The FINANCIAL

Nestlé invests 31 million dollars in pet food factory in Australia

16/05/2012 07:11 (13:24 minutes ago)

The FINANCIAL -- Nestlé Purina PetCare is investing 31 million Australian dollars (more than CHF 29 million) to expand its pet food factory in the state of New South Wales.

Banks

World Bank to Help Zesco Improve its Power Transmission in Southern Province

16/05/2012 02:26 (18:09 minutes ago)
The FINANCIAL -- The World Bank Board of Directors approved a US$60 million IDA credit to reinforce the existing electricity transmission network and increase Zesco’s power transfer capacity to Kafue town and the Southern Province.
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OP-ED

Greece: The Evolving Tragedy

The FINANCIAL -- For months now, we have seen Greece teetering on the edge of collapse where everything will remain paralysed and unworkable.
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World News

U.S. Chamber Hails Entry-into-Force of U.S.-Colombia Trade Accord

16/05/2012 07:18 (13:17 minutes ago)

The FINANCIAL -- The U.S. Chamber of Commerce applauded today’s entry-into-force of the U.S.-Colombia Trade Promotion Agreement. Congress voted to approve the agreement by a large bipartisan majority last October.

U.S. Government Marks Conclusion of Neighborhood Rehabilitation Project in Port-au-Prince

16/05/2012 07:14 (13:21 minutes ago)

The FINANCIAL -- In a ceremony yesterday, the U.S. government, along with partners CHF International and Project Concern International (PCI), and a representative from the Haitian government, marked the conclusion of the Katye project.

Rule of law vital to protecting rights of victims of human trafficking, participants at OSCE meeting

15/05/2012 02:08 (1 Day 18:27 minutes ago)

The FINANCIAL -- The rule of law needs to be strengthened in the fight against human trafficking in order to better protect victims' human rights and ensure them access to justice, participants said today at the opening of an OSCE meeting on the topic.

Expedition 31 Trio Blasts Off for International Space Station

15/05/2012 02:03 (1 Day 18:32 minutes ago)

The FINANCIAL -- NASA Flight Engineer Joseph Acaba, Russian Soyuz Commander Gennady Padalka and Flight Engineer Sergei Revin blasted off for the International Space Station at 10:01 p.m.

CityLife

"Europe on the Ground" wins 2012 European Charlemagne Youth Prize

16/05/2012 07:05 (13:30 minutes ago)

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The FINANCIAL -- "Europe on the Ground", a Greek youth media project, was awarded first prize at the 2012 Charlemagne Youth Prize ceremony on 15 May in Aachen.

TRAVEL BIZ »
Georgia Becoming Eco-Destination Ninth DoubleTree by Hilton Hotel in China Opens in Taizhou Seven Von Essen hotels sold to Halcyon Hotels and Resorts

PRESS RELEASES »
Oklahoma City and Dallas-Ft. Worth most business-friendly cities Абхазия: от любви до ненависти Ministry of Culture and Monuments Protection Supported by UN Women Open a Script Writers Competition

FINANCIAL »
PUMA sets up 100% subsidiary in Israel Nestlé invests 31 million dollars in pet food factory in Australia ISO's magazine focuses on standards and crisis management

UKRAINE »
Business lesders meet with Ambassador of Ukraine and US State department officials Economic Growth in Ukrain Executive summary

GEORGIA »
The Agreement on Credit Line Allocation has been signed between the KSB Bank and BSTDB Georgian Parents Georgians Not Fond of Tweeting

WORLD »
Record-Setting Astronaut Lopez-Alegria Departs NASA

BANKS »
Fitch Assigns Bank of Georgia's Note Issue 'BB-(exp)' Expected Rating Syzran sanitary ware plant to expand and modernise Bank of America Increases Relocation Assistance Payments

BUSINESS »
Margo Black to join Swiss Re as head of Latin American Reinsurance South, will be based in Brazil Alejandro Padilla to join Swiss Re as head of Latin American Reinsurance North ING reaction to announcement of European Commission

TECH »
IBM teams up with Thai Red Cross AIDS Research Centre to reduce new HIV infections to zero HP Helps T-Mobile Save Time, Money with Converged Infrastructure and Services Mobile Phone Shoppers Show Growing Preference for Text Marketing

MARKETS »
NYSE Euronext and China Financial Futures Exchange Sign Memorandum of Understanding NYSE Euronext welcomes Core Laboratories N.V. to its European market Record date for the OJSC MICEX-RTS shareholders register fixed

B SCHOOLS »
Exhibition: Glimpses of Bhutan Former PhD student turns the fashion world around Researchers discover new treatment path for eye disease

SPECIAL REPORTS »

Politics

Czech lawmaker charged over 'shoebox' bribe

16/05/2012 06:58 (13:37 minutes ago)
The FINANCIAL -- Czech police have charged an opposition leftist lawmaker with abuse of EU funds, a prosecutor said Tuesday, after he was nabbed with over a quarter million euros reportedly stashed in a shoebox.
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PR Releases

Oklahoma City and Dallas-Ft. Worth most business-friendly cities

05/05/2012 02:04 (11 Day 18:31 minutes ago)

The FINANCIAL -- Today Thumbtack.com, in partnership with the Kauffman Foundation, has released new data showing that Idaho, Texas, Oklahoma and Utah all earned A+'s for their friendliness towards small businesses.

Markets

NYSE Euronext and China Financial Futures Exchange Sign Memorandum of Understanding

16/05/2012 06:00 (14:35 minutes ago)

The FINANCIAL -- NYSE Euronext and the China Financial Futures Exchange signed a Memorandum of Understanding to promote a bilateral partnership to support the development of the exchanges futures and options markets.

Jobs

Amendments to regulations on the coordination of social security systems

11/05/2012 09:27 (5 Day 11:08 minutes ago)

The FINANCIAL -- The Council adopted a regulation1 amending regulations 883/2004 and 987/2009 on the coordination of social security systems following an agreement at first reading with the European Parliament.

TRAVEL BIZ

Sheraton Hotels Partners with Wine Spectator to Launch Premium Wine Program

16/05/2012 09:46 (10:49 minutes ago)
The FINANCIAL -- Sheraton Hotels & Resorts in cooperation with Wine Spectator magazine announce the global launch of Sheraton Social Hour, a first-of-its-kind, brand-wide premium wine program.
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Compass Group enjoys strong results worldwide, despite tough economic conditions in Europe

16/05/2012 09:42 (10:53 minutes ago)
The FINANCIAL -- Compass Group has reported a positive global performance for the first half of its financial year, but difficult economic conditions in Europe continue to hamper growth in the UK.
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Oil&Auto

Statoil transfers Vilje operatorship to Marathon

16/05/2012 08:14 (12:21 minutes ago)
The FINANCIAL -- Statoil transfers operatorship of the Vilje field in the North Sea to Marathon Oil Norge.
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