The FINANCIAL — Populi, the pioneer local retail grocery and household operator in Georgia and winner of Golden Brand 2007 awards, claims to have tripled its income in 2007. As the company stated, the significant increase from GEL 16 million to GEL 48 million within a year is due to the reasonable investments provided by [...]
AMSTERDAM (Reuters) - Investment company Carlyle Capital Corp (CARC.AS: Quote, Profile, Research) said on Wednesday that its liquidators have determined the fund to be insolvent and that investors were not likely to get any proceeds after its operations wind up.
Amsterdam-listed Carlyle, which late on Tuesday asked for trade in its shares [...]
Canada Pension to Bid for Other Gateways With Auckland Airport
By Emma OBrien
March 14 (Bloomberg) — Canada Pension Plan Investment Board,
which today won approval from shareholders for its partial
takeover of Auckland International Airport Ltd., said it will
work with the New Zealand [...]
Citic 2007 Profit Soars Fivefold on China Stock Boom
By Zhao Yidi
March 16 (Bloomberg) — Citic Securities Co., Chinas
largest brokerage by market value, said profit soared fivefold
last year as the nations stock market almost tripled, boosting
income from trading fees and investments.
[...]
Auckland Airport Shareholders Endorse Canadas Offer
By Emma OBrien
March 14 (Bloomberg) — Auckland International Airport Ltd.
said a majority of investors accepted Canada Pension Plan
Investment Boards partial takeover bid for New Zealands busiest
gateway, after the fund reduced its voting power.
[...]
NordLB Fires Trader for Bets That May Lead to $129 Million Loss
By Aaron Kirchfeld
March 13 (Bloomberg) — Norddeutsche Landesbank
Girozentrale, Germanys fourth-biggest state-owned bank, fired a
trader for stock investments that could lead to losses of 82.5
million euros ($129 million).
[...]
Berkeley Raises $1.1 Billion to Keep Professors From Ivy League
By Brian K. Sullivan and Matthew Keenan
March 14 (Bloomberg) — The University of California,
Berkeley, the highest-ranked state college in the U.S., has
raised $1.1 billion toward a war chest to fight raids [...]
Argentine Ex-Central Bankers See Lower Consumption
By Eliana Raszewski
March 14 (Bloomberg) — Argentinas consumption levels will
probably fall in the second half of the year as a result of
accelerating inflation, former central bank President Alfonso
Prat-Gay said.
[...]
The FINANCIAL — According to Gulfnews, the Abu Dhabi Group, an investment company owned by a member of the ruling family of the emirate, said it paid $42 million for Georgias Standard Bank as it seeks to tap economic growth in the former Soviet state.
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We see good prospects for [...]
By Jon Hurdle
PITTSBURGH (Reuters) - Growing U.S. demand for alternative energy is boosting job creation and investment in renewable fuels and energy efficiency technology, experts told a national conference ending on Friday.
Workers are finding jobs building turbines for wind farms, installing solar panels and retrofitting buildings with stronger insulation as businesses [...]
