Posted by admin on February 28th, 2008
The FINANCIAL — With energy prices and greenhouse gas emissions ballooning at the same time as energy demand from China, India and Brazil is surging, the world has a major stake in successful energy reduction efforts in these big developing nations, says a new World Bank book released on February 27.
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Posted by admin on February 28th, 2008
The FINANCIAL — The World Bank Board of Executive Directors on February 26 endorsed the World Bank and the African Development Bank Joint Assistance Strategy (JAS) to support the implementation of the Gambia’s PRSP-II for the next four years (2008-2011).
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 According to Madani M. Tall, Country Director for The Gambia, “this [...]
Posted by admin on February 28th, 2008
The FINANCIAL — Dianne Thompson CBE, Chief Executive of Camelot Group Plc, operator of The UK National Lottery, has recently taken on an additional role as Chairwoman of the Advisory Board at Aston Business School in Birmingham.
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Named the “first lady of marketing when she topped Marketing magazines Power 100 [...]
Posted by admin on February 28th, 2008
The FINANCIAL — GIC Real Estate, the property investment arm of the Government of Singapore Investment Corporation, Starwood Capital Group Global, LLC and Morgan Stanley Capital K.K. announced on February 26 that an affiliate of GIC Real Estate has completed the transaction to purchase The Westin Tokyo from a special purpose company owned by real estate funds [...]
Posted by admin on February 28th, 2008
The FINANCIAL — Ann Almeida, Group Head of Human Resources, and Brian Robertson, Group Chief Risk Officer, have been appointed Group Managing Directors and join the HSBC Group Management Board, with effect from 25 February 2008.
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Chaired by Group Chief Executive, Michael Geoghegan, the 11-person Group Management Board constitutes the [...]
Posted by admin on February 28th, 2008
The FINANCIAL — KfWÂ on February 26Â issued its first global bond in Japanese yen this year. The issue volume of the bond is JPY 100 billion (EUR 623 million). It has been very well received by investors. The lead managers are Daiwa, Mitsubishi UFJ and Nikko Citi. Co-lead managers are Mizuho, Nomura and UBS.
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Posted by admin on February 28th, 2008
The FINANCIAL – Bank of America announced on February 26 that Jeffrey J. Brown has been named Corporate Treasurer and Charles F. Bowman Finance Business executive.
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Brown and Bowman are replacing J. Chandler (Chan) Martin who is retiring after 27 years of service with the company. Effective mid March, Martins responsibilities will be [...]
Posted by admin on February 28th, 2008
The FINANCIAL — According to Gulfnews, Standard Chartered Plc, the only UK bank trading higher than a year ago, said 2007 profit increased 25 per cent, driven by lending in India, Hong Kong and the Middle East.
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Net income rose to $2.84 billion, or $1.99 a share, from $2.28 billion, [...]
Posted by admin on February 28th, 2008
The FINANCIAL — Microsoft Corp. on February 26 announced the launch of its first Microsoft Embedded Systems Development Centre (MESDC) in Aachen, Germany.
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The MESDC is part of Microsoft ’s effort to expand regional development centers in Denmark, France, Ireland, Serbia, the U.K. and other countries across Europe. The center will [...]
Posted by admin on February 28th, 2008
The FINANCIAL — New investment flows channelled through the Spanish stock exchange in 2007 reached $ 119.73bn, only behind NYSE in the world ranking, according to data from the World Federation of Exchanges (WFE).
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New investment flows channelled through the market include capital raising transactions and new flotations on the [...]