• Custom Search

BUSINESS

By Tajuddin
In BUSINESS
Oct 13th, 2016
0 Comments
1375 Views
Nairobi, Kenya ( Reuters + DIPLOMAT.SO) – Restructuring loss-making carrier Kenya Airways will take a month, the government said on Wednesday, appealing to pilots to withdraw a strike notice and join discussions. Tourism Minister Najib Balala, who sits in a cabinet sub-committee tasked with rev...
By Tajuddin
In BUSINESS
Oct 11th, 2016
0 Comments
1409 Views
Warsaw, Poland (AP + DIPLOMAT.SO) – A dispute between Poland and a France-based helicopter producer over a scrapped multibillion-euro deal broke into the open Tuesday, with the company saying it had been misled for months over the agreement. Poland’s conservative government unexpectedly e...
By Tajuddin
In BUSINESS
Oct 11th, 2016
0 Comments
1423 Views
Nairobi, Kenya (Xinhua + DIPLOMAT.SO) – Kenya is this month seeking to raise 297 million U.S. dollars from the domestic market for infrastructure projects in the energy, water and transport sectors. The East African nation is carrying out a number of infrastructure projects that include constru...
By Tajuddin
In BUSINESS
Oct 10th, 2016
0 Comments
1136 Views
San Francisco, California State, United States of America ( Reuters + DIPLOMAT.SO) – Shares of Twitter Inc (TWTR.N) slumped more than 13 percent in premarket trading on Monday after a weekend Bloomberg report that the social media company was unlikely to receive any bids. Salesforce.com Inc (CR...
By Tajuddin
In BUSINESS
Oct 10th, 2016
0 Comments
1233 Views
Anakara, Turkey ( Anadolu Agency + DIPLOMAT.SO) – Turkey has agreed to sign a joint investment fund with Russia on Sunday, Economy Minister Nihat Zeybekci said. The $1 billion fund aims to boost relations in many areas such as tourism, energy, agriculture and transport. Speaking to journalists ...
By Tajuddin
In BUSINESS
Oct 10th, 2016
0 Comments
1456 Views
Singapore ( Reuters + DIPLOMAT.SO) – Oil prices fell on Monday over doubts that an OPEC-led plan to cut output would rein in a global oversupply that has dogged markets for over two years. Brent crude futures LCOc1 were trading at $51.58 per barrel at 0646 GMT, down 35 cents or 0.67 percent, fr...
By Tajuddin
In BUSINESS
Oct 9th, 2016
0 Comments
1067 Views
Toronto, Canada ( Agencies + DIPLOMAT.SO) – Foreign workers who have accused a Canadian company of human rights abuses at an African gold mine will have their case heard in Canada’s legal system. The supreme court of British Columbia in a judgment this week is allowing three refugees to file a ...
By Tajuddin
In BUSINESS
Oct 4th, 2016
0 Comments
1096 Views
Tokyo, Japan ( Reuters + DIPLOMAT.SO) – The dollar rose against the yen and euro on Tuesday, boosted by some upbeat U.S. economic news, while the pound wallowed near a three-decade low on concerns over a potential “hard Brexit” for Britain. The dollar added to overnight gains and wa...
By Tajuddin
In BUSINESS
Oct 4th, 2016
0 Comments
1160 Views
Nairobi, Kenya (Xinhua + DIPLOMAT.SO) – Kenya plans to seek concessional loans to bridge the budget deficit for the 2017/18 financial year, a senior official said. The National Treasury Principal Secretary, Kamau Thugge, told journalists in Nairobi on Monday that Kenya will borrow up to 4.7 bil...
By Tajuddin
In BUSINESS
Oct 1st, 2016
0 Comments
977 Views
Amman, Jordan ( Reuters + DIPLOMAT.SO) – Thousands of protesters staged a protest in Amman on Friday (September 30) to demonstrate against a $10 billion gas deal between Jordan and Israel. The deal will supply 1.6 trillion feet (tcf) of gas to Jordan’s National Electric Power Company and ...