Business : Page 731

Possible cash shortage in Germany due to money transport drivers strike

January 3, 2019 Retailers and ATMs in Germany might face a cash shortage on the first working day of the year as money transport drivers have gone on strike, Germany\'s second largest workers\' unions ver.di announced on Wednesday.

UK rail fares rise in new year amid protests

January 3, 2019 British rail fares rose around 3.1 percent from Wednesday, according to a latest announcement issued by Transport for London.

Germany in talks with carmakers on upgrading diesel exhausts

January 2, 2019 Talks between the German government and carmakers about updating exhaust emissions filtering systems on older diesel cars to avoid vehicle bans are ongoing, a transport ministry spokeswoman said on Wednesday.

Russia to invest $84 billion on roads and transport network

January 2, 2019 Russia plans to spend a record amount on developing its road and transport network for the 2019-2021 period.

Russian crude oil output reaches record 11.16 million bpd in 2018

January 2, 2019 Russian oil production rose to a post-Soviet record high of 11.16 million barrels per day (bpd) in 2018, exceeding for the first time the 11 million bpd annual average mark, data from its energy ministry showed on Wednesday.

Russia's VAT rate officially rises to 20 percent

January 2, 2019 Russia\'s value-added tax (VAT) rate was officially increased to 20 percent from 18 on Tuesday, according to a law signed by Russian President Vladimir Putin.

Sanctions cost Venezuela 20 billion USD in 2018

January 2, 2019 International sanctions against Venezuela cost the South American country 20 billion U.S. dollars in 2018, President Nicolas Maduro said.

Disclosures will make UK companies justify their pay for top bosses

January 2, 2019 New regulations ceme into force in the UK to improve transparency on executive pay.