The FINANCIAL

20/11/2009 12:04 (14:08 minutes ago)

The FINANCIAL -- Gap Inc. (NYSE: GPS) on November 19 reported that net earnings for the third quarter, which ended October 31, 2009, increased 25 percent to $307 million, or $0.44 per share on a diluted basis, compared with $246 million, or $0.35 per share on a diluted basis, for the same period last year.

Benetton opens the first store of the future in Istanbul

18/11/2009 13:24 (2 Day 12:48 minutes ago)

The FINANCIAL -- Benetton has opened a spacious new store in Istanbul, the Turkish metropolis which in 2010 will be a European Capital of Culture.

OP-ED

The Great Geopolitical Battle Over Energy Transit Routes

As we all live in the present, it is very hard to fully assess the future implications of decisions supported or made by political and business leaders. An extraordinary game of geo-strategy is under way to lock in long-term agreements, notably in the energy sector.
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Banks

Deutsche Bank's 10th annual charity trading day raises R 2.5m

20/11/2009 17:01 (09:11 minutes ago)
The FINANCIAL -- Deutsche Bank held their 10th annual charity trading day on Wednesday 18th November.
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Politics

Biden Calls for Fulfilling Promises of Rose Revolution

20/11/2009 12:35 (13:37 minutes ago)
The FINANCIAL -- According to Civil Georgia, U.S. Vice President Joe Biden called President Saakashvili on November 18 to discuss democratic reform in Georgia and to reiterate the United States’ strong support for Georgia’s sovereignty and territorial integrity, the White House reported.
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World News

Afghanistan: Pessimism and Criticism of President Both Increase

20/11/2009 15:07 (11:05 minutes ago)

The FINANCIAL -- A new Harris Poll finds that a 2-to-1 majority now gives President Obama negative ratings on his handling of Afghanistan, a six-point increase in his critics over the last two months.

Number of China's millionaires grows despite global recession

20/11/2009 12:33 (13:39 minutes ago)

The FINANCIAL -- According to RIA Novosti, the number of dollar millionaires in China is expected to grow to 450,000 by the end of this year, despite the overall decline in global wealth, the Boston Consulting Group (BCG) has said.

20-year-old South Korean model found dead in Paris apartment

20/11/2009 12:19 (13:53 minutes ago)

The FINANCIAL -- According to RIA Novosti, a 20-year-old South Korean model has been found dead in her Paris apartment, her modeling agency said.

Suicide bomber on motorcycle kills six in Afghanistan

20/11/2009 12:10 (14:02 minutes ago)

The FINANCIAL -- According to RIA Novosti, a suicide bomber blew himself up on November 20 morning while riding a motorcycle through a crowded area of Farah in southwest Afghanistan, killing at least six people, local police said.

CityLife

Irina Shabayeva wins the sixth season of reality show "Project Runway"

20/11/2009 19:07 (07:05 minutes ago)

The FINANCIAL -- Irina Shabayeva won the sixth season of the fashion reality show "Project Runway" on November 19. Irina, 27, is the daughter of immigrants from the Republic of Georgia. She won $100,000 toward her line, an agent and a trip to Paris.

TRAVEL BIZ »
British Airways makes record loss of £292m Austrian Airlines posts euro75.7 million Q3 loss‎ Lufthansa reports nine-month loss of 32 million euros

PRESS RELEASES »
The FINANCIAL Online (finchannel.com) Announces Its Daily Statistics IFC Helps Boards of Georgian Companies Cope with Financial Crisis, Maintain Development Bank Republic: One more new branch in Tbilisi

FINANCIAL »
NIKE, Inc. Increases Quarterly Dividend Eight Percent to $0.27 Per Share Phyllis M. Wise Joins Nike’s Board of Directors UPS Tops 'Climate Counts' Scorecard for Consumer Shipping

UKRAINE »
Ukraine reports 354 flu deaths since start of October During 9 months of 2009, commodity exports from Ukraine decreased by 48.7% Yushchenko’s circles see Yanukovych as lesser evil in comparison with Tymoshenko – expert opinion

GEORGIA »
Ruling Party MPs Slams CoE Human Rights Chief for Inaction Georgian, Ukrainian Presidents Meet in Kiev EUMM to Monitor Movement of Georgian Armed Forces

WORLD »
OPEN LETTER: Europe must stand up for Georgia Twitter Account of The FINANCIAL Editor Get Suspended Americans Scream for… Chocolate Ice Cream

BANKS »
Barclays to Buy Standard Life Bank for $369 Million Georgian Banks’ Response to the Raising Demand on Mortgage Loans Deutsche Bank signs agreement on ABN Amro stake‎

BUSINESS »
ING restructuring plan approved by European Commission Allianz advocating 'green' energy in Asia Allianz: An innovator and advocate of road safety

TECH »
Companies Uses facebook as their marketing and Communication Tool Siemens develops a video solution to uncover leaks in an industrial environment comScore Media Metrix Ranks Top 50 U.S. Web Properties for October 2009

MARKETS »
NASDAQ OMX Stockholm and Valueguard Launch New Housing Price Index MAB offers financing for Growth Companies and diversification for investors NASDAQ OMX Introduces the NASDAQ-100 Leveraged Index

B SCHOOLS »
New Project Will Strengthen Voices from the Developing World in Support for Family Planning LSE academic awarded prestigious Victor Turner Prize for Ethnographic Writing Judge Business School: Academic challenges advice commonly given by business school gurus

SPECIAL REPORTS »
Georgia/Russian Federation: The impact of the war one year on Georgia, Russia in Amnesty International Report 2009 The Ukraine Construction 2009

PR Releases

The FINANCIAL Online (finchannel.com) Announces Its Daily Statistics

19/11/2009 14:02 (1 Day 12:10 minutes ago)

The FINANCIAL -- The FINANCIAL, Intelligence Group LLC has announced finchannel.com daily statistics for November 2009. See graph bellow:

IFC Helps Boards of Georgian Companies Cope with Financial Crisis, Maintain Development

19/11/2009 12:02 (1 Day 14:10 minutes ago)

PRESS-RELEASE. via finchannel.com -- Tbilisi , Georgia, November 19, 2009—IFC, a member of the World Bank Group, is training board members of Georgian companies and banks on best practices of performing their duties at times of economic downturn, helping them minimize the impact of crises and maintain stable development.

Markets

NASDAQ OMX Stockholm and Valueguard Launch New Housing Price Index

20/11/2009 16:10 (10:02 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm AB, part of the NASDAQ OMX Group (NASDAQ:NDAQ), together with Valueguard on November 19 introduced a new suite of housing price index, "NASDAQ OMX Valueguard-KTH Flats" (HOX), based on the price development for privately held flats in Sweden's three largest cities.

Jobs

Rasmussen Reports: Democrats & Unaffiliateds More Likely To Be Unemployed Than Republicans

20/11/2009 15:13 (10:59 minutes ago)

The FINANCIAL -- Data from Rasmussen Reports national telephone surveys shows that 15.0% of Democrats in the workforce are currently unemployed and looking for a job.

TRAVEL BIZ

Radisson Plaza Hotel Minneapolis Appoints New General Manager

20/11/2009 16:06 (10:06 minutes ago)
The FINANCIAL -- Radisson Hotels & Resorts on November 19 announced the appointment of Tom Mason as the new general manager of the Radisson Plaza Hotel Minneapolis at 35 South 7th Street in the heart of the city’s downtown area.
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Air Berlin: First approval for GLS approaches worldwide

20/11/2009 15:59 (10:13 minutes ago)
The FINANCIAL -- Air Berlin is the world’s first airline to receive LBA (German Federal Aviation Office) approval for employing GLS (GPS landing system) technology on its flights.
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Oil&Auto

Volkswagen Board Approves Porsche Deal Contracts

20/11/2009 14:41 (11:31 minutes ago)
The FINANCIAL -- The Supervisory Board of Volkswagen Aktiengesellschaft took a further important step towards the creation of an integrated automotive group with Porsche at its meeting on November 20 when it approved the contracts of implementation negotiated by all the parties which set out the details of the previouslyconcluded comprehensive agreement.
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INSURANCE

ING restructuring plan approved by European Commission

19/11/2009 12:39 (1 Day 13:33 minutes ago)
The FINANCIAL -- ING announced on November 18 that the European Commission has formally approved the restructuring plan submitted by ING .
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