You are currently browsing the Business & Financial News weblog archives for December, 2007.
The board of directors of Italian airline Alitalia supports a nominee of competitor Air France-KLM as the buyer of a state block of shares. Such decision has been accepted during special assembly of Alitalia’s members of board.
Air France-KLM considers, that this transaction will allow to reach significant synergetic effect and plans to invest nearby 6,5 […]
Today China is going to present the first passenger plane of own manufacture - ARJ-21, nicknamed “Flying Phoenix “. It is a significant step in development of country’s aviation program.
As it has become known from commission on scientific technologies and manufacture for defense of the country, ceremony takes place tonight at the Shanghai factory on […]
Already in the near future already in the near future French power company Gaz de France can be transferred in private hands. The corresponding decree is published by the government of the country.
Now the percent of the state shares in Gaz de France makes approximately 80 %. Perspective alterations have been brought in the French […]
According to last data, significant reduction of oil recovery Brent at Northern sea shelf is planned already in 2010. Till 2012 volumes of oil, extracted in this region, will decrease up to 3,66 million barr./day and up to 2,7 million barr./day in 2020.
Analysts mark that these forecasts speak only about one tendency -very the Europe […]
National pension service of South Korea, which is supervising almost 200 billion dollars, plans to invest $21,5 billion in foreign power projects within the next ten years.
As the pension service has informed today, the responsibility for the investment program will be distributed between three state power companies - Korea National Oil Corp., Korea Gas Corp. […]
Company LaSalle Investment Management, which is specializing on investments into the real estate worldwide, will invest 20 billion dollars in the real estate in Asia within the nearest 3-4 years.
As executive director of the company has informed, it is connected with region’s investment attractiveness. Thus it has added that at least half of this sum […]
The largest avialeasing company in the world, division of company General Electric Co., GE Commercial Aviation Services (GECAS) has made an order for purchase of 55 air liners at American concern Boeing Co.
GECAS is going to buy 53 planes Boeing 737-800 and 2 planes Boeing 777-300. The general catalogue cost of air liners makes 4,5 […]
Many Asian companies are ready to break a record on number of transactions of merges and absorption (mergers and acquisitions, M&A). On a background of prices sharply growing of raw materials prices, it would be very favorable for investors of this region to get the companies, engaged in metals’ extraction.
However, experts mark that among them […]
The world financial markets have not still recovered from August credit crisis subprime. However, Islamic bank and financial sectors of economy remain amazingly quiet. Moreover, Islamic creditors and underwriters are carrying out the brisk trade.
Delivery rules of the credit under the name “sukuk” (Islamic medium-term bonds) have become one of the most widespread Islamic schemes. […]
Alitalia’s management considers the plan French Air France-KLM on re-structuring of unprofitable Italian airline “clearer”, than variant with Air One, owing to greater affinity to sights of Alitalia’s management.
As Alitalia’s President has mentioned it is obvious from Air France-KLM offer that their plan is close to Alitalia’s own plan, but they still should understand, how […]
