Slovenian Eltec Petrol seeks growth opportunities
News from Emerging Markets
Anton Titov, head of mid-sized Russian footwear retailer Obuv Rossii, has halted his firm's 2015 investment program, frozen planned shop openings and is looking at production cuts. The reason? High interest rates that he said are having a crippling effect on Russian companies.
According to data from the Brazilian institute of geography and statistics (IBGE), the unemployment rate in Brazil stood at 4.3% in December 2014 in the six major metropolitan regions studied, down from 4.8% in November 2014.
Turkey's foreign trade deficit narrowed in 2014, the Turkish Statistical Institute said Friday. Exports rose 3.9 percent in December 2014 from the same month in the previous year, while imports decreased 5.6 percent for the same period.
The Producer Price Inflation (PPI) rate for December 2014 fell to 34.2 per cent, down from a revised 37.6 per cent recorded in November 2014, the Deputy Government Statistician Mr Baah Wadieh said on Wednesday.
Argentine energy supplier Edesur recorded a loss of ARS 1.36bn (EUR 139.50mn USD 157.42mn) in 2014, which it has attributed to the fact that electricity rates have not been updated. These tariffs have remained frozen for the past six years.
A top European trade delegation has arrived in Sri Lanka to formulate a trade-related capacity building project, which will enhance the overall performance of the export sector of Sri Lanka.