Tag Archives: Reuters

In over 30 years, Reuters and its award-winning photographers have seen a lot: wars and natural disasters, elections and scandals, protests and peace treaties, one of which is picture from Georgia. And the Reuters’ photographers have been there to capture it all. We compiled some of the best and most important …

Georgia still hopes to win visa-free travel to the European Union, its envoy to Brussels said on Friday, after last-minute objections from Germany seem to have suspended the process. Struggling to control immigration fuelling support for nationalist and populist parties across the bloc, the 28-nation EU failed to agree for …

Apple has invested $1 billion in Didi Chuxing, Uber’s biggest car-hailing competition in China, the companies announced on Thursday evening. Didi Chuxing is said to control most of the Chinese market for car-hailing services. In an interview with Reuters, Apple CEO Tim Cook positioned this investment as a way to grow its presence …

Georgia’s state Oil and Gas Corporation (GOGC) plans to issue Eurobonds, a banking source and a source in Georgia’s government said on Monday, Reuters Africa reports. The company plans to issue Eurobonds in U.S. dollars and has mandated Barlays and J.P.Morgan to organise the deal, the banking source said. Investor …

An anonymous whistleblower has accused Swiss drug maker Novartis of paying bribes in Turkey through a consulting firm to secure business advantages worth an estimated $85 million, according to a Feb. 17 e-mail seen by Reuters. The alleged benefits, which Novartis confirmed it was investigating, included getting medicines added to …

Oil fell around 3 percent Today after Iran dashed hopes of a coordinated production freeze any time soon, returning bearish sentiment to the market over a supply glut that has sent prices crashing. Global benchmark Brent crude futures LCOc1 fell back below $40 a barrel, trading at $39.20 at 1157 GMT, …

Oil exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline via Georgia and Turkey totalled 4.6 million tonnes in January-February, down 2.2 percent from the same period last year, Azerbaijan state energy company SOCAR said on Thursday. Oil exports through the BTC rose 1.15 percent in 2015 to 28.836 million tonnes. Azerbaijan exports …

London based international news agency Reuters publishes an article stating Georgia’s new prime Minister Giorgi Kvirikashvili’s appointment by parliament yesterday. “An appointment widely seen as an attempt to boost the ruling coalition’s flagging popularity amid an economic slump,” says Reuter. Kvirikashvili, 48, who was also first deputy prime minister before …

Georgia expects to attract about $8 billion of investment in its energy sector over the next seven years, with major hydropower and gas plants to be constructed, the deputy energy minister said. New plants will help Georgia, which is already almost self-sufficient in energy, to meet its power needs in …

The Georgian government targets 3 percent economic growth in 2016, up from 2 percent expected this year, the country’s prime minister said on Wednesday. Irakly Garibashvili said at a government meeting that the draft budget for next year projected annual inflation at 4.5 percent, down from 5-6 percent expected this …

International news agency Reuters publishes article, on behalf of Geostat‘s report and says Georgia’s economy slowed due to plunge in the Russian Ruble. Reuters also mentions declined exports, remittances and lowered country’s growth. Georgia’s economic growth slowed to 2.6 percent in the first half of this year compared with 6 …

Gilead Sciences, a US-based biopharmaceutical company that specializes in developing innovative medicines, uses Georgia as a global example to back up its belief that the hepatitis C can be eliminated with proper government funding. The healthcare program initiated by David Sergeenko, country’s minister of health, by which the minister proposed to eliminated …