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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 (19:19 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 (02:26 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 19:00 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
Early seat reservation for an extra charge with selected Economy fares

18/04/2014 17:42 (18:11 minutes ago)

The FINANCIAL -- Early seat reservation for passengers booked in selected booking classes (designated W, S, T, L, K) will incur a €25 per seat charge on long-haul flights in the future.

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World News
Helping Bulgarian farmers to become landowners

19/04/2014 11:39 (00:14 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 (01:24 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 19:11 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 19:24 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 (03:20 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 02:17 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
Private Sector Driving U.S. Wind Market Forward

18/04/2014 16:46 (19:07 minutes ago)

The FINANCIAL -- The onshore wind energy sector is booming in the United States, where there's enough of the renewable resource on hand to meet the annual demands for 15 million homes. It may take one of the biggest retailers in the world, however, to usher in the necessary change in energy consumption, according to The NASDAQ OMX Group, Inc., exchange company.

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

11/04/2014 12:00 (7 Day 23:53 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
Chevrolet Cruze Named Diesel Car of the Year

16/04/2014 17:40 (2 Day 18:13 minutes ago)

The FINANCIAL -- Diesel enthusiasts around the world have determined the 2014 Chevrolet Cruze Diesel is the top diesel car of the year and Chevrolet is the top diesel manufacturer of 2014, according to General Motors.

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