International

• Wednesday, September 3rd 2014 - 05:50 UTC

  Barclays moves out of Spain; sells operations to CaixaBank for 800 million Euros

  

  Spain’s third-biggest lender, CaixaBank SA agreed to buy Barclays Plc banking operations in the country for about 800 million Euros (1.1 billion) in cash to expand its business as economic growth picks up. The sale includes consumer, wealth and investment management and corporate banking businesses, Barcelona-based CaixaBank said in a statement.

• Wednesday, September 3rd 2014 - 05:36 UTC

  Spain's unemployment remains stubbornly high: 4.5 million in August

  

  A total of 8,070 people joined Spain's jobless queues in August, the first rise in unemployment after six months of improvement, official figures released on Tuesday show. The rise means there were 4,427,930 Spaniards registered as looking for work at the country's unemployment offices at the end of August, Spain's employment ministry figures show.

• Wednesday, September 3rd 2014 - 05:26 UTC

  UK and Germany main beneficiaries of Spain's brain drain

  

  Spain is among the European countries hardest hit by the so-called 'brain drain' effect with thousands of professionals including nurses and teachers taking steps to leave the country in recent years, new figures from the European Union show.

• Tuesday, September 2nd 2014 - 22:49 UTC

  Ebola outbreak in Congo is the indigenous 'Zaire strain' and not connected to West Africa

  

  Results from virus sequencing of samples from the Ebola outbreak in the Democratic Republic of Congo (DRC) have been analyzed and they belong to the so called Zaire strain, in a lineage most closely related to a virus from the 1995 Ebola outbreak in Kikwit, DRC.

• Tuesday, September 2nd 2014 - 20:01 UTC

  Why the debate over energy storage utterly misses the point

  

  The debate over which energy storage technology will prove to be the best in the long-term is woefully misguided. Many technologies have been tested in the field or been fully installed, but their real-world applications have created constant questions around a number of fixed themes: the three-points concern cost, technology, and potential environmental impact, as well as the need for specific regulation and end-of-life management.

• Tuesday, September 2nd 2014 - 19:53 UTC

  New Zealand increases hoki TAAC following successful stock conservation management

  

  The Deepwater Group says the increase in the total allowable commercial catch (TACC) for hoki shows the benefits of a long term commitment to build biomass in this major New Zealand fishery. An increase in the hoki catch, from 150,000 to 160,000 tons, was announced on at the Seafood Industry Conference in Wellington by the Minister for Primary Industries Nathan Guy.

• Tuesday, September 2nd 2014 - 08:36 UTC

  Dragui and Hollande agree to spur demand and head off the risk of deflation

  

  French President Francois Hollande and Mario Draghi the head of the European Central Bank (ECB) have agreed that European demand must be lifted to head off a risk of deflation, French officials said.

• Tuesday, September 2nd 2014 - 08:11 UTC

  Falkland Islands attendance of Bird Fair in Egleton proved a huge success

  

  This year’s Bird Fair in Egleton, Rutland, had even more exhibitors than ever and was certainly worth Falkland Islands Holidays (FIH) attending, said Jenny Luxton of FIH who anticipated that the coming season is looking very busy based on the interest shown by visitors to the stands.

• Tuesday, September 2nd 2014 - 07:43 UTC

  Falklands/Malvinas issue to be addressed by Mercosur parliament 11 November

  

  The Mercosur Parliament, Parlasur will be holding a special session next 11 November in Montevideo dedicated to the Falklands/Malvinas Islands sovereignty issue, it was announced this Monday in Buenos Aires during a visit of a delegation from the regional legislative to the Argentine congress.

• Tuesday, September 2nd 2014 - 07:36 UTC

  Pescanova seems to be turning around following a severe financial purge

  

  The approval of the creditors’ agreement considering reductions over 90% of the debt helped the Galician multinational firm Pescanova achieve a net profit of EUR 1,790 million in the first half of this year. The six-month accounts submitted to the Spanish National Securities Market Commission (CNMV) show the cancellation of the firm’s bulky insolvency has meant the entry of EUR 2,3 million, which in the accounts figure as income.