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Sunday 24.06.2018 | Name days: Jānis

Forum Cinemas gets new owner

The Finnish Sanoma Group plans to sell the cinema business in the Baltic States and Finland to the Swedish company Ratos AB, according to the company’s announcement to the stock exchange.

Three EP members suspected of bribery

The European Parliament (EP) is now launching a probe of bribery affair, as the newspaper The Sunday Times has announced three EP members accepted bribes from journalists, pretending to be lobbyists and asking to introduce amendments to legislation passed in the EU assembly.

First Twitter tweet posted five years ago

Five years have passed since the first tweet was posted on the social network Twitter. Now the portal publishes 140 million tweets from all over the world daily. The social network turned five years old on March 14, while March 21 marks five years since the first tweet on it.

Brent crude price exceeds 115 dollars

After the Western military forces carried out airstrikes on Libya, oil prices continue reporting rapid gains, with Brent crude exceeding 115 US dollars per barrel.

Most economically advanced EU countries in 2011 - Poland and Estonia

European economy experts have pointed out Poland and Estonia will both rank as the most economically advanced countries in Europe this year.

EU construction output grows 1% in January

European Union (EU) total construction output grew 1% in January 2011, compared to the previous month, while the euro zone registered a climb of 1.8%, according to Eurostat data.

New NPPs are crucial for survival

Although after Japan's disaster, the European Union environment ministers consider Europe needs to reassess the safety of the located nuclear power plants, experts are convinced that it is not possible to survive without the nuclear power.

Apple postpones iPad 2 sale in Japan

The technologies company Apple has delayed launching its new product iPad 2 in Japan market due the tragedy brought by an earthquake and tsunami.

Bloomberg: Baltic economies are growing

The Baltics have survived the painful economic crisis and returned back to growth track, but there is doubt Greece, Portugal, Ireland and Spain will succeed in doing the same. Having struggled the worst economic downfall in the world, the Baltic states have been growing quarter by quarter since early 2010.

Fukushima accident rates as major disaster on international scale

Based on the seven-point international nuclear accident scale, the French Nuclear Safety Authority has assessed the accident at Japan’s Fukushima nuclear power plant with six points.

Puma appoints new CEO

Russia among leading military ecquipment traders

Russia maintains its leading positions in military equipment market. For example, 82% of India’s military imports are delivered from Russia in particular, according to Stockholm International Institute data.

Tsunami sweeps away 2 300 new Nissan and Infiniti cars

Tsunami waves caused by the 8.9 magnitude quake at Japan’s northern coast, have washed away more than 2 300 new Nissan and Infiniti brand cars, which were ready to be shipped to dealers.

Honda suspends production in Japan

Car maker Honda Motor Co has announced it will suspend production in Japan by March 20, due to the massive earthquake in north Japan.

Lukoil loses 164 million lats on dropping assets value

The major private oil company in Russia Lukoil lost 164 million dollars last year, propelled by a drop in a number of assets values.

China to boost investments in nuclear energy

China plans to increase investment volume in technology development and training of qualified workers in the nuclear energy sector, in order to reduce the country’s dependence on the global oil market.

Dow Jones industrial average tumbles record-low since August 2010

Dow Jones industrial index has reached its biggest drop in the stock market since last August. This is due to the unemployment rise, trade deficit and China’s export growth slowdown, raising concerns about the emergence of another US economic pitfall.

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