Adidas Net Profit Increases by 38% in Q1
Sports shoe company Adidas AG says first-quarter net profit rose 38 % to 289 million Euros, as strong sales in…
Nilesat Deals with Cisco for its Digital Head
Egyptian satellite operator Nilesat has installed video acquisition, encoding and digital content management…
Eurozone’s Inflation Slows down but Remains Headache for ECB
Inflation in the 17 countries that use the euro fell to an annual 2.6pc in April, but was still higher than…
Spain into Recession Again
Spain has tipped back into recession, an official estimate confirms, even as the government pressed ahead with…
Chinese Flavors Affect Car Designing Globally
As more and more Chinese buy cars, automakers say consumer tastes in the Asian nation are having a growing…
Global Unemployment Keeps Rising
Global unemployment will hit 202 million this year, or 6.1 %, as debt-driven austerity measures hammer job markets…
Microsoft Deal Leads Barnes & Noble shares to Rise up
Barnes & Noble Inc said it will separate its digital and college book businesses into a new subsidiary, giving…
New Generation of Traveling Websites through Social Networks
Wondering where to go on your vacation this year, and what to do? A growing number of "social travel" start-ups…
Fairmont Targets Expansion in Middle East
Fairmont Raffles Hotel International is planning to open up to eight new hotels in the Middle East over the coming…
Rights Groups Urge UAE to Release Political Activists
Two international rights groups are urging the United Arab Emirates to end crackdowns on perceived political…
AfDB 2023