KEPCO to cut 14.7tr won in debt over next 3 years
Seoul - Yonhap
Korea Electric Power Corp. (KEPCO), South Korea's state-run energy company under pressure to improve its financial health, said Sunday it will reduce its debts by 14.7 trillion won (US$13.8 billion) over the next three years . KEPCO's debt-cutting plan comes as the government is trying to normalize heavily-indebted public organizations. Eighteen state entities, including KEPCO, were put under scrutiny for their mounting debts and ordered to submit detailed blueprints on how they would reduce their liabilities. The finance ministry said it rejected the plans from five organizations who were told to take more intensive steps. KEPCO's plan was given a go-ahead.
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Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
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Beirut - NNA
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Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
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Paris - Al Maghrib Today
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To 'eternal style' of late Alaia
Paris - Al Maghrib Today
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