Archive of 23 July 2019
Finland’s UPM to invest $3 billion in Uruguay
Jul 23, 2019Finnish pulp and paper maker UPM said on Tuesday it had decided to go ahead with plans to invest nearly $3 billion in the construction...
Ethio Telecom revenues rise 7pc to $1.26bn in 2018/9
Jul 23, 2019ADDIS ABABA: State-owned Ethio Telecom, a potential candidate for privatisation, generated 36.3 billion Ethiopian birr ($1.26 billion) in revenue during the last financial year, a...
Nexus of all political parties for national interest to defeat enemies: Firdous
Jul 23, 2019ISLAMABAD: Special Adviser to the Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan Tuesday said the nexus of all the political parties for...
US home sales tumble as prices surge to record high
Jul 23, 2019WASHINGTON: U.S home sales fell more than expected in June as a persistent shortage of properties pushed prices to a record high, indicating the housing...
US may have brought down second Iranian drone last week: US general
Jul 23, 2019WASHINGTON: A US Navy ship may have brought down a second Iranian drone in the Strait of Hormuz last week, the head of US Central...
Italy cancels two bond auctions in August
Jul 23, 2019MILAN: Italy's treasury cancelled a medium and long-term bonds auction scheduled for Aug. 13, citing a large cash availability. The treasury also cancelled a BTP?I linker...
Bank of England’s Haldane ‘very cautious’ about cutting rates
Jul 23, 2019SCUNTHORPE: Bank of England chief economist Andy Haldane sought to push back against market bets that the central bank's next move will be an interest...