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SEOUL: J.K. Shin in a company meeting at Seocho Samsung Electronics building refuted the July launch rumours of Galaxy Note...

Genting HK to earn $389.3m after disposing of 20m Norwegian Cruise Line shares

HONG KONG: Mainboard-listed Genting Hong Kong announced on Thursday that it will dispose of some 20 million shares of Norwegian...

HK customs foil bid to smuggle 16.9kg cocaine in Wan Chai

HONG KONG: Hong Kong customs officials seized a whopping 16.9 kilos of suspected cocaine – with an estimated street value of...

HK customs foil bid to smuggle 16.9kg cocaine in Wan Chai

HONG KONG: Hong Kong customs officials seized a whopping 16.9 kilos of suspected cocaine – with an estimated street value of...

Liquid metal voltage-controlled antenna developed at North Carolina State University

LONDON: We rely quite a bit on antennas throughout our daily lives, as much business is conducted through devices with...

Swiss Coop plans new logistics centre near Lausanne at a cost of 88m francs

BERN: Coop, Switzerland’s second largest retailer, is planning to build a new logistics and administrative centre for western Switzerland in...

Lafarge CEO gets €2.5m bouns for succefull merger with Swiss Holcim

BERN: Lafarge chief executive Bruno Lafont has been awarded a €2.5 million bonus for the successful merger with Swiss rival...

Trade Balance deficit drops about 10% TO JD2.3b in Q1- 2015

AMMAN: The Kingdom's trade balance deficit decreased by about 10 percent in the first quarter of this year, reaching JD1.2...

Polish retail sales fall 1.5% YoY in April 2015

WARSAW: Polish April retail sales fell by 1.5% against the prior year period, on a 2.1% monthly decrease, the Central...

Furniture continues to be Poland’s export hit by PLN 33.8m

WARSAW: Polish furniture makers sold furniture worth PLN 35.8 billion in 2014, up by 14% year on year, with export...

Spain to make another €2.5 billion EU bank bailout payment

MADRID: Spain plans to pay back €2.5 billion ($2.8 billion) in bailout loans it received in 2012 from the European...

ECB gives Greece banks €200 m aid rise yet ahead of summit

ATHENS: The European Central Bank approved the smallest rise in emergency cash for Greece lenders since tensions re-emerged in February,...

Greece state coffers contain minimum €80m

ATHENS: Greece state coffers had less than €800 million at the end of March, according to State Treasury figures. Greece...

Greece capital controls, a deposit freeze chances higher: Moody’s

ATHENS: The risk of Greece freezing bank accounts and imposing restrictions on the movement of cash has "materially increased" in...

Arla teaming up with Egyptian dairy kings with a joint venture of 51%

HELSINKI: Arla is looking to gain a foothold in the Egyptian market (photo: Arla)Arla is looking to gain a foothold...

Denmark oversaw 600 forced repatriations last year

COPENHAGEN: In 2014, 600 asylum-seekers were repatriated with the assistance of the police after their applications were rejected and they...

Finland’s job vacancies over 43,900 in Q1 of 2015

HELSINKI: According to the Job Vacancy Survey of Statistics that Finland There were 43,900 open job vacancies in the first...

Eurozone trade surplus at €23.4b in March 2015

HELSINKI: The Eurozone international trade in goods was expected to witness a surplus of 23.4 billion euros (26.18 billion U.S....

Finland’s building permits up by 4% in Q1-2015

HELSINKI: Building permits granted and building starts, mil. m3, moving annual total. Source: Building and dwelling production, Statistics Finland. Building...

Elektrobit to sell its automotive business for €600m