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New York Stock Exchange Appoints First Female Leader

226 years after the establishment, New York Stock Exchange has appointed its first female leader. Stacey Cunningham will be elevated to the leadership role from her current position of chief operating officer. Her appointment means that both NYSE and the technology-focused Nasdaq exchange will now be run by women. Ms …

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Azerbaijan Reveals Metallurgical Output Value

Products worth 274 million manats were produced by metallurgical industry and enterprises manufacturing finished metal products in Azerbaijan in January-April 2018, reads a report of the country’s State Statistics Committee. The report says the output of metallurgical industry increased by 14.2 percent, while the manufacture of finished metal products grew …

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Azerbaijan’s State Fund for IT Development Finances over 100 Start-ups

Azerbaijan’s State Fund for Development of Information and Communication Technologies has so far financed 112 startup projects, Minister of Transport, Communications and High Technologies Ramin Guluzade said at a ceremony of presentation of winners of the Microsoft Imagine Cup Azerbaijan contest on May 15. Guluzade noted that about 1,000 startup …

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Wizz Air Announces The Winners Of The 2nd Edition Wizz Youth Challenge

Wizz Air Announces The Winners Of The 2nd Edition Wizz Youth Challenge

Hungarian Team Wins Unlimited Travel For 1 Year In Wizz Network. Wizz Air, one of Europe’s fastest growing airlines and the leading low-cost carrier in Central and Eastern Europe, is announcing the winners of the second edition of the WIZZ Youth Challenge. During this international case competition, university and college …

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American IT Companies to Support Azerbaijani Startups

The High Tech Park LLC operating under the Azerbaijani Transport, Communications and High Technologies Ministry and the American Chamber of Commerce in Azerbaijan (AmCham) signed a memorandum on cooperation in the IT sector, trend.az reports. The document stipulates formation of a roadmap for long-term strategic cooperation between the parties. Within …

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Over 94% of Ukrainian Oil Imported from Azerbaijan

Azerbaijan exported oil worth $146 million to Ukraine in January-April of 2018, the Ukrainian media reported, referring to the data from the State Fiscal Service of Ukraine. Reportedly, 94.3 percent of oil supplies to Ukraine came from Azerbaijan. The other suppliers were Algeria, with oil imports of $7.2 million (4.6 …

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Ukraine Boosts Injections of Gas Into Storage

Ukraine Boosts Injections of Gas Into Storage

KIEV: Ukraine has sharply increased injections of natural gas into underground storage, data from gas transport monopoly Ukrtransgas showed on Thursday. Ukrtransgas injected about 56 million cubic metres (mcm) of gas into underground storage on May 1, up from 38 million a day earlier and 28 million on April 29. …

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WhatsApp CEO Jan Koum to Leave

Jan Koum, the co-founder of WhatApp, the Facebook-owned messaging app is leaving over privacy conflict and encryption. The Washington Post earlier reported about Facbook’s attempt to use WhatsApp personal data and weaken its encryption. According to the Washington Post, Jan Koum will quit his job at Facebook Board of Directors …

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