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Discount and luxury retailers prosper and pull away from the rest of the market


Saturday, April 19, 2014
News Making Money

Global Powers of Consumer Products 2014

18/04/2014 16:34 (22:16 minutes ago)

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The FINANCIAL -- Despite a slowdown in the global economy, the world’s 250 largest consumer products companies generated sales in excess of $3.1 trillion in fiscal 2012.

OP-ED
Life after Misha? Five countries attitudes Georgia’s future without Saakashvili
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The FINANCIAL -- After two years, long time columnist Frank Klobucar is leaving Georgia and he will no longer be contributing to this premier newspaper.

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Banks
Counting the cost of education

19/04/2014 09:27 (05:23 minutes ago)

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The FINANCIAL -- Most parents see paying for education as the best financial support they can offer their children, according to new research from HSBC .

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Politics
Parliament issues strong call for EU lobby transparency register to become mandatory

16/04/2014 16:53 (2 Day 21:57 minutes ago)

The FINANCIAL -- The report approved by MEPs gives an important signal to the European Commission that a far more ambitious approach is needed to secure genuine lobby transparency in the EU, according to EUbusiness Ltd.

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TRAVEL BIZ
American Express Reports First Quarter EPS of $1.33, Up 16 Percent from a Year Ago

19/04/2014 14:24 (00:26 minutes ago)

The FINANCIAL -- American Express Company reported first-quarter net income of $1.4 billion, up from $1.3 billion a year ago. Diluted earnings per share rose 16 percent to $1.33, from $1.15 a year ago, according to the American Express Company.

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World News
Helping Bulgarian farmers to become landowners

19/04/2014 11:39 (03:11 minutes ago)

The FINANCIAL -- The EBRD is providing a €5 million to loan to Elana Agrocredit AD to co-finance the development of Bulgaria’s agricultural land market.

The World Bank Supports Small and Medium-sized Businesses in Tunisia

19/04/2014 10:29 (04:21 minutes ago)

The FINANCIAL -- The World Bank approved an additional loan for US$100 million for Micro, Small and Medium Enterprises (MSMEs) in Tunisia.

EBRD loans to boost energy efficiency and support competitiveness of Macedonian companies

16/04/2014 16:42 (2 Day 22:08 minutes ago)

The FINANCIAL -- The EBRD has teamed up with Macedonian bank, NLB Tutunska banka, to increase the competitiveness of the Macedonian private sector and to promote energy efficiency in the country with a €6 million financing package, according to EBRD.      

EBRD helps modernise Baltic freight handling

16/04/2014 16:29 (2 Day 22:21 minutes ago)

The FINANCIAL -- A €32.5 million loan from the EBRD to Klaipedos Smelte, the company operating the container terminal at Klaipeda port in Lithuania, helped modernise its freight handling capacities and upgrade the whole Baltics region as a transit hub, according to EBRD.

CityLife
Africans among the most morally opposed to contraception

19/04/2014 08:33 (06:17 minutes ago)

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The FINANCIAL -- Speaking to bishops from Tanzania last week, Pope Francis praised church workers in Africa “who strive diligently to educate people in the area of sexual responsibility and chastity” with the aim of preventing HIV and AIDS.



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PR Releases
PASHA Bank Financed Trade Finance Conference

14/04/2014 09:36 (5 Day 05:14 minutes ago)

The FINANCIAL -- PASHA Bank in Georgia, a full-service corporate bank, has sponsored a Trade Finance Conference  held at Radisson Blu Iveria hotel, organized in cooperation with the International Chamber of Commerce (ICC) Georgia .

Markets
Major Cloud Service Providers Slash Prices; Threaten Smaller Players’ Existence: IDC Warns

19/04/2014 13:40 (01:10 minutes ago)

The FINANCIAL -- In the last week of March, major Cloud Service Providers (CSPs) in Asia dropped their prices for core services dramatically and IDC believes that this will make it very difficult for smaller CSPs to remain in business if they continue to rely on provision of basic, undifferentiated services, according to International Data Corporation (IDC).

Jobs
Philippines: Further reforms to strengthen growth, create more and better jobs

11/04/2014 12:00 (8 Day 02:50 minutes ago)

The FINANCIAL -- The Philippines is likely to remain as one of the fastest growing economies in the East Asia and Pacific region in the next two years.

Oil&Auto
Shell announces Malaysia deep-water gas discovery

19/04/2014 12:52 (01:58 minutes ago)

The FINANCIAL -- Shell announced an exploration discovery offshore Malaysia. The successful ‘Rosmari-1’ well is located 135 kilometres offshore in Block SK318, and was drilled to a total depth of 2,123 metres, according to Shell.

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