Friday , June 18 2021

Merkel coalition backs resolution urging split of ECB duties

Berlin / Bloomberg German Chancellor Angela Merkel’s coalition backed a resolution calling for a complete separation of the European Central Bank’s supervision of financial institutions from its monetary policy role. The lower house of parliament on Thursday voted in favor of the motion, which also urges the government to ensure ...

Read More »

The one shock Russia dodged is finally set to catch up with Putin in 2016

MOSCOW / Bloomberg After deflecting pressure in 2015 with salary reductions, part-time work and unpaid vacations, companies are increasingly opting to cut jobs as the economy enters its second year of contraction. As Russia’s biggest companies from carmaker AvtoVAZ to nuclear plant operator Rosenergoatom plan job cuts, Labor Minister Maxim ...

Read More »

DEWA receives ISO 10002:2014 certificate

DUBAI / WAM Dubai Electricity and Water Authority (DEWA) has received ISO 10002:2014 certification for providing guidance on the process for handling complaints about planning, design, operation, maintenance, and improvement of services. This accomplishment reflects DEWA’s commitment to employing the highest standards of availability, reliability and efficiency when providing customers ...

Read More »