British Reporter

At Ukrainian lunch in Davos, guests drank champagne with fat

The FINANCIAL -- A Ukrainian lunch was held in Davos, where the World Economic Forum took place, on January 25. The action is carried out by Ukrainian tycoon Victor Pinchuk and his wife Olena Franchuk annually since the year 2005. Some 150

by The FINANCIAL

January 28, 2008

1 min read

WORLD

EU foreign ministers face Serbia-Kosovo balancing act

The FINANCIAL -- According to EU business, EU foreign ministers perform a delicate diplomatic balancing act on January 28 when they seek to boost Serbia's pro-Europe presidential candidate Boris Tadic while readying to back a declaration of independence by Kosovo.

by The FINANCIAL

January 28, 2008

1 min read

Markets

Asian Markets Drop, Tracking Wall Street

The FINANCIAL -- Global market turmoil continued into a second week as Asian markets tumbled January 28 in the wake of Wall Street's sell-off January 25 amid persistent worries about a possible U.S. -- and worldwide -- economic slowdown.

by The FINANCIAL

January 28, 2008

2 mins read

WORLD

Bush to seek support for his agenda

The FINANCIAL -- According to Yahoo News, it's about the economy, and the war in Iraq, and other unresolved matters that have kept the nation on edge. But President Bush's State of the Union address on January 28 is something else, too: probably his

by The FINANCIAL

January 28, 2008

3 mins read

WORLD

Russia denounces allegations by spy defector in U.S. book

The FINANCIAL -- According to RIA Novosti, the Russian foreign intelligence service (SVR) said on January 28 that allegations by former spy master Sergei Tretyakov recently published in a book in the U.S. were "a PR move glorifying treason."

by The FINANCIAL

January 28, 2008

1 min read

Travel News

No delay to Service Quality Targets

The FINANCIAL -- British Airways is urging the Civil Aviation Authority to stop BAA delaying the introduction of improved customer service quality targets at Heathrow by up to two years.

by The FINANCIAL

January 28, 2008

1 min read

BANKS

Bank Eurasia to have the first international audit in April

The FINANCIAL -- According to APA-Economics, Azerbaijan-based Eurasia Bank plans to have an international audit in April.

by The FINANCIAL

January 28, 2008

1 min read

BANKS

Nikoil Bank doubles mortgage loan ceiling

The FINANCIAL -- According to APA-Economics, Nikoil Bank has doubled the mortgage loan ceiling $400,000. The bank said the change in mortgage loan lending program aims to provide more opportunities to customers to own more luxury homes.

by The FINANCIAL

January 28, 2008

1 min read

WORLD

Iran to give “serious” response to possible new UN sanctions

The FINANCIAL -- According to RIA Novosti, Iran's foreign minister said his country will give a "serious and logical" response to a possible new UN resolution on sanctions against Tehran over its controversial nuclear program.

by The FINANCIAL

January 28, 2008

1 min read

Georgia

‘Reintegration’ in Ministry Name Angers Sokhumi

The FINANCIAL -- According to Civil Georgia, renaming of the Georgian state ministry for conflict resolution issues into the ministry for reintegration, has further reduced chances for resumption of talks, Abkhaz foreign minister, Sergey Shamba, said, Abkhaz news agency Apsnipress reported on January

by The FINANCIAL

January 28, 2008

1 min read