Bank of Spain governor warns of challenges to recovery
byMadrid, June 1 (IANS) Governor of the Bank of Spain Luis Maria Linde said that Spain was faced with challenges in achieving economic recovery….
Business
Kenya’s overall inflation rate drops
byNairobi, June 1 (IANS) Kenya’s overall rate of inflation dropped marginally to 4.05 percent in May from 4.14 percent in April, the statistics bureau…
Toyota Kirloskar domestic sales down 35 percent
byChennai, June 1 (IANS) Japanese-Indian car maker Toyota Kirloskar Motor Pvt Ltd domestic sales went down by 35 percent last month as compared to…
US slaps sanctions on Iran’s petrochemical industry
byWashington, June 1 (IANS) The US government has slapped sanctions on Iran’s petrochemical industry as part of its efforts to intensify the squeeze on…
Brazil shows democracy leads to development: Biden
byBrasilia, June 1 (IANS/EFE) US Vice President Joe Biden said here Friday that the social changes that have taken place in Brazil, the world’s…
China, Finland to boost trade
byHelsinki, June 1 (IANS) China and Finland have agreed to further their cooperation on trade and arctic affairs and foster high-level parliamentary exchanges. The…
China’s manufacturing PMI rises
byBeijing, June 1 (IANS) China’s Purchasing Managers’ Index (PMI) for the manufacturing sector rose to 50.8 percent in May from 50.6 percent in April,…
TVS Motor sales down in May
byChennai, June 1 (IANS) Two and three wheeler maker TVS Motor Company Ltd Saturday said it sold around 10,860 units less last month as…
Imphal, Agartala to be made international airports
byAgartala, June 1 (IANS) The Airports Authority of India (AAI) has begun preliminary work to upgrade the airports in Imphal and Agartala as international…
Canada’s economic growth picks up pace
byOttawa, June 1 (IANS) Canada’s real gross domestic product (GDP), driven by goods exports, expanded 0.6 percent in the first quarter of 2013, the…