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Archives by Year:
Spain’s jobless claims rise again in November
Spain’s registered jobless rose for the fourth consecutive month in November official data showed on Wednesday, and was seen edging higher as the recession weighs and a multi-billion euro stimulus package loses steam. The Spanish economy is not expected to emerge from recession until next year as it reels from the collapse of a decade-long […]
Some Emiratis glad Dubai’s ambitious plans dented
Dubai nationals were alarmed by the fallout from the emirate’s debt standstill, but many hope the crisis may stem the torrent of foreigners into the conservative Gulf Arab city, where locals are outnumbered ten to one. The freewheeling emirate, one of seven that form the United Arab Emirates, sent jitters through global markets last week […]
Siemens settles case with von Pierer – sources
Siemens AG has struck a deal with former Chairman Heinrich von Pierer on payments for part of costs of a corruption case, paving the way for an amicable ending to the biggest bribery scandal in the country. Two sources familiar with the matter told reporters on Tuesday that Siemens has agreed to reduce the amount […]
