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IMF approves new tranche of $21.6 million loan for Armenia

IMF approves new tranche of $21.6 million loan for Armenia

June 24, 2017 - 12:50 AMT  08:50 GMT
The completion of the review allows the authorities to draw the equivalent of SDR 15.69 million (about US$21.6 million).
Ailing electronics giant Toshiba flags deeper losses

Ailing electronics giant Toshiba flags deeper losses

June 23, 2017 - 17:22 AMT  13:22 GMT
It also got regulatory approval to delay filing its annual earnings again, this time until 10 August, after a previous deadline extension to 30 June.
Fitch rates Armenia's ACBA-Credit Agricole Bank ‘B+’; Outlook Stable

Fitch rates Armenia's ACBA-Credit Agricole Bank ‘B+’; Outlook Stable

June 23, 2017 - 15:36 AMT  11:36 GMT
Fitch Ratings has today assigned Armenia’s ACBA-Credit Agricole Bank CJSC (ACBA) ratings of Long-term Issuer Default (IDR) ‘B+’ with Stable Outlook.
Euro zone businesses end Q2 with slower growth: PMI

Euro zone businesses end Q2 with slower growth: PMI

June 23, 2017 - 13:45 AMT  09:45 GMT
Economic data points to solid growth in the euro zone in the second quarter and inflation will hover near current levels in coming months, the ECB said.
Greek current account deficit contracts in April, tourism revenues rise

Greek current account deficit contracts in April, tourism revenues rise

June 20, 2017 - 15:59 AMT  11:59 GMT
The data showed the deficit at 462 million euros ($515.45 million) from 872 million euros in April 2016.
ACBA Credit Agricole Bank details business courses at Tbilisi conference

ACBA Credit Agricole Bank details business courses at Tbilisi conference

June 19, 2017 - 17:09 AMT  13:09 GMT
“The 21st century is an era of doing business based on competitive advantages and knowledge," Arsen Melkonyan said.
McDonald's ends Olympic sponsorship deal 3 years early

McDonald's ends Olympic sponsorship deal 3 years early

June 16, 2017 - 17:12 AMT  13:12 GMT
McDonald's was among 13 top-tier sponsors signed through the 2018 Pyeongchang Winter Olympics and 2020 Tokyo Games.
Armenia planning to expand military product range built inside the country

Armenia planning to expand military product range built inside the country

June 15, 2017 - 14:09 AMT  10:09 GMT
The government on Thursday, June 15 approved the project launched after president Serzh Sargsyan’s instructions of January 31.
Ameriabank named Best Investment Bank in Armenia for 2017

Ameriabank named Best Investment Bank in Armenia for 2017

June 14, 2017 - 13:04 AMT  09:04 GMT
According to the data for the past 12 months, Ameriabank currently has 4 issues of bonds traded in the market.
UK inflation rate rises to 2.9%

UK inflation rate rises to 2.9%

June 13, 2017 - 14:30 AMT  10:30 GMT
The Office for National Statistics said one of the main reasons for the rise was the cost of foreign package holidays for British tourists.
Japan growth rate revised down but business spending improves

Japan growth rate revised down but business spending improves

June 8, 2017 - 17:27 AMT  13:27 GMT
Gross domestic product (GDP) expanded 0.3% in the first quarter, compared to 0.5% in last month's preliminary reading.
China's economic growth remains resilient amid slowdown concerns

China's economic growth remains resilient amid slowdown concerns

June 8, 2017 - 16:21 AMT  12:21 GMT
Exports rose by 8.7% from a year ago in US dollar terms, beating estimates of 7%, after strong demand from Europe.
Gebrüder Weiss opens office in Armenia

Gebrüder Weiss opens office in Armenia

June 7, 2017 - 11:02 AMT  07:02 GMT
A twice-weekly freight shipment service from anywhere in Europe through the company's Austrian and German warehouses to Armenia is offered.
Karabakh eyes double-digit economic growth in 2017

Karabakh eyes double-digit economic growth in 2017

June 5, 2017 - 13:19 AMT  09:19 GMT
In a conversation with reporters, Harutyunyan said Karabakh registered a 9% growth in 2016 despite the Four-Day War in April 2015.
Procedural barriers in exporting Armenian products to be simplified

Procedural barriers in exporting Armenian products to be simplified

May 31, 2017 - 23:41 AMT  19:41 GMT
The parties discussed practical steps and current problems in the sectors of investment and trade turnover.
Euro zone inflation slows by more than expected in May

Euro zone inflation slows by more than expected in May

May 31, 2017 - 14:47 AMT  10:47 GMT
Energy prices increased by 4.6 percent year-on-year in May, Eurostat estimated, from a 7.6 percent rise in April.
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