Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Munich Re’s subsidiary Great Lakes Australia to partner with Steadfast Group for the acquisition of Calliden Group Ltd

MUNICH, 30-9-2014 — /EuropaWire/ — Munich Re’s primary insurance subsidiary Great Lakes Australia (GLA) has reached an agreement to support Australia’s largest broker network, Steadfast Group (Steadfast) in their proposed acquisition of Calliden Group Ltd (Calliden). Munich Re will acquire … Read the full press release

BMW research project to pave the way for highly automated driving in China

Munich, 30-9-2014 — /EuropaWire/ — The BMW Group is a leading auto industry developer of highly automated vehicle prototypes. BMW’s research prototypes have already driven thousands of kilometres in highly automated – i.e. self-driving – mode on German motorways. In February … Read the full press release

BMW Group’s Dr. Helmut Erdl and Dr. Abdelmalek Hanafi awarded the 2nd innovation prize by The Berthold Leibinger Foundation for the BMW i8 laser-based lighting systems

BMW developers awarded the second innovation prize of Berthold Leibinger Foundation Munich/Ditzingen, 30-9-2014 — /EuropaWire/ — The Berthold Leibinger Foundation awarded Dr. Helmut Erdl and Dr. Abdelmalek Hanafi of BMW Group the second innovation prize. The award recognizes the candidates for … Read the full press release

T-Systems to bring corporate customers in Germany and Europe onto Cisco’s global Intercloud platform

T-Systems founding member in Cisco’s global cloud initiative Intercloud platform for Europe operated by T-Systems in German data center Customer relations through Telekom’s systems solutions unit Hannover, 30-9-2014 — /EuropaWire/ — In a major push for highly secure cloud services, … Read the full press release

BAE Systems plc releases its Interim Management Statement for the period from 1 July 2014 to 28 September 2014

LONDON, 30-9-2014 — /EuropaWire/ — BAE Systems plc today issues its Interim Management Statement for the period from 1 July 2014 to 28 September 2014 in accordance with the requirements of the UK Listing Authority’s Disclosure Rules and Transparency Rules. … Read the full press release

Volkswagen recognized its 100 best international service partners with the Volkswagen Service Quality Award

Service Quality Award 2014 presented to 100 international Volkswagen partners from 30 countries Seven dealerships inducted into VSQA Hall of Fame Wolfsburg / Dresden, 29-9-2014 — /EuropaWire/ —Volkswagen has recognized its 100 best international service partners with the Volkswagen Service … Read the full press release

The London Metal Exchange announces new fee schedule to support the ongoing programme of investment

Tariff simplified to give all-in transaction fee in a single currency Discounts offered for some trade types, including Ring trades Supports continued investment in IT, systems and service provisions LONDON, 29-9-2014 — /EuropaWire/ — The London Metal Exchange (LME) today … Read the full press release

Allianz: PIMCO appointed Daniel Ivascyn as Group Chief Investment Officer succeeding William H. Gross

Firm Names Andrew Balls, Mark Kiesel, Virginie Maisonneuve, Scott Mather and Mihir Worah Chief Investment Officers Mr. Kiesel, Mr. Mather and Mr. Worah named Portfolio Managers for Total Return Fund Saumil Parikh, Mr. Ivascyn, and Mohsen Fahmi named Portfolio Managers … Read the full press release

L’Atelier BNP Paribas announced the appointment of Nathalie Doré as the CEO of its San Francisco-based American subsidiary

Paris, San Francisco, 29-9-2014 — /EuropaWire/ — L’Atelier BNP Paribas has announced the appointment of Nathalie Doré as the CEO of its San Francisco-based American subsidiary. She is succeeding Sergi Herrero. Nathalie Doré will report to Louis Treussard, CEO of … Read the full press release

Jean Lemierre named BNP Paribas Chairman of the Board

During its meeting today, the Board of Directors of BNP Paribas acknowledged Baudouin Prot’s decision to step down as Chairman and Director as of 1 December 2014. The Board will meet on this same date to appoint, following the proposal … Read the full press release

Eni wins 3 new exploration licenses in Egypt as a result of the competitive 2013 EGPC and EGAS bid rounds

Eni continues to renew, expand and diversify its exploration portfolio. In the last months, Eni has entered into new countries, such as South Africa and Myanmar, and acquired new areas like, such as in China and Vietnam. San Donato Milanese … Read the full press release

Glencore completes sale of its interest in Frieda River Project in Papua New Guinea to PanAust Limited

Baar, Switzerland, 29-9-2014 — /EuropaWire/ — We refer to Glencore plc’s (“Glencore”) announcement on 31 October 2013 relating to the execution of a share sale agreement (“SSA”) with PanAust Limited (“PanAust”) for the sale of its interest in the Frieda River … Read the full press release

Glencore plc to host series sell-side analyst visits in Australia and New Caledonia from 29 September to 2 October 2014

Baar, Switzerland, 29-9-2014 — /EuropaWire/ — Glencore plc (“Glencore”) announces that it will host a series sell-side analyst visits in Australia and New Caledonia from 29 September to 2 October 2014. The visits will focus on the following operations: • Ravensworth … Read the full press release

Shell, BP, Maersk, Stena, NYK, MOL and “K” Line Joint Shipping Initiative give $1.5M additional funds to UNDP’s “Alternative Livelihoods to Piracy in Puntland and Central Regions of Somalia” project

The Joint Shipping Initiative – made up of Shell, BP, Maersk, Stena and Japanese shipping companies NYK, MOL and “K” Line – today announced it has given $1.5 million of additional funds to a United Nations Development Programme (UNDP) project … Read the full press release

European Commission restricts the use of three preservatives in cosmetic products

BRUSSELS, 26-9-2014 — /EuropaWire/ — Today the Commission further strengthened the protection of consumers, in particular babies and young children. It adopted two measures restricting the use of three preservatives in cosmetic products. “We have shown once again that the … Read the full press release

EBRD co-hosted conference “The ESCO Opportunity: Improving Energy Efficiency in Public Facilities” in Belgrade

EBRD and Ministry of Mining and Energy of the Republic of Serbia deepen private-public sector collaboration LONDON, 26-9-2014 — /EuropaWire/ — Improved cooperation between the private and public sectors with regard to energy efficiency was the focus of a conference … Read the full press release

The EBRD sells its 5% stake in Bank of Georgia Holdings Plc

Sale reflects strong institutional investor demand and increasing investor focus on Georgia LONDON, 26-9-2014 — /EuropaWire/ — The EBRD has sold its 5% stake in Bank of Georgia Holdings Plc, the country’s largest bank. The 1,795,503 shares, representing the EBRD’s … Read the full press release

European Patent Office signs Patent Prosecution Highway pilot programmes with Canada, Mexico and Singapore to launch accelerated treatment of patent applications

New pilot programmes to start in 2015 Aimed at faster processing of patent applications Offices can exploit each other’s work EPO President Battistelli: “Innovating companies from these regions will benefit from faster and easier access to patent protection” Geneva, 26-9-2014 … Read the full press release

RenewableUK condemns the unprecedented interference of the Secretary of State for Communities and Local Government Eric Pickles in renewable energy projects in England

LONDON, 25-9-2014 — /EuropaWire/ — RenewableUK has condemned the unprecedented interference of the Secretary of State for Communities and Local Government Eric Pickles in renewable energy projects in England. He has now intervened in 50 wind farm planning applications since … Read the full press release

Novartis’ two pivotal Phase III studies of AIN457 (secukinumab) in psoriatic arthritis (PsA) met primary and key secondary endpoints

Secukinumab met primary and key secondary endpoints in two pivotal Phase III studies showing superiority to placebo in patients with adult onset psoriatic arthritis (PsA) PsA is a debilitating, long-lasting condition that causes inflammation of joints and skin and affects … Read the full press release