Piraeus port workers continue strike over Chinese takeover
Athens - Thousands of containers remained stranded on cargo ships at Greece's largest port, Piraeus, on Monday as workers extended by 48 hours a series of strikes in opposition to the takeover of the docks by China's COSCO Pacific. The current strike...
[Posted on :
2009-11-09 ] Category : [
Business ]
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Mixed earnings end in mixed day for Japanese stocks - Summary
Tokyo - Stocks in Tokyo ended mixed for a second-straight trading day as investors bought up shares in companies reporting upbeat earnings forecasts but sold issues with poor earnings and outlooks. Exporters lost ground on a stronger yen. The Nikkei ...
[Posted on :
2009-11-09 ] Category : [
Business ]
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Stronger yen, selective buying create mixed trading in Tokyo
Tokyo - Stock were mixed in Monday morning trading in Tokyo as exporters lost ground on a stronger yen and investors engaged in selective buying. The benchmark Nikkei 225 Stock Average gained 8.4 points, or 0.09 per cent, to trade at 9,797.75. ...
[Posted on :
2009-11-09 ] Category : [
Business ]
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New Zealand economy gets big boost from rising dairy price
Wellington - Soaring international milk powder prices are giving the New Zealand economy a multi-million dollar boost as it struggles out of recession, the country's biggest exporter announced Monday. The Fonterra Co-operative Group, the world's bigg...
[Posted on :
2009-11-08 ] Category : [
Business ]
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Czech premier proposes central bank chief for EU executive
Prague - Czech Prime Minister Jan Fischer proposed Zdenek Tuma, the governor of the Czech National Bank, for a post in the European Commission, the premier's office said Sunday. Fischer has said that he would select the Czech Republic's candidate for...
[Posted on :
2009-11-08 ] Category : [
Business ]
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Indian premier pushes for faster economic reforms
New Delhi - India had weathered the global economic crisis better than most countries and would push financial sector and other reforms to regain a 9 per cent rate of growth, Prime Minister Manmohan Singh said Sunday. Delivering the opening address a...
[Posted on :
2009-11-08 ] Category : [
India (Business) ]
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Myanmar expects to export 1 million tons of rice this fiscal year
Yangon - Myanmar exported 670,000 tons of rice in the fiscal year that ended March 31 despite the devastation wrought by Cyclone Nargis and expected to export up to 1 million tons this fiscal year, media reports said Sunday. The export volume of ric...
[Posted on :
2009-11-08 ] Category : [
Business ]
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Indonesian maids outnumber Filipinos in Hong Kong for first time
Hong Kong - Filipino maids in Hong Kong are outnumbered for the first time by domestic helpers from Indonesia, according to government figures published Sunday. The number of Indonesian maids in the wealthy former British colony is now more than 130,...
[Posted on :
2009-11-08 ] Category : [
Business ]
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Economic woes cost German employment agency billions
Nuremberg - The German employment agency will need to plug a funding hole of 16 billion euros (24 billion dollars) in 2010, an agency spokeswoman said on Saturday, confirming a media report. Job losses resulting from the economic crisis meant the agen...
[Posted on :
2009-11-07 ] Category : [
Business ]
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Brown proposes financial market tax at G20 meeting - 2nd Update
St Andrews, Scotland - British Prime Minister Gordon Brown urged finance ministers from the world's 20 leading economies meeting Saturday to consider imposing a tax on financial transactions to help head off future global economic crises. It cannot ...
[Posted on :
2009-11-07 ] Category : [
Business ]
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