Tuesday, January 6, 2009
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Citi Named Best Overall Internet Bank
03/01/2009 11:56  (3 Day 10:46 minutes ago)

citibank_.jpgThe FINANCIAL -- Citi announced it has been ranked the Best Overall Internet Bank and Best Corporate/Institutional Internet Bank Globally by Global Finance at its World's Best Internet Bank Awards Dinner held in New York.

  Credit Suisse Agrees to Sell Part of Global Investors business to Aberdeen Asset Management
  Bank of America Completes Merrill Lynch Purchase
  EBRD intends to sell shares in Polish Re
Gazprom's IFRS HY net profit up 80% to $19.6 bln
30/12/2008 10:44  (7 Day 11:58 minutes ago)

The FINANCIAL -- On 30 December 2008 OAO Gazprom issued its unaudited consolidated interim condensed financial information prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (IAS 34) for the six months ended 30 June 2008.

  U.S. Chamber Hails Costa Rica's Entry into CAFTA-DR
  Eurozone manufacturing activity hits record low
  Exports fall 25 percent in December
World News
John Travolta's Son Found Dead
03/01/2009 11:41  (3 Day 11:01 minutes ago)

The FINANCIAL -- According to NewYorkPost, John Travolta's 16-year-old son, Jett, died on January 2while the family was vacationing in the Bahamas, police said.

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Slovakia becomes 16th eurozone member
03/01/2009 11:11  (3 Day 11:31 minutes ago)

The FINANCIAL -- According to EU business, Slovakia adopted the euro as of January 2 to become the 16th member of the eurozone, exactly ten years after the single European currency was introduced.

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Israeli airstrikes kill 363 in four-day campaign in Gaza
30/12/2008 14:21  (7 Day 08:21 minutes ago)

The FINANCIAL -- GAZA/TEL AVIV, At least 13 Palestinians were killed and 40 wounded overnight as Israel continued to carry out airstrikes on Gaza overnight bringing the death toll to 363, a Palestinian emergencies official said on December 30.

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Israeli ships ram Gaza humanitarian aid boat
30/12/2008 14:20  (7 Day 08:22 minutes ago)

The FINANCIAL -- TEL AVIV, Israeli naval ships have reportedly rammed a boat, carrying 16 international human rights activists and humanitarian aid, the regional media and international organizations said on December 30.

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  Israeli airstrikes kill at least 10 more in Gaza
  Serbia ready to focus on future with Turkey
  In less than three days Slovakia adopts the euro; euro turns 10
Interviews
Internet Providing is the Main CSR for Caucasus Online

The FINANCIAL -- Iago Khachvani, Service Director of Caucasus Online , talked about the Corporate Social Responsibility of the company and underlined the priorities which could encourage the development of the company.

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  Bank Republic on CSR Activities and Mission for Upcoming Year
  LukOil: “European Quality for a European Future”
OP-ED
Banks
Credit Suisse Agrees to Sell Part of Global Investors business to Aberdeen Asset Management
03/01/2009 12:00  (3 Day 10:42 minutes ago)

The FINANCIAL -- Credit Suisse announced it had signed an agreement to sell part of its Global Investors ("GI") traditional asset management business in return for up to 24.9% of the enlarged share capital of Aberdeen Asset Management.

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  Bank of America Completes Merrill Lynch Purchase
  EBRD intends to sell shares in Polish Re
  Wells Fargo and Wachovia Merger Completed
Markets
NASDAQ OMX Welcomes Ener1 to The NASDAQ Stock Market
03/01/2009 10:15  (3 Day 12:27 minutes ago)

The FINANCIAL -- The NASDAQ OMX Group (Nasdaq:NDAQ) the world's largest exchange company, announced on January 2 that Ener1 has switched from NYSE Alternext to NASDAQ effective January 2, 2009. Ener1 will trade under ticker symbol HEV.

Read more...
  Borsa Italiana – 2008 market review
  The Spanish stock exchange traded €1.24 trillion in 2008
  NYSE to Suspend Fleetwood Enterprises, Inc. and Moves to Remove from the List
TRAVEL BIZ
Dubai tourism will rebound in '09
03/01/2009 11:47  (3 Day 10:55 minutes ago)

The FINANCIAL -- According to Gulfnews, the spreading gloom about the global economy in the last quarter of 2008 affected Dubai's tourism sector, otherwise it would have been a remarkable year for the city's holiday trade.

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International Cargo Down 13.5% in November - Passenger Declines by 4.6%
03/01/2009 09:43  (3 Day 12:59 minutes ago)

The FINANCIAL -- The International Air Transport Association (IATA) announced results for November showing a 4.6% drop in international passenger traffic and a 13.5% drop in international cargo.

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  British Airways Predicts Top Ten Far Flung Hotspots For 2009
  Jet Airways Welcomes The New Year With A Basket Of Offerings
  JetLite Announces New Year Fares Bonanza With Immediate Effect
Oil&Auto
Recessionary trend deepens Tata Motors domestic vehicle sales at 23,894 nos.
03/01/2009 10:43  (3 Day 11:59 minutes ago)

The FINANCIAL -- A deepening recessionary trend in the economy, coupled with continuing credit squeeze and high interest rates, has further depressed customer sentiments. As a result, automobile purchases are being severely impacted. Tata Motors’ domestic sales for the month of December 2008 were 23,894 nos., a decline of 44% compared to 42,977 nos. in December last year.

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  Honda Power Equipment Announces All-New Three-Year Warranty on Power Equipment Models
  Honda Engines Announces Three-Year Warranty on GX Series Engines
  Mercedes-Benz CLS Grand Edition: Exclusive style, concentrated elegance and exciting lines


CityLife
Paris Hilton's home burglarized
20/12/2008 12:24  (17 Day 10:18 minutes ago)

The FINANCIAL -- LAPD detectives were hunting December 19 for a thief who made off with an estimated $2 million worth of jewelry after ransacking the Mulholland Estates mansion of socialite Paris Hilton in a brazen overnight burglary.

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  Russia to get Disney Channel
  Madona settles divorse for $92 million
  Russia's Sukhinova wins Miss World 2008 title
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Politics
Signing of U.S.-Georgia Strategic Charter Postponed
03/01/2009 09:34  (3 Day 13:08 minutes ago)

The FINANCIAL -- According to Civil Georgia, signing of the U.S.-Georgia Charter on Strategic Partnership, originally planned for January 4 in Washington, has been postponed because of U.S. Secretary of State Condoleezza Rice’s planned visit to the Middle East, the Georgian Foreign Ministry said on January 2.

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  Diplomatic Efforts Continue over OSCE Mandate
  Constitutional Amendments Presented
  Lithuanian FM to Visit Georgia
INSURANCE
Munich Re: Catastrophe figures for 2008 confirm that climate agreement is urgently needed
30/12/2008 10:24  (7 Day 12:18 minutes ago)

The FINANCIAL -- A large number of tropical cyclones and the earthquake in Sichuan made 2008 one of the most devastating years on record. Although there was a drop in the number of loss-producing events compared with the previous year (from 960 to 750), individual catastrophes pushed up the numbers of victims and the losses appreciably.

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  Vienna Insurance Group to take over TBIH's shares in insurance companies in Albania,Bulgaria,Croatia
  Zurich to transfer its document management processes in Europe to Swiss Post
  Swiss Re Signs 20-Year, $1.5 Billion Letter Of Credit With JP Morgan
PR Releases
Bank of Georgia to receive IFC and EBRD support
31/12/2008 13:59  (6 Day 08:43 minutes ago)

The two IFIs to provide the bank with financial package worth up to $200 million.

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Postal VAT challenges
18/12/2008 20:00  (19 Day 02:42 minutes ago)

Press-Release (Via finchannel.com) -- Mail and messaging technology specialist Pitney Bowes is at the vanguard of the wider industry’s calls to ensure fairness and clarity in new EU-wide postal VAT principles that are likely to emerge from the European Court of Justice (ECJ) in 2009.

Read more...
  Statement on ICPJ to the Second Informal Consultation Between UN Member States, the PEC and the ICPJ


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