Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

DEG to pool activities in the West African countries with new representative office in Lagos

COLOGNE, 8-Nov-2019 — /EuropaWire/ — DEG – Deutsche Investitions- und Entwicklungsgesellschaft opens a representative office in Lagos. The new office in Nigeria’s economic hub will pool DEG’s activities in the West African countries. Nigeria is one of the largest economies … Read the full press release

The Advanced Management Programme created by INSEAD and Fundação Dom Cabral celebrates its 30th anniversary

MIDDLE EAST, ASIA, EUROPE, 16-Oct-2019 — /EuropaWire/ — The Advanced Management Programme (PGA), a unique business education model established in 1989 by two of the world’s top business schools INSEAD and Fundação Dom Cabral, is turning 30 this year. Over … Read the full press release

Deutsche Bank China fully licenced as foreign lead underwriter in the China interbank bond market

Deutsche Bank China fully licenced as foreign lead underwriter in the China interbank bond market

FRANKFURT AM MAIN, 3-Sep-2019 — /EuropaWire/ — Deutsche Bank has announced it has received the Type-A Lead Underwriting Licence (Foreign Banks) by the China’s National Association of Financial Market Institutional Investors (NAFMII). This type of license is the most comprehensive … Read the full press release

Deutsche Bank part of major initiative aimed at creating a common basis for sustainability to be accepted by capital markets

The initiative aims at transforming the way companies are valued FRANKFURT AM MAIN, 22-Aug-2019 — /EuropaWire/ — Deutsche Bank has announced it is joining the value balancing alliance e.V.. Established as a non-profit organization the alliance was founded in 2019 … Read the full press release

10 year long CHF 3 million grant from Credit Suisse backs an existing professorship at the University of Zurich

10 year long CHF 3 million grant from Credit Suisse backs an existing professorship at the University of Zurich

ZURICH, 1-Jul-2019 — /EuropaWire/ — The Professorship of the Economics of Corporate Culture, Business Ethics and Social Responsibility at the University of Zurich is getting financial backing from Credit Suisse. The bank has just signed an agreement with the university, … Read the full press release

200 SMEs in Bulgaria, Latvia and Romania to benefit from the joint EBRD and EU programme

LONDON, 4-Jun-2019 — /EuropaWire/ — Investment in research and innovation by small and medium-sized enterprises (SMEs) in Bulgaria, Latvia and Romania will now have support from new financing programme launched by the EBRD and the EU. The new financing programme … Read the full press release

Biodiversity Report Is Urgent Call to Action Beyond Fixes; Geneva Global Initiative Calls on World Community to Focus on Concrete Actions

GENEVA, 6-May-2019 — /EuropaWire/ — The UN IPBES’ 2019 Global Assessment Report on Biodiversity and Ecosystem Services is another one in a long line of warnings about the state of our planet. It should be clear that we face multiple … Read the full press release

Deutsche Bank to use its Hong Kong branch to offer cross border Renminbi (RMB) spot and FX derivatives via its global branch network

Deutsche Bank to support the continued internationalisation of the RMB Major step for the RMB in becoming a global trade currency FRANKFURT AM MAIN / SINGAPORE, 15-Apr-2019 — /EuropaWire/ — Deutsche Bank, following an approval given to the bank by … Read the full press release

Deutsche Bank Research on India’s general elections: the rupee, foreign investors, equities

FRANKFURT AM MAIN, 12-Apr-2019 — /EuropaWire/ — Deutsche Bank Research has observed a statistical trend during the general elections in India that almost all the time plays out in a similar manner. According to the bank’s researchers, India’s currency generally … Read the full press release

The German Council of Economic Experts will look after the National Productivity Board in Germany

WIESBADEN, 11-Apr-2019 — /EuropaWire/ — The German Council of Economic Experts will be responsible for the National Productivity Board in Germany. The assignment has come from the federal government as a response to a recommendation by the Council of the … Read the full press release

Italian National Research Council (CNR) and Eni to establish four linked research centres in southern Italy

LECCE, 25-Mar-2019 — /EuropaWire/ — The Italian National Research Council (CNR) (The Consiglio Nazionale delle Ricerche) and Eni have just signed a Joint Research Agreement (JRA) with the aim at setting up four linked research centres in southern Italy. The … Read the full press release

Accenture Survey 2019: diversity and equal workplace culture – powerful drivers of an innovation mindset

NEW YORK, 7-Mar-2019 — /EuropaWire/ — Accenture (NYSE: ACN) has conducted an online and phone survey, as part of its “Getting to Equal 2019” research, interviewing more than 18,000 professionals in 27 countries, including 150 C-level executives during November and … Read the full press release

Swiss Federal Statistical Office: 0.3% decline in retail sales in January 2019 YoY

NEUCHÂTEL, 4-Mar-2019 — /EuropaWire/ — The retail sales in Switzerland have seen a slight decline of 0.3% in nominal terms in January 2019 as compared with the same month last year. The data is from the Swiss Federal Statistical Office … Read the full press release

Beata Javorcik to succeed Sergei Guriev as new Chief Economist at EBRD

LONDON, 25-Feb-2019 — /EuropaWire/ — The EBRD names Beata Javorcik to succeed Sergei Guriev as Chief Economist. She will join the Bank on 1 September 2019. Beata Javorcik is the first woman to hold a Statutory Professorship in Economics at … Read the full press release

Destatis: United States remains the most important buyer of German goods in 2018; China still main trading partner

WIESBADEN, 18-Feb-2019 — /EuropaWire/ — The Federal Statistical Office (Destatis) has just released its preliminary results on Germany’s international trade for 2018. According to the data, China remains the biggest trading partner for Germany, already 3 years in a row.  Goods worth … Read the full press release

Data on manufacturing in Germany December 2018: 1.6% decline in new orders; Turnover up by 2.7%

WIESBADEN, 6-Feb-2019 — /EuropaWire/ — New provisional data from the Federal Statistical Office (Destatis) reveals a slight decline of -1.6% for the new orders in manufacturing in Germany during December 2018 when compared to the previous month having the price, seasonally and calendar adjusted. … Read the full press release

Preparing Civil Society for the Fourth Industrial Revolution, a new initiative launched by World Economic Forum

The World Economic Forum today launches an initiative aimed at helping civil society prepare for and respond to the Fourth Industrial Revolution. The civil society sector, which engages 350 million people worldwide, faces problems in leveraging innovation and providing solutions … Read the full press release

The oil and gas industry in 2019: Regulation topped the list of factors most likely to drive oil and gas companies to decarbonize their operations in 2019

Confidence in the outlook for the oil and gas sector more than doubles in two years – up from 32% to 76%. 70% of senior industry professionals expect to increase or maintain capital expenditure in 2019 A third (34%) expect … Read the full press release

Henkel reports 2018 preliminary sales of 19.9 billion euro

Implementation of Henkel 2020+ well under way Preliminary results 2018: Good performance despite significant headwinds Stepping up investments in brands and innovations to capture growth opportunities in consumer businesses and accelerate digital transformation Outlook for fiscal 2019 reflecting increased growth … Read the full press release

Central Bank of Ireland Deputy Governor Ed Sibley outlined the Central Bank’s strategic priorities for the next three years in the context of the safety and soundness of the financial system

Resilience of the financial system will remain a key focus for the Central Bank over the next three years A hard Brexit will be damaging for Ireland, but short-term ‘cliff-edge’ stability risks to the financial system are manageable Legislation is … Read the full press release

World Economic Forum’s Global Risks Report 2019: Worsening international relations hinders action across a growing array of serious challenges

Rising geopolitical and geo-economic tensions are the most urgent risk in 2019, with 90% of experts saying they expect further economic confrontation between major powers in 2019 Environmental degradation is the long-term risk that defines our age, with four of … Read the full press release

INSEAD to sponsor the UN’s Sustainable Development Goals Tent during the World Economic Forum (WEF) annual meetings in Davos, Switzerland

New INSEAD institute to host thought leaders, chief executives and experts to seek solutions that achieve the UN Sustainable Development Goals Fontainebleau, France, 17-Jan-2019 — /EuropaWire/ — INSEAD, the Business School for the World, is partnering to sponsor the SDG Tent … Read the full press release

Natixis to support low-carbon and climate resilient economy by joining the Climate Bonds Initiative (CBI) Partners Program

Natixis has joined the Climate Bonds Initiative (CBI) Partners Program to support investment towards a low-carbon and climate resilient economy. PARIS/LONDON, 14-Jan-2019 — /EuropaWire/ — Natixis has joined the Climate Bonds Initiative (CBI) Partners Program, an international network of financial actors … Read the full press release

Deutsche Bank Wealth Management’s CIO: 6 themes to watch in 2019 based on macroeconomic outlook, market conditions and the major asset classes

FRANKFURT AM MAIN, 11-Jan-2019 — /EuropaWire/ — The themes for 2019 are based around the macroeconomic outlook, market conditions and the major asset classes: 1) Growth deceleration. Global growth is slowing and becoming less synchronised. As the US upswing matures, Europe … Read the full press release

CIB Capital Markets Strategist Tom Joyce comments on US-China Policy Escalation & Markets in the January issue of C-SPACE

FRANKFURT AM MAIN, 11-Jan-2019 — /EuropaWire/ — The United States and China are at a crossroad in what has become the most important bilateral relationship of the 21st Century, CIB Capital Markets Strategist Tom Joyce said in the January issue of … Read the full press release

Henkel to invest 5 million pounds in Circularity European Growth Fund I LP managed by Circularity Capital

Henkel invests into specialist circular economy fund DÜSSELDORF, 09-Jan-2019 — /EuropaWire/ — Supporting Henkel’s progress in sustainability, the company closed the investment into Circularity European Growth Fund I LP, an impact fund managed by Circularity Capital. With the investment of … Read the full press release

London Economics Report: University of York monetary and social value for the UK economy is £1.8 billion

YORK, 09-Jan-2019 — /EuropaWire/ — The report demonstrates the monetary and social value of the University of York locally, nationally and internationally. It addresses the economic impact of teaching and learning; research and knowledge exchange; international students; and University and student … Read the full press release

WEF / Oxford Martin School: balancing meat consumption with alternative sources of protein can lead to significant health and environmental benefits

New research by the Oxford Martin School for the World Economic Forum finds that balancing meat consumption with alternative sources of protein can lead to significant health and environmental benefits A sustainable food industry and healthier human life can be … Read the full press release

Destatis: in 2018 there were roughly 44.8 million persons in employment whose place of employment was in Germany

Number of persons in employment up 1.3% year on year WIESBADEN, 02-Jan-2019 — /EuropaWire/ — On an annual average in 2018, there were roughly 44.8 million persons in employment whose place of employment was in Germany. According to first provisional calculations … Read the full press release

EY Building a Better Working Europe survey: Skill shortages in Europe are damaging the growth prospects of companies and the continent’s economy

European companies struggle to recruit and retain talent with digital skills Almost half (48%) lack cybersecurity, artificial intelligence and robotics skills Digitally mature companies record higher productivity and better top-line growth LONDON, 18-Dec-2018 — /EuropaWire/ — Skill shortages in Europe are … Read the full press release