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Daily Archives: July 22, 2015

Apple Shares Fall by Nearly 7 Percent

Apple Inc (AAPL.O) shares slumped nearly 7 percent in after-hours trading as its fourth-quarter revenue forecast fell short of estimates and it missed some targets for iPhone sales. The shares dropped to $121 after the company released its results on Tuesday, from $130.75 at the close. The forecast overshadowed Apple’s …

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Ilham Aliyev Talks EU Trade with Donald Tusk

After visiting Georgia, the President of European Council Donald Tusk arrived to Azerbaijan today where he and the country’s president Ilham Aliyev held a joint press conference. According to the local news agency News.Az, Azerbaijan’s president touched upon the economic ties between the country and the EU. “We are very …

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EuroBasket 2015 Trophy Tour Makes Historic Visit to Tbilisi

EuroBasket trophy made a historic visit to Tbilisi. Frenkie and the trophy’s visit followed a common trend that has unravelled wherever they have gone this summer, with children and fans alike swarming the duo in the capital for photo opportunities. Friday saw Frenkie and the Trophy out and about seeing the …

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Decision to Increase Excise Taxes on Beer may be Revised

The government’s decision to increase excise taxes on beer may be revised – it was said at the meeting of the Georgian brewers and business ombudsman. According to corporate director at Natakhtari Nikoloz Hundzakishvili, representatives of the business sector acquainted the business ombudsman with  the problems they are facing. The meeting …

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Tbilisi Mall Managemenet Handed to Eastern European Company

Tbilisi Mall management has been handed over to an Eastern European company TriGranit Group. Rakia Georgia which owns Tbilisi Mall has already signed a relevant agreement. According to the company’s Director Guga Tsanava, the company manages hundreds of malls in Europe and has well-established contacts worldwide. TriGranit Group will also …

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Booking.com Rented Office in Tbilisi

CBW has learned that the internationally known online hotel booking portal Booking.com will open its first regional office in Tbilisi. Brokerage services were provided by the international real estate agency Colliers International. Irakli  Kilauridze the company’s  Managing Director told CBW that the agreement with Booking.com has been signed and office in …

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Pele: Brazil legend comes out of hospital after back surgery


Brazil legend Pele has been released from hospital after successfully undergoing back surgery. The 74-year-old was suffering from a trapped nerve and has had surgery to relieve pain in his back and hip at the Albert Einstein hospital in Sao Paulo. Pele, a three-time World Cup winner, was treated for …

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