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Polish UBS bank net profit hits 1.98b francs in Q1 2015
WARSAW: The bank said its net profit hit 1.98 billion francs in first quarter of 2015, as compared with 1.05...
Polish bankruptcies down by 7% in April 2015
WARSAW: In April, 60 Polish companies went bankrupt, 5 less than in April last year, their turnover totaled PLN 400...
Polish exports increase by 11.1% YoY totaled €14.98b in March
WARSAW: Polish exports increased by 11.1 percent year-on-year and totaled €14.98 billion in March, according to the Export Credit Insurance...
Polish GDP grows by 3.3% in Q1-2015
WARSAW: The Ministry of the Economy releases a statement that shows the Poland’s GDP grew by 3.3 percent in the...
Spanish construction sector employment rises to 1.06m in Q1 of 2015
MADRID: The latest Active Population Survey published on 23rd April reports that the number of people employed in the construction...
Greece to reduce stake size from 67.7% to 51% in Piraeus port sale
ATHENS: Greece’s government is revising the stake size for port of Piraeus, now to offer bidders a 51% stake, instead...
German exports to Greece decline by 41% to €4.7b in 2014
ATHENS: The Shipments have dropped considerably, while imports from Greece have remained stable. It said the year's shipments to Greece...
Greece vows to pay €1b debt on 12th May 2015
ATHENS: Greece owes money to the Brussels Group the IMF, European commission and European Central Bank (ECB) following its two...
Danish aviation strategy may create 16,000 jobs in Denmark
COPENHAGEN: According to a report, the aviation sector annually contributes up to 100 billion kroner to the economy, accounts for...
S. Africa willing to enhance cooperation in Iran’s energy, investment areas
TEHRAN: A senior Iranian energy official said that South Africa has voiced its enthusiasm for the promotion of mutual cooperation...
UK construction output falls to 54.2, down from 57.8 in March
LONDON: Growth in the UK's construction output fell to its lowest level in nearly two years in April, according to...
HM Revenue & Customs to take banks to court over tax avoidance on bonuses
LONDON: HM Revenue & Customs (HMRC) is set to take two banks to the Supreme Court over using alleged tax...
Swisscom donates CHF 250,000 to earthquake victims in Nepal
KATHMANDU: Swisscom has launched a company-wide appeal for the earthquake victims in Nepal. Employees have donated more than CHF 100,000....
Determination and resolve needed to reach meaningful ports reform package
European shipowners have sent input to the European Parliament, ahead of a discussion in the TRAN Committee on the on...
Crude oil rail shipments sabotage freedom of information act
New regulations from the U.S. Department of Transportation declare that details about crude oil rail shipments are exempt from public...
Scientists are struggling to fit any more information into fibre optic cables
LONDON: A 50-fold increase in speeds over the last decade and the rise of high-definition streaming has seen the country's...
Public preview of Office 2016 is supported by Windows 7, 8, Windows 10 PCs, laptops, tablets
LONDON: The Redmond giant has promised real-time editing/co-authoring in Office 2016 in the future versions of the software, adding it...
Vietnamese govt to let foreign currency reserves fund development
HANOI: The Government, for the first time, has instructed relevant ministries to create a legal mechanism to allow for part...
Fairfax set to buy 35% stake in Vietnam’s BIDV Insurance
HANOI: Fairfax Financial Holdings says it is working on a deal to buy a 35 per cent equity stake in...
Qualcomm facing penalty from South Korean antitrust regulator
SEOUL: South Korea's Fair Trade Commission (FTC) has internally deemed Qualcomm's patent licensing practices for smartphone-making clients and chip competitors...
