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Can Georgia Develop a Knowledge-Based Economy?


Wednesday, April 23, 2014
News Making Money

Major Cloud Service Providers Slash Prices; Threaten Smaller Players’ Existence: IDC Warns

19/04/2014 13:40 (3 Day 22:05 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).

Private Sector Driving U.S. Wind Market Forward

18/04/2014 16:46 (4 Day 18:59 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.

Steelmakers must focus on high growth sectors and markets

18/04/2014 16:26 (4 Day 19:19 minutes ago)

The FINANCIAL -- Success for steelmakers globally will depend on being agile and nimble in responding to market opportunities that provide growth and better margins, according to EY’s Global Steel Leader, Anjani Agrawal.

Russian Corporate Liquidity Mitigates Capital Flight Risk

18/04/2014 16:11 (4 Day 19:34 minutes ago)

The FINANCIAL -- A market-led rationing of foreign capital is the most immediate threat to the Russian corporate sector from the crisis in Ukraine , Fitch ratings says.

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Banks
Lowest Interest Rate for Mortgages Offered by TBC Bank

21/04/2014 00:00 (2 Day 11:45 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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Politics
Parliament issues strong call for EU lobby transparency register to become mandatory

16/04/2014 16:53 (6 Day 18:52 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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Markets
Major Cloud Service Providers Slash Prices; Threaten Smaller Players’ Existence: IDC Warns

19/04/2014 13:40 (3 Day 22:05 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).

INSURANCE
M&A insurance grows as confidence increases

18/04/2014 16:18 (4 Day 19:27 minutes ago)

The FINANCIAL -- As the green shoots of economic recovery have started to show in key markets like the UK and US, demand for mergers and acquisitions (M&A) insurance has been rising, according to Lloyd's, the world's specialist insurance market.

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