GERMANY: ‘ Retail Giant to open Chain of Supermarkets in Russia ‘

#AceNewsReport – GERMANY:June.18: As the sanctions on Russia’s Grocery Retail has taken its toll with a number of companies no longer doing business. Today it was announced that the German retail company Tengelmann Group is preparing an expansion into Russia’s grocery retail sector as political tensions and an economic downturn have strained business ties.

German retail giant Tengelmann Group will open a new network of discounter supermarkets under the “Plus” brand in six Russian regions, a representative of the company told newspaper Vedomosti.

Tensions between Russia and European Union countries over the crisis in Ukraine have strained business ties. Russia’s economic downturn amid declining oil prices has also increased demand for discounter supermarkets in the still-under-served market. Russia’s biggest retail chain, Magnit, currently opens up to 2,000 new stores per year, or roughly six per day.

The chain, Russia’s biggest private employer, also saw it revenue grow by nearly 32 percent in the past year.

While Russia has around ten foreign grocery chains, only around 60.5 percent of retail trade is done through supermarkets, according to the newspaper. For comparison, 88 percent of German retail trade was done through supermarkets in 2013.

Tengelmann group already operates a network of OBI hardware stores in Russia. For the new stores, the company plans to buy lots and build new stores and rent spaces in newly-built shopping centers rather than rely on existing infrastructure.

The group plans to open 150 discounter stores in Russia by 2022. Unlike regular supermarkets, the discounters opened by Tengelmann will have only around 2,200 types of items in its stores, roughly the equivalent of small corner stores, but sold at large volumes. The stores will primarily stock domestically made items rather than imported goods.

This was the situation in October 2014:

Tengelmann Group pulls out of supermarket business

Mülheim-based retail company hands over Kaiser’s Tengelmann to the EDEKA Group

Mülheim an der Ruhr, 7 October 2014 – The Tengelmann Group has decided to hand over its supermarket subsidiary, Kaiser’s Tengelmann (451 stores, 15,958 employees, EUR 1.8 billion net turnover), to the EDEKA Group effective as of 30 June 2015. The Supervisory Board and employees of Kaiser’s Tengelmann were informed of the move this morning.

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#BREAKING144 ‘ Rupert Murdoch Preparing to Step Down as 21st Century Fox CEO ‘

#AceBreakingNews – June.11: Rupert Murdoch, the 84-year old CEO and controlling shareholder of 21st Century Fox, is preparing to step down as CEO of the media giant and hand that title to his son James, numerous sources close to the Murdoch family told CNBC.com.

An announcement is expected in the near term, although it’s unclear whether the reorganization would take place this year or at the start of 2016. Murdoch will continue to be the executive chairman of Fox, while his son Lachlan would also become an executive co-chairman of the company.

RELATED: Full coverage of Murdoch at CNBC.com

As part of the management reordering at Fox, COO Chase Carey will step down from that role and take on a yet undefined role as an adviser at the company. Carey, who did not return a call for comment, was widely expected to exercise his right to an early release from his current contract, allowing him to leave the company, which he joined in 2009, at the end of this year.

Now, sources tell CNBC, he is likely to remain in some capacity through 2016.

http://nbcnews.to/1MLpsAo

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Names – Bilderberg Meetings Copenhagen, Denmark 29 May – 1 June 2014

Press Release

Bilderberg Meetings

62nd Bilderberg conference to take place from 29 May – 1 June 2014 in Copenhagen, Denmark.

Copenhagen, 26 May 2014 – The 62nd Bilderberg meeting is set to take place from 29 May until 1 June 2014 in Copenhagen, Denmark. A total of around 140 participants from 22 countries have confirmed their attendance. As ever, a diverse group of political leaders and experts from industry, finance, academia and the media have been invited. The list of participants is available on www.bilderbergmeetings.org

The key topics for discussion this year include:
Is the economic recovery sustainable?
Who will pay for the demographics?
Does privacy exist?
How special is the relationship in intelligence sharing?
Big shifts in technology and jobs
The future of democracy and the middle class trap
China’s political and economic outlook
The new architecture of the Middle East
Ukraine
What next for Europe?
Current events

Founded in 1954, Bilderberg is an annual conference designed to foster dialogue between Europe and North America. Every year, between 120-150 political leaders and experts from industry, finance, academia and the media are invited to take part in the conference. About two thirds of the participants come from Europe and the rest from North America; approximately one third from politics and government and the rest from other fields.
The conference is a forum for informal discussions about major issues facing the world. The meetings are held under the Chatham House Rule, which states that participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s) nor of any other participant may be revealed.
Thanks to the private nature of the conference, the participants are not bound by the conventions of their office or by pre-agreed positions. As such, they can take time to listen, reflect and gather insights.
There is no desired outcome, no resolutions are proposed, no votes are taken, and no policy statements are issued

Bilderberg Meetings
Copenhagen, Denmark 29 May – 1 June 2014

Current list of Participants
Status 26 May 2014

Chairman
FRA Castries, Henri de Chairman and CEO, AXA Group

DEU Achleitner, Paul M. Chairman of the Supervisory Board, Deutsche Bank AG
DEU Ackermann, Josef Former CEO, Deutsche Bank AG
GBR Agius, Marcus Non-Executive Chairman, PA Consulting Group
FIN Alahuhta, Matti Member of the Board, KONE; Chairman, Aalto University Foundation
GBR Alexander, Helen Chairman, UBM plc
USA Alexander, Keith B. Former Commander, U.S. Cyber Command; Former Director, National Security Agency
USA Altman, Roger C. Executive Chairman, Evercore
FIN Apunen, Matti Director, Finnish Business and Policy Forum EVA
DEU Asmussen, Jörg State Secretary of Labour and Social Affairs
HUN Bajnai, Gordon Former Prime Minister; Party Leader, Together 2014
GBR Balls, Edward M. Shadow Chancellor of the Exchequer
PRT Balsemão, Francisco Pinto Chairman, Impresa SGPS
FRA Baroin, François Member of Parliament (UMP); Mayor of Troyes
FRA Baverez, Nicolas Partner, Gibson, Dunn & Crutcher LLP
USA Berggruen, Nicolas Chairman, Berggruen Institute on Governance
ITA Bernabè, Franco Chairman, FB Group SRL
DNK Besenbacher, Flemming Chairman, The Carlsberg Group
NLD Beurden, Ben van CEO, Royal Dutch Shell plc
SWE Bildt, Carl Minister for Foreign Affairs
NOR Brandtzæg, Svein Richard President and CEO, Norsk Hydro ASA
INT Breedlove, Philip M. Supreme Allied Commander Europe
AUT Bronner, Oscar Publisher, Der STANDARD Verlagsgesellschaft m.b.H.
SWE Buskhe, Håkan President and CEO, Saab AB
TUR Çandar, Cengiz Senior Columnist, Al Monitor and Radikal
ESP Cebrián, Juan Luis Executive Chairman, Grupo PRISA
FRA Chalendar, Pierre-André de Chairman and CEO, Saint-Gobain
CAN Clark, W. Edmund Group President and CEO, TD Bank Group
INT Coeuré, Benoît Member of the Executive Board, European Central Bank
IRL Coveney, Simon Minister for Agriculture, Food and the Marine
GBR Cowper-Coles, Sherard Senior Adviser to the Group Chairman and Group CEO, HSBC Holdings plc
BEL Davignon, Etienne Minister of State
USA Donilon, Thomas E. Senior Partner, O’Melveny and Myers; Former U.S. National Security Advisor
DEU Döpfner, Mathias CEO, Axel Springer SE
GBR Dudley, Robert Group Chief Executive, BP plc
FIN Ehrnrooth, Henrik Chairman, Caverion Corporation, Otava and Pöyry PLC
ITA Elkann, John Chairman, Fiat S.p.A.
DEU Enders, Thomas CEO, Airbus Group
DNK Federspiel, Ulrik Executive Vice President, Haldor Topsøe A/S
USA Feldstein, Martin S. Professor of Economics, Harvard University; President Emeritus, NBER
CAN Ferguson, Brian President and CEO, Cenovus Energy Inc.
GBR Flint, Douglas J. Group Chairman, HSBC Holdings plc
ESP García-Margallo, José Manuel Minister of Foreign Affairs and Cooperation
USA Gfoeller, Michael Independent Consultant
TUR Göle, Nilüfer Professor of Sociology, École des Hautes Études en Sciences Sociales
USA Greenberg, Evan G. Chairman and CEO, ACE Group
GBR Greening, Justine Secretary of State for International Development
NLD Halberstadt, Victor Professor of Economics, Leiden University
USA Hockfield, Susan President Emerita, Massachusetts Institute of Technology
NOR Høegh, Leif O. Chairman, Höegh Autoliners AS
NOR Høegh, Westye Senior Advisor, Höegh Autoliners AS
USA Hoffman, Reid Co-Founder and Executive Chairman, LinkedIn
CHN Huang, Yiping Professor of Economics, National School of Development, Peking University
USA Jackson, Shirley Ann President, Rensselaer Polytechnic Institute
USA Jacobs, Kenneth M. Chairman and CEO, Lazard
USA Johnson, James A. Chairman, Johnson Capital Partners
USA Karp, Alex CEO, Palantir Technologies
USA Katz, Bruce J. Vice President and Co-Director, Metropolitan Policy Program, The Brookings Institution
CAN Kenney, Jason T. Minister of Employment and Social Development
GBR Kerr, John Deputy Chairman, Scottish Power
USA Kissinger, Henry A. Chairman, Kissinger Associates, Inc.
USA Kleinfeld, Klaus Chairman and CEO, Alcoa
TUR Koç, Mustafa Chairman, Koç Holding A.S.
DNK Kragh, Steffen President and CEO, Egmont
USA Kravis, Henry R. Co-Chairman and Co-CEO, Kohlberg Kravis Roberts & Co.
USA Kravis, Marie-Josée Senior Fellow and Vice Chair, Hudson Institute
CHE Kudelski, André Chairman and CEO, Kudelski Group
INT Lagarde, Christine Managing Director, International Monetary Fund
BEL Leysen, Thomas Chairman of the Board of Directors, KBC Group
USA Li, Cheng Director, John L.Thornton China Center,The Brookings Institution
SWE Lifvendahl, Tove Political Editor in Chief, Svenska Dagbladet
CHN Liu, He Minister, Office of the Central Leading Group on Financial and Economic Affairs
PRT Macedo, Paulo Minister of Health
FRA Macron, Emmanuel Deputy Secretary General of the Presidency
ITA Maggioni, Monica Editor-in-Chief, Rainews24, RAI TV
GBR Mandelson, Peter Chairman, Global Counsel LLP
USA McAfee, Andrew Principal Research Scientist, Massachusetts Institute of Technology
PRT Medeiros, Inês de Member of Parliament, Socialist Party
GBR Micklethwait, John Editor-in-Chief, The Economist
GRC Mitsotaki, Alexandra Chair, ActionAid Hellas
ITA Monti, Mario Senator-for-life; President, Bocconi University
USA Mundie, Craig J. Senior Advisor to the CEO, Microsoft Corporation
CAN Munroe-Blum, Heather Professor of Medicine and Principal (President) Emerita, McGill University
USA Murray, Charles A. W.H. Brady Scholar, American Enterprise Institute for Public Policy Research
NLD Netherlands, H.R.H. Princess Beatrix of the
ESP Nin Génova, Juan María Deputy Chairman and CEO, CaixaBank
FRA Nougayrède, Natalie Director and Executive Editor, Le Monde
DNK Olesen, Søren-Peter Professor; Member of the Board of Directors, The Carlsberg Foundation
FIN Ollila, Jorma Chairman, Royal Dutch Shell, plc; Chairman, Outokumpu Plc
TUR Oran, Umut Deputy Chairman, Republican People’s Party (CHP)
GBR Osborne, George Chancellor of the Exchequer
FRA Pellerin, Fleur State Secretary for Foreign Trade
USA Perle, Richard N. Resident Fellow, American Enterprise Institute
USA Petraeus, David H. Chairman, KKR Global Institute
CAN Poloz, Stephen S. Governor, Bank of Canada
INT Rasmussen, Anders Fogh Secretary General, NATO
DNK Rasmussen, Jørgen Huno Chairman of the Board of Trustees, The Lundbeck Foundation
INT Reding, Viviane Vice President and Commissioner for Justice, Fundamental Rights and Citizenship, European Commission
USA Reed, Kasim Mayor of Atlanta
CAN Reisman, Heather M. Chair and CEO, Indigo Books & Music Inc.
NOR Reiten, Eivind Chairman, Klaveness Marine Holding AS
DEU Röttgen, Norbert Chairman, Foreign Affairs Committee, German Bundestag
USA Rubin, Robert E. Co-Chair, Council on Foreign Relations; Former Secretary of the Treasury
USA Rumer, Eugene Senior Associate and Director, Russia and Eurasia Program, Carnegie Endowment for International Peace
NOR Rynning-Tønnesen, Christian President and CEO, Statkraft AS
NLD Samsom, Diederik M. Parliamentary Leader PvdA (Labour Party)
GBR Sawers, John Chief, Secret Intelligence Service
NLD Scheffer, Paul J. Author; Professor of European Studies, Tilburg University
NLD Schippers, Edith Minister of Health, Welfare and Sport
USA Schmidt, Eric E. Executive Chairman, Google Inc.
AUT Scholten, Rudolf CEO, Oesterreichische Kontrollbank AG
USA Shih, Clara CEO and Founder, Hearsay Social
FIN Siilasmaa, Risto K. Chairman of the Board of Directors and Interim CEO, Nokia Corporation
ESP Spain, H.M. the Queen of
USA Spence, A. Michael Professor of Economics, New York University
FIN Stadigh, Kari President and CEO, Sampo plc
USA Summers, Lawrence H. Charles W. Eliot University Professor, Harvard University
IRL Sutherland, Peter D. Chairman, Goldman Sachs International; UN Special Representative for Migration
SWE Svanberg, Carl-Henric Chairman, Volvo AB and BP plc
TUR Taftalı, A. Ümit Member of the Board, Suna and Inan Kiraç Foundation
USA Thiel, Peter A. President, Thiel Capital
DNK Topsøe, Henrik Chairman, Haldor Topsøe A/S
GRC Tsoukalis, Loukas President, Hellenic Foundation for European and Foreign Policy
NOR Ulltveit-Moe, Jens Founder and CEO, Umoe AS
INT Üzümcü, Ahmet Director-General, Organisation for the Prohibition of Chemical Weapons
CHE Vasella, Daniel L. Honorary Chairman, Novartis International
FIN Wahlroos, Björn Chairman, Sampo plc
SWE Wallenberg, Jacob Chairman, Investor AB
SWE Wallenberg, Marcus Chairman of the Board of Directors, Skandinaviska Enskilda Banken AB
USA Warsh, Kevin M. Distinguished Visiting Fellow and Lecturer, Stanford University
GBR Wolf, Martin H. Chief Economics Commentator, The Financial Times
USA Wolfensohn, James D. Chairman and CEO, Wolfensohn and Company
NLD Zalm, Gerrit Chairman of the Managing Board, ABN-AMRO Bank N.V.
GRC Zanias, George Chairman of the Board, National Bank of Greece
USA Zoellick, Robert B. Chairman, Board of International Advisors, The Goldman Sachs Group

AUT Austria GRC Greece
BEL Belgium HUN Hungary
CAN Canada INT International
CHE Switzerland IRL Ireland
CHN China ITA Italy
DEU Germany NLD Netherlands
DNK Denmark NOR Norway
ESP Spain PRT Portugal
FIN Finland SWE Sweden
FRA France TUR Turkey
GBR Great Britain USA United States of America

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#AceWorldNews DONETSK May 10 The referendum on the…

#AceWorldNews – DONETSK – May 10 – The referendum on the status of self-proclaimed Donetsk People’s Republic (DNR) scheduled for May 11, has begun early in two districts of the province as the situation has aggravated, Chairman of the DNR Election Commission Roman Lyagin told reporters on Saturday.

“In Mariupol, the referendum began May 9 following the news about possible aggravation of the political situation in the region,” Lyagin said adding that “This was the cause behind the Ukrainian‘s army stepping up its activity on May 9.”

According to the election commission official, federalization supporters prepared 53 election districts and set up more than 1,500 local election commissions.

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