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Saudi contractors' advance payments cut

Saudi Arabia's finance ministry has cut advance payments to firms doing construction work for the government to five per cent of the contract value from 20 per cent, a newspaper reported on Wednesday in a fresh sign of a clampdown on state s

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LG to unveil advanced refrigerators line at IFA

LG Electronics is set to unveil its latest line of advanced refrigerators that have been specifically designed with European consumer in mind at the leading trade show for consumer electronics IFA 2015 in Berlin.  

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Copper demand to grow 4.2pc to $261bn

Global demand for copper metal, that is produced from refined copper and recycled scrap, is projected to advance 4.2 per cent per year through to 2019 to 36 million metric tonnes, valued at $261 billion, according to a recent trend.

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Cabinets demand to hit $64bn, up 5.5pc per year

The demand for cabinets worldwide is set to reach $64 billion in 2018, on advances of 5.5 per cent per year, according to a new study. ‘World Cabinets,’ the study from the Cleveland-based industry market research firm

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Orange, Ericsson complete LTE-advanced FDD trial

Orange and Ericsson have completed the world’s first live LTE-advanced feature-driven development (FDD) trial in the 3.4 – 3.6 GHz band in Bordeaux. The live trial was authorized by the French regulator ARCEP and was c

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Heavy fighting as Iraqi forces advance in Basra

Heavy fighting broke out in the southern Iraqi city of Basra on Saturday, where government forces seized a neighbourhood known as a stronghold of fighters loyal to anti-US Shi'ite cleric Moqtada Al-Sadr. The sound of heavy gunfire and expl

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