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Business : Page 5

National Grid transferred 2.8 billion pounds of UK pension risk to Rothesay Life
National GridOctober 8, 2019 ET
UK’s insurer Rothesay Life said the National Grid UK Pension Scheme had transferred 2.8 billion pounds worth of pension risks to the insurer.
German business group: No deal Brexit will destroy us
Holger BingmannOctober 8, 2019 ET
A German official is begging European Union states to prevent a no deal Brexit.
Malaysia expands tax incentives for companies to set centers there
Malaysia port containersOctober 8, 2019 ET
Malaysia said it would expand tax incentives for companies that use the country as a base for conducting their regional or global business.
No-deal Brexit: 88% of imports in UK to face no tariffs
UK border trucksOctober 8, 2019 ET
Britain revised the tariff regime that would come into force if it leaves the European Union without a deal, making 88% of total imports by value eligible for levy free access.
Angola and Senegal to produce 10,000 MW of clean and environmental friendly energy
Angola solar energyOctober 8, 2019 ET
Angola and Senegal are about to meet the African Sustainable Development Goals in the electricity sector, with the production of 10,000 MW by 2025, an initiative for the sector through the production of clean and environmental friendly energy.
Rwanda launched Africa's first smartphone
Africa's first smartphoneOctober 8, 2019 ET
The Mara Group, a pan-African multi-sector business services company inaugurated Mara Phones manufacturing plant in Rwandan capital Kigali.
Angola starts international mining tender
Angola miningOctober 8, 2019 ET
Angola\'s Ministry of Mineral Resources and Petroleum kicked off an international tender for the acquisition of rights to prospect and exploit diamond, iron and phosphate in five regions of the country.
Transatlantic cable to link Portugal and Brazil
Transatlantic cableOctober 8, 2019 ET
A transatlantic submarine cable will be installed to link Sines, Portugal, to Fortaleza, Brazil, with an investment of 170 million euros (186 million U.S. dollars).
Cambodia lifts ban on foreigners running 10 types of small businesses
Cambodia riceOctober 7, 2019 ET
Cambodia has reversed a ban on foreigners who are self-employed in 10 categories of jobs, according to a Ministry of Labor and Vocational Training\'s statement released.
Highlights: September 30 - October 4, 2019
HighlightsOctober 7, 2019 ET
The most interesting business stories that marked last business week.
UAE to invest $5 billion in oil refinery in Pakistan
Pakistan oil refineryOctober 6, 2019 ET
The United Arab Emirates (UAE) plans to invest $5 billion in an oil refinery project in Pakistan by the end of 2019.
Palestinian factories in Gaza suffered $70 million loss every month
Palestine factoryOctober 5, 2019 ET
Palestinian MP Jamal Al-Khodari stated that all Palestinian factories in Gaza have suffered partial or full damage.
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