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One in four Romanians fit for work has left the country
Liviu VoineaTuesday December 11, 2018 6:27AM ET
Demography, low payment discipline in the economy and the low level of financial intermediation – these are the main structural vulnerabilities Romania is facing, the National Bank of Romania (BNR) has revealed on Monday in the document called ‘The map of structural vulnerabilities in Romania.’
Three shipbuilding teams shortlisted to build new warships in UK
Type 31e warshipsTuesday December 11, 2018 5:28AM ET
Three shipbuilding teams got multi-million-pound contracts to push ahead with plans to build five new Type 31e warships in the UK for the Royal Navy, Defence Minister Stuart Andrew has announced in Portsmouth.
California's minimum wage to increase to $11 or $12 per hour
California workersTuesday December 11, 2018 5:27AM ET
Under legislation to increase the minimum wage to $15 per hour over time, California\'s minimum wage will increase on January 1 to $12 per hour for employers with 26 employees or more and $11 for employers with 25 or fewer employees.
EIB to give Slovakia loans for transport projects and nuclear safety
Vazil HudakTuesday December 11, 2018 5:19AM ET
Slovakia and the European Investment Bank (EIB) signed a deal, under which EIB will provide the country with a loan worth nearly 380 million euro (434 million U.S. dollars) to co-fund transport projects and ensure safety of nuclear power plants in the country.
China builds railway arch bridge with world's longest span
China bridgeTuesday December 11, 2018 5:01AM ET
With a grand arch bridge erected on Monday morning across the Nujiang River in southwestern China\'s Yunnan Province, Chinese constructors have built the world\'s longest-spanning railway arch bridge.
Japan bans Chinese companies from government contracts
HuaweiMonday December 10, 2018 12:15PM ET
Japan\'s central government ministries and Self-Defense Forces received guidelines on Monday that effectively bar them from buying personal computers, servers and telecommunications equipment from Huawei Technologies and other Chinese companies.
Indian solar market adds 1,589 MW in Q3 2018, says Mercom
Indian solarMonday December 10, 2018 8:26AM ET
The Indian solar market installed 1,589 MW in the third quarter of 2018. Installations declined by 4 percent compared to 1,659 MW in Q2 2018, said Mercom India Research in its newly released Q3 2018 India Solar Market Update.
UK's November shopper numbers fall worst for a decade
Shopping UKMonday December 10, 2018 7:41AM ET
Shopper numbers in Britain saw their largest November drop for a decade, as Black Friday discounts drove more shopping online, retail researcher Springboard said on Monday.
Norway's second largest bridge built by Chinese firm opens to traffic
Norway's bridgeMonday December 10, 2018 7:08AM ET
A ceremony was held Sunday to officially open Norway\'s second largest bridge that has been built by a Chinese company and its partners some 220 km inside the Arctic Circle.
Pager service to end in Japan next year
Pager serviceMonday December 10, 2018 7:07AM ET
Pagers are set to be finally phased out of use in Japan after its only service provider announced recently that it would terminate the service next September.
New South Wales' plan to cut immigration by half could cost economy about 90 billion USD
New South WalesMonday December 10, 2018 7:03AM ET
Australia\'s New South Wales (NSW) government\'s plan to cut immigration by half in order to ease the pressure on Sydney\'s infrastructure may end up costing the state around 130 billion Australian dollars (93.8 billion U.S. dollars).
AIIB invests $510 million in sustainable infrastructure for Egypt
Egypt solarMonday December 10, 2018 6:28AM ET
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved $510 million funds for two infrastructure projects in Egypt.
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