Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Beijing beats Shanghai as the top global city in the second publication of the Schroders Global Cities 30 index

LONDON, 14-Dec-2016 — /EuropaWire/ — Beijing has been named as the top global city in the second publication of the Schroders Global Cities 30 index, putting it ahead of Shanghai which took the top spot in August. China’s mega-cities dominated … Read the full press release

Intesa Sanpaolo Group will host Sharing Italy event to enhance Italy’s future business culture

Intesa Sanpaolo will promote Sharing Italy, an event focusing on the country’s economic and entrepreneurial future It will involve thinkers, researchers, international guests and businesses that stand out for their dynamism and ability to interpret the changes underway Six key … Read the full press release

Faculty Fellow at The Alan Turing Institute Zoubin Ghahramani AI start-up Geometric Intelligence acquired by Uber

LONDON, 13-Dec-2016 — /EuropaWire/ — We are delighted to congratulate Zoubin Ghahramani, Faculty Fellow at The Alan Turing Institute and Professor of Information Engineering at the University of Cambridge, on the news that his AI start-up has been acquired by … Read the full press release

Anglo American: rough diamond sales value for De Beers’ 10th sales cycle of 2016 at $418 million

LONDON, 13-Dec-2016 — /EuropaWire/ — Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ tenth sales cycle of 2016, amounting to $418 million, compared with the $476 million value of the … Read the full press release

ING opens new Americas head office in New York City

NEW YORK, NY, U.S.A., 12-Dec-2016 — /EuropaWire/ — With a new head office opened this week, ING New York is embracing a ‘new and modern way of working’. Following on from the recent opening of a new London office, the … Read the full press release

DHL Global Forwarding and Abu Dhabi-based Mubadala Development Company initiate a strategic partnership for the next five years

DHL provides a global multi modal solution, streamlining all logistics processes Strategic partnership will run for five years BONN, 08-Dec-2016 — /EuropaWire/ — DHL Global Forwarding, the air and ocean freight specialist of Deutsche Post DHL Group, and Mubadala Development … Read the full press release

Brian Humphries appointed Group Enterprise Director Vodafone

NEWBURY, 08-Dec-2016 — /EuropaWire/ — Vodafone Group today announced the appointment of Brian Humphries as Group Enterprise Director. He will oversee the Group’s enterprise business across Vodafone’s local markets and internationally with responsibilities including Vodafone Global Enterprise – the Group’s dedicated … Read the full press release

New state-of-the-art technology facility of London Stock Exchange Group (LSEG) opens in Sri Lanka

Prime Minister of Sri Lanka opens new LSEG technology facility Will directly employ 400 highly trained personnel State-of-the-art facility to support LSEG’s global technology operations LONDON, 08-Dec-2016 — /EuropaWire/ — London Stock Exchange Group (LSEG) today announces the opening of its … Read the full press release

ENGIE and Statoil to renegotiate their long-term gas supply contracts

PARIS, 06-Dec-2016 — /EuropaWire/ — On November 30, ENGIE and Statoil have reached an agreement on the renegotiation of their long-term gas supply contracts. This agreement consists in a modernization of historical contracts to adapt them to a profound evolution of … Read the full press release

AllianzGI announces that Sound Harbor Partners will join its Private Debt Platform

Agreement reinforces AllianzGI’s capability in Alternatives and will accelerate the global build-out of its Private Debt Platform MUNICH, 05-Dec-2016 — /EuropaWire/ — Allianz Global Investors (AllianzGI), one of the world’s leading active investment managers, announced today that Sound Harbor Partners, a … Read the full press release

SAP now #22 in the 2016 Interbrand Best Global Brand report

WALLDORF, 01-Dec-2016 — /EuropaWire/ — SAP SE (NYSE: SAP) has been recognized as one of the “Top Growing Brands” in the 2016 Interbrand Best Global Brand report. In just one year, SAP moved up in its ranking from #26 to #22, … Read the full press release

Airbus Group on WTO Panel DS487 report: Boeing must give up these massive tax subsidies

Extends the WTO’s earlier condemnation of massive illegal subsidies to Boeing to 26 billion USD in the form of wholly non-refundable corporate welfare. This is the single largest state-level instance of corporate welfare in US history. The subsidy package condemned … Read the full press release

Petrol’s subsidiary IGES to dispose an Interest in GEN-I d.o.o.

LJUBLJANA, 29-Nov-2016 — /EuropaWire/ — Following the fulfilment of suspensive conditions, IGES d.o.o., a subsidiary of Petrol d.d., Ljubljana, has completed the disposal of its interest in GEN-I, d.o.o.  The buyer is GEN-EL d.o.o.; the amount EUR 45,100,000.00. IGES d.o.o. is … Read the full press release

Vaisala to reorganize its Weather Business Area into under four regions and two business lines

HELSINKI, 28-Nov-2016 — /EuropaWire/ — Vaisala reorganizes its Weather Business Area in order to simplify structure and operations and to better align with the strategy. Weather Business Area continues to develop industry leading weather observation products and services, which combine expertise … Read the full press release

ISS to acquire former E.ON FM subsidiary EVANTEC

ISS has agreed to buy the German technical and building services company EVANTEC specialised in services within critical environments in the energy, infrastructure and technology sectors Annual expected revenue of DKK 352 million (EUR 47million), 800 employees Søborg, Denmark, 25-Nov-2016 … Read the full press release

New DFG-funded Collaborative Research Center at LMU to investigate the significance of behavioral biases of individuals in competitive environments

A new DFG-funded Collaborative Research Center based at LMU will probe the influence of systematic misconceptions and biases in expectations and preferences on economic decision-making and the workings of markets. MÜNCHEN, 25-Nov-2016 — /EuropaWire/ — Studies in the field of Behavioral … Read the full press release

AREVA and EDF sign for the sale of AREVA NP activities

PARIS, 17-Nov-2016 — /EuropaWire/ — Following the memorandum of understanding signed on 28 July 2016, AREVA and EDF signed on 15 November the contract setting the terms of the sale of an interest conferring exclusive control by EDF of an entity (“NEW … Read the full press release

Nokia sets key financial and strategic targets at Capital Markets Day 2016

Higher returns through focused growth: Nokia sets key financial and strategic targets at Capital Markets Day 2016 BARCELONA, 16-Nov-2016 — /EuropaWire/ — Nokia today outlined its vision and strategic priorities for ensuring sustainable growth in its core businesses and tapping new … Read the full press release

CBI report: UK universities’ growing range of links with China key asset for deepening UK-China relations

As the UK shapes its economic role in the world following the EU referendum, cementing our position will be more crucial than ever.  LONDON, 14-Nov-2016 — /EuropaWire/ — China’s increasing research and economic significance, and the UK’s world-leading universities, with their … Read the full press release

Alpiq to divest its non-strategic interest in Swissgrid AG

LAUSANNE, 10-Nov-2016 — /EuropaWire/ — Alpiq concluded the divestment of its non-strategic interest in Swissgrid AG on 8 November 2016. Alpiq will receive an amount of CHF 146 million, which will be used to further reduce net debt. On 6 … Read the full press release