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Swiss Adecco profit jumps to €160m in Q1 of 2015
BERN: Swiss-based Adecco, the world's biggest temporary staffing group, said on Thursday that both its chief executive and finance chief...
Polish Demand for mortgage loans up 0.4% YoY in April
WARSAW: Demand for mortgage loans in the Polish banking sector slumped visibly in April year on year, while demand for...
Syngenta turns down $45B Monsanto takeover offer
BERN: Swiss farm chemicals powerhouse Syngenta said on Friday it had rejected a $45-billion takeover bid by US seed giant...
MNB underlies inflation indicators rise 1.2% in April 2015
BUDAPEST: All three of the National Bank of Hungary’s (MNB) "underlying measures of inflation" rose in April, data published by...
Forint recovers on interbank market at 302.85 to the euro: Forex Market
BUDAPEST: The forint was trading at 302.85 to the euro late Friday on the interbank forex market, up from 303.35...
Hungary’s industrial output rises 11.6% YoY in March 2015
BUDAPEST: The Central Statistical Office (KSH) said that the Hungary’s industrial output grew by an annual 11.6% in March 2015....
Eskom asks Nersa for 25% increase in electricity prices
CAPE TOWN: South African’s ESKOM has asked the National Energy Regulator (Nersa ) to increase the price of electricity by...
South African gold reserves rise to $71m to 4.850bn
CAPE TOWN: The Reserve Bank reported on Friday said that South Africa’s gold and foreign exchange reserves rose in April....
Portuguese Fred Olsen Cruise Lines to base 1,350 guest in Newcastle in 2016
LISBON: Fred Olsen Cruise Lines (FOCL) will base its 1,350-guest Balmoral ship in Newcastle for the first time in 2016....
Portugal’s EC reduces 3.1% budget deficit of GDP in 2015
LISBON: The European Commission (EC) on Tuesday improved its forecast for Portugal’s budget deficit in 2015, now saying it is...
Portugal’s FM to give 5% bonus to tax workers this year
LISBON: The Finance Ministry this week issued a decree stating that tax workers would receive a five percent commission for...
PSH releases regular Net asset value USD28.27 as of 1st week of May 2015
AMMAN: Pershing Square Holdings, Ltd. released its regular weekly Net Asset Value (NAV) on its. The NAV was computed as...
Jordan comes 77th in int’l tourism competitiveness index 2015
AMMAN: The Ranking issued by the World Economic Forum (WEF) this week showed that the Jordan ranked 77th among world...
Taiwan exports fall 11.7% to $23.49bn in April
TAIPEI: Exports fell by a deeper 11.7 percent to US$23.49 billion last month, following an 8.9 percent decline in March,...
Sri Lanka trade balance enlarges 10% to $638m in Feb
COLOMBO: Sri Lanka’s February trade balance widened 10.4 percent year-on-year (you) to US $ 638 million, while the overall Balance...
Microsoft office 365 import service eases new email archive migrations
AMSTERDAM: New email archive migration options allow organizations to speed up their move to cloud-delivered email services. Microsoft has announced...
Germany seeks to boost maritime, port cooperation with Iran
BERLIN: Germany seeks to develop its cooperation with Iran in the fields of maritime trade and ports as a prelude...
Germany seeks to explore possibilities of its cooperation in $46b projects in Pakistan
BERLIN: Believing that the military-led National Action Plan (NAP) is improving security situation in Pakistan''s strategically important urban centers like...
Qatar foreign trade surplus drops 53.7%
DOHA: Qatar's foreign merchandise trade surplus (the difference between total exports and imports) has declined 53.7 percent in March 2015...
Indonesian police foil attempt to smuggle timber worth $38,500
JAKARTA: Officers from the Mobile Detective Unit (Buser) from the Donggala Regency Police in Central Sulawesi have foiled an attempt...
