SmartVineyard seeks investors
News from Emerging Markets
China's economic growth slowed to 7.3 per cent in the third quarter but this still beat expectations and allayed fears of a rapid slowdown in the world's second-largest economy.
Lower gold prices, stable rupee to help govt achieve fiscal deficit reading of 4.1% this fiscal OP Thomas The government is well on path to achieve its budgeted fiscal deficit target of 4.1% or Rs 5.28 lakh crore of the gross domestic product for the current financial year even though it has achieved 75% of the target at Rs 3.
Poland's oil concern PKN Orlen has acquired fuel retailer Ventus-Nafta from its Lithuanian subsidiary Orlen Lietuva . The deal was concluded in July and added 4 million zlotys (LTL 3.27 mln, EUR 0.95 mln) to Orlen Lietuva's EBITDA, PKN Orlen said in its performance report for January through September.
The net international investment position (NIIP) of Turkey had reached negative $415.9 billion by the end of August, ballooning by $22.3 billion in the first eight months of the year, according to data released by the Turkish Central Bank on Wednesday.
The government will tax internet traffic from next year, Economy Minister Mihály Varga announced on Tuesday afternoon as he released details of the 2015 tax bill. The internet tax of Ft 150 per gigabyte of traffic generated by a user of the service, to a monthly maximum of Ft 700 for individual clients and Ft 5,000 for businesses.
Ukraine should be able to find ways of paying for Russian gas supplies within a week, Russian Energy Minister Alexander Novak said Wednesday, suggesting that a standoff would end once Moscow received financial guarantees from Kiev.
Subscribe to our EMIS Newsletters