Business

Business (5)

Airline FlyGeorgia intends since next month to operate flights to Yerevan and Aktau (Kazakhstan), according to the portal routes-news.com referring to the commercial director of the air carrier.

The President of Georgia summoned the representatives of Kakheti local government and the Minister of Agriculture to meet at his house in Kvareli, in order to talk about the process of the vintage. Mikheil Saakashvili expressed interest in the details and stated that a successful completion of the vintage is an issue of dignity.

Friday, 29 January 2010 12:51

Tesla goes public. Mind the risk.

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Tesla Motors CEO Elon Musk is finally preparing to take his car company public. On Jan. 29, Musk’s company filed for an initial public stock offering, which he has talked about as a possibility for a couple of years. He wants to sell $100 million worth of stock, which could help fund a new factory or some acquisitions as Tesla prepares to launch its Model S sedan in 2012. The company originally planned to launch the car in 2011. Tesla sells a $109,000 Roadster now.

DAVOS, Switzerland (MarketWatch) -- Bankers and politicians agreed on little in public during this week's World Economic Forum gathering of top CEOs and policymakers in the Swiss Alps, other than the desire to see regulations coordinated around the globe.

Saturday, 30 January 2010 12:28

Toyota Is Unable to Hit the Brakes on Crisis

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DETROIT—Toyota Motor Corp.'s problems continued to mount Friday, as the auto maker said it was recalling 1.8 million vehicles in Europe and dealers said they were starting to feel the pinch after the company halted U.S. sales of eight of its top-selling vehicles.