Archive for February 2005
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The Karachi Port handled 41,500 tonnes of cargo including 39,500 tonnes import and 2,000 tonnes export, during last 24 hours ending at 0700 hours on Monday. The cargo comprised of 41,500 tonnes oil/liquid cargo. Two
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Swedish telecoms equipment maker Ericsson said on Monday it would close down a plant making radio base station modules in the Swedish city of Nynashamn, laying off 463 people. The closure of the factory, which
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European planemaker Airbus said the development of its A380 superjumbo remained on track and denied problems had been encountered during stress tests on the aircraft ahead of its first flight. "The preliminary findings indicate we
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German engineering conglomerate Siemens plans to cut 945 jobs in Germany at its struggling SBS information technology services unit this year, an SBS spokesman said on Monday. The figure includes 275 job cuts agreed last
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Morocco invited telecom operators to bid this week for new generation of fixed-line phone licences that will be operational before the end of 2005, telecoms watchdog ANRT said on Monday. The new licences will end
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A turnaround in Asian hotel bookings helped Britain's Millennium & Copthorne Hotels Plc double 2004 profit, and the hotelier announced a major UK expansion plan on Monday. Chief Executive Tony Potter said he wanted to
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Nissan Motor Co Ltd, Japan's second-largest auto maker, named its senior vice president in charge of China as second-in-command to Chief Executive Carlos Ghosn on Monday. Toshiyuki Shiga, 51, who is also responsible for Nissan's
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Nissan Motor Co Ltd, Japan's second-largest auto maker, named its senior vice president in charge of China as second-in-command to Chief Executive Carlos Ghosn on Monday. Toshiyuki Shiga, 51, who is also responsible for Nissan's
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Malaysia will this week give the go-ahead to build a dedicated terminal for low-cost carriers at Kuala Lumpur's international airport, in a bid to raise its status as a regional hub rivalling Singapore and Bangkok,
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Oil-rich Kuwait's economy probably grew at a faster clip of over 20 percent in nominal terms and about 5 percent in real terms last year, the country's biggest bank said in a report on Monday.
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