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Business : Page 1401

Salary inflation in Scotland at record high
ScotlandJuly 21, 2014 ET
June's Bank of Scotland Report on Jobs showed a further tightening of conditions in Scotland's labour market, with salary inflation pushed to the highest in the survey's history.
Manufacturing biggest driver of Nigeria's growth
Manufacturing NigeriaJuly 21, 2014 ET
The Renaissance Capital's report shows that manufacturing as the major driver of economic growth in Nigeria. The manufacturing sector is currently growing faster than the telecommunication, oil and gas, and agricultural sectors.
$50m needed to upgrade Zambian railways
Zambian railwaysJuly 21, 2014 ET
Zambia Railways Limited (ZRL) says it needs $50 million to expand its production by constructing new railway lines to link mining plants in the southern African nation.
Digital ad spending in Latin America to explode
Digital ad spendingJuly 21, 2014 ET
Digital ad spending in Latin America will increase 28.5% this year, according to eMarketer’s latest estimates of global digital ad spending.
Nigeria loses $15m to international airlines annually
Nigeria aviationJuly 21, 2014 ET
Nigeria's aviation industry loses $15 billion to international airlines annually in cargo and passenger flights, according to the Airline Operators of Nigeria (AON).
U.S. consumer sentiment falls
U.S. retailJuly 19, 2014 ET
U.S. consumer sentiment fell in July as expectations for future spending dropped, the Thomson Reuters/University of Michigan index of consumer sentiment revealed.
Construction projects to put hundreds to work in Illinois
Illinois constructionsJuly 18, 2014 ET
As Illinois' unemployment rate fell to its lowest point since October 2008, Governor Pat Quinn announced Employ Illinois, an expansion of his efforts to provide diverse residents with training for jobs in the construction industry.
Brazil wants to be aerospace leader
Brazil aerospaceJuly 18, 2014 ET
In the next two years, Brazil's aeronautics and aerospace industries will count on extra backing to promote business, products and services overseas.
New York State secured $10.9m for AASP programs
New York AASPsJuly 18, 2014 ET
Governor Andrew M. Cuomo announced $10.9 million in new grants for 68 Advantage After School Programs (AASPs) across New York State.
Germany tops energy efficiency rankings
Germany green energyJuly 18, 2014 ET
Germany comes in first in a new energy efficiency ranking of the world's major economies, followed by Italy, the European Union, China, and France, according to the 2014 International Energy Efficiency Scorecard by the American Council for an Energy-Efficient Economy (ACEEE).
EU shipowners call for grater access to U.S. market
EU shipsJuly 18, 2014 ET
EU shipowners support the liberalisation and promotion of EU-U.S. trade, both in services and in goods, as the harmonisation of the EU and U.S. markets will play a key role in fostering trans-Atlantic trade.
Canada lost 9,400 jobs
Canada street marketJuly 18, 2014 ET
Canada lost 9,400 jobs in June and the unemployment rate rose to 7.1 percent from May's 7.0 percent, underlining how employment growth has stalled despite a recovery in the United States.

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