H&M Sales Figures Down

Tia Oja, Correspondent (Business)   STOCKHOLM - The multinational retail-clothing company Hennes & Mauritz (H&M) announced its sales had gone down during March. March was already the sixth...

Ghana Aiming to Boost Economy With IMF Assistance

Ghana hopes to enter into an assistance program with the IMF to improve its economy, after a similar program brought growth to the country...

Goodbye Black Cabs?

Jennifer Ubah, Correspondent (Business)   LONDON- The well-known black taxis that dominate the streets of London are facing possible extinction. The company Manganese Bronze that has been...

Moroccan solar plant will be one of the world’s biggest

Next month, a giant solar power plant in the Moroccan city of Ouarzazate will be lighting up the city at night. Harnessing the sun's...

EasyJet Proposes New Jobs in Luton

London’s Luton airport signs a deal with easyJet proposing the expansion of services and creation of more jobs despite growing opposition.  Following a new deal...

Brazilian Airports Bid and Sold for $9 billion

Dipika Rangasami, Correspondent (Business)   SAO PAULO — Massive bids of $9 billion combined, sealed the privatisation of two of Brazil’s busiest airports late last week. The...

Two Year Recovery Plan Worth $139 Million for Typhoon Haiyan’s Victims

The International Red Cross (IRC) and the International Federation of the Red Cross and Red Crescent societies (IFRC) are considering means of providing long...

Bhutan’s Clean Energy Future Sees Success with Nissan Deal

A new agreement sees Nissan assisting Bhutan with clean-energy conversion by launching the LEAF (Nissan’s electric car) in the Bhutanese automobile market. Car manufacturing...

Nintendo Out Of The Game?

Tia Oja Correspondent (Business)   TOKYO — Shares of the Japanese game company Nintendo plunged 18% last week due to a ban lift by the Chinese government....

Porsche to Cut Down Working Hours

Tia Oja Correspondent (Europe)   BERLIN — Porsche’s factory has recently been so efficient that it will cut down working time of its factory workers’ day by...