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Monthly Archives: August 2015

General Overview of the Office Market in Georgia

The second quarter of 2015 has seen more positive climate on the Georgian office market, and the second part of 2015 is expected to be more active. The issues covering Office Market in Georgia we have discussed with Director of International Desk at Cushman & Wakefield | Veritas Brown company, Giorgi Japaridze. …

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IKEA: Secret to Global Success

IKEA: Secret to Global Success

Ikea is buying up forests to keep tighter control over the wood it uses to produce its iconic, easy-to-assemble furniture. The Swedish furniture company bought a Romanian forest earlier this month, The Wall Street Journal reports. The wood from the forest will be used to create products for a store …

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EA is Making its Money from Downloadable Content

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Electronic Arts is now making most of its money from game downloads, according to its most recent quarterly earnings. The creator of the popular Sims franchise reported that downloadable game add-ons made up 77% of all revenue during its fiscal first quarter. As the Wall Street Journal notes, that means big …

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Uber Just Beat Facebook’s $50 billion Record

uber-travis

Uber has closed a new round of funding that values the company at $50 billion, The Wall Street Journal’s Doug MacMillan and Telis Demos report. The ride-hailing company raised “close to” $1 billion in the new round of funding, sources tell The Journal. The Journal reports that investors in the …

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Georgia Offers Tax Incentives for Foreign Filmmakers

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The Georgian government has launched a tax rebate system to encourage foreign filmmakers to film in Georgia. The Film in Georgia initiative is aimed at developing the local film industry and establishing Georgia as an international filming location. It will include a tax refund system, under which filmmakers will receive …

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Snoop Dogg Stopped by Italian Customs With $422,000 in Cash

Snoop-Dogg

Snoop Dogg has had another run-in with European authorities. Italian financial police said they stopped the rapper at the Lamezia Terme airport in Calabria on Saturday with $422,000 in cash, well above the limit that can legally be transported across EU borders undeclared. The incident comes less than a week after …

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Which Country is the Happiest in the World?

happiest

The Swiss are the happiest people in the world, according to the findings of the 2015 World Happiness Report. All five Nordic nations are in the top 10, the US comes in at 15th — a place behind Mexico — and smaller countries dominate the top of the table. Georgia is …

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