A large-scale, sunset-colored painting by Daugavpils-born (southeastern Latvia) painter Mark Rothko fetched USD 86.9 million at auction Tuesday, setting a new record for any contemporary work of art, ...

This is it, my friends! It happened! We finally found someone willing to take over and continue our business. In the year of our 25th anniversary, in June – precisely the month the first ever issue of ...

News agency BNS has taken over the Swedish media monitoring company's Cision Lithuanian subsidiary Cision Lietuva, Vz.lt/LETA reported. BNS paid 421,680 lats for 100% of Cision Lietuva shares.

The Riga Regional Court has accepted Ventspils Mayor Aivars Lembergs' claim against the Prosecutor General's Office and the Finance Ministry, in which he demands the two government institutions pay ...

At the shareholder meeting held on 21 December 2009 the shareholders of JSC Energy and Water Transport approved the Daugava basin economic development strategy elaborated by an economist Uldis Osis ...

Financial groups that are active in one or more country and operating in numerous financial sectors, e.g. real estate, insurance, investments, etc. are known as financial conglomerates. Due to their ...

The Board of the Financial and Capital Market Commission (hereinafter – the FCMC) during an extraordinary meeting overnight adopted a decision on the occurrence of unavailability of deposits at ABLV ...

According to Statistics Estonia, in 2011 a household member spent 3% more than in 2010. According to the Household Budget Survey, in 2011 the average expenditure of a household member per month was ...

Latvian pianist Aurelija Simkus has won the prestigious Echo Klassik award for her second solo album, Bach - Ich Ruf' Zu Dir, released by Germany's RS Produktio, reports LETA. According to a list of ...

The highest cargo increase during the first month of the current comparing with January of 2013 was reached in general cargo group: totally 877,7 thou. tn, i.e. +7% or +57,2 thou. tn were handled.