Israel considering infrastructure spending to close gap and boost productivity
Israel is waking up to its dramatic shortfall in infrastructure compared to most developed economies and a potential increase in spending is bound to offer the private sector a raft of new opportunities.
Siemens to exit Russian power joint venture
The German giant claims a Russian business broke sanctions by shipping its turbines to Crimea.
Microsoft stock gyrates after earnings beat
Microsoft beat estimates on earnings and revenue in the fourth quarter of its 2017 fiscal year.
UK property transactions fall for third month in a row
There were 96,910 property sales in June, the lowest figure since last Autumn.
Blackstone, CVC make $3.7 billion bid for payments firm Paysafe
A consortium of Blackstone and CVC Capital Partners has made a 2.86 billion pound ($3.71 billion) bid for payments processing company Paysafe Group.
Turkey is acting like former Communist East Germany, Schaeuble says
Finance Minister Wolfgang Schaeuble was quoted as comparing Turkey with the former communist East German state.
N Korea economy grows at fastest rate in 17 years
The mining and energy sectors helped push the growth rate to 3.9% – its strongest level in 17 years.
Asia markets close mostly lower as euro clings to 2-year highs, Aussie dollar stumbles
Asia markets were subdued on Friday as the euro traded at two-year highs on Thursday comments from the chief of the ECB.
Sweden asked the public to vote on a name for a new train and this is what they came up with
A train operator in Sweden has vowed to name one of its trains Trainy McTrainface in a bid to bring “joy” to all those disappointed when the U.K. overturned a public vote to name a polar research ship with a similar quirky name.
New agreement will allow US rice exports to China
Agreement includes strict measures to prevent pests and plant diseases being brought into China.