11 Aug 2010 [05:58] Transocean profit hit by BP spill

11 Aug 2010 [05:57] Toyota profits rise after sales recover

11 Aug 2010 [05:56] Adidas profits boosted by World Cup sales

11 Aug 2010 [05:55] Taiwanese computer maker Acer sees profits surge

11 Aug 2010 [05:54] Standard Chartered profits up 10%

11 Aug 2010 [05:53] HSBC sees profits double to $11bn

11 Aug 2010 [05:52] Thai Airways, 4 big shopping centers launch privileges for THAI passengers

11 Aug 2010 [05:51] Cambodia bans imports of pigs, fearing spread of disease

11 Aug 2010 [05:50] Russia to deliver S-300 missiles to Azerbaijan

11 Aug 2010 [05:49] RBS sells 318 branches to Santander

Euromoney names AccessBank as Best Bank of Azerbaijan

AccessBank has been announced the Best Bank of Azerbaijan at annual ceremony “Euromoney Awards for Excellence 2010”.

Commenting the awards AccessBank’s general manager Andrew Pospielovsky said: “AccessBank’s success is based on the individual contribution of each member of our staff. Winning the Euromoney Best Bank award, the most prestigious awards in the financial world, is recognition of the dedication of our staff. In addition, the award again recognizes that our corporate goal of ‘Responsible Banking’, of ensuring that each product we offer is truly beneficial for each client, is also a good foundation for business success”.
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Posted by CBN Staff on 11 Aug 2010 [03:16] | Tell a friend | Comments 0

Azerbaijan introduces system of family doctors and training of paramedics

With World Bank’s assistance the Ministry of Health of Azerbaijan has introduced family doctor system in the country not waiting for legislative support of family medicine.

The Bank says that by the health minister’s order the district doctors were transferred to the status of family physicians, and the process of their retraining began.

"Appropriate training courses are under completion in Shaki and Ismailli regions of the country. Only doctors will be subjected to retraining. The process of re-training and re-profiling will also cover paramedical personnel,” the WB indicated.
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Posted by CBN Staff on 11 Aug 2010 [03:15] | Tell a friend | Comments 0

Azerbaijan and Turkmenistan agree on zero quota of sturgeon caviar export in 2010

The Secretariat of the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES) has published today the export quotas for caviar and other sturgeon products agreed by the Caspian States for 2010.

The Secretariat informs that the 2010 quotas were agreed by Azerbaijan, the Islamic Republic of Iran, Kazakhstan, the Russian Federation and Turkmenistan during a meeting held in Tehran.
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Posted by CBN Staff on 30 Jul 2010 [04:22] | Tell a friend | Comments 0

EBRD, EIB & WB express interest to upgrade storage and transit of gas to Ukraine

The European Bank for Reconstruction and Development (EBRD), European Investment Bank (EIB) and World Bank announced receipt of expressions of interest for consultations in preparation for upgrading storage and transit of gas to Ukraine.

According to the EBRD, the interest will be accepted until 5 pm at London time on 20 August. The consultant is selected within EBRD, EIB & WBG project worth 2bn Euro on behalf of NAK Naftogaz of Ukraine.
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Posted by CBN Staff on 30 Jul 2010 [04:20] | Tell a friend | Comments 0

Activists win Asian ‘Nobel Prize’

The mayor of Hiroshima, in Japan, and a Chinese photographer who has documented pollution in the face of official harassment are among the winners of this year's Ramon Magsaysay prize.

The award, named after an ex-president of the Philippines, is widely seen as Asia's version of the Nobel Prize. Mayor Tadatoshi Akiba, a survivor of the WWII nuclear bomb, has led a global campaign for nuclear disarmament.
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Posted by CBN Staff on 11 Aug 2010 [03:35] | Tell a friend | Comments 0

UN to launch Pakistan flood appeal

The UN is to launch an appeal to help Pakistan tackle the country's worst flooding in 80 years.

UN Secretary General Ban Ki-moon issued an urgent plea for donors to "generously support Pakistan at this difficult time". A UN official said the disaster had now affected nearly 14 million people, eclipsing the scale of the 2004 Indian Ocean tsunami.
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Posted by CBN Staff on 11 Aug 2010 [03:32] | Tell a friend | Comments 0

Transocean profit hit by BP spill

Offshore drilling firm Transocean has seen quarterly profits drop due to legal costs and reduced income after the BP Deepwater Horizon oil spill.

It lost its rig in the April blowout, which also resulted in a reduction in drilling in the Gulf of Mexico, where Transocean had 14 other deepwater rigs.
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Posted by CBN Staff on 11 Aug 2010 [05:58] | Tell a friend | Comments 0

Toyota profits rise after sales recover

Japanese carmaker Toyota has reported its biggest quarterly profit in two years, with sales recovering as the company seeks to put the recall of millions of vehicles behind it.

Toyota made a net profit of 190.4bn yen ($2.2bn; GBP 1.4bn) in the three months to June, bouncing back from a 77.8bn yen loss in the same period a year ago.
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Posted by CBN Staff on 11 Aug 2010 [05:57] | Tell a friend | Comments 0

World Peace and Nuclear Weapons

This article deals with one of the most debatable discussions of all time. Read on to know more about nuclear weapons pros and cons.

Nuclear weapons have been in this world since World War 2 and have been used, till date only twice and that too in the same war we are speaking about. The only country to use nuclear weapons was the United States of America. The US dropped two atomic nuclear bombs on the Japanese cities of Hiroshima and Nagasaki and the world witnessed the power of the man-made nuclear weapons. Read more >

Posted by Naseer Ahmad Virk on 11 Aug 2010 [00:39] | Tell a friend | Comments 0

Google cleared of Wi-Fi snooping

Wi-Fi (Wireless Fidelity)

Google did not grab "significant" personal details when collecting data from Wi-Fi networks, according to the UK's Information Commissioner Office (ICO).

The finding came after the body reviewed some of the data Google scooped up from unsecured networks. Google said the data was "mistakenly" gathered while logging Wi-Fi hotspots to help with location-based services.
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Posted by CBN Extra Staff on 30 Jul 2010 [05:01] | Tell a friend | Comments 0

GB's Turner and Sharman reach European hurdles semis

European Athletics Championships 2010, Venue: Barcelona Dates: 27 July - 1 August

Great Britain's Andy Turner and Will Sharman both qualified for the semi-finals of the men's 110m hurdles at the European Athletics Championships.

Turner, ranked third in Europe in 2010, won his heat in 13.48 seconds after European champion Stanislav Olijar had been disqualified for a false start. Sharman, who beat Turner in the trials, finished third in his heat in 13.60.
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Posted by CBN Staff on 30 Jul 2010 [06:04] | Tell a friend | Comments 0

Shin secures Evian Masters title to regain world number one status

South Korea's Jiyai Shin made birdie on the final hole to secure the Evian Masters title and regain her crown as the world's number one female golfer.

Shin's putt completed a sparkling five-under-par round of 67 and meant overnight leader Morgan Pressel had to sink her own birdie putt on the last to force a playoff, but her effort narrowly missed.
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Posted by CBN Staff on 30 Jul 2010 [06:01] | Tell a friend | Comments 0