The FINANCIAL -- President Shimon Peres had talks with Greek Cypriot leader Dimitris Christofias during a key visit to the island on Thursday, discussing gas finds in the eastern Mediterranean, a discovery that has sparked a crisis between Turkey and Greek Cyprus.

The FINANCIAL -- Sheraton Metechi Palace Hotel management is thanking and expressing appreciation to Mr. Toni Toshev - former General Manager of the hotel, for his great effort and contribution towards our property.

The FINANCIAL -- Shares of South Africa's MTN Group Ltd. fell Friday after the company said it is investigating claims by Turkey's largest mobile phone operator that it engaged in corruption to secure a deal in Iran, according to London Stock Exchange.

The FINANCIAL -- General Motors will start construction next week on a new $200 million stamping facility that will create approximately 180 jobs, told General Motores.

The FINANCIAL -- Premier Inn, the UK’s biggest budget hotel chain, was crowned ‘Best Budget Hotel Brand’ for the third year in a row at last night’s Business Travel Awards beating off strong competition from the likes of Hampton by Hilton and Travelodge.

The FINANCIAL -- Rosneft posted excellent operational and financial results in 2011. According to Rosneft,  average daily hydrocarbon production rose by 2.6% to 2,586 th. boe. In Q4 2011, hydrocarbon production hit a record of 2,622 th. boe per day.