Category Archives: Economy

Economy Press Releases & News distributed via EuropaWire

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

Cebr: oil price will cycle around $60 until the mid to late 2020s

Forecasting Eye  LONDON, 10-Dec-2018 — /EuropaWire/ — The announcement from the margins of the G20 that Russia and the Saudis were cooperating on oil pricing certainly gave a fillip to the oil markets. The Brent crude future rose from $58.76 per barrel … Read the full press release

Two Trinity graduates among the 147 individuals that comprise the 2020 cohort of the Schwarzman Scholars

DUBLIN, 05-Dec-2018 — /EuropaWire/ — Two Trinity graduates—Conor McGlynn and Conor O’Meara—are among the 147 individuals that comprise the 2020 cohort of the Schwarzman Scholars, which is one of the world’s most prestigious graduate fellowship programmes, located at Schwarzman College at … Read the full press release

Intesa Sanpaolo organised two events in London dedicated to the circular economy applied to food tech

• Innovation and circularity are key to feeding the planet in the future • Intesa Sanpaolo intends to become the first Impact Bank in the world also thanks to a systemic transition to the circular economy. • Two events dedicated to food in … Read the full press release

Intesa Sanpaolo supports the German-Italian Innovation Conference

• The Bank is a key player in supporting the circular economy • Intesa Sanpaolo Innovation Center brings two start-ups focused on mobility to the German-Italian Innovation Conference BERLIN, 23-Nov-2018 — /EuropaWire/ — For the second year running, Intesa Sanpaolo is supporting the … Read the full press release

Cobots and RPA Gain Centerstage in Automotive Robotics Space; Labor Issues Prevail as a Key Challenge

DUBLIN 2, Ireland, 08-Nov-2018 — /EuropaWire/ — Robotics in the automotive industry has been acclaimed as the impetus behind driving optimization and rethinking of production and process through innovative measures. Prospect of artificial intelligence is promising, with the ability to … Read the full press release

Food Waste Recycling Machine Sales to Reach 10,890 units in 2018 on the Back of Growing Investments in Sustainable Solutions

DUBLIN 2, Ireland, 05-Nov-2018 — /EuropaWire/ — Fact.MR’s recent study on food waste recycling machine market foresees a promising growth, driven by proactive initiatives for fostering environmental sustainability. An amalgamation of pivotal aspects, ranging from launch of legislation around food waste … Read the full press release

SMEs Accounted for Nearly 60% Share of SAP Cloud Platform Services Market in 2017, Finds New Fact.MR Study

DUBLIN 2, Ireland, 05-Nov-2018 — /EuropaWire/ — Increasing number of solutions in the entire cloud ecosystem has resulted in creation of a complex cloud environment. Shifting toward cloud platforms being a major focus, cloud customers are facing challenges in managing applications, … Read the full press release

China’s Dominance of Pneumatic Rollers Production and Demand Continues, Finds Fact.MR Study

DUBLIN 2, Ireland, 05-Nov-2018 — /EuropaWire/ — Fact.MR, a leading market research firm that focuses on niche market intelligence across various domains, has announced the launch of a new research study which offers incisive insights on global trends influencing the pneumatic … Read the full press release

World Economic Forum 2019: Globalization 4.0: Shaping a Global Architecture in the Age of the Fourth Industrial Revolution

Globalization has created global growth and development but also given rise to excessive inequality For the next wave of globalization – “Globalization 4.0” – leaders need to learn from past mistakes and build more inclusive societies and better protect vulnerable … Read the full press release

Swedbank joins initiative to speed up the realisation of the UN Sustainable Development Goals (SDGs)

Today (2018-10-31), a group of Nordic-based CEOs announced a joint initiative to speed up the realisation of the UN Sustainable Development Goals (SDGs). Representatives from the group presented their shared ambitions to Norwegian Prime Minister Erna Solberg during the 70th … Read the full press release

OEMs Hold 90% Share of Automotive Switches Sales Channel, Finds Fact.MR

DUBLIN 2, Ireland, 01-Nov-2018 — /EuropaWire/ – Fact.MR, a leading research firm that tracks niche markets across 150 countries globally, has launched a new research report that delivers in-depth analysis on the global trends influencing the automotive switches market. The … Read the full press release