Category Archives: Business

Business Press Releases & News distributed via EuropaWire

The Co-operative Group announces the sale of its Farms business to the Wellcome Trust for £249 million

MANCHESTER, 7-8-2014 — /EuropaWire/ — The Co-operative Group (“The Co-operative”) today announces the sale of its Farms business to the Wellcome Trust* (“the Trust”). The sale reflects The Co-operative’s decision to focus on its core Retail and Consumer Services divisions, including Food, Funeralcare, General … Read the full press release

The Co-operative Group voted the UK’s most ethical company over the past 25 years according to Ethical Consumer magazine survey

MANCHESTER, 7-8-2014 — /EuropaWire/ — The Co-operative Group has been the UK’s most ethical company over the past 25 years, according to a survey by Ethical Consumer magazine. The Co-op topped the poll in a readers’ survey to mark the 25th … Read the full press release

Eurex Group introduced connectivity of Trade Capture Platforms via the enhanced Multilateral Trade Registration Service

Frankfurt am Main, Germany, 7-8-2014 — /EuropaWire/ — Eurex Group introduced connectivity of Trade Capture Platforms (TCPs) via the enhanced Multilateral Trade Registration (MTR) Service as of yesterday. The first TCPs are BrokerHub and Vectalis; ITG RFQ-hub intends to connect on 11 August. … Read the full press release

Eurex Clearing AG names Matthias Graulich as member of the Executive Board of the company

Frankfurt am Main, Germany, 7-8-2014 — /EuropaWire/ — The Supervisory Board of Eurex Clearing AG appointed Matthias Graulich (40) as member of the Executive Board of the company, effective 1 August 2014. As board member, he continues to be Chief Client Officer, managing … Read the full press release

Deutsche Börse Market Data + Services and the Philippine Stock Exchange, Inc. to establish market data cooperation between the two exchanges

Frankfurt am Main, Germany, 7-8-2014 — /EuropaWire/ — Deutsche Börse Market Data + Services and the Philippine Stock Exchange, Inc. (PSE) have signed a memorandum of understanding (MoU) to establish a market data cooperation between the two exchanges. Some key areas on which … Read the full press release

Interxion Holding NV announces its results for the three months ended 30 June 2014

Revenue growth increases; bookings momentum continues AMSTERDAM, 7-8-2014 — /EuropaWire/ — Interxion Holding NV (NYSE: INXN), a leading European provider of cloud and carrier-neutral colocation data centre services, today announced its results for the three months ended 30 June 2014. Financial Highlights Revenue … Read the full press release

Interxion to purchase the SFR Netcenter data centre facilities in Marseille, France

AMSTERDAM, 7-8-2014 — /EuropaWire/ — INTERXION HOLDING NV (NYSE: INXN), a leading European provider of cloud and carrier-neutral colocation data centre services, today announced that it has signed an agreement to purchase the SFR Netcenter data centre facilities in Marseille, France. When … Read the full press release

The Federation of European Securities Exchanges names Rainer Riess as Interim Director General as of 1st of August 2014

Brussels, 7-8-2014 — /EuropaWire/ — The Federation of European Securities Exchanges (FESE) today announced that Rainer Riess has been appointed as Interim Director General as of 1st of August 2014. Rainer Riess has been a senior executive in the exchange industry … Read the full press release

GRAHAM Construction awarded with the Investors in People (IIP) Gold standard

GRAHAM Construction has been awarded the Investors in People (IIP) Gold standard following a reaccreditation process.  Derby, United Kingdom, 7-8-2014 — /EuropaWire/ — Only 1% of recognised IIP organisations are successful in attaining this level of excellence. It is therefore a significant … Read the full press release

Rosneft completes the acquisition of land drilling and workover assets of Weatherford in Russia and Venezuela

Moscow, Russia, 5-8-2014 — /EuropaWire/ — Rosneft announces the close of the deal for the acquisition of land drilling and workover assets of Weatherford in Russia and Venezuela. The closure marks the realization of the agreement signed in July 2014 by Rosneft … Read the full press release

Rolls-Royce welcomes International Airlines Group decision to convert eight Airbus A350-900 options into firm orders, powered by Trent XWB engines

London, UK, 5-8-2014 — /EuropaWire/ — Rolls-Royce has welcomed a decision by International Airlines Group (IAG) to convert eight Airbus A350-900 options into firm orders, powered by Trent XWB engines. The engines will have long-term TotalCare® service support. The A350-900 aircraft will go … Read the full press release

RBS remembers the First World War with the launch of new website exploring how the war affected our banks, staff and customers

On the 100th anniversary of the beginning of the First World War, RBS is launching a new website exploring how the war affected our banks, staff and customers. Edinburgh, Scotland, 5-8-2014 — /EuropaWire/ — The RBS Remembers 1914-1918 website is an online resource for … Read the full press release

Deutsche Post DHL boosted revenues and generated strong increase in profitability in the second quarter of 2014

EBIT up strongly to EUR 654 million in the second quarter Full-year guidance for 2014 confirmed; EBIT outlook for 2015 modified Specific earnings targets for 2016 introduced for the first time: EBIT expected to reach EUR 3.4 billion to EUR … Read the full press release

Vodafone and the Belgacom Group renewed their Partner Market agreement in Belgium and Luxembourg for further three years

Berkshire, UK, 5-8-2014 — /EuropaWire/ — Vodafone and the Belgacom Group have renewed their Partner Market agreement in Belgium and Luxembourg for a further three years.* The renewed non-equity Partner Market agreement builds on the strong co-operation that has existed between Vodafone … Read the full press release

Prudential analysis: Since 2011 workers over the age of 60 have seen their earnings rise faster than any other age group

• Average annual earnings for over-60s increased by nearly £1,000 between 2011 and 2013 • Number of over-60s in work has risen by more than 100,000 in two years • Increase in over-60s managers helps drive up average earnings LONDON, … Read the full press release

Enel Green Power, the National Renewable Energy Laboratory and Idaho National Laboratory to explore the potential of EGP’s innovative Stillwater hybrid power plant

The renewable specialist starts its collaboration with two US National Laboratories NREL and INL to use empirical data from the Stillwater Geothermal/Solar Project The parties will jointly explore and quantify the benefits of integrating renewable energy technologies at the same … Read the full press release

The Volkswagen Group reports H1 2014 sales revenue only slightly up on the prior-year period at EUR 98.8 billion

First-half sales revenue only slightly up on the prior-year period at EUR 98.8 billion due to currency-related factors Operating profit rises by 0.4 billion to EUR 6.2 billion Profit before tax grows by 17.5 percent to EUR 7.8 billion Net … Read the full press release

Audi reports its U.S. July 2014 sales increased 11.9% to 14,616 vehicles

Sales for the most recent month rose 11.9% to 14,616 vehicles Demand for the all-new Audi A3 Sedan remained strong deep into its launch year Due to lean inventories, Audi pulled its 2015 model launch ahead Herndon, Va, 4-8-2014 — … Read the full press release

ŠKODA reports increased deliveries, sales revenue and operating profit in the first half of 2014

Record half year: 522,500 deliveries; up 12.5% Sales up 20.3% to six billion euros by the end of June Operating profit increases 74.9% to 425 million euros The most comprehensive model campaign in ŠKODA’s history continues Mladá Boleslav, 4-8-2014 — /EuropaWire/ … Read the full press release

ŠKODA AUTO names Stefan Büscher as the new head of Marketing

Mladá Boleslav, 4-8-2014 — /EuropaWire/ — Stefan Büscher (46) is to take over as the new head of Marketing at ŠKODA AUTO on 1 October, 2014. He succeeds Thomas Owsianski (47), who is Executive Director for ŠKODA’s Marketing and Sales at … Read the full press release