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Eskom asks Nersa for 25% increase in electricity prices
CAPE TOWN: ESKOM has asked the National Energy Regulator of SA (Nersa) to increase the price of electricity by 25.3%...
Small businesses becomes a top SA career choice in 2015
CAPE TOWN: South African has grown in line with the country’s GDP, which almost tripled from $143.8bn in 1996 to...
South African Amcu fires R12,500 wage salvo
CAPE TOWN: STRIKE season is approaching and the Association of Mineworkers and Construction Union (Amcu) set the asking bar high...
Portugal’s UGT union calls for minimum wage of “about” €522
LISBON: The secretary-general of the UGT, Portugal’s second largest trade union federation, has said that it intends in September to...
Portugal’s EU economic transformation details since 1985
LISBON: The weight of Portuguese exports as a percentage of GDP rose from 21.3 percent prior to joining what became...
Portugal’s hotel sector slashes over 53,000 jobs in 2 quarters
LISBON: The last six months has seen Portugal’s hotel and restaurant sectors shed almost 53,000 jobs representing an accumulated fall...
Jordan, Hungary exports reaches JD2m, increases trade cooperation
AMMAN: Jordan Europe Business Association (JEBA) President Issa Murad and Hungarian ambassador to Jordan Csaba Czibere met Tuesday to discuss...
Jordan expects issue of $1.5b international bonds in June 2015
AMMAN: The Jordan Times Tuesday stated that Jordan is expected to issue a $1.5 billion international bond with a US...
PSH per share close at USD27.95 of May 12- 2015
AMMAN: Pershing Square Holdings, Ltd today released its regular weekly Net Asset Value (NAV) on its website, www.pershingsquareholdings.com. The NAV...
Chinese solar sector hit by new trade complaint in Europe
BEIJING: A recent complaint filed with the European Commission (EC), alleging that Chinese solar companies are dodging higher trade tariffs...
European Bank provides loan to Turkish edible oil producer
BRUSSELS: The European Bank for Reconstruction and Development (EBRD) said on May 14 that it is providing a €25 million...
IDT objects recalling of port workers’ IDs without explanation
The Industrial Disputes Tribunal (IDT) says that the termination of an employee of Kingston Wharves Limited (KWL) following the revocation...
S.Korea’s April Iran crude imports drop 6.5 pct yr/yr
SEOUL: South Korea's imports of Iranian crude fell 6.5 percent in April from a year ago, with its oil shipments...
S Korea leaves interest rate at record low
SEOUL: South Korea's central bank left its key interest rate unchanged at a record low of 1.75 per cent on...
S.Korea’s business delegation heads for Kaesong amid wage row with DPRK
SEOUL: A group of South Korean businessmen representing businesses running factories in the Kaesong industrial complex headed for the border...
Wistron forecasts shipments for this quarter to be flat
Contract notebook computer maker Wistron Corp yesterday said it expects total shipments of its products across the board to be...
Australia could reach 100% renewables by 2040
CANBERRA: Australia could reach 100 per cent renewables as early as 2040 by adding 1.9GW of solar PV and 1.9GW...
Singtel’s profit rises 3.5%, Australia drives mobile growth
CANBERRA: Asian operator Singtel posted steady gains in profit and revenue for its fiscal year ending 31 March, with strong...
NZ wool auction volumes set to climb 83pc next week
WELLINGTON: New Zealand wool auction volumes are set to increase 83 per cent next week as farmers who had been...
Cheaper oil fuels NZ sharemarket rise
WELLINGTON: THE New Zealand sharemarket has advanced, as cheaper oil prices benefited some leading stocks.THE NZX 50 Index rose 21.972...
