18.05.2012. Wall Street ends down after sloppy Facebook debut
NEW YORK (Reuters) - Stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month for markets.
18.05.2012. Historic Facebook IPO marred by trading glitches
SAN FRANCISCO (Reuters) - For a company that is dramatically upending business strategies and social relationships around the world, Facebook Inc made a surprisingly modest debut on the Nasdaq on Friday as a sky-high valuation and trading glitches capped the stock's rise.
18.05.2012. Banks' rising bad loans add to Spanish troubles
MADRID (Reuters) - Spanish banks' bad loans rose in March to their highest in 18 years, underscoring the problems facing the government as it drafts in independent auditors in an attempt to reassure investors it can clean up the sector.
18.05.2012. Analysis: More U.S. shareholders call for independent chairmen
Embarrassed by a surprise $2 billion trading loss last week, the chairman and chief executive of JPMorgan Chase & Co faced heightened criticism at the bank's annual meeting on Tuesday. That included 40 percent backing from shareholders for a resolution to strip Dimon of his chairmanship title, up from 34 percent in 2010.
18.05.2012. GM passes on running TV ads during 2013 Super Bowl
(Reuters) - General Motors Co will not advertise in next year's Super Bowl because it is too expensive, the top marketing executive for the U.S. automaker said three days after the company said it was dropping paid ads on Facebook Inc.
18.05.2012. Japan looks to central bank to pay for Iran oil: Nikkei
(Reuters) - The Japanese government and private sector bank officials are considering asking the Bank of Japan (BOJ) for help in settling Iranian oil transactions, the Nikkei reported.
18.05.2012. Chesapeake cuts outside directors' pay
(Reuters) - Chesapeake Energy Corp reduced the compensation for its outside directors by 20 percent and eliminated their use of its aircraft for personal travel, the company said on Friday.
18.05.2012. MF Global trustee recovers $168 mln from JPMorgan
(Reuters) - The trustee for MF Global Holdings Inc's brokerage unit said he has received $168 million in cash from JPMorgan Chase & Co , which had been the commodities and futures brokerage firm's main bank prior to its October bankruptcy.
18.05.2012. Europe thinks the unthinkable on Greece
BRUSSELS/LONDON (Reuters) - European officials are working on contingency plans in case Greece bombs out of the euro zone, the EU's trade commissioner said on Friday, as European share prices tumbled and Germany warned of continuing financial turmoil.
18.05.2012. China solar stocks slump again after U.S. trade move
(Reuters) - Solar stocks slumped to fresh lows on Friday as investors continued to punish Chinese solar companies a day after the United States said it would impose new duties on imports from the world's leading solar manufacturer.
Highlights
15.840 new jobs created through SIEPA incentives in 2011.
5.November 2011. Source : BETA Belgrade - Director of Investment and Export Promotion Agency of Serbia (SIEPA) Bozidar Laganin said that this year three programs for the award of business incentives supported 102 projects, directly creating 15,840 new jobs. He added that good results and a number of projects were recorded in textiles, electronics and electrical engineering, automobile and furniture industries. He said that 194 active projects in Serbia were awarded 160 million euro subsidy to investors, bringing the total level of investment one billion euros. SIEPA Director said that according to information from the field cannot be said or concluded that in any way, there is a slowdown of investment from Germany. He added that he expect this year three billion dollars of direct foreign investments in Serbia. "No single project is threatened, no investment destination has been changed. Occasionally, negotiations were not too intense, but it is not unusual given the difficult and long process of making decisions in large companies, "said Laganin.
Q&A
Question: What does the word 'ORAH' mean? Why did you choose it?
Answer: 'Orah' is the word in Serbian, Croatian and Bosnian for 'WALNUT'. We chose this name for a variety of reasons. Both as a tree and a fruit, the walnut (nux juglandacea) has great symbolic value and meaning in the Balkans. As a fruit, it can be conserved for a long time, it produces oil, it is used to make 'walnut wine' (the French call it St.John's wine) or can be distilled as a strong brandy, it is used in a wide variety of culinary preparations, especially cakes. Its shell, powdered, has the appearance of pepper and is tasteless; it is often used in restaurants to 'dilute' pepper, which is much more expensive. The walnut is also a magnificent tree, 10 - 25 meters high and living up to 3-400 years). Its leaves were used with walnut shell soft cortex to colour the skin of Anglo-Saxon warriors before battle, and was called 'wode'. Of course, the wood of the walnut tree is much used in furniture-making and other carpentry, and is so beautiful that it is also used as veneer.
The walnut symbol for ORAH is twofold: its shell is strong and tough like armour, and it is like a small treasure chest; at the same time, it holds the seed of a huge and beautiful tree.
