Classifieds | Archives | Jobs | About TGT | Contact | Subscribe
Last updated 5 hours, 39 minutes ago
Printer Friendly Version | TGT@Twitter | RSS Feed |
Volvo rolls out compact SUV
MILAN: Volvo Cars showed off its first compact SUV on Thursday with the launch of its XC40 model, the latest in a sweeping overhaul of the carmaker’s line-up under Chinese ownership. Experts consider this as a latest upmarket move under Geely President and Chief Executive Officer of Volvo Hakan Samuelsson was present during the official presentation of new XC40 model in Milan, Italy, on Thursday. Volvo will seek to emulate the
Boeing boosts Southeast Asia order forecast
SINGAPORE: Boeing Co said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as low-cost carriers make travel more accessible. Boeing sees demand for 4,210 new airplanes worth $650 billion in Southeast Asia over the next two decades, based on an estimate of annual traffic growth of 6.2 per cent. That is up from last year’s forecast of 3,750 aircraft
Postal Savings Bank of China raises $7.25 billion through preferred shares
HONG KONG: Postal Savings Bank of China Co (PSBC) is raising $7.25 billion through an issue of preferred shares to shore up its capital buffer and boost lending, becoming the latest Chinese bank to raise funds through the hybrid securities. State-run PSBC’s fundraising comes a year after it garnered $7.63 billion in a Hong Kong IPO. The lender also unveiled plans in August for a share listing in Shanghai to raise $785 million.
Brazil cuts estimate for coffee production
SAO PAULO: Brazil’s government has cut its projections for coffee output this year, especially for arabica, due to unfavourable weather and an insect infestation in the world’s largest exporter. According to a report by the country’s agricultural statistics agency Conab, total coffee production in 2017 is now seen at 44.77 million 60-kg bags, compared to 45.6 million bags in May. Last year, total output was 51.37 million bags.
Smiths Group reports 17% increase in pre-tax profit
LONDON: Engineering conglomerate Smiths Group reported a 17 per cent rise in full-year pre-tax profit on Friday, helped by growth in its security scanners business. Smiths Group, a provider of hospital equipment, industrial services and sensors to detect explosives, said pre-tax profit rose to 528 million pounds ($717.50 million) for the year ended July 31, exceeding company-compiled analyst estimate of 522 million pounds.
ZhongAn prices HK IPO at top end, raises $1.5 billion
HONG KONG: ZhongAn Online Property & Casualty Insurance Co priced its IPO at the top of an indicated range, raising $1.5 billion in Hong Kong’s biggest ever financial technology stock offering, IFR reported on Friday. China’s first internet-only insurer priced 199.3 million new shares at HK$59.70 ($7.65) each, the top of a HK$53.70 to 59.70 range said IFR, a Thomson Reuters publication. It cited people close to the deal.
Road to electric car paradise paved with handouts
JUDABERG: The Norwegian island of Finnoey has the highest density of electric cars in the world. The reason? They are exempt from the $6,000-a-year toll charges for the tunnel to the mainland. There has been a surge in sales of fully electric cars like Teslas and Nissan Leafs since the tunnel opened in 2009 and they now account for one in five cars on Finnoey, compared with less than 1 in 100 globally. Twenty-nine per cent of
BoJ keeps monetary spigot open, new board member dissents
TOKYO: At the Bank of Japan, it was the same old story. The BoJ held monetary settings steady at a policy review on Thursday and asked markets to have faith that inflation will hit its elusive 2 per cent goal. But board newcomer, Goushi Kataoka, wasn’t buying it. A vocal advocate of aggressive easing who joined the board in July, Kataoka dissented in an 8-1 vote and argued against the central bank’s view that current policy was
Several tips to improve your chances of getting a job
NEW YORK: Congratulations — you managed to get an interview for a position at your dream company. But don’t start celebrating just yet. It’s not enough to get your foot in the door; you also have to make the right impression when you interview. From wearing the right clothes to making eye contact with the hiring manager, small gestures can have a big effect on your career prospects. Here are eight interview tips from the pros to
Library gets book back after 78 years
ATTLEBORO: It took nearly 80 years, but a book borrowed during the Gre..
Added : 5 hours ago
21 dead as migrant boat sinks off Turkey's Black Sea coast
Istanbul: Twenty-one people drowned and up to 15 more were missing on ..
Added : 8 hours ago
All are equal before law, say Dubai Police
DUBAI: Dubai Police arrested a British national on Sept. 10 for an off..
Added : 8 hours ago
Russia unveils controversial Joseph Stalin bust
MOSCOW: A bronze bust of Joseph Stalin was unveiled in Moscow on Frida..
Added : 8 hours ago
French president enacts contested labour reforms
PARIS: President Emmanuel Macron on Friday signed sweeping changes to ..
Added : 9 hours ago
UAE Rulers greet Saudi King on National Day
Added : 10 hours ago
Dubai Abulhoul hosts knowledge-sharing session for ZU students
Dubai: As part of the “Qudwa” initiative, Dubai Women Establishment (D..
Added : 10 hours ago
LPG blast damages flats
Sharjah: An Asian in his 50s sustained medium injuries when a cooking ..
Added : 10 hours ago
Mohamed Bin Zayed offers condolences on death of Fatima
AL AIN: His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince ..
Added : 12 hours ago
India using chilli sprays on Rohingya refugees: Officials
NEW DELHI: India has stepped up security along its largely porous east..
Added : 10 hours ago
Advertise | Copyright