There is a dispute with the domain name, the reason for lack of publishing recently; something will be sorted out soon, we will keep you updated.
Thursday, 26 February 2015
Thursday, 19 February 2015
The Second largest bottler of Coca-Cola HBC declares a shocking 11.4% drop in their fourth quarter profit.
A $40 million loss within Russia, 2014 was announced last week.
The Russian Central Bank predict a forecast, the forecast being that the Russian economy will decline from 5% to 2.5% some time in 2015.
Wednesdays earnings report - expressed good performance within Greece, Nigeria, Poland, Austria. Yet the CEO is unsure about the future.
Weak demand combined with political issues in Ukraine have punctured sales in Russia. Also, the expectations for the company were completely missed due to the crumbling Ruble, which lost around 45% when compared against the dollar a few months ago.
Due to weak demand, In March 2014, Coca cola announced they will be closing down a third of juice produce in Russia, through the process of shutting down two of their four plants. One was in Siberia, the other Moscow. One of the largest brewer companies, 'Carlsberg' also shut down 2 of their 10 breweries within Russia for the same reasons as Coca Cola.
In conclusion, Coca-Cola HBC are faced with some big problems, problems they have not had for a long time; weak demand is harming the company, badly and can worsen.
Weak demand seems exist in Switzerland & Italy. Where as, sales increased by 2% last year in Greece.
- Coca-Cola cannot be complacent with the result in Greece, instead they may land in much more problems, that is if Athens fail to sort out their Debt package.
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Tuesday, 17 February 2015
Russian SSJ-100 planes the reason for 1% of Mexican airline delays.
Statements Which Interjet Directer (Jose Luis Garza) Told RIA Novosti :
“We have a technical dispatch reliability indicator [the ability of an aircraft to depart on time]. The SSJ-100 that flies in Mexico in short cycles has this indicator set at 99 percent.”
"SSJ-100 is fully computerized and features very complicated systems, so sometimes the system sends distress signals about technical problems that do not exist"
"This is absolutely normal, SSJ-100 is a young aircraft"
- There seems to be a small problem with the indictor within the
plane, but then again timing is everything in an airline company;
Garza shakes the issue off and claims that the reason is that SSJ-
100 is young and in development. This issue doesn't seem critical,
in a sense Mexico seem to be examining development of planes in Russia.
Interjet purchased 20 SSJ-100 panes from Russia Sukhoi, 12 have been delivered.
Read more on this purchase here: http://www.innovativereport.com/2015/02/interjet-acquires-10-russian-ssj-100.html
Read more on this purchase here: http://www.innovativereport.com/2015/02/interjet-acquires-10-russian-ssj-100.html
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Recent obsession with IPO makes multiple people multi-billionaires, in a few weeks.The IPO (Initial public offerings) market within China, has been hit with a swift wind - due to the boom of the 1990s. Those who profited heavily range from airline companies, game developers to drug-store chains.
This stock growth has also enriched Shenzhen Fenda (Technology company), Yunnan HongXiang Yixintang (Pharmaceutical Company). These founders have just added them-selves to China's richest, gaining billions in tangible currency - These are only a few.
The founder of Alibaba group holding earned a nice $6.7 billion.
Most billionaires derived from the Alibaba group holding, in which a subsidiary of theirs doubled their valuation to a hefty $50 billion just a month ago. Jack ma is the founder, the richest man in Asia.
Investors - well some of them are 'predicting' further growth of Chinese stocks. Where as others warn that this rally is maybe a bubble, deemed to exceed demand. Will have to see which of those investors are right.
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Monday, 16 February 2015
Statement By Ruben Beltran Guerrero (Mexican Ambassador):
“Russia is currently not investing heavily into projects in Mexico. But there are signals from some companies, such as, for example, LUKoil and Gazprom. They are interested in participating in Mexico’s energy sector, the decision will be made based on tender results.” - He told RIA Novosti.
- This may spark more corporate deals in Mexico, in the energy sector as-well as with other sectors.
State run oil companies have waited 80 years to make business deals with private companies as-well as to gain some interest in extraction to investment to storage of their oil. They have now been given permission. These State-run companies are the Federal Electricity Commission (CFE) and Pemex.
Due to this Mexico has undergone a complete transformation in their energy sector since December, 2013.
This has allowed discussion to take place, Russia getting in first by Lukoil signing a cooperation agreement with Pemex and Gazprom stepping back but are deeply interested.
There are Intentions for Russia energy giants to enforce oil projects just off these states: Campeche, Veracrus, Tabasco; development projects are due to start in June, 2015.
There has been a random spark of business between Russia and Mexico, it may be enough to say their relationships are very close,
It was only recently that Mexico Injerjet bought SSJ-100 planes from Russia. Read more here: http://www.innovativereport.com/2015/02/interjet-acquires-10-russian-ssj-100.html
There has been a random spark of business between Russia and Mexico, it may be enough to say their relationships are very close,
It was only recently that Mexico Injerjet bought SSJ-100 planes from Russia. Read more here: http://www.innovativereport.com/2015/02/interjet-acquires-10-russian-ssj-100.html
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