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Demna Gvasalia Won Twice at the 2016 Fashion Awards

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The British Fashion Council’s re-branded annual awards ceremony, held Monday night in London’s Royal Albert Hall, drew scores of industry bigwigs from Anna Wintour to Kate Moss. The event was branded as a “mix of the Academy Awards and the Met Ball,” and the red carpet — which included Gigi Hadid’s Atelier …

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Azerbaijan Weekly Market Watch

Azerbaijan Weekly Market Watch

Galt&Taggart Publishes Report on Main Developments that Took Place in Azerbaijani Economy Last Week: CBAR reserves up 0.1% m/m to US$ 4.0bn Central Bank’s reserves were up marginally (+0.1% m/m) in November 2016, following two months of minor declines. In annual terms, reserves are down 35.8%. Oil exports down 13.1% …

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BP to Suspend Gas Output at Shah Deniz Platform in 2017

BP Azerbaijan company plans to suspend gas output at the Shah Deniz platform in 2017 due to technical-preventive, repair and adjustment work at the Sangachal terminal, Bakhtiyar Aslanbayli, communications, external affairs, strategy & region vice president at BP Azerbaijan, told reporters Dec. 1. In 2017, it is planned to carry …

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BTK Railway to Connect Azerbaijan to Europe

Turkey expects the first branch of the Baku-Tbilisi-Kars (BTK) railway to be commissioned in early 2017, Minister of Transport, Maritime Affairs and Communications of Turkey Ahmet Arslan said in an exclusive interview with Trend. He said that the second branch of the BTK railway will be commissioned during 2017. “The …

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Oil Prices fall on Doubts Over OPEC Production Cut

Oil Prices fall on Doubts Over OPEC Production Cut

Oil prices fell around 2 percent on Tuesday on signs leading oil exporters were struggling to agree a deal to cut production to reduce global oversupply. The Organization of the Petroleum Exporting Countries will meet in Vienna on Wednesday aiming to implement an agreement outlined in September to cut output …

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Azerbaijan Weekly Market Watch

Azerbaijan Weekly Market Watch

Galt&Taggart Publishes Report on Main Developments that Took Place in Azerbaijani Economy Last Week: Oil extractiondown at the Azeri-Chirag-Gunashli oil field in 3Q16 In 3Q16, oil production was down 2.5% y/y to 622,359 barrels per day at the Azeri-Chirag-Gunashli (ACG) oil field, operated by the BP-led consortium, as operations at …

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EU And Eastern Partnership Countries Stepping up Cooperation on Innovation with the EU4Innovation Initiative

Commissioners Johannes Hahn and Carlos Moedas and EEAS Deputy Secretary General Jean-Christophe Belliard, launch the EU4Innovation initiative in Yerevan. Johannes Hahn, Commissioner for European Neighbourhood Policy and Enlargement Negotiations, Carlos Moedas, EU Commissioner for Research, Science and Innovation and Jean-Christophe Belliard, Deputy Secretary General of the European External Action Service …

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Chief of Turkey’s Beer Giant Anadolu Efes Resigns

Turkey’s largest beer maker Anadolu Efes has announced that Robin Michael Goetzsche, who has been serving as its president and CEO since November 2015, will be leaving his position as of Dec. 31. A statement to the Public Disclosure Platform (KAP) on Nov. 21 said Goetzsche will be leaving due …

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