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Turkish Airlines adds 5 new destinationsTurkish Airlines, the world's fourth largest flight network operating to 223 destinations in 99 countries, said it has added five new destinations this month. Th More… |
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Spanish unemployment tops 6 millionMore than six million Spaniards were out of work in the first quarter of this year, raising the jobless rate in the euro zone's fourth biggest economy to 27.2 per cent, the highest since records began in the 1970s. The huge su More… |
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Huawei unveils new solutions at Spain eventLeading ICT solutions provider Huawei introduced a series of new mobile ICT solutions during the recently held Mobile World Congress 2013 in Barcelona which the company anticipates will reshape the world’s telecommunications landscape. More… |
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Astronomers spy possible planet in stellar wombScientists have found what they believe to be a planet-in-the-making that is still gathering material left over from the formation of its parent star. The object appears as a faint blob nested inside a disk of gas and dust that sw More… |
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Etisalat launches low-cost messaging serviceUAE-based Etisalat has launched a new low-cost USSD messaging service, enabling millions of basic mobile phone users across Africa and Asia to join the online community. The service provides access to email, social networki More… |
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Etisalat, FC Barcelona renew partnershipUAE-based Etisalat Group has announced the renewal of a four-year partnership agreement with leading football club FC Barcelona. The agreement makes Etisalat the club’s official partner in the UAE, Nigeria, Saudi Arabia, the More… |
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Bankia hires Rothschild for stake saleBailed-out Spanish lender Bankia has hired Rothschild to help sell its stakes in companies, including power group Iberdrola and insurer Mapfre, as the bank rebuilds its capital. Bankia, which along with parent group BFA took 18 bi More… |
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Spain braces for 4,000 job cutsSpanish banking unions are braced for thousands of more job cuts this year, starting with redundancies at Spain's largest bank Santander after its merger with subsidiary Banesto. Unions said yesterday they expect between 3,000 More… |
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Spanish bank to wipe out 350,000 shareholdersSpanish lender Bankia will wipe out 350,000 shareholders, many of them small savers with little knowledge of financial markets, after it emerged it had a negative value of 4.2 billion euros ($5.6 billion). The measure is seen as vital if the nat More… |
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Top Spanish bank in $340m merger dealSpain's largest bank Santander will call an end to the 110 year-old Banesto brand as it fully absorbs its local subsidiary to cut longer-term costs, closing 700 branches. The all-share deal will cost Santander around 260 milli More… |
