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Saturday, November 21, 2009
News Making Money

Russian steelmaker Severstal posts $66 mln net profit in Q3

19/11/2009 12:37 (1 Day 23:39 minutes ago)

The FINANCIAL -- According to RIA Novosti, Russia steelmaker Severstal reported on November 19 a net profit under International Financial Reporting Standards of $66 million in July-September 2009, compared with a $290 million loss in the second quarter.

IFC and Partners Help Strengthen Small and Medium Enterprises in Emerging Markets

19/11/2009 11:33 (2 Day 00:43 minutes ago)

The FINANCIAL -- IFC, a member of the World Bank Group, on November 18 said it is working closely with global partners to expand the service of the SME Toolkit for small and medium enterprises.

Grant Thornton LLP offers 10 year-end tax planning tips

19/11/2009 11:30 (2 Day 00:46 minutes ago)

The FINANCIAL -- Grant Thornton LLP wants to remind America that it's the perfect time to consider some holiday season tax planning strategies as 2009 winds down.

IFC Launches Program to Help Create Forest Plantations on Degraded Indonesian Lands

19/11/2009 11:28 (2 Day 00:48 minutes ago)

The FINANCIAL -- IFC, a member of the World Bank Group, has launched the Sustainable Forestry Program in Indonesia to support the creation of viable forest plantations on degraded lands, helping reduce the impact of climate change and create jobs in rural areas.

U.S. Chamber Releases Seven State Polls Showing Voters Opposed to Current Health Care Proposal

19/11/2009 11:25 (2 Day 00:51 minutes ago)

The FINANCIAL -- The U.S. Chamber of Commerce on Nocemver 18 released public opinion polls in seven key states – Alaska, Arkansas, Indiana, Louisiana, Nebraska, North Carolina, and Virginia – all of which showed voters in those states oppose current health care reform legislation, with substantial majorities saying it will increase the federal deficit and raise the cost of their health care. 

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Banks
World Bank’s Fund for Poorest Countries Delivers Record Support during Global Crisis

21/11/2009 11:22 (00:54 minutes ago)

The FINANCIAL -- World Bank management and representatives of 45 donor and 12 borrowing countries on November 20 concluded a three-day review of the performance of the International Development Association (IDA), the World Bank ’s fund for the 79 poorest countries, that has delivered record support during the global economic crisis.

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Politics
Biden Calls for Fulfilling Promises of Rose Revolution

20/11/2009 12:35 (23:41 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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Markets
NASDAQ OMX Launches New Fixed Income Index

21/11/2009 10:40 (01:36 minutes ago)

The FINANCIAL -- NASDAQ OMX Stockholm announces that it has launched a new fixed income index named OMRX All Index, which will act as a benchmark for the Swedish bond and money markets.

INSURANCE
ING restructuring plan approved by European Commission

19/11/2009 12:39 (1 Day 23:37 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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