Category Archives: Business

Business Press Releases & News distributed via EuropaWire

Aviva plc – Sale of stake in Malaysian joint venture

Posted on 23, January 2013 by

23-1-2013 — /europawire.eu/ — Aviva plc (“Aviva”) announces that it has reached agreement to sell its 49% interest in CIMB Aviva Assurance Berhad and CIMB Aviva Takaful Berhad (together “CIMB-Aviva”) to Sun Life Assurance Company of Canada (“SLA”), a subsidiary of … Read the full press release →

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

Speech – The role of pension funds in active ageing and solidarity between generations

Posted on 23, January 2013 by

László ANDOR – European Commissioner responsible for Employment, Social Affairs and Inclusion Conference on “The Role of Pension Funds in Active Ageing and Solidarity between Generations” / Brussels Brussels, 23-1-2013 — /europawire.eu/ — Ladies and gentlemen, I am grateful for the chance … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Investment, Society

EXOR: Nominato il rappresentante comune degli azionisti titolari di azioni privilegiate

Posted on 23, January 2013 by

Torino, 23-1-2013 — /europawire.eu/ — Nominato il rappresentante comune degli azionisti titolari di azioni privilegiate L’Assemblea degli Azionisti titolari di azioni privilegiate EXOR, riunitasi oggi a Torino, ha nominato Oreste Cagnasso rappresentante comune degli azionisti titolari di azioni privilegiate per i prossimi … Read the full press release →

Posted in Business, Financial, Investment, Italy, Management

Italy’s economic policy under the spotlight

Posted on 23, January 2013 by

23-1-2013 — /europawire.eu/ — Italy is changing radically, and offers a good example for others to emulate, its finance minister Vittorio Grilli told the EP Economic and Monetary Affairs Committee on Monday. He pledged to deliver a balanced budget by the … Read the full press release →

Posted in Business, Economy, European Union, Government, Italy, Politics

Eurogroup statement on Greece

Posted on 23, January 2013 by

23-1-2013 — /europawire.eu/ — The Eurogroup notes with satisfaction that the MoU milestones for January, agreed between Greece and the Troika, have been achieved. In particular, an income tax reform has been adopted and end user electricity prices for low-voltage customers … Read the full press release →

Posted in Business, European Union, Financial, Government, Greece, Investment, Law, Politics

PETRONAS und BASF heben Vereinbarung für gemeinsames Projekt in Pengerang/Malaysia auf

Posted on 23, January 2013 by

23-1-2013 — /europawire.eu/ — PETRONAS und BASF haben heute (21. Januar 2013) in gegenseitigem Einvernehmen ihre Vereinbarung für ein Gemeinschaftsunternehmen innerhalb des PETRONAS-Projekts Refinery & Petrochemical Integrated Development (RAPID) in Pengerang/Johor aufgelöst. Die Vereinbarung, die am 5. März 2012 unterzeichnet wurde, … Read the full press release →

Posted in Business, Chemicals, Energy, Gas & Oil, Germany

Aviva and Tesco Bank agree three-year deal on private motor insurance

Posted on 23, January 2013 by

23-1-2013 — /europawire.eu/ — Aviva,  the UK’s largest insurer, has agreed a three-year deal with Tesco Bank, the insurance distribution arm of the global supermarket chain, Tesco, to provide private motor insurance to Tesco customers. The deal will see Aviva … Read the full press release →

Posted in Automotive, Banks, Business, Financial, Insurance, Retail

Financial transaction tax: Council agrees to enhanced cooperation

Posted on 23, January 2013 by

Brussels, 23-1-2013 — /europawire.eu/ — The Council today¹ adopted a decision authorising 11 member states to proceed with the introduction of a financial transaction tax (FTT) through “enhanced cooperation” (16977/12). The 11 countries are Belgium, Germany, Estonia, Greece, Spain, France, Italy, Austria, Portugal, … Read the full press release →

Posted in Banks, Belgium, Business, European Union, Financial, Government, Law

EXOR S.p.A. Calendario eventi societari 2013

Posted on 23, January 2013 by

Torino, 23-1-2013 — /europawire.eu/ — Si comunica il calendario degli eventi societari previsti per il 2013: 16 aprile 2013: Consiglio di Amministrazione di EXOR S.p.A. per l’approvazione del bilancio consolidato e del progetto di bilancio separato al 31 dicembre 2012 10 maggio … Read the full press release →

Posted in Business, Financial, Investment, Italy

DHL wins long-term contract with Panasonic worth over £100m

Posted on 23, January 2013 by

UK warehousing and logistics operation to be transformed to support Panasonic’s business priorities Substantial investment to create a state-of-the-art technology campus Bonn/London, 23-1-2013 — /europawire.eu/ —  DHL Supply Chain has been awarded a long-term contract worth over £100m (EUR120m) with Panasonic, … Read the full press release →

Posted in Business, Electronics & Machinery, Financial, Germany, Transportation & Logistics, United Kingdom

Address at the New Year’s Reception of the Frankfurt Chamber of Commerce and Industry

Posted on 23, January 2013 by

Speech by Mario Draghi, President of the ECB, Frankfurt am Main, 22 January 2013 Frankfurt am Main, 23-1-2013 — /europawire.eu/ — Minister-President Bouffier, Lord Mayor Feldmann, President Müller, Ladies and gentlemen, It is a great pleasure for me to be here with you … Read the full press release →

Posted in Banks, Business, European Union, Financial, Germany, Government

Novartis delivers strong innovation in 2012, offsetting patent expirations; next growth phase expected to begin in 2013

Posted on 23, January 2013 by

Group net sales up 2% in constant currencies[1] (cc) in fourth quarter despite patent expirations; flat (cc) over full year Fourth quarter net sales reached USD 14.8 billion (0%, +2% cc); full year net sales were USD 56.7 billion (-3%, … Read the full press release →

Posted in Business, Financial, Healthcare, Pharma & Biotech, Science, Switzerland

Professional skills card will ease mobility in the EU, say internal market MEPs

Posted on 23, January 2013 by

23-1-2013 — /europawire.eu/ — Professionals will find it easier to work in another EU country thanks to an electronic card detailing their qualifications and experience, said the Internal Market Committee on Wednesday, amending a new draft law on recognition of professional … Read the full press release →

Posted in Business, European Union, Government, Law, Society

Prudential launches life insurance operations in Cambodia

Posted on 23, January 2013 by

Establishes long-term strategic distribution partnership with ACLEDA Bank Plc – the first of its kind in Cambodia Phnom Penh, Cambodia, 23-1-2013 — /europawire.eu/ — Prudential Corporation Asia, part of UK-based Prudential plc, today announces the commencement of its life insurance operations … Read the full press release →

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

Data Protection reform and cross-border Insolvency law prioritised by EU Ministers

Posted on 23, January 2013 by

23-1-2013 — /europawire.eu/ — EU Ministers discussed priorities in the Justice area as the Informal Justice and Home Affairs meeting concluded in Dublin today. Data Protection Reform and the new cross-border Insolvency law were the main items considered during another productive … Read the full press release →

Posted in Business, European Union, Financial, Government, Ireland, Law

Banque PSA Finance annonce le renouvellement de ses lignes de financement…

Posted on 23, January 2013 by

23-1-2013 — /europawire.eu/ — Banque PSA Finance a signé le 11 janvier 2013 un nouveau crédit syndiqué pour un montant de 4,1 milliards d’euros, avec une maturité de cinq ans. Cette facilité a été sursouscrite, notamment grâce à la participation de … Read the full press release →

Posted in Automotive, Banks, Business, Financial, France, Investment

Deutschen Telekom: Keine Zeit für spannende Sachbücher? Blinkist vereinfacht das Lesen per App!

Posted on 22, January 2013 by

Blinkist bietet speziell für mobiles Lesen aufbereitete Inhalte Erstes Startup von hub:raum jetzt mit iPhone-App live Startangebot umfasst die Kernaussagen von 50 Bestsellern im “blinks”-Format 22-1-2013 — /europawire.eu/ — Blinkist, das erste Startup von hub:raum, dem Inkubator der Deutschen Telekom, ist … Read the full press release →

Posted in Business, Germany, Internet & Online, Small Business, Technology, Telecom

BASF erhöht Angebot für Pronova BioPharma

Posted on 22, January 2013 by

Angebotspreis auf 13,50 NOK je Aktie erhöht Bedingung ist Mindest-Andienung von 90 % Angebotsfrist endet am 18. Januar 2013, 16:30 Uhr MEZ 22-1-2013 — /europawire.eu/ — BASF [Frankfurt: BAS, LSE: BFA, SWX: AN] bekräftigt ihr Angebot für den Kauf aller emittierten und … Read the full press release →

Posted in Business, Financial, Germany, Healthcare, Investment, Norway, Pharma & Biotech, Science

Aviva appoints Sir Adrian Montague as non-executive director

Posted on 21, January 2013 by

21-1-2013 — /europawire.eu/ — Aviva plc (“Aviva” or “the Company”) announces that Sir Adrian Montague has today been appointed as a non-executive director of the Company. Sir Adrian is currently chairman of 3i Group plc and Anglian Water Group Limited, deputy … Read the full press release →

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

UK: Nearly half of new start-ups looking to expand in 2013

Posted on 21, January 2013 by

Jubilympics year spurs optimistic outlook for SMEs 21-1-2013 — /europawire.eu/ — Tenacious entrepreneurs are confident about trading conditions as they look to scale up in 2013. Nearly half (48%) of the business owners who set up shop in the last two … Read the full press release →

Posted in Business, Economy, Financial, Insurance, Investment, Small Business, United Kingdom