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The FINANCIAL -- Within the framework of his official visit to the Federal Republic of Germany, Georgian Foreign Minister Mikheil Janelidze held a meeting with representatives of the Diaspora organizations in Germany. During the meeting Mikheil Janelidze spoke about priority areas of Georgia-Germany relations.
The FINANCIAL -- Within the framework of his official visit to the Federal Republic of Germany, Georgian Foreign Minister Mikheil Janelidze held a meeting with Chancellor Angela Merkel's foreign and security policy adviser Christoph Heusgen.
The FINANCIAL -- TBILISI. SES announced on April 26 that its technical reach in Georgia has increased to 455 000 TV homes, which represents a 5% increase compared to last year. SES’s direct reach (DTH) has increased by 21% to 141,000 homes in one year.
The FINANCIAL -- According to the Ipsos MORI Global Trends Survey 2017, due out on the 2nd May, most people take a liberal view towards the role of women (although there are signs of a small recovery in traditional attitudes towards the role of women in four European countries).
The FINANCIAL -- The Foreign Ministries of Georgia and the Argentine Republic conducted the 3rd round of bilateral political consultations on 25 April 2017.
The FINANCIAL -- Minister of Economy and Sustainable Development of Georgia Giorgi Gakharia opened a new coffee enterprise Mondo in Tbilisi. The enterprise was funded within the state program Produce in Georgia.
The FINANCIAL -- Mercer has welcomed many of the proposals made by the BEIS (Business, Energy and Industrial Strategy Department) Select Committee report into the UK’s corporate governance regime but has cautioned against a blanket ban on the use of Long-Term Incentive Plans (LTIs). The consultancy says that LTIs are essential in the management of risk ensuring that executives are accountable for their decisions over the longer-term.
The FINANCIAL -- Gulf Air, the Kingdom of Bahrain’s national carrier, has appointed Voyager Ltd as its General Sales Agent (GSA) in Georgia to represent the airline and sell Gulf Air services and products on its behalf.
The FINANCIAL -- After spending two quarters in second place, Huawei moved past Oppo to recapture the lead in China’s smartphone market in Q1 2017.
The FINANCIAL -- In a new boost to the Turkish automotive industry, the EBRD is providing a €150 million loan to Ford Otomotiv Sanayi A.Ş., (Ford Otosan) to finance improvements to the carmaker’s commercial vans.
The FINANCIAL -- In 2016, the employment rate of the population aged 20 to 64 in the European Union (EU) stood at 71.1%, up compared with both 2015 (70.1%) and its previous peak recorded in 2008 (70.3%).
The FINANCIAL -- In the fourth quarter of 2016, the seasonally adjusted general government deficit to GDP ratio stood at 1.4% in the euro area (EA19), a decrease compared with 1.6% in the third quarter of 2016.
The FINANCIAL -- The Asian Development Bank (ADB) has backed Singapore’s Sunseap Group’s project to build Cambodia’s first large-scale solar power project under a long-term agreement with Electricité Du Cambodge (EDC).
The FINANCIAL -- The Asian Development Bank’s (ADB) annual operations exceeded the $30 billion mark for the first time in its 50-year history last year as regional demand for development finance and knowledge — particularly on infrastructure — continues to grow, according to the bank’s 2016 Annual Report (AR) released on April 25.
The FINANCIAL -- Americans have remained upbeat about the economy for 24 straight weeks, though their current level of confidence is lower than it was earlier in the year. Gallup's U.S. Economic Confidence Index stood at +7 last week, generally in line with readings since the November presidential election. However, it is below the +16 score observed in early March and similar high scores in late January.
The FINANCIAL -- The EBRD, Actera – one of the leading private equity investors in Turkey – and Esas Holding – a venture capital firm established by the Sabanci family – are acquiring a majority stake in Korozo Ambalaj, the leading Turkish producer of flexible packaging.
The FINANCIAL -- An unsettled global political environment has not shifted CEOs' focus on profits and growth in 2017. Growth is the No. 1 business priority for 58 percent of CEOs, according to a recent survey* of 388 CEOs by Gartner, Inc. This is up from 42 percent in 2016.
The FINANCIAL -- Migration to Windows 10 is expected to be faster than previous operating system (OS) adoption, according to a survey by Gartner, Inc.
The FINANCIAL -- Huawei and Intel signed a memorandum of understanding (MOU) to cooperate in high-performance computing (HPC) to provide competitive and innovative HPC products and solutions.
The FINANCIAL -- Whirlpool Corporation announced on April 24 first-quarter GAAP net earnings of $153 million, or $2.01 per diluted share, compared to $150 million, or $1.92 per diluted share, reported for the same prior-year period. First-quarter ongoing business earnings per diluted share totaled $2.50 compared to $2.63 in the same prior-year period.