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Business : Page 1415

Vietnam needs $2.2bn to upgrade railroad crossings
October 25, 2013 ET
Vietnam needs more than 46.7 trillion VND ($2.2 billion) to build and upgrade facilities at crossings between railway track and roads on nine major routes across the country by 2020.
U.K. to recruit up to 400 trainee cyber and intelligence officers
October 25, 2013 ET
The intelligence and cyber crime fighters of tomorrow are being recruited by the U.K. National Crime Agency (NCA) as part of a multi-million pound recruitment campaign.
EU project to take biometric security to the next level
October 23, 2013 ET
The TABULA RASA consortium, which is supported by EU research and innovation investment, has set out to identify just how well face, voice and fingerprint identification software work, in particular against the growing phenomenon of spoofing.
Companies in South Korea paying fines instead of hiring disabled
October 23, 2013 ET
South Korean companies opted to pay 6.6 billion won in fines rather than meeting their obligatory employment quota for the disabled over the past three years, a lawmaker said, citing government data.
Wheat cultivation unfeasible for small farmers in Pakistan
October 22, 2013 ET
According to a study on Pakistan agriculture conducted by Bank of America, farming does not always remain a profitable venture for small farmers, especially considering the increase in farm input costs has not been offset by the increase in wheat support price.
Expectations for house price growth in UK at new high
October 21, 2013 ET
Households perceived that the value of their homes rose in October for the seventh consecutive month, according to the House Price Sentiment Index (HPSI) from Knight Frank and Markit Economics.
IDC: PC shipments in EMEA declined
October 21, 2013 ET
According to the latest research from International Data Corporation (IDC), PC shipments in Europe, the Middle East, and Africa (EMEA) declined 16%, reaching 21.4 million units in the third quarter of 2013.
Dubai to transform into smart city
October 21, 2013 ET
The Vice President and Prime Minister and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, announced a project to transform Dubai into a Smart City, where government services will be accessible, quick and efficient, using hi tech smart devices.
UK retails sales back to 2008 level
October 18, 2013 ET
In September 2013 the volume of UK retail sales rose by 2.2% compared with September 2012 and by 0.6% compared with August 2013.
Brazilian ministry expects record results for major crops
October 17, 2013 ET
The production of major crops in Brazil should provide a record result this year, according to a survey conducted by the National Supply Company (Conab), under the Ministry of Agriculture, Livestock and Supply (MAPA).
Saudi Arabia to use shale gas for electricity
October 16, 2013 ET
Saudi Arabia is preparing to be among the first countries outside North America to use shale gas for power generation and thereby save more of its crude oil for lucrative exports.
Indian coffee consumption to reach 125,000 tons
October 15, 2013 ET
Coffee consumption in India is expected to reach around 125,000 tons for 2013 which is growing at a rate of 5% - 6% annually since 2010, according to the Coffee Board of India.

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