The Government of Sri Lanka has launched a compensation programme to reimburse the textile workers who were laid off due to privatization or closure of about 64 state-run textile units way back during 1980-82. As per the ...
Tags: Sri Lanka, Textile Workers, Textile
Dell reportedly is closing in on finalizing a deal to take the company private and all the speculation is shining a renewed spotlight on the PC maker, say analysts. "The buyout speculation is helping Dell in that investors and customers ...
Tags: Dell, PC maker, Buyout Deal
Computerworld - Western Digital's HGST subsidiary may not have picked the best time to have a breakthrough in hard-disk drive innovation. After a decade of trying, HGST recently perfected a method to seal helium gas inside drives. The ...
Tags: hard disk drive, helium gas inside drives, hard drives
The Daily Times reported that Pakistan's Privatization Commission has approved withdrawal of the review petition filed against the Supreme Court's judgment,which annulled the privatization of Pakistan Steel Mills Corporation. Prayer was ...
Tags: Daily Times, Pakistan, PC, CCoR, PSMC
Belarus and Azerbaijan have agreed to intensify cooperation in investment. To this end, on December 19th 2012 in Minsk, cooperation memorandums were signed at the Belarusian-Azerbaijani business forum. The memorandums with the Azerbaijan ...
Tags: Mineral, Metallurgy, Energy
Daily Večernje novosti writes that more than 20 persons have so far been questioned about the sale of the Smederevo-based steel mill and that businessman Danko Đunić will be questioned in January. At the time when the steel ...
Tags: steel mill, steel, US steel, steel industry
Australia’s competition watchdog gave its preliminary approval yesterday to a global alliance between struggling carrier Qantas and Dubai based Emirates, but only for five years initially. The Australian Competition and Consumer ...
RIA Novosti reported that Kyrgyzstan has offered Russian energy giant Gazprom the chance to buy 75% of the national gas company Kyrgyzgas for just USD 1, to help the beleaguered Kyrgyz firm settle its debt woes and cut the republic's ...
Tags: RIA Novosti, Kyrgyzstan, energy, national gas
ABC reported that more than 100 wharf workers have gone on strike at Fremantle Port and the Kwinana bulk terminal, south of Perth. The Maritime Union says members have stopped work because they want their new enterprise agreements to ...
Tags: Strike, Fremantle Port, Transportation
National joint-stock company Naftogaz Ukrainy in a month is to transfer state run combined heat and power plants to the management of the Energy and Coal Industry Ministry of Ukraine. The decision is stipulated in cabinet resolution ...
Tags: heat and power, generating systems, Energy and Coal Industry
Bermuda-based reinsurance specialist Validus Holdings has appointed Mahmoud Abdallah to its board of directors with immediate effect, expanding the board to ten members. Validus chairman and chief executive officer Ed Noonan said: ...
Tags: reinsurance specialist, Validus Holdings, Mahmoud Abdallah
Greece will use future revenue from the country’s ‘Helios’ solar energy project to cut debt by as much as 15 billion euros ($21 billion), euro-area leaders said. "Greece commits future cash flows from project Helios, or ...
Tags: Market View, solar
Greece will use future revenue from the country’s ‘Helios’ solar energy project to cut debt by as much as 15 billion euros ($21 billion), euro-area leaders said. "Greece commits future cash flows from project Helios, ...
Tags: solar