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Industrial production up by 1.2% in euro area

2 mins read

The FINANCIAL -- In August 2007 compared with July 2007, seasonally adjusted industrial production1 increased by 1.2% in the euro area2 (EA13) and by 0.9% in the EU272. In July3 production grew by 0.7% in the euro area and by 0.6% in the EU27. …

Citi Forms Institutional Clients Group

3 mins read

The FINANCIAL – Citi has announced the appointment of Vikram Pandit, 50, as Chairman and CEO of the newly formed Institutional Clients Group comprising Citi Markets & Banking (CMB) and Citi Alternative Investments (CAI). He will continue to report to the Office of the Chairman. Pandit, who retains his title as Chairman of CAI,…

Nielsen Launches “DemoWatch”

4 mins read

The Nielsen Company on 11th os October  launched DemoWatch, a new feature of its web-based commercial tracking service KeepingTrac that will enable advertisers to monitor demographic composition of their advertising audiences. …

Export Increased In Georgia By 26,5% And Import – By 39,4%

3 mins read

The FINANCIAL --  In January-August 2007, the volume of export in comparison with the same period of 2006 increased in Georgia by 26,5% and made 784,5 million dollars. Ferroalloys, scrap of ferrous metals as well as copper ore and concentrates are the basic items in the structure of export of Georgia for the reporting…

U.S MicrosoftING closes exclusive agreement with Piraeus Bank

2 mins read

The FINANCIAL -- ING Group announces that it has reached final agreement with Piraeus Bank on a 10-year exclusive distribution partnership in Greece covering life, employee benefits, pension insurances and retail banking products. …

Puma is coming

5 mins read

The FINANCIAL -- According to Puma’s financial report their global sales reached EUR 1.4 billion in the first half of 2007 and brand sales, which includes consolidate sales and license sales, has reached EUR 612.9 million so far in the second half. This leading trademark is opening a shop in Tbilisi at the end…

EC allocates €3 M of humanitarian assistance for victims

2 mins read

The FINANCIAL -- Following a severe drought in Moldova, especially districts in the South, the European Commission has allocated €3 million in humanitarian aid for the country's most vulnerable farmers and rural people as a short-term measure. The funds will cover the distribution of fodder and feedstuffs for livestock. …

First Fundamentals-Based ETFS Launch on London Stock Exchange

2 mins read

The FINANCIAL -- Spa ETF Plc (Spa) last week became the second provider to join the UK’s expanding Exchange Traded Fund (ETF) market this month, issuing the first ETFs on the London Stock Exchange to track quantitatively-driven indices. Spa’s three ETFs join the eighteen new ETFs issued last week, bringing the total number of…

Electronic trades surge 141 per cent during August

3 mins read

The FINANCIAL -- A combination of market volatility, the introduction of TradElect and recent enhancements to the volume discount scheme contributed to a surge in trading volumes on SETS, the London Stock Exchange’s electronic order book, during August. …

Global Compact Launches New Visual Identity

2 mins read

The FINANCIAL -- Following the first comprehensive review of its branding, the United Nations Global Compact today launched a new visual identity, including a new Global Compact logo. The design was developed after extensive consultations with Global Compact participants and local networks. …

The Coca-Cola Company Releases 2006 Corporate Responsibility Review

2 mins read

ATLANTA, September 4, 2007 -  The Coca-Cola Company announced the release of the online version of its 2006 Corporate Responsibility Review entitled "The mark we make today shapes the future." …

USAID Delivers Aid Commodities to Greece

2 mins read

WASHINGTON, D.C. - The United States Government, through the U.S. Agency for International Development (USAID) announced the delivery of much needed commodities to the Hellenic Red Cross in response to the wildfires in Greece. The commodities include 1,056 family hygiene kits, 10,000 blankets, 300 family tents, 3,000 sleeping bags, 2,000 mattress pads and 1,000 kitchen…

DHL increases capacity for Hong Kong-Beijing service to meet growing trade volume

3 mins read

DHL, the worlds leading express and logistics company, has further enhanced its overnight service between Hong Kong and Beijing, by increasing its dedicated flight frequency to meet the growing demand for cargo capacity fuelled by the robust trade between Hong Kong and Mainland China.…

The energy issues have become very important in the 21st century, the declaration read by Lithuanian

3 mins read

Krakow Energy Summit Participants Agreed on Creating Transportation Corridor and Make Oil Pipeline Longer A joint declaration was adopted at Krakow informal Energy Summit on May 14, 2007. The Summit participants agreed on extending the Odessa-Brodi oil pipeline up to Plotsk and Gdansk, on setting up a joint enterprise to realize joint…

Dell signs on with Microsoft, Novell

3 mins read

Dell Inc. has agreed to work with Microsoft Corp. and Novell Inc. under an alliance the rival software makers formed last year to make it easier for the Windows operating system and the increasingly popular Linux system to work together, the companies said Sunday. …