Intel plans $5billion investment for upgrade of Israeli plant 

​Intel Corp plans to invest $5 billion to expand production at its Kiryat Gat plant in southern Israel, Israeli Economy Minister Eli Cohen said on Wednesday after talks with the U.S. chipmaker. Intel, would start expanding the plant this year and work would be completed in 2020, the minister said in a statement. The U.S.… Read More Intel plans $5billion investment for upgrade of Israeli plant 

General Motors plans decade investment of $2.8billion in South Korea

​General Motors (GM) has proposed an investment of $2.8 billion into its loss-making South Korean operations over the next 10 years and has asked Seoul to provide its share of the funds, a South Korean government official said on Wednesday. The U.S. automaker announced last week it would shut down a factory in Gunsan, southwest… Read More General Motors plans decade investment of $2.8billion in South Korea

Dana Air passenger plane lands in bush after overshooting Port-Harcourt Airport runway

Forty-nine passengers on Tuesday escaped death after a Dana Air plane overshot the runway of the Port Harcourt Airport. Mrs Henrietta Yakubu, General Manager, Corporate Affairs, Federal Airports Authority of Nigeria (FAAN) confirmed the incident in a statement issued in Lagos. Yakubu said: “A Dana aircraft flight 9J0363, flying from Abuja to Port Harcourt airport,… Read More Dana Air passenger plane lands in bush after overshooting Port-Harcourt Airport runway

Five policemen, soldier killed as gunmen attack police station in South Africa

Gunmen killed six people in an attack on a police station in a small South African town on Wednesday, stealing quantities of weapons and a vehicle in what police were treating as a robbery. Five police officers and an off-duty soldier were killed in the attack in Nqcobo, about 800 km (480 miles) southeast of… Read More Five policemen, soldier killed as gunmen attack police station in South Africa