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Wednesday, March 17, 2010
News Making Money

5 Contenders for Presidency in Breakaway Abkhazia

05/11/2009 10:24 (131 Day 19:52 minutes ago)

The FINANCIAL -- According to Civil Georgia, five candidates have been nominated to run in presidential elections in breakaway Abkhazia planned for December 12, local news agency Apsnipress reported.

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Incumbent Abkhaz leader, Sergey Bagapsh, will compete for re-election with Raul Khajimba, former vice-president of the breakaway region; a former lawmaker and businessman Beslan Butba, who is leader of Party of Economic Development; head of state-owned Abkhaz Shipping Company Zaur Ardzinba and a scholar Vitaly Bganba.

 

Deadline for nominating candidates has already expired and the breakaway region’s central election commission will have to formally register contenders before November 12.

 

 

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Politics
British Ambassador on Imedi TV’s Fake Report

16/03/2010 12:59 (17:17 minutes ago)

Civil.Ge -- Denis Keefe, the British ambassador to Georgia, expressed protest about use of archive footage of him in, as he put it, “irresponsible” Imedi TV’s fake report and said it was “discourtesy” to him.

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World News
String of quakes continue to rock Chile

16/03/2010 16:02 (14:14 minutes ago)

The FINANCIAL -- A 6.6-magnitude earthquake, the fourth during the night, hit Chile in the early hours of March 16 morning, a RIA Novosti correspondent reported.

Rasmussen Reports: 55% View Michelle Obama Favorably

16/03/2010 15:19 (14:57 minutes ago)

The FINANCIAL -- Fifty-five percent (55%) of U.S. voters now have a favorable opinion of Michelle Obama, down five points from early February. That includes 32% who view her very favorably.

U.S. special envoy postpones visit to Middle East

16/03/2010 14:49 (15:27 minutes ago)

The FINANCIAL -- TEL AVIV. U.S. Middle East envoy George Mitchell has postponed his visit to the turbulent region due to straining ties between the United States and Israel over plans for new settlement construction in the Palestinian territories, an Israeli presidential spokesman said on March 16.

Small plane lands on beach in U.S., kills jogger

16/03/2010 12:52 (17:24 minutes ago)

The FINANCIAL -- According to RIA Novosti, a man was killed in the U.S. state of South Carolina when a small plane made an emergency landing on the beach where he was jogging, a local paper has said.

CityLife
'Alice in Wonderland' tops Box Office for Second Straight Weekend earning $62 million

15/03/2010 14:10 (1 Day 16:06 minutes ago)

alice2.gifThe FINANCIAL -- Director Tim Burton's 3-D "Alice in Wonderland" topped the box office for the second straight weekend earning $62 million, according to studio estimates.

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Markets
ASX Group Executive Changes

15/03/2010 15:56 (1 Day 14:20 minutes ago)

The FINANCIAL -- The Managing Director and CEO, Robert Elstone, on March 15 announced a number of changes to the organisational structure and Group Executive responsibilities within the ASX group.

Jobs
Turkey: Unemployment rate decreases slightly in December

16/03/2010 13:04 (17:12 minutes ago)

The FINANCIAL -- Challenged by high rates of unemployment, Turkey saw a jobless rate of 13.5 percent in December, a 0.5 percentage point drop compared to December 2008, a recent survey has shown.

TRAVEL BIZ
Union offers British Airways to return to talks over strike

16/03/2010 17:18 (12:58 minutes ago)

The FINANCIAL -- The Unite union that  represents British Airways PLC's cabin crew, on March 16 said that it is ready to meet British Airways and return to talks to avoid the strike.

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STR: Hotel Industry Pulse Index edges upward

16/03/2010 12:37 (17:39 minutes ago)

The FINANCIAL -- The Hotel Industry Pulse Index (HIP) posted a slight recovery in February, according to economic research firm e-forecasting.com in conjunction with STR. After edging down 0.5 percent in January, HIP improved 1.3 percent in February. 

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Oil&Auto
Shell to boost production by 11 % by 2012, plans to cut a further 1,000 jobs

16/03/2010 15:48 (14:28 minutes ago)

The FINANCIAL -- Anglo-Dutch oil major Royal Dutch Shell PLC said it expects output to rise by 11 percent to 3.5 million barrels of oil equivalent a day by 2012. “We are making substantial investments in new projects to drive Shell’s financial performance,” Chief Executive Officer Peter Voser said today in a statement, according to Bloomberg. “We have a tremendous opportunity set for the 2015-2020 timeframe.”

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INSURANCE
Zurich: Pierre Goad appointed Global Head of Corporate Communications

16/03/2010 12:47 (17:29 minutes ago)

The FINANCIAL -- Zurich Financial Services Group (Zurich) announced on March 16 the appointment of Pierre Goad (48, Canadian and British citizen) as its Global Head of Corporate Communications, effective from May 1, 2010.

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