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The FINANCIAL -- London Stock Exchange on April 24 welcomes the listing of the largest corporate bond issuance from the CIS region since 2014.
The FINANCIAL -- Shell and four European companies – ENGIE, OMV, Uniper and Wintershall – signed financing agreements with Nord Stream 2 AG, the company responsible for the planning, construction and future operation of the Nord Stream 2 pipeline.
The FINANCIAL -- “In the first quarter, both the Group’s sales and profitability increased. Net sales increased by 8% and amounted to SEK 77.4 billion. Volumes of heavy-duty and medium-duty trucks were down by 4%, which was off-set by 34% higher volumes of construction equipment. The Group’s adjusted operating income improved to SEK 7.0 billion, with earnings improvements coming from all business areas and with the most significant impact from Trucks and Volvo CE. The adjusted operating margin was 9.1%,” says Martin Lundstedt, President and CEO.
The FINANCIAL -- Academics and students from the Accounting & Finance division have been helping young people gain a better understanding of managing their personal finances.
The FINANCIAL -- Credit standards for loans to enterprises eased slightly in net terms in the first quarter of 2017, according to the April 2017 bank lending survey (BLS).
The FINANCIAL -- Wells Fargo Securities’ (WFS) Global Research, Economics & Strategy division announced on April 24 that Christopher Harvey has been appointed the new head of Equity Strategy, reporting to Todd M. Wickwire and Sam Pearlstein, co-heads of Equity Research.
The FINANCIAL -- On April 24 Conagra Brands, Inc. announced that it has completed the acquisition of protein-based snacking businesses Thanasi Foods LLC, maker of Duke's meat snacks, and BIGS LLC, maker of BIGS seeds (collectively, Thanasi).
The FINANCIAL -- The Foreign Minister of Georgia Mikheil Janelidze hosted on April 24 his Estonian colleague Sven Mikser at the Ministry of Foreign Affairs, where after the meeting at an extended format, a joint press conference was held.
The FINANCIAL -- Protests in Russia last month highlight the growing frustration many Russians have with endemic corruption and the increasingly worse inequality they see in their country.
The FINANCIAL -- Prime Minister Giorgi Kvirikashvili paid a two-day official visit to the Islamic Republic of Iran on April 22-23, where he held talks with President Hassan Rouhani, Vice-President Eshaq Jahangiri and Majlis Chairman Ali Larijani.
The FINANCIAL -- The European Bank for Reconstruction and Development (EBRD) has marked a historic milestone by issuing its first-ever Eurobond both denominated and settled in Georgian lari (GEL).
The FINANCIAL -- Ericsson is launching its content discovery ecosystem at NAB Show 2017. Through its network of best-in-class partners, the ecosystem will bring together a unique range of TV and movie data sources as well as a suite of cutting-edge software services that help understand and act on the data.
The FINANCIAL -- Nissan Motor Co., Ltd. has set up a new unit to expand its NISMO road car business by making a greater range of models available to customers in more markets.
The FINANCIAL -- The Asian Development Bank (ADB) has appointed Xiaohong Yang as new Country Director for Pakistan. Ms. Yang, who assumed office on April 24, 2017, is the first woman to head ADB’s resident mission to the country.
The FINANCIAL -- The Asian Development Bank (ADB) has approved an $80 million loan for the electrification of 145 kilometers (km) of railway in Uzbekistan, linking the cities of Pap, Namangan, and Andijan. The electrified track is part of the Central Asia Regional Economic Cooperation (CAREC) Corridor 2, a critical transport link in the region.
The FINANCIAL -- In 2016, the government deficit and debt of both the euro area (EA19) and the EU28 decreased in relative terms compared with 2015. In the euro area the government deficit to GDP ratio fell from 2.1% in 2015 to 1.5% in 2016, and in the EU28 from 2.4% to 1.7%.
The FINANCIAL -- Sixty-one percent of U.S. adults predict housing prices in their local area will increase in the next 12 months, up from 55% a year ago and the highest Gallup has measured since 2005.
The FINANCIAL -- European Union foreign-policy chief Federica Mogherini says that Brussels wants better ties with Russia but cannot pretend Moscow did not annex Crimea, and that sanctions will remain in place.
The FINANCIAL -- The European Bank for Reconstruction and Development (EBRD) and Green Climate Fund (GCF) sealed an accord on Saturday that underscores the EBRD’s position as the largest single recipient of GCF resources and paves the way for more joint projects aimed at combating climate change in the Bank’s regions.
The FINANCIAL -- World Bank Group President Jim Yong Kim and Asian Infrastructure Investment Bank President Jin Liqun on April 23 signed a memorandum of understanding to strengthen cooperation and knowledge sharing between the institutions.