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The FINANCIAL -- BEYONCÉ has become the fastest selling album ever on the iTunes Store worldwide with an unprecedented 828,773 albums sold in just its first three days, according to Apple Inc.
The FINANCIAL -- Typhoon Haiyan caused some devastating damage in the Philippines. Nobody could help but be moved by the dreadful images of the natural disaster in the Philippines in the past few weeks, according to Lufthansa AG.
The FINANCIAL -- Aeroflot was recognized as a company with the most active innovations of the year in the Transport and Engineering category according to the experts of an independent award "Time of Innovation 2013".
The FINANCIAL -- Czech Airlines has decided to discontinue its Prague – Abu Dhabi regular scheduled service after almost three years of operations, according to Czech Airlines j.s.c.
The FINANCIAL -- American Express has agreed to settle two putative antitrust class actions filed by U.S. merchants that challenged the company’s Card acceptance agreements, according to American Express Company.
The FINANCIAL -- Starwood Hotels & Resorts Worldwide, Inc. announced its rapidly expanding Four Points brand has opened its second hotel in Jacksonville, Florida.
The FINANCIAL -- RIDA Development Corporation in conjunction with the Houston First Corporation will develop a 1,000-room Marriott Marquis in the heart of Houston, according to Marriott International, Inc.
The FINANCIAL -- Constellation Barclay Holding US, LLC, which is an affiliate of Constellation Hotels Holding Limited, has agreed to acquire an 80% interest in a joint venture with InterContinental Hotels Group to own and refurbish the InterContinental New York Barclay (the “Hotel”), according to IHG.
The FINANCIAL -- As they look ahead to 2014, Americans are getting their financial houses in order by paying closer attention to their credit scores and managing their debt, according to the inaugural “How America Buys and Borrows” survey by Wells Fargo & Company.
The FINANCIAL -- Morgan Stanley announced a definitive agreement to sell the Global Oil Merchanting unit of its Commodities division to a 100 percent subsidiary of Rosneft Oil Company. Financial terms of the transaction were not disclosed, accordingo to Morgan Stanley.
The FINANCIAL -- AfrAsia Bank and MasterCard introduce Africa’s first travel rewards program offering real time booking on over 450 airlines and at 200,000 hotels to its World and Titanium MasterCard cardholders, according to MasterCard.
The FINANCIAL -- MasterPass™, MasterCard’s new digital payment platform is debuting in Italy, offering consumers, by the end of the first quarter 2014, an easier, quicker, and more secure way to shop online, according to MasterCard.
The FINANCIAL -- For centuries, the Middle East provided obvious trade hubs for merchants as they travelled between the East and the West. This pattern is being repeated now, as air travel in emerging markets takes off. The focus of the airline industry is shifting east and the Middle East’s prime location at the crossroads between Asia, Africa and Europe means it is once again an important gateway for travel.
The FINANCIAL -- Manufacturing conditions in China fell to a three-month low in December, according to the HSBC Flash China Manufacturing Purchasing Managers Index™ (PMI™). The index dropped to 50.5, from 50.8 in November.
The FINANCIAL -- New figures from Barclays predict that a total of £47 billion will be spent on debit cards during December this year, as consumers use them to spend a record £31.9 billion and withdraw a £14.9 billion of cash from ATMs, according to Barclays.
The FINANCIAL -- Investors enter 2014 optimistic about the global economy and outlook for Japanese and European equities, according to the BofA Merrill Lynch Fund Manager Survey for December.
The FINANCIAL -- On December 18, at 12.00, in the Head office of VTB Bank (Chanturia str. #14) the joint Press-conference and Sponsorship Agreement signing ceremony was held between VTB Bank and Georgian Equestrian Federation.
The FINANCIAL -- While the Khachapuri Index continues to climb up in a perfectly predictable fashion – driven by the seasonal increase in the price of cheese – a bit of drama is being provided by the ups and downs in the price of eggs.
The FINANCIAL -- Auto import has increased by 17% during the first ten months of 2013, in comparison with the same period of last year. Germany, Japan and the USA remain the main countries from which cars are imported to Georgia. Almost 90% of imported vehicles have been exported from Georgia mostly to Azerbaijan and Armenia. Mercedes-Benz, Opel, Toyota and BMW remain the top most popular auto brands.
The FINANCIAL -- With the special New Year period rapidly approaching, The FINANCIAL decided to take a look at which children’s toys have the highest chances of ending up under the tree this year.