Current matter of ThyssenKrupp Executive Board

Dr. Jürgen Claassen (54), Member of the Executive Board of ThyssenKrupp AG, today has requested that the Supervisory Board suspend him from his duties as a Member of the Executive Board until further notice. Dr. Jürgen Claassen: “With this step, in the face of the current news coverage, I intend to keep damage away from …

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has released the estimates of Gross Domestic Product (GDP) for the second quarter (July-September) Q2 of 2012-13, both at constant (2004-05) and current prices, alongwith the corresponding quarterly estimates of Expenditure components of the GDP. The details of the estimates are presented below. I       ESTIMATES …

Security Threat from Chinese Telecom Equipments

The Government is aware about the Report of Permanent Select Committee on Intelligence of US Government titled “Investigative Report on US National security issues posed by Chinese Telecommunications Companies Huawei & ZTE”. It is a known fact that in the modern age, telecom equipment and networks used for provisioning of telecom services are prone to …

Index of Core Eight – Core Sector Performance

The Eight core industries have a combined weight of 37.90 per cent in the Index of Industrial Production (IIP).  The combined Index was 151.2 in October 2012 with a growth rate of 6.5% compared to their 0.4% growth in October 2011. The modest growth in October, 2012 was on account of double digit growth witnessed in the …

Botswana Diamonds plc [BOD] – Update on Botswana Exploration

Update on Botswana Exploration The board of Botswana Diamonds plc (AIM: BOD) (“Botswana Diamonds”) is pleased to provide an update on exploration progress on Botswana Diamonds’ wholly owned licence PL170/2012 in the Letlhakane area of Botswana. Detailed follow up ground gravity and ground magnetic surveys on a number of previously identified anomalies have outlined a …

worldsteel announces the 7th steeluniversity Challenge regional champions

Brussels, 30 November 2012 – The World Steel Association (worldsteel) announced today the regional champions of the 7th steeluniversity Challenge. The regional championship took place on 13 and 21 November 2012 over two 24 hour periods. This year’s competition attracted more than 42,600 attempts from 1,148 teams representing 37 different countries, an increase of 76% …

ShipNet announces additions to senior management team

Solutions and software specialist, ShipNet, a subsidiary of Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has announced the appointment of Jon Bumstead as Managing Director and Suren Thadani as Chief Operational Officer as senior additions to its management team. In their new roles, Jon Bumstead and Suren Thadani will focus on innovation, …