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The FINANCIAL -- InterContinental Hotels Group on October 20 announces that Elie Maalouf, IHG’s Chief Executive Officer for the Americas, is to be appointed as an Executive Director.
The FINANCIAL -- Statoil’s board of directors and chief executive Eldar Sætre have agreed that Sætre will continue as CEO after he turns 62 in February 2018. Eldar Sætre will thus not use his contractual right to retire at the age of 62.
The FINANCIAL -- With the Porsche Macan Turbo Exclusive Performance Edition, Porsche is introducing a particularly elegant version of the top model in the Macan model line.
The FINANCIAL -- “In the third quarter both the Volvo Group’s sales and profitability continued to increase, with an especially strong performance in our construction equipment business. The quarter was also characterized by the completion of an historic upgrade of our North American truck lineup and further successes for our electric buses that continue to make inroads in new markets. From an overall perspective, market demand is strong, as evidenced by a 32% increase in truck orders and 45% in construction equipment orders,” says Martin Lundstedt, President and CEO.
The FINANCIAL -- BP on October 19 announces that Carl-Henric Svanberg has informed the company’s board of directors of his intention to retire as chairman.
The FINANCIAL -- Daimler AG (ticker symbol DAI) continued along its successful path in the first nine months of 2017 and achieved best-ever figures for unit sales, revenue and EBIT in this period.
NAIJ news -- Jim Yong Kim, the President of the World Bank Group, has reported that this financial organization had concentrated in the northern region of Nigeria in line with official Buhari’s request.
The FINANCIAL -- Giuseppina Albo is leaving the Board of Management of Munich Re at the end of the year at her own request.
The FINANCIAL -- Domino's Pizza has opened its first store in Birkirkara, Malta.
The FINANCIAL -- A new study published in Nature, conducted by an alliance between industry and academia involving the University of Liverpool, highlights a new approach to targeting key cancer-linked proteins, thought to be ‘undruggable’.
The FINANCIAL -- Freddie Mac on October 19 released the results of its Primary Mortgage Market Survey (PMMS), showing the average 30-year fixed mortgage rate ticking down this week.
The FINANCIAL -- A new study published in the Journal of Psychopharmacology, conducted by researchers from the University of Liverpool, Maastricht University and King’s College London, shows that bilingual speakers’ ability to speak a second language is improved after they have consumed a low dose of alcohol.
The FINANCIAL -- IFC, a member of the World Bank Group, is helping Armenia’s Inecobank engage in interest rate swap transactions, which will help it better manage its interest rate risk to support access to finance for local businesses.
The FINANCIAL -- “As you well know, we have exceptional political relations with the USA and it is the high time for arranging better economic ties, especially in terms of trade” – the Minister of Economy and Sustainable Development of Georgia, Giorgi Gakharia stated to the media following the meeting with the representatives of the US Trade Mission.
The FINANCIAL -- “Georgia remains one of the strongest allies of the EU in the region and a key security partner, confirmed by the EU Global Foreign and Security Strategy”- the Georgian Vice Prime Minister, Foreign Minister Mikheil Janelidze said about this when speaking before the Foreign Affairs Committee of the European Parliament.
The FINANCIAL -- On 18 October, the Public Defender of Georgia presented a special report on ‘Combating and Preventing Discrimination and the Situation of Equality’, assessing developments in the country since 2014.
The FINANCIAL -- A group of three Ukrainians who were trained earlier this year by the EU Advisory Mission Ukraine (EUAM) are currently leading a three-day training course for national police in the country.
The FINANCIAL -- The EU4Business SMEDA project (Support to SME Development in Armenia) has announced a call for applications, open to companies, experts or consortia, to conduct a sectoral study of textile, apparel, leather, shoes and fashion design businesses in Armenia.
The FINANCIAL -- Americans' satisfaction with the way things are going in the U.S. has fallen to 21%, the lowest point since July 2016. Dissatisfaction with the government remains at the top of the list of most important problems in the country.
The FINANCIAL -- U.S. CIA Director Mike Pompeo says the United States wants to draw the Taliban into peace talks in Afghanistan, but for that to happen, he says Pakistan must first ensure the militants cannot establish safe havens within its borders.