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GM Sales Rise To A Record High
02/07/2009 12:46  (17:25 minutes ago)

gm-flag-headquarters.jpgThe FINANCIAL -- General Motors dealers in the United States delivered 176,571total vehicles in June, down 33.6 percent compared with a year ago.

  New Microfinance initiative: a valuable tool to stimulate entrepreneurship and create jobs
  Industrial producer prices down by 0.2% in euro area
  Boeing Team to Develop Revolutionary Spacecraft Power System for DARPA
MUFG, Morgan Stanley Form Joint Venture
01/07/2009 17:10  (1 Day 13:01 minutes ago)

The FINANCIAL -- According to Nikkei News, Mitsubishi UFJ Financial Group Inc. (8306) said on July 1 that Bank of Tokyo-Mitsubishi UFJ and affiliate Morgan Stanley have agreed to jointly establish a marketing firm.

  EBRD supports small businesses in Kyrgyz Republic
  Montenegro: EUR 100 m for SMEs
  UniCredit starts a three year sponsorship of the UEFA Champions League
World News
Sole Yemenia crash survivor arrives home in France
02/07/2009 17:57  (12:14 minutes ago)

The FINANCIAL -- According to RIA Novosti, the sole survivor of Tuesday's Yemenia Air crash off the Comoros in which 152 people are believed to have died returned home to France on July 2, Al Jazeera reported.

Read more...
The Harris Poll: Americans Not Confident Pakistan Can Defeat the Taliban or Secure Nuclear Weapons
02/07/2009 17:39  (12:32 minutes ago)

The FINANCIAL -- The country of Pakistan is a bit of an enigma to most Americans – is it a friend and ally or is it an enemy? The Taliban and other extremists have their roots in Pakistan and it is a part of the nuclear club, with the United States committing billions of dollars in aid to the country.

Read more...
North Korea 'test-launches more short-range missiles'
02/07/2009 16:29  (13:42 minutes ago)

The FINANCIAL -- According to RIA Novosti, North Korea has conducted two test launches of short-range missiles, a South Korean news agency reported on July 2.

Read more...
Obama to seek strong relationship with Russia at upcoming summit
02/07/2009 16:27  (13:44 minutes ago)

The FINANCIAL -- WASHINGTON, Washington wants to build stronger ties with Russia, but is not seeking trade-offs on key disputes, a U.S. presidential adviser said ahead of a Russian-U.S. summit.

Read more...
  Exact cause of Air France crash unknown - CEO
  Naked passenger forces U.S. Airways plane to land
  U.S. Clinton cancels visit to Russia due to arm injury
Interviews
HSBC Quits Retail

guylewis.jpgThe FINANCIAL -- HSBC Bank Georgia has changed its strategy: retail is not the bank’s focus any more. HSBC private clients are being asked to close their accounts in 60 days. The Bank will serve corporate customers only from now on. Guy Lewis, the newly appointed Chief Executive Officer talked with Tako Khelaia, The FINANCIAL, about the new strategies of the bank. Mr. Lewis says there are very slow but positive signs of improvement on the local financial market.

Read more...
  Third Quarter Promises Georgia Coming Out of Recession
  Jazz Festival Loses its Sponsors, but Stars Will Shine Again
  Strong Leadership - the Way to Survive the Recession
OP-ED
Reconciliation in Iraq: Singular or Plural

It is inappropriate to consider the question of national reconciliation in Iraq without first recognizing the unique nature of the challenge.

Read more...
  The Georgian Economy Under Saakashvili
  The Psychology of Leadership Versus the Business of Management
  The protection of journalists: the way forward
TRAVEL BIZ »
   ATA Reports Decline in Passenger Demand
   Onward and upward moving the Rezidor Hotel Group
   Say Yes! to your Dream Destination this Summer
PRESS RELEASES »
   New IFC Online Training to Help Financial Institutions Develop Sustainable Banking
   Global Reporting Initiative Introductory Workshop on Sustainibility Reporting
   Commission launches 2009 Lorenzo Natali Prize for committed journalists
FINANCIAL »
   New Microfinance initiative: a valuable tool to stimulate entrepreneurship and create jobs
   Industrial producer prices down by 0.2% in euro area
   Boeing Team to Develop Revolutionary Spacecraft Power System for DARPA
UKRAINE »
   Yanukovych: Increase In Prices Of Petroleum Products Due To Increase In Imports
   Cabinet Increases From 0.1% To 0.9% Proportion Of GMO Required For Food Products To Be Marked
   Ukraine: general grain offer to total 51 mln tons
GEORGIA »
   Russian Soldier Defects to Georgia
   ‘U.S. not Abandoning Georgia, Ukraine in Name of Reset with Russia’
   Georgian Foreign Minister to Visit Latvia
WORLD »
   Census Bureau Reports World’s Older Population
   WHO: "The world now at the start of the 2009 influenza pandemic"
   Venezuela bans Coca-Cola Zero over 'health threat'
BANKS »
   MUFG, Morgan Stanley Form Joint Venture
   Lithuania teams up with EIB to support sustainable cities
   HSBC sells joint venture stake
BUSINESS »
   Wachovia Insurance Services, Inc. Becomes Wells Fargo Insurance Services USA, Inc.
   AIG In Agreement To Sell Its Consumer Financial Operations In Colombia
   Zurich closes acquisition of AIG’s US Personal Auto Group
TECH »
   Vodafone UK Adds Carphone Warehouse for New Connections and Extends Agreement With Phones4U
   Toshiba Store.e Art Portable Hard Drives bring color and style to its Personal Storage Line
   Motorola Wireless Broadband Infrastructure Underpins South Africa’s E-Skills Initiative
MARKETS »
   NYSE Cuts Order-Execution Time to 5 Milliseconds from 105
   NASDAQ OMX Launches Market Replay Europe
   MacroMarkets Lists Two MacroShares ETPs on NYSE Arca
B SCHOOLS »
   Hepatitis E Infection More Widespread in the U.S. than Previously Suspected
   University of Liverpool: Psychologist wins prize for substance abuse research
   LSE joins the Graduate Management Admission Council
SPECIAL REPORTS »
   Georgia, Russia in Amnesty International Report 2009
   The Ukraine Construction 2009
   Biggest risks facing Georgia
Banks
EBRD supports small businesses in Kyrgyz Republic
02/07/2009 16:25  (13:46 minutes ago)

The FINANCIAL -- The EBRD is providing further support for the development of the private sector in the Kyrgyz Republic with a credit line for small businesses.

Read more...
  Montenegro: EUR 100 m for SMEs
  UniCredit starts a three year sponsorship of the UEFA Champions League
  KeyCorp Announces Results of Exchange Offers for Its Series A Preferred Stock and Trust Preferred Se
Markets
NYSE Cuts Order-Execution Time to 5 Milliseconds from 105
02/07/2009 15:29  (14:42 minutes ago)

The FINANCIAL -- The New York Stock Exchange (NYSE), a subsidiary of NYSE Euronext (NYX), has reduced the time it takes to execute an order to five milliseconds from 105 milliseconds, with the implementation of the new NYSE Super Display Book system (SDBK) for processing orders. 

Read more...
  NASDAQ OMX Launches Market Replay Europe
  MacroMarkets Lists Two MacroShares ETPs on NYSE Arca
  NYSE Extends Temporary Suspension of Price Standard Through July 31
TRAVEL BIZ
Turkish Airlines and Etihad Airways sign codeshare agreement
02/07/2009 12:17  (17:54 minutes ago)

The FINANCIAL -- Turkish Airlines and Etihad Airways have signed codeshare agreement.The deal follows the launch of Etihad’s four flights a week service to the Turkish commercial capital, Istanbul, which began on June 1, 2009.

Read more...
Finnair: Summer travellers cause heavy jams at Helsinki-Vantaa airport
02/07/2009 12:14  (17:57 minutes ago)

The FINANCIAL -- It is expected that long queues will form on the check-in counters and the security control points of Helsinki-Vantaa Airport on the first weekend of July and especially on Saturday, when the number of passengers peaks.

Read more...
  US Airways Exclaims 'Bilui Naim (Have a Good Time)!' as It Debuts Philadelphia - Tel Aviv Service
  Starwood Makes Landmark Entry in Bermuda with Debut of the St. Regis Bermuda
  Hotel Indigo Opens First of Three Properties in St. Louis
Oil&Auto
EU advises member states to stock up on gas
02/07/2009 17:58  (12:13 minutes ago)

The FINANCIAL -- According to RIA Novosti, an EU expert group on gas advised EU members on July 2 to fill gas storage facilities to mitigate any potential gas cuts amid uncertainties in Ukraine , the European Commission said in a statement.

Read more...
  Russian anti-trust body to fine oil companies for price hikes
  Sberbank CEO says no competition to Opel deal
  IR Magazine names Rosneft the best russian company in terms of investor relations


CityLife
Angelina Jolie Tops Richest Actress List, Jennifer Aniston In Second Place
02/07/2009 17:53  (12:18 minutes ago)

angelina_jolie_-jennifer_aniston.jpgThe FINANCIAL -- According tot CNS, Angelina Jolie wins the money round versus Jennifer Aniston. Brad Pitt's current partner has beaten his ex-wife in the new Forbes list of Hollywood's Top-Earning Actresses.

Read more...
  Transformers Sequel Smashes Records
  Michael Jackson promoter offers full refunds for concert tickets
  Levan Tsuladze named as the best stage director by Duruji awards
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Politics
‘U.S. not Abandoning Georgia, Ukraine in Name of Reset with Russia’
02/07/2009 13:43  (16:28 minutes ago)

The FINANCIAL -- According to Civil Georgia, the United States maintains close ties with Georgia and Ukraine and is not going “to trade anything” with Russia regarding NATO expansion or missile defense, Michael McFaul, the U.S. President’s special assistant and senior director for Russian and Eurasian affairs at the National Security Council, said.

Read more...
  Georgian Foreign Minister to Visit Latvia
  Sixth Round of Geneva Talks ‘Sometimes Difficult’ but ‘Constructive’
  Freedom House: Georgia’s Democracy Score Lowest in Years


INSURANCE
Wachovia Insurance Services, Inc. Becomes Wells Fargo Insurance Services USA, Inc.
02/07/2009 16:07  (14:04 minutes ago)

The FINANCIAL -- Wells Fargo & Company (NYSE:WFC) said on July 1 that Wachovia Insurance Services, Inc. has officially changed its name to Wells Fargo Insurance Services USA, Inc.

Read more...
  AIG In Agreement To Sell Its Consumer Financial Operations In Colombia
  Zurich closes acquisition of AIG’s US Personal Auto Group
  Nippon Life To Raise Y100bn Via Bond Offering
PR Releases
New IFC Online Training to Help Financial Institutions Develop Sustainable Banking
22/06/2009 12:55  (10 Day 17:16 minutes ago)

The FINANCIAL (via finchannel.com) IFC, a member of the World Bank Group, on June 22 unveiled a new online training program designed to help financial institutions better understand sustainable finance, social and environmental risk management, and explore sustainability-related business opportunities.

Read more...
Global Reporting Initiative Introductory Workshop on Sustainibility Reporting
18/06/2009 19:43  (14 Day 10:28 minutes ago)

The FINANCIAL (via finchannel.com) -- The Centre for Strategic Research and Development of Georgia (CSRDG) and Eurasia Partnership Foundation (EPF) – Georgia are hosting the workshop on corporate social/sustainability reporting based on the framework of Global Reporting Initiative (GRI). The workshop will take place in the hotel "Ambasadori" (13, Shavteli str.) on  June 25, 2009, 10-14 AM. It will be facilitated by Ms Asthildur Rutten, senior expert from Global Reporting Initiative.

Read more...
  Commission launches 2009 Lorenzo Natali Prize for committed journalists
  First PEC Award for the Protection of Journalists
  Construction of ProCredit Bank's New Head Office in Tbilisi to Completed by 2011
Jobs
Euro area unemployment up to 9.5%
02/07/2009 14:58  (15:13 minutes ago)

The FINANCIAL -- The euro area1 (EA16) seasonally-adjusted unemployment rate2 was 9.5% in May 2009, compared with 9.3% in April3. It was 7.4% in May 2008.

Read more...
  Employment in construction falls in Q1
  Jobless Rate Rises To 5.2%, Job Availability Worst
  The Harris Poll: Attitudes Still Overwhelmingly Negative on Economy and Job Market

Links
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