St. Petersburg International Economic Forum was held, bringing together more than 12,000 participants from 133 countries, including media representatives and business and government delegations. On June 16, Deputy Prime Minister of Russia, Chief of Staff of the Presidential Executive Office, and Chairman of the SPIEF Organizing Committee Sergei Prikhodko gave a welcome address at the official opening of the Forum. Heads of states, government officials, and executives from leading international companies and organizations gathered in St. Petersburg for one of the key global business events of the year.
Advisor to the President of the Russian Federation and Deputy Chairman and Executive Secretary of the SPIEF Organizing Committee Anton Kobyakov highlighted the Forum’s significance. “One of the key achievements of this year’s Forum is that it has once again confirmed its reputation as one of the largest, most reputable, and indispensable global platforms for direct and frank discussion between representatives of the state, the business community, academia, and experts from all over the world on the current challenges facing the global economy and financial sector. The number of Forum participants continues to grow year after year, which is another testament to Russia’s enduring role as an important global business and finance hub. We highly value the interest and, more importantly, the trust of Forum partners, guests, and participants.”
To view the multimedia release go to:
http://www.multivu.com/players/uk/7869551-outcomes-20th-spief-2016/
Three presidents, two prime ministers and dozens of senior ministerial officials, over 75 Fortune 1000 top executives, and over 400 Russia’s leading business and finance figures were among the 5,000 all gathered at the Sixteenth St. Petersburg International Economic Forum from June 21–23 to discuss, debate and network what it takes to have “Leadership that Works.”
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/st-petersburg-international-economic-forum/56565/
Despite continuing economic uncertainty in 2010, SPIE’s business held up well, and profitability improved for the fifth year running. The Group broke new ground in all of its markets and saw organic growth resume in France
With consolidated turnover up 0.7% year-on-year to €3.75 billion, annual business volume stabilised, underpinned by a balanced customer portfolio and good anticipation of sector trends, with growth in the healthcare and social housing sectors, sustained mobility in cities, demand for energy efficiency in services and manufacturing, the solar photovoltaic boom and the roll-out of broadband networks being just a few examples. In addition, SPIE further strengthened its excellent position in the energy markets.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/spie/48893/
Under difficult economic conditions in Europe, in 2012 SPIE turned in a highly satisfactory financial performance featuring growth in turnover, a sustained pace of acquisitions and an improved profit margin.
The Group met all its performance targets in terms of margins and business volumes, cash and order intake. These results confirm the relevance of its business model and its strong market positioning.
To view Multimedia News Release, go to http://www.multivu.com/mnr/60649-SPIE-2012-results-targets-met
A new Economist Intelligence Unit (EIU) report titled The Silent Pandemic: Tackling Hepatitis C with Policy Innovation, made possible as a result of an educational grant from Janssen Pharmaceutica NV and published today, highlights the urgent need for countries around the world to develop strategies to tackle head-on the growing social and economic issues associated with Hepatitis C (HCV).
While the total number of infected individuals is unknown due to a lack of available data, the World Health Organization (WHO) estimates that approximately 150 million people globally are currently living with the blood-borne infectious disease, HCV. Of these, up to two thirds will develop chronic liver disease and one in five will develop cirrhosis. HCV is also the leading cause of liver transplantation worldwide and in the US the disease now accounts for more deaths than HIV.
To view Multimedia News Release, go to http://www.multivu.com/mnr/58671-janssen-silent-pandemic-hepatitis-c
Industry leaders attending the first Smart China Expo (SCE 2018) in China’s western city of Chongqing have articulated a new vision for how the world’s digital economy will evolve at the event’s Global Digital Economy Summit, a forum that brought together 650 participants under the theme “New Digital Economy, New Growth Engine.” Speakers projected a future in which Big Data reshapes the way businesses and governments operate, cooperate, and compete.
New forces being unleashed by current innovations threaten to disrupt the existing economic growth models of many industries, as digital information will rise to the same status as land and capital as a key element of productivity. Meanwhile, governments around the world are building “smart infrastructure” as they seek to use technology to upgrade power grids, railways, ports and toll roads, and seek to integrate everything. Big Data technology also helps build “smart cities,” boost consumption, and improve social welfare programs ranging from education to philanthropy to healthcare.
To view the multimedia release go to:
https://www.multivu.com/players/English/8389751-smart-china-expo-sce-2018/
Saxo Bank, the online trading and investment specialist, believes a reasonably positive economic momentum barring a geopolitical crisis is likely during Q2 2012. The eventual return of QE seems inevitable as central banks try to keep the crisis at bay and the compounding of policy errors failing to address the solvency problem and growing social and geo-political friction will potentially lead to an explosive outcome.
According to the Bank’s analysts, Europe will continue on the path of flat growth despite the Eurozone having entered recession at the tail-end of last year. However the rebound in economic growth in the US will eventually spill over into Europe, and Asia will continue to aid its growth through imports. If the recovery in the US fails to provide enough jobs momentum a return of QE some time in Q3 may be a possibility. In Asia, the critical question is China, as losses on investments continue to accumulate and eventually need to be realised.
To view Multimedia News Release, go to http://multivu.prnewswire.com/mnr/prne/saxobank/53812/
Samruk-Kazyna increases the potential for cooperation in the implementation of investment projects in the petrochemical, hydro and thermal power, renewable and alternative energy, engineering, pharmacy.
Kazakhstan Sovereign Wealth Fund Samruk-Kazyna was established to improve the competitiveness of the national economy and prevent the negative impact of the world markets on the economic growth in the country. The main instrument to achieve these goals – diversification and innovative development of the national economy.
To view Multimedia News Release, go to http://www.multivu.com/mnr/58682-kazakhstan-wealth-fund-expands-horizons
Samruk Kazyna, Kazakhstan’s sovereign wealth fund managing major strategic state assets with the combined value of close to $100 bn, is overhauling its business strategy, including approaches to investments and to asset management.
New management mechanisms will soon be introduced in all of the Fund’s companies. As early as 2014, business processes reengineering will start in three pilot organizations – diversified transport holding Kazakhstan Temir Zholy, oil and gas company KazMunaiGaz and postal service operator KazPochta.
These measured will result in operating costs reduction of 20% by 2017, and Samruk Kazyna’s economic value added will generate more than $11.2 bn for Kazakhstan’s economy.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/72762559-samruk-kazyna-transformation-forum/
The Retail Industry Leaders Association (RILA), the trade association for America’s most recognized and innovative retail brands, discussed the need for a much-needed overhaul to America’s current tax code. Despite supporting 42 million American jobs and being a top economic driver, America’s retailers pay one of the highest effective tax rates in the nation. RILA and the retail community are urging Congress to pass tax reform that lowers rates for businesses and American families.
To view the multimedia release go to:
https://www.multivu.com/players/English/8211151-rila-tax-reform-benefits-retailers-consumers/
The St. Petersburg International Economic Forum (SPIEF) was held from June 20 to 22, 2013 – this year’s theme was “Finding Resolve to Build the New Global Economy”.
2013 was a record SPIEF year for the number of attendees – 7190 people attended, from 87 countries, out of which total there were 1245 media representatives. The Russian and international business community was well represented – SPIEF 2013 was attended by 176 major foreign corporations and 436 large-scale Russian businesses. Out of the companies who attended, 67 leaders of the foreign businesses, and 24 leaders of the Russian corporations have Forbes or Fortune listings. Moreover, 327 representatives of official foreign delegations attended SPIEF 2013.
To view the Multimedia News Release, go to http://www.multivu.com/mnr/61934-st-petersburg-international-economic-forum-results
The American International Automobile Dealers Association (AIADA) together with the Association of Global Automakers (Global Automakers) today released an economic impact report showcasing the growing impact of the international automakers on the U.S. economy.
To view the Multimedia News Release, go to: http://www.multivu.com/mnr/7221351-aiada-global-automakers-economic-impact-report-auto-production
