The COMMERCIAL TIMES
Companies from all around the world were recognized for their outstanding corporate social responsibility initiatives programs and services at the 4th Annual Global CSR Awards 2012, The Asia’s most prestigious recognition awards program for Corporate Social Responsibility. According to the organizers, the competition has been the most intense this year with over 80 submissions from various companies around the world.
“The concept of Corporate Social Responsibility becomes increasingly popular in the world. This is a result of the raised awareness as well as the attitudes of national governments …

The COMMERCIAL TIMES
Another business forum was held in Tbilisi. This time Georgian Chamber of Commerce and Industry (GCCI) organized a Chinese expo-business forum together with the Embassy of the People’s Republic of China in Georgia. Chinese businessmen say they’re willing to get acquainted with trade-investment opportunities in Eurasian region.
Over 100 representatives from business sector attended the expo-business forum held at Holiday Inn hotel on May 9. 2012. Georgian and Chinese businessmen as well as private sector representatives from other countries in the region attended the event.
“It’s an honor for …

Just weeks ago, the idea that Greece would leave the euro zone was almost unthinkable. Now, with Greece’s newly empowered political parties refusing to abide by the terms of the country’s international loan agreement and Europe’s leaders talking tough, that outcome is looking increasingly likely.
Germany’s devotion to the euro and the European Union runs extremely deep and cuts across the political spectrum. But the frustration with Greece here is undeniable. There is a growing conviction that it is up to Greece to follow through on its commitments, that Europe is …

LONDON—European stock markets were down Tuesday amid worries over Greece’s future as the country’s leaders failed to form a coalition government after the weekend’s elections.
Germany’s DAX index was down 0.3% at 6548, while France’s CAC 40 Index fell 1.1% to 3178.91.London’s FTSE 100 Index decreased by 0.2% to 5643.86, with traders in a cautious mood following Monday’s public holiday.
Traders noted continuing concerns about Europe’s debt problems following weekend elections in France and Greece. Although the outcome of the French election was largely priced-in by markets, the political gridlock in Greece …

LONDON—The euro fell sharply early Monday and stocks opened lower in Europe after weekend elections in France and Greece resulted in votes against austerity, raising questions about the euro zone’s ability to solve its sovereign-debt problems.
The DAX in Frankfurt was down 0.9% and the CAC-40 in Paris was down 1.6%. The U.K. market is closed for a bank holiday. German bund futures, regarded as a haven for investors, opened higher. The June future hit a new contract high at 142.44 shortly after the 6 a.m. GMT open.
“The election outcome in …