Arhivă pentru noiembrie, 2008

Standard Chartered embarks on £1.78bn rights issue

noiembrie 25, 2008 la 8:04 am · Înregistrat sub Banking News, Industry News

Standard Chartered embarks on £1.78bn rights issue

Standard Chartered has announced plans to raise £1.78 billion in a rights issue.

Existing shareholders will be able to buy 30 shares for every 91 shares held at a price of 390 pence a share, representing a 48.7% discount on the company’s closing price on Friday 21st November.

According to the emerging markets bank, the fundraising will strengthen its position in the current economic uncertainty and allow it take advantage of opportunities that may present themselves in the global financial services sector.

The group, which is listed in London and Hong Kong, has reported that existing shareholder, Temasek, will be subscribing in full to the issue of new shares. The Singaporean sovereign wealth fund already holds a 19% stake in the business. more

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Clinton Is Said to Accept Offer of Secretary of State Position

noiembrie 22, 2008 la 9:39 pm · Înregistrat sub Banking News, Banks

Clinton Is Said to Accept Offer of Secretary of State Position

By PETER BAKER and HELENE COOPER
Published: November 21, 2008
WASHINGTON — Hillary Rodham Clinton has decided to give up her Senate seat to become secretary of state in the Obama administration, making her the public face to the world for the man who dashed her own hopes for the presidency, confidants of Mrs. Clinton said Friday.

The accord between the two leading figures of the Democratic Party was the culmination of a weeklong drama that riveted the nation’s capital. President-elect Barack Obama and Mrs. Clinton fought perhaps the most polarizing nomination battle in decades, but in recruiting her for his cabinet, Mr. Obama chose to turn a rival into a partner, and she concluded she could have a greater impact by saying yes than by remaining in the Senate.

Her selection is still to be formalized and will not be announced until after Thanksgiving. It would be yet another direction in the unlikely journey of a onetime political spouse in Arkansas who went on to build a political base of her own and become a symbol of achievement to many women.

The role, though a supporting one, would make her one of the most influential players on the international stage, and it would represent at least one more act for one of the nation’s most prominent public families, as former President Bill Clinton would also become an ad hoc member of the Obama team.

The sometimes awkward dance between Mr. Obama and Mrs. Clinton in the eight days since he invited her to Chicago for a meeting culminated in a telephone call on Thursday. Before the call, Mrs. Clinton was skeptical about the prospect of joining the cabinet, said her confidants, who insisted on anonymity to discuss the situation. But Mr. Obama addressed her concerns about access, personnel and other issues, leading her to conclude she should take the job, they said.

“She’s ready,” one of Mrs. Clinton’s confidants said. The first meeting in Chicago “was so general” that she needed to have a better sense of how she would fit into Mr. Obama’s administration, and the call helped her “just getting comfortable” with the idea of working together, the confidant said.

Mr. Obama’s advisers said that although no offer had been formally accepted, her nomination was “on track” and would probably be announced after the holiday. Mrs. Clinton’s Senate office broke a week of silence to acknowledge the talks but cautioned that they had not been made final. more

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Obama economic plan aims for 2.5M new jobs by 2011

noiembrie 22, 2008 la 9:37 pm · Înregistrat sub Banking

Obama economic plan aims for 2.5M new jobs by 2011

By WILL LESTER, Associated Press Writer

WASHINGTON – President-elect Barack Obama promoted an economic plan Saturday he said would create 2.5 million jobs by rebuilding roads and bridges and modernizing schools while developing alternative energy sources and more efficient cars.

“These aren’t just steps to pull ourselves out of this immediate crisis. These are the long-term investments in our economic future that have been ignored for far too long,” Obama said in the weekly Democratic radio address.

The goal is to it quickly through Congress, with help from both parties, after Obama takes office Jan. 20. The plan, which envisions those new jobs by January 2011, is “big enough to meet the challenges we face,” he said.

Obama noted the growing evidence the country is “facing an economic crisis of historic proportions” and said he was pleased Congress passed an extension of unemployment benefits this past week. But, he added, `We must do more to put people back to work and get our economy moving again.”

Nonetheless, he said, “There are no quick or easy fixes to this crisis, which has been many years in the making, and it’s likely to get worse before it gets better.” more

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Inscrieri Empretec

noiembrie 21, 2008 la 8:04 am · Înregistrat sub Inscrieri Empretec

Inscrierea la atelierul de lucru EMPRETEC costa 750 EUR. Costul redus al atelierului de lucru, in comparatie cu alte cursuri de acelasi calibru, este datorat colaborarii dintre UNCTAD si Guvernul Romaniei.
Atelierul de lucru se desfasora cu maxim 20 de participanti, cu suportul a 3 traineri certificati internationali EMPRETEC prin intermediul UNCTAD. Taxa de inscriere include:

* – participarea la cele 9 zile de atelier de lucru
* – materialele de suport ale atelierelor de lucru
* – masa de pranz

Inscrieri Empretec Click Aici

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Merkel’s Opel Offer Slammed

noiembrie 20, 2008 la 7:52 am · Înregistrat sub GM, Merkel, Opel, carmaker

Merkel’s Opel Offer Slammed

The German government’s offer to come to the rescue of carmaker Opel has come in for hefty criticism, particularly from within Chancellor Merkel’s own party. Meanwhile Opel says it is reducing production for next year and cutting back to a 30-hour week in most plants.
hey say that if America sneezes, the world catches a cold. Now, it seems that if US auto giant General Motors has influenza then its European subsidiary Opel is going to straight to the German government for the aspirin.

On Monday Berlin agreed to consider extending loan guarantees to Opel so that it can insulate itself from the troubles at its parent company in Detroit. While Chancellor Angela Merkel was careful to insist that any such move would be a special case, the plans are already coming under fire. Some politicians from within her own party have attacked any hint of a bailout, with some arguing that German taxpayers should not be helping out what is essentially a US company.

Merkel met with Opel executives on Monday after they asked for a loan guarantees of around €1 billion ($1.26 billion) to ensure liquidity if Detroit-based GM files for bankruptcy. The entire US car industry is pleading for a government aid package of around $25 billion to weather the current problems wrought by the worst economic situation in decades.more

In Germany, where the auto industry is one of the biggest employers, some are concerned that any state aid to Opel could flow across the Atlantic to prop up its US parent company. Others worry that bailing out one company or one sector could have a snowball effect with troubled firms automatically turning to the state when the going gets tough.more

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Merkel’s Opel Offer Slammed

noiembrie 20, 2008 la 7:51 am · Înregistrat sub GM, Merkel, Opel, carmaker

Merkel’s Opel Offer Slammed

The German government’s offer to come to the rescue of carmaker Opel has come in for hefty criticism, particularly from within Chancellor Merkel’s own party. Meanwhile Opel says it is reducing production for next year and cutting back to a 30-hour week in most plants.
hey say that if America sneezes, the world catches a cold. Now, it seems that if US auto giant General Motors has influenza then its European subsidiary Opel is going to straight to the German government for the aspirin.

On Monday Berlin agreed to consider extending loan guarantees to Opel so that it can insulate itself from the troubles at its parent company in Detroit. While Chancellor Angela Merkel was careful to insist that any such move would be a special case, the plans are already coming under fire. Some politicians from within her own party have attacked any hint of a bailout, with some arguing that German taxpayers should not be helping out what is essentially a US company.

Merkel met with Opel executives on Monday after they asked for a loan guarantees of around €1 billion ($1.26 billion) to ensure liquidity if Detroit-based GM files for bankruptcy. The entire US car industry is pleading for a government aid package of around $25 billion to weather the current problems wrought by the worst economic situation in decades.more

In Germany, where the auto industry is one of the biggest employers, some are concerned that any state aid to Opel could flow across the Atlantic to prop up its US parent company. Others worry that bailing out one company or one sector could have a snowball effect with troubled firms automatically turning to the state when the going gets tough.more

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EMPRETEC Prezentare Training Empretec

noiembrie 19, 2008 la 9:25 pm · Înregistrat sub Empretec

EMPRETEC Prezentare Training Empretec

Empretec este programul international de dezvoltare antreprenoriala dezvoltat de Harvard Business School, sustinut de Natiunile Unite si Guvernul Romaniei.

Programul EMPRETEC a aparut ca o consecinta a dezvoltarii intreprinderilor mici si mijlocii ca baza a cresterii economice in economiile emergente. De la prima sa livrare, acum 20 de ani in Argentina, EMPRETEC si-a creat o audienta formata din peste 80.000 de antreprenori din 27 de tari, devenind unul dintre cele mai populare si eficiente programe de dezvoltare antreprenoriala.

EMPRETEC este promovat de catre UNCTAD (United Nations Conference for Trading And Development), ce gestioneaza livrarea cursului in toate tarile lumii.

Atelierul de lucru EMPRETEC a ajuns in Romania printr-un parteneriat intre Natiunile Unite si Guvernul Romaniei, prin intermediul Ministerului pentru Intreprinderi Mici si Mijlocii, Comert, Turism si Profesii Liberale, ce gestioneaza programul “UNCTAD/EMPRETEC – Romania pentru sprijinirea dezvoltarii intreprinderilor mici si mijlocii”.

Mai multe detalii despre programul Empretec si pentru inscrieri click aici.

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EMPRETEC Prezentare Training Empretec

noiembrie 19, 2008 la 8:56 pm · Înregistrat sub Empretec, Training Program

EMPRETEC Prezentare Training Empretec

Empretec este programul international de dezvoltare antreprenoriala dezvoltat de Harvard Business School, sustinut de Natiunile Unite si Guvernul Romaniei.

Programul EMPRETEC a aparut ca o consecinta a dezvoltarii intreprinderilor mici si mijlocii ca baza a cresterii economice in economiile emergente. De la prima sa livrare, acum 20 de ani in Argentina, EMPRETEC si-a creat o audienta formata din peste 80.000 de antreprenori din 27 de tari, devenind unul dintre cele mai populare si eficiente programe de dezvoltare antreprenoriala.

EMPRETEC este promovat de catre UNCTAD (United Nations Conference for Trading And Development), ce gestioneaza livrarea cursului in toate tarile lumii.

Atelierul de lucru EMPRETEC a ajuns in Romania printr-un parteneriat intre Natiunile Unite si Guvernul Romaniei, prin intermediul Ministerului pentru Intreprinderi Mici si Mijlocii, Comert, Turism si Profesii Liberale, ce gestioneaza programul “UNCTAD/EMPRETEC – Romania pentru sprijinirea dezvoltarii intreprinderilor mici si mijlocii”.

Mai multe detalii despre programul Empretec si pentru inscrieri click aici.

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Financial News

noiembrie 18, 2008 la 1:13 pm · Înregistrat sub Financial News

S-a lansat noul site FinancialDose.com care va prezinta ultimele stiri din domeniul financiar, bancar si economic international. Daca vreti sa fiti la curent cu ultimele detalii despre criza economica internationala, cu ultimele mutari strategice ale firmelor internationale si sa fiti conenctat la viata financiara mondiala Financial News va asteapta cu doza zilnica de stiri.

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Financial Banking News Worldwide

noiembrie 18, 2008 la 1:09 pm · Înregistrat sub Banking News, Financial News

S-a lansat noul site FinancialDose.com care va prezinta ultimele stiri din domeniul financiar, bancar si economic international. Daca vreti sa fiti la curent cu ultimele detalii despre criza economica internationala, cu ultimele mutari strategice ale firmelor internationale si sa fiti conenctat la viata financiara mondiala FinancialDose.com va asteapta cu doza zilnica de stiri.

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