiving regulatory approvals, the new Dammam-based carrier said on...
Finnish Customs confiscates over 10,400 litres of alcohol
HELSINKI: The Finnish Customs pay more attention nowadays to vans crossing borders from the neighbouring countries. The inspection of alcohol...
Finnish Prices of dwellings go up 0.2% slightly in April 2015
HELSINKI: Prices of dwellings in old blocks of flats and terraced houses went up by 0.2 per cent in the...
Finnish unemployment rate increases to 10.3% to 280,000
HELSINKI: The number of unemployed persons in April 2015 was 280,000, which was 39,000 higher than the corresponding period one...
Hungarian Kesko to open 30 new supermarkets, 100 new corner shops
BUDAPEST: SKesko is poised to open 30 new K-supermarkets and 100 new corner shops as well as renew its chain...
ÁKK sells HUF 65.5 b of bonds auction, well over HUF 47b plan
BUDAPEST: The Government Debt Management Agency (ÁKK) sold a combined HUF 65.5 billion of bonds at auction today, well over...
Hungary’s investment volume falls 4.5% in Q1 of 2015
BUDAPEST: Investment volume in Hungary saw a year-on-year decrease of 4.5% in the first quarter this year following a y.o.y....
South Africa Edcon retail sales up by 2% to R27.5b, plans capital restructuring
JOHANNESBURG: South Africa’s largest non-food retailer Edcon, owner of the Edgars and Boardmans brands, said on Thursday it was in...
South African GDP slows to 1.3% in Q1 of 2015
CAPE TOWN: Economic growth slowed in the first quarter of 2015, weighed down by sectors such as agriculture and manufacturing....
South Africa’s competitiveness declines at 53rd in 2015
CAPE TOWN: South Africa fell one place to 53rd out of 61 countries in global business school IMD’s 2015 world...
Qatargas sells 1ST LNG cargo to Jordan
AMMAN: Qatargas has sold the first cargo of liquefied natural gas (LNG) to Jordan as part of broad-basing its markets...
Jordan, Japan signs $196m soft loan
AMMAN: The Ministry of Planning and International Cooperation on Wednesday signed with the Japanese Embassy in Amman a Memorandum of...
Jordanian QAIA sees increase in cargo traffic by 4.9% to 31,290 tons YTD
AMMAN: The Queen Alia International Airport’s (QAIA) has seen an increase in cargo traffic by 4.9 percent year-to-date (YTD), totaling...
Jordan, Germany discuss energy cooperation: FM
AMMAN: Minister of Energy and Mineral Resources Ibrahim Saif, on Wednesday, discussed investment opportunities in the energy and renewable energy...
Maersk sets target for 2020 of 60% emission intensity reduction
COPENHAGEN: The world’s largest container ship operator, Maersk Line, has announced a target to significantly reduce emissions produced per container...
Ericsson to terminate 55 employees in Finland
HELSINKI: Ericsson's codetermination negotiations have concluded, resulting in the layoffs of 55 employees in Finland. The number dropped significantly from...
Chakrapath Fuel Centre booked for adulteration
KATHMANDU: The Department of Commerce and Supply Management (DoCSM) on Sunday began legal proceedings against Chakrapath Fuel Centre, Balaju on...
Chevron sells stake in New Zealand refinery
WELLINGTON: Chevron Corp the second-biggest U.S. oil producer by market value after Exxon Mobil Corp—has further reshaped its Asia-Pacific footprint...
Confidence among Belgian business leaders rises more-than-expected in last quarter
BRUSSELS: Confidence among Belgian business leaders rose more-than-expected in the last quarter, official data showed. In a report, National Bank...
EU outlines plans to make multinationals pay their share of tax
BRUSSELS: The European Commission outlined plans to limit how much multinational companies can reduce taxes on their European earnings through...
