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The FINANCIAL -- Banana Republic unveiled a new look with its Spring 2014 campaign – a heartfelt nod to the modern day adventurer who appreciates the journey, not just the destination, and is perfectly outfitted every step of the way, according to Gap Inc.
The FINANCIAL -- Behind a real estate strategy focused on providing the broadest selection of products and convenient access through a digitally connected, multi-format portfolio, Wal-Mart Stores Inc. is significantly accelerating its capital plan for U.S. small store format openings for the current fiscal year, according to Wal-Mart Stores Inc.
The FINANCIAL -- The excellent development of Vienna Insurance Group in Slovakia continues. The Group expanded its market share to 34.5 per cent, sharply increasing its edge over competitors, according to Vienna Insurance Group.
The FINANCIAL -- Swiss Re has delivered a net income of USD 4.4 billion for 2013.
The FINANCIAL -- Allianz has signed the Principles for Sustainable Insurance (PSI) of the United Nations Environment Programme Finance Initiative (UNEP-FI), effective February 2014, according to Allianz.
The FINANCIAL -- When the best athletes around the globe gather for the Olympic Games, national pride is often tied to which country wins the most medals. Yet patriotic victories can become confusing when some countries grant citizenship to elite foreign-born athletes.
The FINANCIAL -- A new report from the Congressional Budget Office likely will fuel both sides of the minimum-wage debate — those who see it as a valuable weapon against poverty and inequality and those who dismiss it as irrelevant at best and a job-killer at worst.
The FINANCIAL -- The co-rapporteurs for the monitoring of Ukraine by the Parliamentary Assembly of the Council of Europe (PACE), who have just arrived in Kyiv at the start of a four-day visit, have strongly condemned the outbreak of violence in the city, in which several deaths have been reported, allegedly by police bullets, and many injured, according to the Parliamentary Assembly.
The FINANCIAL -- Following the start of exclusive talks in November 2013, RBS and BNP Paribas are pleased to announce that an agreement has been reached for the sale of certain assets and liabilities of RBS's Structured Retail Investor Products & Equity Derivatives to BNP Paribas Global Equities and Commodity Derivatives(GECD).
The FINANCIAL -- Over 400 investor entities participated, representing over $1.8 trillion in hedge fund assets and over two thirds of the entire market by assets under management, according to Deutsche Bank's twelfth annual Alternative Investor Survey.
The FINANCIAL -- Wells Fargo & Company contributed $275.5 million to 18,500 nonprofits in 2013, marking the fifth consecutive year of more than $200 million in total annual corporate giving, according to Wells Fargo.
The FINANCIAL -- MasterCard will publish a specification that leverages Host Card Emulation (HCE) for secure near field communication (NFC) payment transactions, according to MasterCard.
The FINANCIL -- As part of a $1 million investment nationwide, Chase will provide a $122,000 grant to The University of Texas at Arlington to fund educational opportunities for military veterans, according to JPMorgan Chase & Co.
The FINANCIAL -- The US Federal Reserve has a new Chair, but Janet Yellen gave every indication in her first Congressional testimony that she will continue the policies of her predecessor, Ben Bernanke. That means interest rates should remain low for the rest of this year and for most of 2015. “Too many Americans remain unemployed, and inflation remains below our longer-run objective,” she said.
The FINANCIAL -- Barclaycard is to showcase its new mobile point of sale solution, ‘Barclaycard Anywhere’, on the Visa stand at the forthcoming Mobile World Congress in Barcelona, according to Barclays.
The FINANCIAL -- Investment provider, Parmenion, is the first in the industry to offer clients the option to transfer money into their investment accounts by simply using their mobile phone, according to Barclays.
The FINANCIAL -- Growing fears of a hard landing for China’s economy have further marginalized emerging market equities. But investors have sent a clear signal that sentiment toward developed world equities remains strong, according to the BofA Merrill Lynch Fund Manager Survey for February.
The FINANCIAL -- On February 18 th, at 12 p.m., in the building of the VTB Bank Head office (G. Chanturia str. N14 ), VTB Bank and Caucasus University held joint press conference and signed Strategic Partnership Agreement.
The FINANCIAL -- After more than two months of its devaluation the Georgian Lari has started steadying towards foreign currency, varying from 1.72-1.73 towards the USD down from 1.80.
The FINANCIAL -- The import and consumption of diesel is increasing in Georgia, according to statistics provided by the Association of Oil Product Importers and Distributors. In total 376,636 tonnes of petroleum and 479,710 tonnes of diesel were imported in Georgia in 2013.