Business News

Israel Economy Expects Robust Rise in 2013

As per the predictions of Treasury, Israel's economy is going to witness a healthy rise in its economy in 2013 as well as in 2014. The Treasury predicted a rise of 3.5% in 2013 and 3.9% in 2014 in the economy of the country.

Spain’s Oldest Nuclear Plant on the Verge of Closure

Established in 1970, Garoña is the oldest nuclear plant of Spain which is now heading towards its closure since it's unable to cope up with the rising taxes.

The nuclear plant has already been disconnected from the grid yesterday night, while the fuel is being removed from it gradually. The fuel shall now be transferred to the storage pool of the plant which is operated by Nuclenor.

Consortium of Three Companies Wins Rights to Operate Turkish Roads for 25 Years

Rights to operate toll roads of 1,975 km, two connecting roads and two bridges in Turkey, have now been given to three companies' consortium which includes UEM Group Bhd, Koç Holding and Gözde Girisim Sermayesi Yatirim Ortakligi.

Sun Pharma Sees Hike in Shares after Buying URL Pharma

Sun Pharmaceutical Industries, soon after agreeing to procure the U. S.-based URL Pharma's generic drugs business, has realized an upsurge in its shares.

Bank of Ireland Prohibits Debt Forgiveness for Homeowners

Though, Bank of Ireland mortgage holders, thousands in numbers, were hoping to get debt forgiveness in some way or the other while awaiting the new personal insolvency laws. A recent report has revealed that the latest ruling by BoI has been a big blow to all those struggling homeowners.

Yen Drops amid Victory of Liberal Democratic Party over Monetary Easing

Japan's Liberal Democratic Party that is committed to assertive monetary easing has won in an election. A recent report reveals that this landslide for the party has caused the Yen to plunge to its lowest ever.

Tel Aviv Stock Exchange Registers Modest Business

Monday saw the Tel Aviv Stock Exchange to be doing a moderate business. Experts affirmed that the exactly after 30 minutes of the market opening, the TA Composite Index was standing at 1,071.43, which was up .35%.

Santander May Buy All Shares of Banesto

There are chances that Banco Santander SA (SAN), which is said to be Spain's biggest bank, buys the shares of Banco Espanol de Credito SA. It will be done so to merge the businesses under one brand. Moreover, it will make the handling of the business a lot of easier.

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In its annual Environmental Responsibility Report for fiscal year 2015 released last Thursday, tech giant Apple has revealed that nearly 90 million pounds of unwanted or broken electronics were processed by the company over the last one year....

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Automotive News

  • Tesla unveils its sleek and affordable new electric car --- Model 3
  • Lexus unveiled new LC 500 coupe at Detroit auto show
  • Porsche-Piech family clan “stands firmly behind” VW CEO Matthias Mueller, say insiders
  • Anthony Foxx approves BMW's request to activate self-parking technology in 2016 7 series models

UK News

  • Drinking additional cups of coffee linked with reduced risk of liver cirrhosis
  • UK Ministers and Health Bosses admit Mental Health Care is Poor and Underfunded
  • Conservative Health Secretary to impose inferior contract on England’s 55,000 junior doctors
  • Junior doctors in England begin second 24-hour strike
  • NHS to start charging extra for high-sugar drinks and snacks in hospitals