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Jun 19 2013
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FedEx profits rise 7% despite tepid global economy ,AFP |
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(MENAFN - AFP) Global package delivery giant FedEx Wednesday reported a seven percent increase in quarterly profits, as increased volumes of some North American deliveries offset declines in some ... |
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Jun 19 2013
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Commerzbank confirms to axe over 5,000 jobs ,AFP |
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(MENAFN - AFP) Management and employees' representatives at Commerzbank, Germany's second-biggest bank, reached agreement Wednesday on cutting over 5,000 jobs during the next three ... |
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Jun 19 2013
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Dolce and Gabbana sentenced to jail for tax dodge ,AFP |
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(MENAFN - AFP) An Italian court on Wednesday sentenced fashion house duo Dolce & Gabbana to one year and eight months in prison for tax evasion of 200 million euros ($268 million)
They were ... |
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Jun 19 2013
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Fed keeps stimulus program unchanged ,AFP |
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(MENAFN - AFP) The Federal Reserve on Wednesday kept its stimulus program for the US economy unchanged and gave no hint as to when it might begin reeling in its $85 billion-a-month bond ... |
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Jun 19 2013
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Plane rentals, an increasingly luring option for airliners ,AFP |
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(MENAFN - AFP) Companies that rent out planes placed nearly half of the orders announced so far at the Paris Air Show as airlines look to them to increase and modernise their fleets with minimal ... |
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Jun 19 2013
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Swiss parliament rejects deal to expose US tax dodgers ,AFP |
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(MENAFN - AFP) Swiss lawmakers rejected Wednesday a deal proposed by Washington to halt ruinous US legal action provided that Swiss banks that helped stash cash expose American tax dodgers and pay ... |
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Jun 19 2013
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EU fines drugs firms 150 mn euros for delaying cheap generics ,AFP |
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(MENAFN - AFP) The EU executive on Wednesday imposed hefty fines of around 150 million euros on pharmaceutical firms including Denmark's Lundbeck for colluding to delay the sale a decade ago of a ... |
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Jun 19 2013
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India's Tata Motors revamps 'world's cheapest car' ,AFP |
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(MENAFN - AFP) India's top automaker Tata Motors unveiled a new version of what was once billed as the world's cheapest car Wednesday, in a bid to reverse a slump in sales.
The jellybean-shaped ... |
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Jun 19 2013
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Doctors reap in billions as Cuba's top export ,AFP |
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(MENAFN - AFP) Cuba is out to boost its top export, an ever-more critical pillar of its economy. And it's not sugar: hired-out Cuban doctors earn the Communist government over six billion dollars a ... |
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