Nigerian Petroleum Development Co., the upstream arm of state oil company NNPC, Monday announced a $5.2 billion, four-year investment plan aimed at raising oil production to 300,000 b/d mainly from assets acquired from foreign oil companies ...
Tags: Oil Output, Metallurgy
According to the provisional data released by the Central Bank of the Republic of Turkey, in January this year the capacity utilization rate in the Turkish basic metal manufacturing industry was 75.4 percent, down from 77.9 percent recorded ...
The Commission has adopted a proposal to give an extra transition period of six months during which payments which differ from the SEPA format can still be accepted so as to minimise any possible risk of disruption to payments for consumers ...
Tags: Service
The Commission has adopted a proposal to give an extra transition period of six months during which payments which differ from the SEPA format can still be accepted so as to minimise any possible risk of disruption to payments for consumers ...
Tags: Service
Many electronic payments will fail in Europe next month, unless the deadline for switching to the new SEPA payment system is extended, the European Commission warned Thursday. By 1st February, banks and businesses within the Single Euro ...
Oil prices fell Wednesday as the government report showed bigger-than-expected increases in gasoline supplies of the United States. Energy Information Administration (EIA), the U.S. Energy Department's statistical arm, on Wednesday ...
Tags: Oil Prices, Mineral
Singapore's growth quickened in 2013 and the country will "do well" going forward, Prime Minister Lee Hsien Loong said. Gross domestic product rose 3.7 per cent this year, Lee, 61, said in his New Year message today. That's in line with ...
Tags: Electrical, Electronics
Japan's economy will grow 1.4 percent in fiscal 2014 on the back of healthy domestic demand, amid inflation of 1.2 percent — excluding the effects of the consumption tax hike in April, the government projected Saturday. The ...
Yesterday, the central bank asked pay agency and other banks can not provide the currency payment and settlement services for bitcoin. This news was confirmed. Market analysts believe that the bitcoin will be out of China market in the ...
China's yuan has overtaken the euro to become the second most-used currency in international trade finance. The Society for Worldwide Interbank Financial Telecommunication (SWIFT) said the market share of the yuan, also known as the ...
Taiwan's first yuan debt offerings by four big mainland banks have been snapped up, opening the floodgates for up to 60 billion yuan (HK$76.5 billion) of fundraising as Beijing looks to strengthen the island's role in the drive to ...
Tags: Taiwan, RMB, Offshore Yuan Market
German industrial output fell for a second consecutive month in October, sending a sign of weak recovery from Europe's largest economy, official data showed on Monday. In calendar and seasonally-adjusted terms, industrial output dropped ...
With the high-tech economy system in Sweden, notes and coins has almost completely eliminated, and Sweden is moving towards into a "Cashless Society". According to the data of the European central bank, only 27% of the total retail sales in ...
Tags: Economy, Service, Cashless Society
A new round of shorting is emerging on China's bitcoin market after the central bank announced last week that the vitrual currency is not legal tender. A platform under Baidu, where users can pay to improve their network speed, has ...
According to the provisional data released by the Central Bank of the Republic of Turkey, in November this year the capacity utilization rate in the Turkish basic metal manufacturing industry was 78 percent, up from 77.2 percent recorded in ...