Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Siemens AG Annual Shareholders’ Meeting elects new Supervisory Board

Gerhard Cromme reelected Supervisory Board Chairman Ten new shareholder representatives elected to Supervisory Board Munich, Germany, 29-1-2013 — /europawire.eu/ — At the Annual Shareholders’ Meeting of Siemens AG on Wednesday, ten shareholder representatives were elected to the company’s Supervisory Board. Their … Read the full press release

Establishing the Single Supervisory Mechanism

Speech by Vítor Constâncio, Vice-President of the ECB, at the BAFT-IFSA 2013 Europe Bank-to-Bank Forum 29 January 2013 29-1-2013 — /europawire.eu/ — Ladies and gentlemen, It is a great pleasure to be here today at this event organised by the BAFT-IFSA (Bankers’ Association for … Read the full press release

Siemens shareholders ratify acts of Managing and Supervisory Boards

Acts of Managing and Supervisory Boards ratified by large majority Dividend proposal of €3.00 per share endorsed Osram spinoff approved Munich, Germany, 29-1-2013 — /europawire.eu/ — Voting at the company’s Annual Shareholders’ Meeting, the shareholders of Siemens AG have ratified the acts … Read the full press release

What EU data protection can do for growth

Writes Commissioner Viviane Reding and Alan Shatter, TD, Minister for Justice, Equality and Defence 29-1-2013 — /europawire.eu/ — One year ago, ahead of the European Data Protection Day 2012, the European Commission proposed a root and branch reform of the EU’s … Read the full press release

EU-India relations

Brussels, 29-1-2013 — /europawire.eu/ — EU-India relations: EU-India diplomatic relations were established in the early 1960s, and expanded from an essentially trade and development relationship to an all-encompassing cooperation as enshrined in the 1994 Cooperation Agreement. The latter opened the door to regular … Read the full press release

EURid: Limited support on 31 January and 1 February

Brussels, 29-1-2013 — /europawire.eu/ — The EURid annual company retreat will take place on 31 January (afternoon) and 1 February (whole day). Therefore, during this time, we will offer limited support. Should you require to contact us for any urgent matter, … Read the full press release

Be Confident but not Complacent, Business Leaders Warn as The 43rd World Economic Forum Annual Meeting Closes

Business and civil society leaders cautioned against complacency, even as the global economic recovery appears to be gaining momentum The 43rd World Economic Forum Annual Meeting ended, after five days of discussions and debates on a range of pressing issues … Read the full press release

Commission’s mission to Hungary encourages continued progress in fiscal consolidation while paying more attention to raising growth potential

Brussels, 29-1-2013 — /europawire.eu/ — European Commission officials, in close cooperation with International Monetary Fund staff and observers from the European Central Bank (ECB), conducted a mission to Hungary from 16 and 28 January. Its purpose was to review recent developments and … Read the full press release

EDHEC-Risk Institute Puts Forward a Series of Proposals to Limit Non-Financial Risks in the European Fund Management Industry

Paris, 29-1-2013 — /europawire.eu/ — In a summary document that concludes three years of research on better management of non-financial risks within the European fund management industry – conducted with the support of CACEIS – EDHEC-Risk Institute is putting forward a series … Read the full press release

Business Leaders Call to Include Social Goals in Corporate Decisions

Businesses’ increased power means increased responsibility to solve global problems Companies that focus only on short-term profit will not survive Governments should create incentives for businesses to shift focus The theme of the 43rd World Economic Forum Annual Meeting is Resilient Dynamism. For more … Read the full press release

ArcelorMittal to record non-cash impairment charge in Q4 2012

Luxembourg, 29-1-2013 — /europawire.eu/ — ArcelorMittal today announced it expects to write down the goodwill in its European businesses by approximately US$4.3bn. This follows the completion of its yearly goodwill impairment test, as required by IFRS accounting standards. The write down … Read the full press release

Aviva appoints Bob Stein as a non-executive director

29-1-2013 — /europawire.eu/ — Aviva plc (“Aviva” or “the Company”) announces that Bob Stein has today been appointed as a non-executive director of the Company. Bob is currently a non-executive director and vice-chair of the audit committee of Assurant, Inc (US … Read the full press release

Huge response to Tesco Gateshead recruitment call

29-1-2013 — /europawire.eu/ — More than 2,000 people called a recruitment hotline in its first two days, keen to stake their claim for a job in the new Gateshead Tesco Extra store. Call takers took the details of every person who … Read the full press release

Siemens AG: 8,100 shareholders attended Annual Shareholders’ Meeting

34,67 percent of voting capital represented Mars rover Curiosity major attraction Event completely powered by green electricity Munich, Germany, 29-1-2013 — /europawire.eu/ — The Annual Shareholders’ Meeting of Siemens AG was well attended again this year. Despite wintry conditions, roughly 8,100 … Read the full press release

The Global Economy in 2013: “Fragile and Timid Recovery”

The International Monetary Fund forecasts 3.5% GDP growth for the global economy in 2013 The economic climate is much better this year than last year, but the recovery is “fragile and timid” A new economic policy in Japan and strength … Read the full press release

Valuation of SAS Rue la Boétie shares in the consolidated financial statements of the Crédit Agricole Regional Banks

Montrouge, 29-1-2013 — /europawire.eu/ — Crédit Agricole S.A. announces that the Crédit Agricole Regional Banks have just changed the method they use to value their shares in SAS Rue La Boétie (SAS RLB) – the majority shareholder in Crédit Agricole S.A. – … Read the full press release

GDF SUEZ confirme le non renouvellement du pacte d’actionnaires de SUEZ Environnement – GDF SUEZ et SUEZ Environnement signent un accord cadre de coopération industrielle et commerciale

29-1-2013 — /europawire.eu/ — Aujourd’hui, à l’occasion du Conseil d’Administration de GDF SUEZ, Gérard Mestrallet, Président directeur général du Groupe, a annoncé, dans le prolongement de la communication faite le 5 décembre 2012, que compte tenu des différentes notifications de dénonciation … Read the full press release

Sean Gallagher is named ‘BAE Systems Apprentice of the Year’

29-1-2013 — /europawire.eu/ — Sean Gallagher, an apprentice from our air and information business at Warton, Lancashire has been named ‘BAE Systems Apprentice of the Year’ at our Company UK Apprenticeship Awards. The Awards which were held in Manchester, UK, recognise … Read the full press release

ArcelorMittal extends conversion date for $1bn mandatory convertible bond

Luxembourg, 29-1-2013 — /europawire.eu/ — ArcelorMittal announces the extension of the conversion date for the $1bn privately placed mandatory convertible bond (MCB) issued on 28 December 2009 by one of its wholly-owned Luxembourg subsidiaries. This amendment to the MCB, which is … Read the full press release

Aviva appoints Khor Hock Seng as CEO Aviva Asia

29-1-2013 — /europawire.eu/ — Aviva plc (“Aviva”) announces the appointment of Khor Hock Seng as CEO of Aviva Asia. Mr Khor, who will be based in Singapore, will take up his new role on 8 March and will join the Group Executive, … Read the full press release