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Marriott International Officially Merges With Starwood Hotels

Marriott International Officially Merges With Starwood Hotels

With more than a million rooms combined, Marriott and Starwood now make up the largest hotel company in the world. After months of rumors about a takeover of the struggling Starwood Hotels & Resorts Worldwide hotel company, in the end, it was Marriott International that sealed the deal. Marriott announced …

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Israeli Scientists Stop Breast Cancer Spread in Mice

Israeli Scientists Stop Breast Cancer Spread in Mice

In breast cancer breakthrough, scientists discover targeted delivery of microRNAs to primary tumors blocks the movement of cancer beyond the breast. Israeli and American researchers revealed yesterday that treating a primary breast tumor in lab mice with both genetic therapy and chemotherapy is extremely effective in preventing breast cancer metastasis, …

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SOCAR President: TANAP to Be One of World’s Largest Projects

Over 31 percent of the Trans-Anatolian gas pipeline (TANAP) has been built as of August 1, Rovnag Abdullayev, president of the Azerbaijani state oil company SOCAR, said in the article published in the country’s state newspapers. “Currently, TANAP is the largest investment project, which is being implemented by SOCAR abroad,” …

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Deutsche Bank to Fight $14 billion Demand From U.S. Authorities

Deutsche Bank to Fight $14 billion Demand From U.S. Authorities

Deutsche Bank said it would fight a $14 billion demand from the U.S. Department of Justice to settle claims it missold mortgage-backed securities, a shock bill that raises questions about the future of Germany’s largest lender. The claim against Deutsche, which is likely to trigger several months of talks, far exceeds …

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The World’s First Beer Pipeline is Now Open

Cheers! The World's First Beer Pipeline is Now Open

A beer pipeline. It sounds like an ale lover’s wildest dream. It’s no longer a fantasy in the Belgian city of Bruges, where the world’s first beer pipeline opened last week. The two-mile pipe connects the Halve Maan brewery in the city’s historic center with a bottling plant in the suburbs. It’s …

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International Hospitality Awards® 2016

International Hospitality Awards® 2016

On December 5, 2016 the first International Hospitality Awards® will be held in Ukraine. The event will bring together participants from 8 countries and honor the best hotels in 25 nominations. The Awards will be held by HOTELIERO Club that used to organize Ukrainian Hospitality Awards® since 2011. After 5 …

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TAP: Over 17km line Pipes Strung & 5km Welded Along the Pipeline Route

TAP: Over 17km line Pipes Strung & 5km Welded Along the Pipeline Route

The Trans Adriatic Pipeline has said over 17km line of pipes were strung and 5km welded along the pipeline route, Azertac reported. Connecting with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, TAP will cross Northern Greece, Albania and the Adriatic Sea before coming ashore in Southern Italy to …

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SOCAR Eyes Entering Bulgarian Oil Products Market

Azerbaijan’s state oil company SOCAR is interested in entering the Bulgarian oil products market, head of SOCAR Balkan Murad Heydarov told reporters. He noted that currently SOCAR is holding talks on the possibilities of benefiting from Bulgaria’s gas and oil products markets. “Such talks are underway. We believe this market …

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Gas Production at ACG Exceeds 124 Billion Cubic Meters

President of Azerbaijan’s State Oil Company (SOCAR) Rovnag Abdullayev has revealed the volume of production at Azeri-Chirag-Gunashli (ACG) block of oil and gas fields. In his article published in local state newspapers, Abdullayev said that 407 million tons of oil and 124.3 billion cubic meters of associated gas have been …

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