The FINANCIAL

Yahoo! acquires social media sports website

18/03/2010 10:28 (23:28 minutes ago)

The FINANCIAL -- As part of its ongoing commitment to be the center of people's online lives, Yahoo Inc. (NASDAQ:YHOO) on March 17 announced it has signed a definitive agreement to acquire Citizen Sports, a company that brings the world of sports to fans' favorite social networking sites and mobile devices through innovative applications.

Unicredit Q4 profit down 27% beating estimates

17/03/2010 13:34 (1 Day 20:22 minutes ago)

The FINANCIAL -- Unicredit SpA, Italy's largest bank, on March 17 said that its fourth-quarter net profit fell 27% due to a decline in interest income.

OP-ED

OPEC says global oil demand to rise more quickly than expected in 2010

The Organization of the Petroleum Exporting Countries said that it now expects world oil demand to grow by 900,000 barrels a day in 2010.
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Banks

Wachovia Bank, N.A. Settles Previously Disclosed Compliance Matters

18/03/2010 17:49 (16:07 minutes ago)
The FINANCIAL -- Wachovia Bank, N.A., said on March 17 that it has entered into agreements with the U.S. Department of Justice and banking regulators concerning previously disclosed compliance matters that occurred prior to its acquisition by Wells Fargo & Company.
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Politics

Bakradze: 'Large Number' of Int'l Observers to Monitor Local Elections

18/03/2010 17:54 (16:02 minutes ago)
Cicil,Ge -- "A very large number" of international observers are expected to arrive in Georgia to monitor May 30 local elections, Davit Bakradze, the Georgian parliamentary chairman, said on March 18.
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World News

Another major offensive kicks off in southern Afghanistan

18/03/2010 14:42 (19:14 minutes ago)

The FINANCIAL -- KABUL. Another joint offensive against Taliban militants began in Afghanistan's southern Kandahar province late on March 17, a source in Afghanistan's defense ministry reported.

Estonian newspapers protest 'loss of press freedoms'

18/03/2010 14:02 (19:54 minutes ago)

The FINANCIAL -- TALLINN. Leading Estonian newspapers carried blank pages on March 18 in protest against what they say is a crackdown on press freedoms, national media reported.

Hillary Clinton arrives in Moscow for arms cuts, Mideast talks

18/03/2010 11:14 (22:42 minutes ago)

The FINANCIAL -- U.S. Secretary of State Hillary Clinton arrived in MOSCOW on March 18 to discuss a new strategic arms cuts deal and take part in a meeting of the Middle East Quartet of international mediators, according to RIA Novosti.

Washington to unveil new U.S. nuclear doctrine soon - official

18/03/2010 10:55 (23:01 minutes ago)

The FINANCIAL -- Accoridng to RIA Novosti, the new U.S. nuclear doctrine will be send for review by the Congress within a month, a senior U.S. defense official said.

CityLife

German rock band Scorpions performs farewell concert in Moscow

18/03/2010 10:58 (22:58 minutes ago)

The FINANCIAL -- According to RIA Novosti, the legendary German rock band Scorpions will present on March 18 its farewell album Sting In The Tail in the Russian capital a day before its official world release.

TRAVEL BIZ »
Common Aviation: Georgia and the European Union OPEN Savings Partnership Launched with Two Weeks of Free Wi-Fi for All AirTran Travelers InterContinental Hotels net profit down 19%

PRESS RELEASES »
EBRD President Mirow visits Georgia The Georgian Entrepreneurs Confederation Carrying out New Projects ICC-Georgia Second General Assembly and Elections

FINANCIAL »
Coca-Cola Plans To Buy Stake In Nidan, Challenging Pepsi In Russia Nike Shares Rise After Profit More Than Doubles Harris Poll: Only 12% believe the economy is growing

UKRAINE »
High growth of agricultural production in Ukraine Ukraine increased grain share by 0.7% in the general commodity exports Ukraine increased production of nitrogenous fertilizers by 20%

GEORGIA »
Georgian vice prime minister to brief OSCE on March 19 IFC Increases Support to Smaller Businesses in Georgia to Help Crisis Recovery EBRD: New railway bypass in Tbilisi

WORLD »
UPDATE: Eight Die, Eight Taken To Hospital After Explosion In Luhansk Hospital No. 7 Jobs Report Shows Improvement IFJ Calls for Global Show of Solidarity in Demanding Justice for Philippine Massacre Victims

BANKS »
Unicredit Q4 profit down 27% beating estimates Bank of Georgia and Visa International offer an Opportunity to attend the 2010 World Football Champi RBS posts a loss of £3.6bn but still to pay £1.3bn in bonuses

BUSINESS »
Aviva announces entry into Indonesian market Zurich North America Commercial introduces new Errors & Omissions policy for employed lawyers Dutch insurer Eureko targets Turkey, mulls sales

TECH »
VimpelCom posts $283 mln US GAAP fourth quarter net profit Amazon puts Kindle on Macs, says iPad version will come soon Motorola's Fixed Wireless Broadband Solutions Bring High-Speed Internet Connectivity to Hardee Count

MARKETS »
Visual Trader and Atrium Network connect their networks to offer connectivity to the Spanish Exchang Nasdaq acquires Nordic power exchange Nord Pool NASDAQ OMX Appoints Mary McDermott-Holland as Vice President of Transaction Services Business

B SCHOOLS »
LSE: Politics experts predict hung parliament at next UK election GAU Has New Offers for Entrants of the 2010/2011 Academic Year India: Australian unis take out top three spots

SPECIAL REPORTS »
Kazakhstan at a Crossroads Television in Georgia – Ownership, Control and Regulation Georgia/Russian Federation: The impact of the war one year on

PR Releases

EBRD President Mirow visits Georgia

18/03/2010 10:38 (23:18 minutes ago)

EBRD President Thomas Mirow will visit Georgia on the 17th March 2010 as part of his three day trip to the South Caucasus.

Markets

Visual Trader and Atrium Network connect their networks to offer connectivity to the Spanish Exchang

18/03/2010 16:14 (17:42 minutes ago)

The FINANCIAL -- Atrium Network , provider of smarter connectivity for the financial community, and Visual Trader (VT), a technological company owned by Bolsas y Mercados Españoles (BME), announced on March 17 that they are offering connectivity to the Spanish Exchange by connecting their respective networks.

Jobs

ICC: 1.2m jobs to be lost to piracy

18/03/2010 11:44 (22:12 minutes ago)

The FINANCIAL -- A new study released on March 17 by the International Chamber of Commerce’s BASCAP (Business Action to Stop Counterfeiting and Piracy) initiative projects an alarming rise in piracy-driven job loss figures in Europe’s creative industries.

TRAVEL BIZ

British Airways Union Gains Global Support

18/03/2010 15:26 (18:30 minutes ago)
The FINANCIAL -- Unite, the union representing British Airways PLC cabin crew, has received wider backing from unions around for a walkout due to begin this weekend.
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Holiday Inn makes Hospitality History with the relaunch of the 2,000th hotel

18/03/2010 14:38 (19:18 minutes ago)
The FINANCIAL -- On March 18 InterContinental Hotels Group (IHG) announced the relaunch of its 2000th Holiday Inn hotel, the Holiday Inn Express Edinburgh - Waterfront, in Scotland.
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Oil&Auto

Porsche tops Power Auto Dependability Study

18/03/2010 16:35 (17:21 minutes ago)
The FINANCIAL -- Porsche made it to the top of J.D. Power and Associates' annual Vehicle Dependability Study, overtaking U.S. and Japanese rivals.
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INSURANCE

Aviva announces entry into Indonesian market

18/03/2010 13:56 (20:00 minutes ago)
The FINANCIAL -- Aviva plc (“Aviva”) on March 18 announces its entry into the Indonesian insurance market through a joint venture agreement with PT Asuransi Wahana Tata.
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