Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Barclaycard said discounted ‘Black Friday/Mega Monday’ weekend in late November/early December saw spending up 10.4 per cent against 2012

Posted on 6, January 2014 by

• Online spending up 9.8 per cent on 2012, with in-store spending growing at a more modest 1.2 per cent • Big boost for Christmas Day and Boxing Day spending with 13.6 per cent rise • Average transaction values continue … Read the full press release →

Posted in Banks, Business, Financial, Internet & Online, Retail, United Kingdom

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RBS CIB to fund with £43m James Caird Asset Management (JCAM)’s purchase of new business parks in Birmingham and Leeds

Posted on 6, January 2014 by

Edinburgh, Scotland, 6-1-2014 — /EuropaWire/ — Private Investment vehicle, James Caird Asset Management (JCAM), has purchased new business parks in Birmingham and Leeds having agreed a £43m funding facility from Royal Bank of Scotland Corporate & Institutional Banking (RBS CIB).  Canmoor, the … Read the full press release →

Posted in Banks, Business, Financial, Investment, Real Estate, United Kingdom

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Prudential plc confirmed The Prudential Assurance Company Limited (PAC) completed domestication of its Hong Kong branch

Posted on 6, January 2014 by

London, UK, 6-1-2014 — /EuropaWire/ — Prudential plc today confirms that The Prudential Assurance Company Limited (PAC) has completed the process of domesticating its Hong Kong branch.  The Hong Kong branch of PAC was transferred on 1 January 2014 to two new … Read the full press release →

Posted in Business, Financial, Insurance, Management, United Kingdom

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Deutsche Telekom AG announced changes in its Board of Management

Posted on 6, January 2014 by

Timotheus Höttges succeeds René Obermann as Chief Executive Officer Thomas Dannenfeldt to take over as CFO Bonn, Germany, 6-1-2014 — /EuropaWire/ — René Obermann, Chairman of the Board of Management of Deutsche Telekom AG, will leave the company on December 31, 2013 … Read the full press release →

Posted in Business, Germany, Management, Technology, Telecom

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Lloyds Bank research names Egerton Crescent and The Bishops Avenue in London the most expensive streets in England and Wales

Posted on 2, January 2014 by

The most expensive residential streets in England and Wales remain in the Royal Borough of Kensington and Chelsea, according to latest research from Lloyds Bank.  London, UK, 02-1-2014 — /EuropaWire/ — Located in South Kensington, surrounded by fashionable boutiques and with the Victoria … Read the full press release →

Posted in Banks, Business, Financial, Investment, Real Estate, United Kingdom

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La nuova app di ENEL ENERGIA disponibile su App Store e Play Store

Posted on 2, January 2014 by

Disponibile su App Store e Play Store la nuova applicazione che oltre all’autolettura, permette di pagare le bollette, di tenere sotto controllo la fornitura di luce e gas e di gestire tutti i vantaggi connessi al programma Enelpremia2 e alla … Read the full press release →

Posted in Business, Energy, Gas & Oil, Internet & Online, Italy, Technology, Telecom

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Deutsche Bank moves staff members from its “Große Gallusstraße” building and “Asset Management Center” to new Frankfurt city location

Posted on 2, January 2014 by

Frankfurt am Main, Germany, 02-1-2014 — /EuropaWire/ — At a new Frankfurt city location, Deutsche Bank will be bringing together the staff members from its office tower at “Große Gallusstraße 10-14”, which the bank has been using in its city center area … Read the full press release →

Posted in Banks, Business, Financial, Germany, Investment, Management, Real Estate

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Shell acquired additional 23% interest in Parque das Conchas project offshore Brazil for US $1 billion

Posted on 2, January 2014 by

Shell today announces it has completed the acquisition of an additional 23% interest in the Parque das Conchas (BC-10) project offshore Brazil for US $1 billion. The Hague, Netherlands,  02-1-2014 — /EuropaWire/ — Regulatory approvals have been obtained and Shell will now … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, Netherlands, United Kingdom

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Maintpartner to sell its engineering workshop business in Kouvola, Finland to Dust Control Systems Oy

Posted on 27, December 2013 by

Espoo, Finland, 27-12-2013 — /EuropaWire/ — Maintpartner Finland sells its engineering workshop business in Kouvola, Finland to Dust Control Systems Oy, based in Loviisa, Finland. The deal includes the workshop machinery and related inventory. Nine employees transfer to the new owner … Read the full press release →

Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management

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Dmitry Osipov appointed new CEO of Uralkali

Posted on 27, December 2013 by

Berezniki, Russia, 27-12-2013 — /EuropaWire/ — At the meeting held on 23 December 2013, the Board of Directors of Uralkali (LSE: URKA; the Company) took the decision to appoint Dmitry Osipov as the new General Director (CEO) of the Company, effective … Read the full press release →

Posted in Business, Commodities, Industrial, Management, Metals and Minerals, Russia

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Carrefour to acquire supermarket chain in Olsztyn, Poland

Posted on 27, December 2013 by

Warsaw, Poland, 27-12-2013 — /EuropaWire/ — Carrefour announces the acquisition of the RAST supermarket chain, which operates 10 stores in Olsztyn. At heart of the daily life of Polish consumers, RAST supermarkets propose a broad range of fresh produce, notably meat, cold cuts, … Read the full press release →

Posted in Business, Financial, France, Investment, Poland, Retail

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Total announced Qatar Petroleum International (QPI) now owns 15% of Total E&P Congo’s capital

Posted on 27, December 2013 by

Paris, France, 27-12-2013 — /EuropaWire/ — Further to the signing of a framework agreement in early May, Total is pleased to announce that QPI is now a shareholder of Total E&P Congo, holding 15% of its capital. “The conclusion of this … Read the full press release →

Posted in Business, Energy, Gas & Oil, France, Investment

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ING completed the divestment of ING Life Korea to MBK Partners

Posted on 27, December 2013 by

Amsterdam, Netherlands, 27-12-2013 — /EuropaWire/ — ING announced today that it has completed the divestment of ING Life Korea to MBK Partners, a Korean private equity firm, for a total purchase price of approximately EUR 1.27 billion. In line with the … Read the full press release →

Posted in Business, Financial, Insurance, Investment, Netherlands

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Airbus to supply 50 additional A380s to Emirates Airline

Posted on 26, December 2013 by

Blagnac, France, 26-12-2013 — /EuropaWire/ — Emirates Airline and Airbus have completed discussions and signed the firm contract for 50 additional A380s originally announced at the Dubai Airshow on 17th November 2013. The contract documents were finalised by Tim Clark, Emirates Airline … Read the full press release →

Posted in Aviation & Aerospace, Business, France, Transportation & Logistics, Travel

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Rosneft to purchase the Global Oil Merchanting unit of Morgan Stanley Commodities division

Posted on 26, December 2013 by

Moscow, Russia, 26-12-2013 — /EuropaWire/ — On December 20, 2013 a Russian 100% subsidiary of Rosneft Oil Company and Morgan Stanley signed a binding agreement to purchase the Global Oil Merchanting unit of Morgan Stanley Commodities division. Financial terms of the … Read the full press release →

Posted in Business, Commodities, Energy, Gas & Oil, Financial, Investment, Russia

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Rosneft’s 40% stake in Artic Russia B.V. to be swapped for 51% shares in Sibneftegas held by NOVATEK

Posted on 26, December 2013 by

Moscow, Russia, 26-12-2013 — /EuropaWire/ — Rosneft announces that it signed an agreement with NOVATEK to swap assets. 40% of shares in Artic Russia B.V. held by Rosneft will be swapped for 51% shares in Sibneftegas held by NOVATEK. The transaction … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, Russia

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Rosneft repaid part of ТNК-ВР Acquisition loan

Posted on 26, December 2013 by

Moscow, Russia, 26-12-2013 — /EuropaWire/ — Rosneft announces it repaid part of a loan obtained earlier from a group of international banks to finance the acquisition of TNK-BP. With the early repayment announced earlier, the overall amount paid towards the settlement … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, Russia

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Bosch formed Bosch Connected Devices and Solutions GmbH to make devices and objects intelligent and web-enabled across broad range of applications

Posted on 26, December 2013 by

Bosch CEO Denner: “By 2015 more than six billion things will be connected to the internet.” Networked devices with embedded software from a single source Bosch building on many years of expertise in electronics and sensor technology Stuttgart, Germany, 26-12-2013 — … Read the full press release →

Posted in Business, Electronics & Machinery, Germany, Internet & Online, Technology

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Barclays predicts UK consumer spending on debit cards during December this year will be £47 billion

Posted on 26, December 2013 by

A record £31.9 billion to be spent on debit cards and a further £14.9 billion of cash withdrawn from ATMs The busiest day for ATM withdrawals is predicted to be Friday 20th December, with over £1 billion being dispensed that … Read the full press release →

Posted in Banks, Business, Financial, Retail, United Kingdom

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RWE Gas International B.V. sold its 49.83% stake in FOGÁZ Group to MVM Hungarian Electricity Private Limited Company for HUF 41 bn

Posted on 23, December 2013 by

Essen, Germany, 23-12-2013 — /EuropaWire/ — MVM Hungarian Electricity Private Limited Company and RWE Gas International B.V. signed an agreement today governing the acquisition of RWE’s 49.83% stake in FOGÁZ for a purchase price of HUF 41 bn. Closing of the … Read the full press release →

Posted in Business, Energy, Gas & Oil, Germany, Hungary, Investment

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