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The FINANCIAL -- Fifty-nine percent of power and utilities executive respondents expect to actively pursue an acquisition in the next 12 months, according to the latest biannual EY Power & Utilities Capital Confidence Barometer. That demonstrates a 12% increase in M&A appetite since the last Barometer (47%), and a seven-year high.
The FINANCIAL -- The Executive Board of the International Monetary Fund (IMF) on May 24 approved a three-year extended arrangement under Extended Fund Facility (EFF) for Mongolia in a total amount of SDR 314.5054 million (about US$434.3 million, or 435 percent of quota) to support the country’s economic reform program.
The FINANCIAL -- Norway’s macroeconomic framework has proved resilient and well equipped to tackle the economic downturn following the oil price decline. The economy is beginning to recover, supported by strong domestic demand and accommodative macroeconomic policies.
The FINANCIAL -- On May 24, 2017, the Executive Board of the International Monetary Fund (IMF) completed the first review of the arrangement under the Extended Credit Facility (ECF) for Afghanistan.
The FINANCIAL -- Within the framework of the project of the Korea International Cooperation Agency (KOICA), the Korean Government supplied 5 shuttle buses to Georgia.
The FINANCIAL -- The Asian Development Bank’s (ADB) Trade Finance Program (TFP) and two Vietnamese banks — An Binh Joint-Stock Bank (ABBANK) and Tien Phong Commercial Joint-Stock Bank (TPBank) — today signed agreements enabling the program to provide guarantees of up to $50 million annually to support trade finance in Viet Nam.
The FINANCIAL -- Within the framework of the official visit of the delegation of the European Parliament's Committee on Foreign Affairs (AFET), Georgian Foreign Minister Mikheil Janelidze held a meeting with members of the European Parliament.
The FINANCIAL -- According to the latest IDC Quarterly Personal Computing Device Tracker May 2017, the overall India Traditional PC shipment for Q1 2017 stood at 2.16 million units (i.e. quarter on quarter growth of 12.5 percent over Q4 2016 and year on year growth of 8.5 percent over Q1 2016).
The FINANCIAL -- At the GTB Telecoms Innovation Summit & Awards held in London on May 23rd, Ericsson and SK Telecom were honored for their LTE Base Station Interference and Power Saving Technology (Green Scheduler with Lean Carrier).
The FINANCIAL -- On May 23 the Eastman Kodak Company and Bullitt Group announced the availability of a U.S. GSM version of the KODAK EKTRA Smartphone.
The FINANCIAL -- Starz announced on May 23 the launch of its STARZ app on select Samsung Smart TVs. STARZ subscribers may now watch exclusive STARZ Original series including “American Gods,” “The White Princess,” “Black Sails,” “The Missing,” “Outlander” and “Power;” as well as hundreds of movies and first-run films on Samsung Smart TVs.
The FINANCIAL -- Panasonic India, a key player in the entire ISAMEA (India, South Asia, Middle East & Africa) region with a strong manufacturing hub that currently exports to 16 countries is aggressively foraying into local manufacturing and development of appliances.
The FINANCIAL -- Nokia is to develop the 5G ecosystem with leading Japanese operator NTT DOCOMO, INC. in Japan to prepare for the upcoming introduction of the next generation wireless network.
The FINANCIAL -- IBM on May 24 announced a new Database-as-a-Service (DBaaS) toolkit on Power Systems optimized for open source databases, including MongoDB, EDB PostgreSQL, MySQL, MariaDB, Redis, Neo4j, and Apache Cassandra to help deliver more speed, control, and efficiency for enterprise developers and IT departments.
The FINANCIAL -- On May 23 in China, Microsoft revealed the next generation of Surface Pro.
The FINANCIAL -- Dublin Airport’s passenger growth has helped create almost 20,000 new jobs in the Irish economy over the past four years, a new economic study has found.
The FINANCIAL -- The Coca-Cola Company is moving closer to completing the refranchising of its Company-owned territories in the United States, thanks to a new letter of intent involving a significant area of the Northeast.
The FINANCIAL -- Air New Zealand has on May 24 opened the doors to its new lounge at Palmerston North Airport.
The FINANCIAL -- AEGEAN announces a trading update for the First Quarter of 2017 showing consolidated revenue at €151.9m, 3% higher compared to €147.9m in the first quarter of 2016.
The FINANCIAL -- Delta’s new premium seat product and the airline’s Seattle lounge took top honors at 2017 The International Yacht & Aviation Awards in Venice, Italy, last week.