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Business : Page 1431

Canada trade deficit fell significantly
Canada tradeAugust 7, 2013 ET
Canada trade deficit narrowed to $469 million in June compared with $781 million in May, according to Statistics Canada. Exports to the United States grew 1.5 percent to $29.4 billion.
EU set rules for sows in stalls, 50% of countries not compliant
PigsAugust 7, 2013 ET
Seven months after the European Union introduced a ban on keeping sows in stalls, except for the first month of pregnancy, 50 percent of EU countries have failed to obey the rule.
KwaZulu-Natal paid $2.8m for jazz festival that never took place
Jazz FestivalAugust 6, 2013 ET
The KwaZulu-Natal government paid $2.8 million (R28 million) for a jazz festival in Durban that never took place, the Sunday Tribune online reported.
New Bosphorus tunnel to make transport of goods easier
IstanbulAugust 6, 2013 ET
Turkey has completed a trial run of a rail tunnel under the Bosphorus connecting Istanbul's European and Asian sides. The tunnel is part of a $5 billion Marmaray project.
Underwater minerals to transform The Cook Islands economy
Cook IslandsAugust 6, 2013 ET
The Cook Islands plans to transform into one of the world's richest countries by sending robots to the sea floor to collect minerals believed to be worth tens of billions of dollars.
Irish companies doing better if export-oriented
IrelandAugust 6, 2013 ET
Most companies in Ireland are managing to grow or maintain their sales and cutting number of employees by only 10%, according to the Business Monitor.
SEC charges former GMCR employee in $7m insider trading scheme
Insider tradingAugust 5, 2013 ET
SEC announced insider trading charges against a former systems administrator at Green Mountain Coffee Roasters who repeatedly obtained quarterly earnings data and traded in advance of its public release.
New York to give $45 million for better water
New York waterAugust 5, 2013 ET
New York State is to invest $45 million for Water Quality Improvement Projects (WQIPs), announced Governor Andrew M. Cuomo.
Eastern Africa to achieve a maize surplus in 2013
Eastern Africa maizeAugust 5, 2013 ET
Thanks to favorable climate, Eastern Africa will achieve a maize surplus in 2013, according to Eastern African Grain Council (EAGC).
European network to reach 2Tbps
GEANTAugust 5, 2013 ET
GEANT, the superfast pan-European research network that helped discover the Higgs Boson, could reach speeds up to 2Tbps (terabits per second) thanks to a major network upgrade.
Mexican manufacturing deteriorated in July
Mexico manufacturingAugust 5, 2013 ET
For the first time since April 2011, Mexican manufacturing business conditions deteriorated in July, albeit only marginally: PMI fell to 49.7.
Ireland plans to close oil refinery
Ireland oil refineryAugust 2, 2013 ET
Ireland doesn't need its own oil refinery because it can import enough of the fuel to meet all its needs, says a Government-commissioned report.

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