Wednesday 29 July 2015
 
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India AIDS fight hit by funding crisis

India's fight against AIDS is being jeopardised by a cut in social spending by Prime Minister Narendra Modi's government, with health workers being laid off and programmes to prevent the spread of the deadly disease curtailed.

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WTO in $1.3 trillion deal to cut IT products import tariffs

The World Trade Organization finalised a list of 201 information technology products to be freed from import tariffs in a $1.3 trillion deal on Friday, but said it was still short of the critical mass of countries needed to put it into force.

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Britain cuts Lloyds stake as full privatisation looms

Britain has cut its stake in Lloyds Banking Group by a further percentage point to under 15 per cent, accelerating its drive to return the bailed-out lender to full private ownership. The latest sale means the government has so fa

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Tata Steel may cut up to 720 jobs in Britain

Tata Steel, Britain's largest steelmaker, may cut up to 720 UK jobs in a revamp of its speciality and bar business, which has been hit by cheap imports and high energy costs, it said on Thursday. Most of the jobs at risk are a

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Bahraini ministers urged to cut spending

Government ministers in Bahrain have been ordered to outline unnecessary administrative expenses, as part of plans to reduce public spending. The move, directed by His Royal Highness Prime Minister Prince Khalifa bin Salman Al Kha

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Saudi agricultural water use 'could reduce 70pc'

Saudi Arabia could cut its agricultural water consumption by up to 70 per cent such as in growing date palms, with the use of Dutch technology on efficient use of water, according to a report. Currently each date palm consumes rou

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‘Flexible training essential to back continued learning’

Businesses are operating in tough economic times, with budgets being significantly cut during the current industry downturn. When lowering costs is a key priority, learning and development budgets have historically been one of the

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Bahraini ministers urged to cut travel expenses

Bahraini government ministers should no longer be allowed to charge first class travel to their expense accounts if unnecessary spending is to be reduced, according to legislators. This could save the country millions of dinars an

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Spending rethink 'vital for subsidy cuts plan'

Bahrain’s government has been asked to justify its planned public spending in the budget for 2015 and 2016, as parliament and the Shura Council seek alternatives to subsidy cuts. Both chambers of the National Assembly yester

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Alternatives to subsidy cuts urged in Bahrain

Alternatives to subsidy cuts must be found as Bahrain seeks to rein in public spending, a joint meeting of MPs and Shura Council members announced yesterday (May 24). Shura Council financial and economic affairs committee chairman

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