Mostly Asian expat workers end rare UAE strike: company

Asian labourers work at the construction site of a new track for the Dubai Metro, on May 22, 2013
Asian labourers work at the construction site of a new track for the Dubai Metro, on May 22, 2013
(©AFP)

Thousands of mainly Asian expatriate workers in the United Arab Emirates have ended a strike they began at the weekend in a rare stoppage aimed at improving their conditions, their employer said Wednesday.

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Qatar buys into Milan skyscraper project

A view over Milan from the 31st floor of the Pirelli tower on June 25, 2012
A view over Milan from the 31st floor of the Pirelli tower on June 25, 2012
(©AFP)

Qatar’s sovereign wealth fund has bought a 40-percent stake in a new 290,000-square metre skyscraper project near the centre of Milan with a commercial value of 2.0 billion euros ($2.6 billion), the companies said on Friday.

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Japan firms to build Mongolian international airport

Japan's Prime Minister Shinzo Abe (R), pictured upon arrival in Ulan Bator, on March 30, 2013
Japan's Prime Minister Shinzo Abe (R), pictured upon arrival in Ulan Bator, on March 30, 2013
(©Jiji Press/AFP/File)

Two Japanese companies said on Monday they will build Mongolia’s second international airport as Tokyo steps up business ties with the mineral-rich country.

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Israel approves 296 West Bank settler homes

An Israeli settler gestures as she walks past workers evacuating their homes in Ulpana, in June, 2012
An Israeli settler gestures as she walks past workers evacuating their homes in Ulpana, in June, 2012
(©AFP/File)

Israel has given the go-ahead to build nearly 300 homes in the settlement of Beit El near Ramallah, a spokesman said, in a move likely to spark tensions as Washington seeks to rekindle peace talks.

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Israel PM freezes tenders for new W Bank settler homes

Palestinians protest near the Jewish settlement of Maale Adumim in the Israeli-occupied West Bank, January 12, 2013
Palestinians protest near the Jewish settlement of Maale Adumim in the Israeli-occupied West Bank, January 12, 2013
(©AFP/File)

Israeli Prime Minister Benjamin Netanyahu has ordered a freeze on publishing tenders for new West Bank settler homes to avoid hampering US efforts to renew peace talks, army radio reported on Tuesday.

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Hochtief sells airports business

Cranes of German construction group Hochtief  at a construction site on March 22, 2012 in Essen,  Germany
Cranes of German construction group Hochtief at a construction site on March 22, 2012 in Essen, Germany
(©AFP/File)

German construction giant Hochtief said Tuesday it has agreed to sell its airport management business Hochtief AirPort to Canadian pension fund PSP Investments for 1.1 billion euros ($1.4 billion).

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Six million jobs lost in EU since 2008: ILO

People queue outside a government employment office in Madrid on October 26, 2012
People queue outside a government employment office in Madrid on October 26, 2012
(©AFP/File)

European Union economies have shed almost six million jobs since the global economic crisis struck in 2008, the International Labour Organisation said Monday.

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