Category Archives: Business

Business Press Releases & News distributed via EuropaWire

EU welcomes bilateral deal on Bosnia and Herzegovina’s WTO accession

Brussels, 21-12-2012 — /europawire.eu/ — EU Trade Commissioner Karel De Gucht and the Minister of Foreign Trade and Economic Relations of Bosnia and Herzegovina, Mirko Šarovic, today signed a deal on Bosnia and Herzegovina’s accession to the World Trade Organisation (WTO). This … Read the full press release

Broadband for rural areas: financed by the EIB and WIBank

21-12-2012 — /europawire.eu/ — The European Investment Bank (EIB) is providing a EUR 80m loan to Wirtschafts- und Infrastrukturbank Hessen (WIBank) for the roll-out of broadband services. The promotional bank of the Federal State of Hessen will on-lend the funds to … Read the full press release

Mergers: Commission clears acquisition of US titanium producer Timet by US component manufacturer PCC

Brussels, 21-12-2012 — /europawire.eu/ — The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the US titanium producer Timet by the US component manufacturer Precision Castparts Corporation (PCC). Timet produces titanium parts that PCC uses for manufacturing … Read the full press release

Deloitte comment on Local Government Finance Settlement for 2013/14

21-12-2012 — /europawire.eu/ — Commenting on the Local Government Finance Settlement for 2013/14, Phil Holt, local government advisory partner at Deloitte, the professional services firm, said: “The latest Local Government Finance Settlement will add to the great pressures already facing local … Read the full press release

Climate action: Commission awards EUR 1.2 billion to kick-start 23 innovative renewable energy projects

Brussels, 20-12-2012 — /europawire.eu/ — The European Commission today awarded over €1.2 billion funding to 23 highly innovative renewable energy demonstration projects under the first call for proposals for the so-called NER300 funding programme. Projects will be co-financed with revenues obtained from … Read the full press release

FREE FAST WIFI COMING TO 30 EAST MIDLANDS TRAINS STATIONS

Free, fast WiFi with The Cloud arrives at 30 train stations for improved customer experience  20-12-2012 — /europawire.eu/ — East Midlands Trains, part of the Stagecoach Group, has today (20 December 2012) announced it will be offering free WiFi for rail … Read the full press release

EIB bolsters entrepreneurship in Turkey with EUR 100 million in tandem with ING

20-12-2012 — /europawire.eu/ — The European Investment Bank (EIB) entered today in a EUR 100 million agreement with the ING Bank Turkey A.S. in favour of small and medium sized enterprises (SMEs) and mid-sized companies (mid-caps) in Turkey. This is the … Read the full press release

EDPS: Status of DPOs is key to safeguarding data protection rights

Brussels, 20-12-2012 — /europawire.eu/ — Yesterday, the European Data Protection Supervisor (EDPS) published his Report on the Status of Data Protection Officers (DPOs) as part of his ongoing task to monitor the compliance of EU institutions and bodies with Article 24 of the European Data … Read the full press release

Swiss National Bank opens branch in Singapore

Zurich, 20-12-2012 — /europawire.eu/ — Against the background of the sharp expansion in foreign exchange reserves and the growing importance of Asian financial markets, the Swiss National Bank (SNB) has decided to open a branch in Singapore, to ensure a more efficient … Read the full press release

Copyright: Commission urges industry to deliver innovative solutions for greater access to online content

Brussels, 20-12-2012 — /europawire.eu/ — The European Commission has today adopted a Communication which sets out parallel tracks of action to be undertaken during this Commission’s term of office to ensure that the EU’s copyright framework stays fit for purpose in the … Read the full press release

Great Britain’s golden year of sport reflected in record attendances and viewing figures

Attendances at professional sports events in the UK reached 75m in 2012; Spectacular Olympic and Paralympic viewing figures underpin sporting dominance of 2012 television ratings. 20-12-2012 — /europawire.eu/ — The UK’s amazing year of sport was reflected in attendances of over … Read the full press release

Britons have a ‘hospital only’ mentality

Two-thirds of citizens do not trust their local doctor, while 11 per cent said they had called an ambulance to go to hospital when a visit to the doctor would have sufficed 20-12-2012 — /europawire.eu/ — Nearly two-thirds of Britons no … Read the full press release

EIB supports upgrade of Warsaw Metro with EUR 139 million

20-12-2012 — /europawire.eu/ — The European Investment Bank (EIB) is lending PLN 555 million (some EUR 139 million) to finance the purchase of new rolling stock for Warsaw’s metro. The EIB loan will support the purchase of 35 metro trains and foster … Read the full press release

Deloitte comments on release of FATCA guidance notes

20-12-2012 — /europawire.eu/ — HMRC has issued draft guidance notes on the UK FATCA Intergovernmental Agreement together with its response to the FATCA Consultation Document. Chris Tragheim, tax partner at Deloitte, said: “Financial services companies have been awaiting this draft guidance so that they can … Read the full press release

Fast-track approval for Trans-European energy network projects

Corridors for Trans-European energy network projects and the criteria that they must meet to qualify for fast-track approval are set out in a draft regulation endorsed by the Energy Committee on Tuesday. The corridors and criteria deal was struck informally … Read the full press release

EIB approves EUR 500 million for trade finance in Greece

20-12-2012 — /europawire.eu/ — The EIB Board approved a new financing instrument for the first time for Greece. This instrument will allow the Bank to provide trade finance support to Greece for an amount of up to EUR 500 million. President Hoyer … Read the full press release

Improving energy efficiency in your home – find out how to reduce your bills

20-12-2012 — /europawire.eu/ — Households are being encouraged to take part in a new project by the University of Southampton to help reduce their energy bills. Rising energy prices combined with falling winter temperatures provide a powerful incentive for us to … Read the full press release

EURid office hours during the festive season

Brussels, 20-12-2012 — /europawire.eu/ — The EURid offices will be closed over Christmas (24 and 25 December) and the New Year (31 December – afternoon only – and 1 January). If you are a .eu registrar and need support on those … Read the full press release

Proposal for new enforcement framework for international trade rules

Brussels, 20-12-2012 — /europawire.eu/ — On 18 December 2012, the European Commission proposed a new framework to streamline the EU’s ability to enforce its rights in the international trading system. Why is enforcement important? The EU is committed to defend and enforce … Read the full press release

Deloitte Update on Comet (in Administration)

20-12-2012 — /europawire.eu/ — In the absence of an acceptable offer for the whole of the business, the Joint Administrators of Comet can confirm that the remaining 35 stores will close today.  A small team will be retained to support the … Read the full press release