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Tag Archives: November

Ryanair shares hit all time high as passenger numbers up by 20pc

DUBLIN: Ryanair shares rose to all time high after its passenger numbers surged for a second successive month and the airline’s expanding fleet had fewer empty seats than a year ago. Ryanair said 20% rise in passenger numbers for December as it carried 6.02 million passengers last month compared to 5.02 million in December 2013. Ryanair’s load factor or how ... Read More »

China’s Nov industrial profits drop by 4.2%

SHANGHAI: Profits of Chinese industrial businesses dropped 4.2 percent in November to 676.12 billion yuan ($108.85 billion), the biggest annual decline since August 2012 as the economy hit major unexpected headwinds in the second half. Despite last month’s drop, profits for January to November were 5.3 percent higher than in the first 11 months of 2013, according to the National ... Read More »

Taiwan gets less exports order in Nov, rises by 6% YoY

TAIWAN: The expectations for the November export orders of Taiwan have gone wrong as the export orders given this year are less than they were predicted to be a year ago, showed Ministry of Economic Affairs. Exports orders in U.S. dollars increased 6 percent year-on-year, slower than the economists’ forecast for 8.3 percent growth. In October, orders rose 13.4 percent. ... Read More »

42-paisa per unit cut: K-Electric ordered to share Rs5.421b with consumers

ISLAMABAD: Top power sector watchdog the National Electric Power Regulatory Authority (Nepra) ordered K-Electric to shares benefits of Rs5.412billion from its profits with its consumers and provide them immediate relief. According to reports, the Nepra’s decision comes as part of a mechanism included in K-Electric’s approved tariff in 2009, under which the power distribution company is bound to pass on ... Read More »