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Poland affirms at A2, outlook stable: Moody’s
WARSAW: Poland had its credit rating affirmed at A2/P-1 with stable outlook, Moody's said in a statement on Monday. The...
Poland’s retail pharma market grows 6.3% in 2015
WARSAW: Poland's retail pharma market is expected to expand by 6.3% to PLN 30.3 billion in 2015, according to a...
Greece 7.2m bail-out deal ‘very close’: Finance Minister
ATHENS: Greece's finance minister has said he expects an agreement with bail-out creditors within the next week, which would save...
Over 59 Businesses close, 613 Jobs are lost each day in Greece
ATHENS: The Greece economy is stagnating and the situation is getting worse each day due to the uncertainty over the...
Maersk Line reliability score at 80.4%, drops to 2nd place
COPENHAGEN: Despite a drop in reliability for the first quarter, Maersk Line remains in the top quartile position delivering a...
Finland’s Building costs increase by 1% in April 2015
HELSINKI: Building cost index 2010=100. Statistics Finland. Building costs increased by 0.9 per cent higher year-on-year in April 2015, according...
Finland’s turnover in manufacturing falls 3% in Dec-Feb
HELSINKI: Turnover in manufacturing in the December to February period was good three per cent lower than in the corresponding...
Finnish current account shows €0.6 billion deficit in March 2015
HELSINKI: The current account showed a deficit of euro 0.6 billion in March 2015 despite the trade account being in...
Polsih Feerum with portfolio worth PLN 72m
WARSAW: Grain elevators producer Feerum has a portfolio of orders worth PLN 72 million for 2015, compared with PLN 51.5...
Poland’s consumer prices fall 1.1% YoY in April
WARSAW: Poland's April consumer prices were down 1.1% year on year after a 1.5% y/y decline in March and versus...
EBRD raises Polish 2015 growth forecast to 3.4pct y/y
WARSAW: The EBRD hiked its forecast for Polish economic growth in 2015 to 3.4% from a 3.0% forecast issued in...
MagNet bank total assets reach almost HUF 105b
BUDAPEST: Hungaryʼs MagNet Bank closed last year with total assets of HUF 104.8 bln, while total assets rose from HUF 83.9...
South African Platinum sector faces radical restructuring in 2015
JOHANNESBURG: A perfect storm of rising costs, labour unrest and weak metal prices has pushed South Africa’s platinum mining companies...
MESC to get $57m syndicate loan with Jordan
AMMAN: Several banks are extending a lifeline to the Middle East Specialized Cables Company/MESC-Jordan with a multimillion dinar syndicated loan....
Jordan signs 2 trade MoUs with Bulgaria
SOFIA: Amman Chambers of Commerce and Industry and Jordan Europe Business Association (JEBA), represented by its President, Issa Hayder Murad,...
BCC reveals 46% increase in export orders
LONDON: Findings from the Trade Confidence Index, compiled by DHL Express and the British Chambers of Commerce (BCC), reveal that...
Port operator Pelindo I obtains Rp 5t in loans from 3 state lenders
JAKARTA: State port operator Pelindo I has obtained Rp 5.05 trillion (US$384.87 million) worth of loans from three state lenders...
Maersk signs 11 mega ships agreements with Daewoo shipbuilding
SEOUL: Maersk Line is said to have reached an agreement with Daewoo Shipbuilding & Marine Engineering (DSME) for an order...
SL’s BoC profit up 8.7% to Rs.2.8b in Q1
COLOMBO: State-owned banking giant Bank of Ceylon (BoC) saw its net profit for the March quarter (1Q15) growing 8.7 percent...
Teens prefer to use YouTube as their most favourite social media, while Instagram comes second
LONDON: The latest GlobalWebIndex (GWI) Social report shows that Instagram, Tumblr and Snapchat are the most popularly used social media...
