Daily Archives: 4, October 2017

Royal Dutch Shell and Kuwait Foreign Petroleum Exploration Company (KUFPEC) cancel share sale of Shell Integrated Gas Thailand Pte. Limited (SIGT) and Thai Energy Co Limited (TEC)

The HAGUE, 04-Oct-2017 — /EuropaWire/ — Royal Dutch Shell announces today that its subsidiary, BG Asia Pacific Holdings Pte Limited, and KUFPEC Thailand Holdings Pte Limited, a subsidiary of Kuwait Foreign Petroleum Exploration Company (KUFPEC), have mutually agreed to cancel the … Read the full press release

German magazine ‘auto motor und sport’ voted ŠKODA KAROQ as the best new design in the compact SUV’s

ŠKODA KAROQ wins prestigious ‘Autonis’ award in ‘auto motor und sport’ readers’ poll in Germany Traditional Czech brand’s SUV secures 28.7% of votes, prevailing against 17 contenders KAROQ features distinctive emotive design and numerous crystalline elements Mladá Boleslav, 04-Oct-2017 — … Read the full press release

ŠKODA Motorsport to compete at the RallyRACC Catalunya – Rally de España with two ŠKODA FABIA R5

Driving a ŠKODA FABIA R5 Jan Kopecký wants to repeat his last year’s WRC 2 victory at RallyRACC, the Spanish round of the FIA World Rally Championship As part of ŠKODA Motorsport 2015 Finnish Junior Champion Juuso Nordgren will be … Read the full press release

“Driven by German Design” exhibition at Qatar Museums, 3 October 2017 – 14 January 2018

Highlight of the “Germany Qatar 2017- Year of Culture” organized by Qatar Museums and the German Federal Foreign Ministry Innovative and multi-faceted show celebrates the evolution and achievements of al-most 70 years of German design history including studies and prototypes … Read the full press release

Deutsche Bank early adopter of UN Standards of Conduct for Business to tackle discrimination against lesbian, gay, bi, trans and intersex (LGBTI) people

Frankfurt am Main,  04-Oct-2017 — /EuropaWire/ — Deutsche Bank has become one of the first companies to adopt the United Nations Standards of Conduct for Business to tackle discrimination against lesbian, gay, bi, trans and intersex (LGBTI) people. The United … Read the full press release

Online retail is the key driver for the German retail sector in 2017

Frankfurt am Main, 04-Oct-2017 — /EuropaWire/ — The German retail sector has visibly lifted its sales forecast for 2017, up from 2% to 3%. The key driver is online retail, along with the currently very consumer-friendly economic environment in Germany, which … Read the full press release

Blockchain Insurance Industry Initiative B3i adds 23 new entrants joining its Market Testing program

23 additional companies join the Blockchain Insurance Industry Initiative (B3i) B3i will form company in 2018 for further R&D and commercialization of blockchain prototypes More use cases beyond P&C reinsurance to be developed MUNICH, 04-Oct-2017 — /EuropaWire/ — The Blockchain Insurance … Read the full press release

Interbrand: Allianz brand value now at $10.059 billion

Allianz climbs for the seventh year running to 49th place in global ranking Allianz brand value rises 6 percent in 2017 versus 2016 Allianz brand value now at $10.059 billion, Interbrand study says MUNICH, 04-Oct-2017 — /EuropaWire/ — For the … Read the full press release

Glencore to acquire 26.73% of Volcan Compañia Minera S.A.A. for US$531 million

BAAR, 04-Oct-2017 — /EuropaWire/ — Glencore has concluded an agreement with certain shareholders (“Selling Shareholders”) of Volcan Compañia Minera S.A.A. (“Volcan”) pursuant to which Glencore has agreed to acquire 26.73% of the total class A common (voting) shares of Volcan at … Read the full press release

The Green Climate Fund (GCF) to allocate up to US$ 110 million to the EBRD’s Kazakhstan Renewables Framework

Fund to provide up to US$ 110 million for investments in green energy LONDON, 04-Oct-2017 — /EuropaWire/ — The Green Climate Fund (GCF) has approved an allocation of up to US$ 110 million to the EBRD’s Kazakhstan Renewables Framework, an innovative plan to finance … Read the full press release

EBRD President Sir Suma Chakrabarti met with Finland’s Minister of Finance Petteri Orpo

President Chakrabarti visits Helsinki for talks with government and businesses LONDON, 04-Oct-2017 — /EuropaWire/ — EBRD President Sir Suma Chakrabarti has used a visit to Helsinki to express the Bank’s gratitude for the support it enjoys from Finland and to appeal to the … Read the full press release

Jaap Sprey appointed new head of the EBRD Resident Office in Montenegro

Focusing on making economy more competitive, integrated and green LONDON, 04-Oct-2017 — /EuropaWire/ — Jaap Sprey, @SpreyJaap, the new head of the EBRD Resident Office in Montenegro, is taking up his new post in Podgorica today. Mr Sprey previously held the position of … Read the full press release