| ScholarPoint Offers $5,000 Prize for Best 60 Second YouTube Video
Student loan consolidation company ScholarPoint Financial Inc will give away $5,000 to the winner of its SIC-Vids YouTube Video Contest. La Jolla, CA (PRWEB) November 9, 2007 -- ScholarPoint Financial Inc., a leader in the student loan consolidation industry, announces the launch of their "SIC-Vids" YouTube video contest in which one participant will win $5,000 in cash. .
World Outfitters seeks caribou colossus
The global juggernaut of consolidation that has been rolling through steel, mining, technology and other sectors now has an unlikely new target: caribou hunting in northern Quebec. World Outfitters Corp. Safari Nordik of Blainville, Que., said Friday that it has struck a deal to buy out the largest winter outfitter for caribou hunting in Eastern Canada, Mirage Outfitter Inc., for an estimated $5.5-million in shares and debt. World Outfitters, which began trading on the TSX Venture exchange in Mid-September after raising $2-million in its initial public offering, said Mirage has a more than 50 per cent share of the winter market and generates annual revenue of about $8-million. That is almost double the $4.2-million in sales World Outfitters reported for 2006, according to its IPO prospectus.
Shell Citibank card to draw 100,000 new customers
KUALA LUMPUR: Citibank Bhd expects to draw 100,000 new customers in the next 12 months through its latest Shell Citibank credit card. The card, aimed at helping consumers cut down on fuel costs, will offer rebates of up to 5% on fuel purchases at Shell stations and up to 1.5% for other purchases at Shell and selected merchant outlets. �In 2006, there were over 400,000 new cars registered in Malaysia and the price of fuel has increased over the last two years. �To help lessen the burden of Malaysian motorists, Citibank and Shell have came up with a real way to save on fuel costs in the form of the Shell Citibank credit card,� said Citibank country business manager Michellina Triwardhany at the launch of the card yesterday. Customers will be entitled to double rebates during the 60-day promotional period that started yesterday. .
IMF Convenes First Annual Roundtable of Sovereign Asset and Reserve Managers
The International Monetary Fund (IMF) convened its first annual Roundtable of Sovereign Asset and Reserve Managers in Washington, D.C. on November 15-16, 2007. The Roundtable—which is designed to facilitate the exchange of ideas and experiences in asset and reserve management—was attended by high level delegates from central banks, ministries of finance and sovereign asset managers from 28 countries. The purpose of the inaugural Roundtable, which was organized by the IMF's Monetary and Capital Markets Department in collaboration with other Fund departments, was to exchange ideas about how best to address the policy and operational issues faced by managers of growing reserves and sovereign assets. The discussions covered trends in reserve accumulation and their implications for central bank balance sheets.
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