VENTURE CAPITAL POST

The government has approved swapping of coal supplies between the public and private sector companies with the aim of augmenting the availability of fuel and reducing transportation charges.

A comparison in the compensation of government and private sector in Canada revealed a 10.6% wage gap. Public sector workers are found to get paid more and enjoy more benefits. The report also stated that workers in the public sector have better retirement programs and are less likely to experience job loss.

The data released in a report by the European Central Bank on Friday saw the hesitation of financial institutions in extending credit to households and businesses despite the economic recovery of the Euro Zone.

Despite positive Purchasing Managers Index data in both the manufacturing and services sectors, Markit's recent industry report also reflected a slowdown of hiring in the private equity sector.

Japan, stretched to the limit because of the increase in foreign exchange funds, is studying to have the private sector manage the funds.