British Reporter

Zinifex long-term IDR affirmed on all-cash takeover offer for Allegiance – Fitch

The FINANCIAL -- Fitch Ratings said it has affirmed Zinifex Ltd's 'BB+' long-term foreign currency issuer default rating with a stable outlook, afer the base metals miner made an all cash offer for emerging nickel miner Allegiance Mining NL.

by The FINANCIAL

December 17, 2007

1 min read

BANKS

ADB, Bank Respublika sign loan agreement

The FINANCIAL -- According to APA-Economics, Asian Development Bank and Azerbaijan’s Bank Respublika have signed on December 17 a subordinate loan agreement.

by The FINANCIAL

December 17, 2007

1 min read

Insurance

Aon Corp To Sell Combined Insur Unit To Ace Ltd For $2.4 Billion

The FINANCIAL -- According to Dow Jones, Aon Corp. (AOC) agreed to sell its Combined Insurance Co. unit and certain other subsidiaries to Ace Ltd., a Hamilton, Bermuda, insurer, for $2.4 billion in cash.

by The FINANCIAL

December 17, 2007

1 min read

Insurance

Munich Re To Acquire US Healthcare Insurer Sterling Life

The FINANCIAL -- According to Dow Jones, Germany's Munich Re Group AG (MUV2.XE) on December 17 said it has concluded an agreement with Aon Corp. (AOC) to acquire 100% of Sterling Life Insurance Company via subsidiary Munich-American Holding Corporation.

by The FINANCIAL

December 17, 2007

1 min read

WORLD

Russia starts delivering nuclear fuel to Iran

The FINANCIAL -- According to RIA Novosti, the first shipment of nuclear fuel has been delivered to Iran's Bushehr nuclear power plant, Russia's state nuclear agency said on December 17.

by The FINANCIAL

December 17, 2007

1 min read

Oil & Auto

Azerbaijani President Ilham Aliyev receives BP executive vice-president

The FINANCIAL -- Azerbaijan’s President Ilham Aliyev received on December 17 executive vice-president of BP Andrew G. Inglis, President’s press service told APA.

by The FINANCIAL

December 17, 2007

1 min read

WORLD

TRACECA Intergovernmental Commission Presidency rotates to Kazakhstan

The FINANCIAL -- According to APA-Economics, the 4th conference of the TRACECA Intergovernmental Commission passed a number of decisions in Astana on December 12-13.

by The FINANCIAL

December 17, 2007

1 min read

Tech

NFC Mobile Phones Now in Georgia

The FINANCIAL -- For the first time in Georgia, Peoples Bank has introduced NFC-mobile phones, an innovative alternative to plastic cards.

by The FINANCIAL

December 17, 2007

1 min read

Business

European Commission and JT International (Japan Tobacco) sign 15-year Agreement to combat contraband

The FINANCIAL -- The European Commission, together with 26 participating Member States of the European Union[1], and JT International (JTI) last week announced a multi-year agreement that includes an efficient system to fight against future cigarette smuggling and counterfeiting.

by The FINANCIAL

December 17, 2007

2 mins read

Employment

BR to employ more than 200 People in 2008

The FINANCIAL -- Under the framework of the large-scale Presidential Employment program Bank Republic will offer about 200 vacancies and three-month professional training for citizens registered in the program throughout Georgia. Upon completion of the training, the successful candidates will enjoy the

by The FINANCIAL

December 17, 2007

2 mins read