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Google to build new private subsea cable between Portugal and South Africa
Mon, Jul 01, 2019
Google is reportedly building a new private subsea cable that will connect Portugal and South Africa. As TechCrunch reports, the new project, called Equiano, will be built by Alcatel Submarine networks and will be able to carry 20 times the capacity of the last cable built to serve in the region. The first phase is expected to be completed in 2021.
3 nations, 4 days, 33 hours of flying: What PM Narendra Modi did on his tour
Wed, Jun 28, 2017
Britannia signs MoU with Greek bakery company Chipita; in talks to form joint venture
Tue, Feb 21, 2017
Britannia on Tuesday said it has signed an memorandum of understanding (MoU) with Greece's cakes and confectionery major Chipita and it is in talks with the company to finalise joint venture.
Portugal's CGD bank boss quits after weeks of pressure
Mon, Nov 28, 2016
The board chairman of Portugal's troubled state-owned Caixa Geral de Depositos (CGD) bank has resigned after weeks of pressure as he refused to declare his assets, the government announced late on Sunday.
EU says Italy at risk of breaking budget rules
Wed, Nov 16, 2016
The European Commission said Wednesday that draft budgets from Italy and seven other eurozone countries risk breaking EU rules, setting up a row with Prime Minister Matteo Renzi ahead of a crucial referendum.
SUVs clock nearly 23% of global sales in 2015
Thu, Sep 08, 2016
Sports utility vehicles (SUVs) segment has become the fastest growing automotive vehicle in 2015 by clocking nearly 23% of light vehicle sales globally, according to a latest report.
India jumps 19 places in 2 years on World Bank’s Logistic Performance scale
Wed, Aug 31, 2016
India has moved up 19 places to 35th position on World Bank’s Logistics Performance Index (LPI) 2016 report. In its report entitled ‘Connecting to Complete 2016,’ World Bank has announced the LPI status of different countries where Germany ranked first with an LPI score of 4.23.