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U.S. Chamber Releases Global Antitrust Survey Results


Thursday, April 24, 2014
News Making Money

Cement Market Narrows

21/04/2014 00:00 (3 Day 06:22 minutes ago)

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The FINANCIAL -- Leader Cement, a new company in the cement industry, has entered into technical partnership with French company Lafarge, world leader in building materials, specializing in cement, construction and aggregates. 

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Hospitality Industry Boom in Georgia

21/04/2014 00:00 (3 Day 06:22 minutes ago)

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The FINANCIAL -- There is an unprecedented boom happening in the hospitality industry in emerging markets worldwide, including Georgia, according to Jeffrey Catrett from the Institut Paul Bocuse, for the MSc in International Hospitality Management at EMLYON business school.

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Lowest Interest Rate for Mortgages Offered by TBC Bank

21/04/2014 00:00 (3 Day 06:22 minutes ago)

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The FINANCIAL -- TBC Bank is offering a new mortgage loan which has been developed specially for potential clients of Lisi Development, and has an interest rate which ranges from 0% to 8.44%. 

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New Wendy’s and Smart Open in Vake, Employing 300 People

21/04/2014 00:00 (3 Day 06:22 minutes ago)

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The FINANCIAL -- Wissol Group is expanding the American restaurant network Wendy’s and supermarket network Smart in Tbilisi

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Banks
Survey Shows Card-Linked Marketing Programs Are Highly Effective, but Rarely Done

23/04/2014 15:46 (14:36 minutes ago)

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The FINANCIAL -- Card-linked marketing programs are highly effective in increasing revenue, customer insights and advanced targeting to marketing programs, but are underutilized by chief marketing offices.

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Politics
“The former Yugoslav Republic of Macedonia”: presidential election and early parliamentary elections

23/04/2014 16:38 (13:44 minutes ago)

The FINANCIAL -- A 14-member delegation of the Parliamentary Assembly of the Council of Europe (PACE), led by Stefan Schennach (Austria, SOC), will travel to “the former Yugoslav Republic of Macedonia” from 25 to 28 April to observe the conduct of the presidential election (2nd round) and the early parliamentary elections, alongside observers from the OSCE’s Parliamentary Assembly and Office for Democratic Institutions and Human Rights (ODIHR), according to PACE.

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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 (4 Day 15:58 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 (4 Day 18:43 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 (4 Day 19:53 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 (7 Day 13:40 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 (7 Day 13:53 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 (4 Day 21:49 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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Markets
Major Cloud Service Providers Slash Prices; Threaten Smaller Players’ Existence: IDC Warns

19/04/2014 13:40 (4 Day 16:42 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 (12 Day 18:22 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
Toyota Takes Out the Trash

23/04/2014 17:10 (13:12 minutes ago)

The FINANCIAL -- Imagine lugging more than 1.9 million trash cans to the curb on trash day. That’s what Toyota Motor Sales, U.S.A., Inc. (TMS) has avoided doing over the last four years. Since 2009, Toyota has reduced or avoided 1.9 million trash cans worth of waste at its sales and logistics facilities across the country, according to Toyota Motor Sales, U.S.A., Inc.

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INSURANCE
Zurich identifies seven cyber risks that threaten systemic shock

23/04/2014 17:00 (13:22 minutes ago)

The FINANCIAL -- The recently published Zurich Cyber Risk Report, created in collaboration with the international think tank Atlantic Council, argues that cyber-risk management professionals need to look beyond their internal information technology safeguards to interconnected risks which can build up relating to counterparties, outsourced suppliers, supply chains, disruptive technologies, upstream infrastructure and external shocks, according to Zurich Insurance Company.

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