Corporation News

By the company HypoCredit, which is non-bank financial institution with the principal activity - the financing of residential loans and mortgage business for small and medium enterprises, reported that issued the new order in the seventh issue corporate bonds. They are valued at 10 million and will be used for the main activity of the company. Are secured by the pledge of financial assets HypoCredit.
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Airline Lufthansa is without fixed-duration strike because negotiations failed to pay. From Verdi trade union representing employees of the airline wanted to get a pay increase of 9.8% on an annual basis, from a Lufthansa agree to an increase of 6.7% for 21 months.
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Where in the world can you get good returns these days? The gains from foreign equity funds are mighty tempting, especially those of emerging market portfolios, which, despite a recent slump, are up an annualized 25% over three years.

The General Director of British Airways Willie Walsh said in Madrid that the project for the merger between the “Iberia” (Spain) and “British Airways” (BA) is under discussion, a merger between the two companies will create the third in the world in terms of Air turnover.
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Russian Journal for business news RBK Daily quoted Russian Energy Minister Sergei Shmatko, which mentions a meeting with Italian Minister of economic development Claudio Skayola that the project for construction of the pipeline “South flow” will cost 20 billion dollars, not 10 billion, as was originally estimated.

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Question: I agree that it is misleading for planners to show clients results of their global portfolio compared with the raw S&P 500, stripped of dividends. Does the Mole have a suggested alternative for the best way to show clients the results of their global portfolio?

Chain of cafes Starbucks reports that within a week will close 61 of its cafes in Australia, which have a total of 84.

The Starbucks Cafes company has decided in future to concentrate on the main metropolitan areas of Australia as Sydney, Melbourne and Brisbane, meaning that by August 3 will close 61 of its establishments.
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From the International Monetary Fund say that the financial crisis has not ended.
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Hayretin Kaplan - President of the Black Sea Bank for Trade and Development on the one hand and on the other Petar Slavov, chairman of the board of ProCredit Bank and Rumyana Todorova - a member of the board signed a contract for a credit line worth 14.5 million euros, which will be used in three tranches, each of which for three years.

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Due to be designated by the Government of China salaries, which are starting to become too high for the German sporting goods company Adidas has decided to export part of its production made there to other countries such as Laos, Cambodia and Vietnam.

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