Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Credit Suisse: Commodities increased in February as supply and demand fundamentals supported returns

New York, 12-3-2014 — /EuropaWire/ — Nelson Louie, Global Head of Commodities in Credit Suisse’s Asset Management business, said, “As of the end of the month, the path for Ukraine was unclear. Russia’s show of force across the Crimean Peninsula stoked supply-risk … Read the full press release

Credit Suisse releases sixth annual Hedge Fund Investor Survey “Onwards and Upwards”

LONDON, 12-3-2014 — /EuropaWire/ — Credit Suisse today releases its sixth annual Hedge Fund Investor Survey, entitled “Onwards and Upwards”, in which over 500 respondents participated, representing $1.16 trillion of hedge fund investments, were analysed on a number of topics including: • … Read the full press release

Transocean President and CEO Steven L. Newman to present at The Howard Weil 2014 Energy Conference

ZUG, SWITZERLAND, 12-3-2014 — /EuropaWire/ — Transocean Ltd. (NYSE: RIG) (SIX: RIGN) today announced that Steven L. Newman, President and Chief Executive Officer of the company, will address attendees at the Howard Weil 2014 Energy Conference in New Orleans, Louisiana. Mr. … Read the full press release

The Co-operative to host property networking event in Birmingham on 25 March

Manchester, 12-3-2014 — /EuropaWire/ — The Co-operative Food is staging a networking event in Birmingham on Tuesday 25 March, to target new stores across the Midlands as part of its ongoing acquisitions programme. Property agents, developers and landlords are invited to meet … Read the full press release

Kris Nayak appointed Head of Business Acquisitions and Strategy: Food at The Co-operative Food

Manchester, 12-3-2014 — /EuropaWire/ — The Co-operative Food has appointed Kris Nayak as Head of Business Acquisitions and Strategy: Food. Kris, a keen runner who lives in Chorlton, Manchester, with his wife and three children, has spent 20 years working in M&A, … Read the full press release

The Co-operative Group announced resignation of Euan Sutherland, appointed Richard Pennycook Interim Group Chief Executive

Manchester, 12-3-2014 — /EuropaWire/ — The Co-operative Group announces that Euan Sutherland has resigned as Group Chief Executive with immediate effect. Richard Pennycook, Chief Financial Officer, has been appointed as Interim Group Chief Executive. Euan Sutherland said: “It is with great sadness … Read the full press release

Deutsche Börse welcomes the first iShares ETF with an international security structure to the XTF segment

Frankfurt, 12-3-2014 — /EuropaWire/ — The iShares EURO STOXX 50 ex-Financials UCITS ETF, which is issued by iShares, has been tradable in Deutsche Börse’s XTF segment since Tuesday. The new ETF is the first ETF to be issued with an international … Read the full press release

CACEIS awarded the administration of the first two ABN AMRO Basic UCITS ETFs

PARIS, 12-3-2014 — /EuropaWire/ — ABN AMRO Investment Management B.V. has launched the first two ABN AMRO Basic UCITS ETFs which have been listed on Euronext Amsterdam since 6thFebruary. Following a long RFP process, ABN AMRO awarded the fund administration mandate … Read the full press release

French Banking Federation Chairman Jean-Laurent Bonnafé pleased with the realisation of the Euro Private Placements Charter

Paris, France, 12-3-2014 — /EuropaWire/ — Jean-Laurent Bonnafé, Chairman of the Fédération Bancaire Française (FBF, the French Banking Federation) is pleased with the realisation of the Charter pertaining to Euro Private Placements (Euro PP)* which will facilitate the development of a specific … Read the full press release

Clearstream, BNP Paribas Securities Services, Intesa Sanpaolo and BBVA to develop asset servicing model for market environment with TARGET2-Securities (T2S)

France, Belgium, the Netherlands, Italy and Spain to be covered via this new approach to asset servicing/Citi and Erste Group Bank to also join T2S asset serving model to include Greece and Austria/Clearstream progresses towards T2S readiness Luxembourg, 12-3-2014 — /EuropaWire/ … Read the full press release

NatWest’s Enterprise Finance Guarantee helped Jones FM LLP double in size and move to new headquarters

A building services and facilities management firm has almost doubled in size and moved to new headquarters using funding from NatWest and backed by a government guarantee. Dartford, UK, 11-3-2014 — /EuropaWire/ — Jones FM LLP formed in 2010 following the amalgamation … Read the full press release

Rolls-Royce welcomes Daimler’s decision to exercise the put option relating to its 50% shareholding in Rolls-Royce Power Systems

London, UK, 11-3-2014 — /EuropaWire/ — Rolls-Royce welcomes the decision by the Board of Management of Daimler AG to exercise the put option relating to its 50% shareholding in Rolls-Royce Power Systems (RRPS). Rolls-Royce will acquire the shares from Daimler, which has been a 50-50 joint venture … Read the full press release

BP acquires all interests in PT Amoco Mitsui PTA Indonesia

LONDON, 11-3-2014 — /EuropaWire/ — On 28 February, BP completed the purchase of all interests previously held by Japan’s Mitsui Chemicals, Inc. (MCI) and Mitsui & Co. Ltd. (MBK) in PT Amoco Mitsui PTA Indonesia (AMI). For over fifteen years, AMI was … Read the full press release

Airbus Defence and Space to supply six A330 MRTT new generation air-to-air refuelling aircraft for Singapore Air Force

Singapore places firm order for six aircraft MADRID, 11-3-2014 — /EuropaWire/ — Airbus Defence and Space has been selected by Singapore to supply six A330 MRTT new generation air-to-air refuelling aircraft for the Republic of Singapore Air Force (RSAF). The aircraft … Read the full press release

Barclaycard: Consumer spending in February was flat, rising just 2 per cent

LONDON, UK, 11-3-2014 — /EuropaWire/ — Consumer spending in February was flat, rising just 2 per cent, with positive economic sentiment failing to translate into higher pay packets, according to new data from Barclaycard, which processes nearly half of all the UK’s … Read the full press release

Barclays to participate in the Payments Council’s mobile payment service scheme Paym

LONDON, UK, 11-3-2014 — /EuropaWire/ — Barclays confirms it will participate in the Payments Council’s mobile payment service scheme Paym, following an announcement today. The initiative will allow customers to send and receive payments using just a mobile number to users across a … Read the full press release

Société Générale favorise l’accès au crédit pour les créateurs et repreneurs d’entreprises avec son partenaire la SIAGI

PARIS, 10-3-2014 — /EuropaWire/ — Dans un environnement économique difficile, l’accès au crédit pour les créateurs d’entreprises est un enjeu de taille. Société Générale et les financements des créateurs et repreneurs d’entreprise : Un acteur majeur du financement du tissu économique : … Read the full press release

Deutsche Telekom and CipherCloud to present enterprise cloud computing security at CeBIT 2014

Secure cloud usage through real-time data encryption Co-operation with start-ups for faster market launches of security innovations CipherCloud Gateway at the Telekom stand Hannover, Germany, 10-3-2014 — /EuropaWire/ — Deutsche Telekom and CipherCloud are making enterprise cloud computing more secure. The start-up … Read the full press release

Deutsche Telekom aims rapid growth in business customer segment and launches SME campaign at CeBIT 2014

Target by 2018: increasing revenues by 600 million euros in the SME segment Standardization now makes corporate customer solutions affordable for SMEs Telekom is teaming up with regional systems providers – 30 new cooperations planned by the end of 2014 … Read the full press release

Deutsche Telekom to launch new SME campaign at CeBIT

New program to strengthen SMEs in Germany Integrated product and solution offering with IT and cloud focus New SME Partner Program with 30 partners by the end of 2014 Hannover, Germany, 10-3-2014 — /EuropaWire/ — Deutsche Telekom is launching its new SME … Read the full press release