(IN BRIEF) Mongolia is a significant player in the global cashmere industry, producing nearly 40% of the world’s raw cashmere. However, challenges such as limited processing capacity and environmental issues threaten the industry’s sustainability. To address these challenges, the European … Read the full press release
Posted in Banks, Economy, Environment, Financial, Industrial
Tagged cashmere, cashmere industry, EBRD, Gobi Desert, Mongolia
(IN BRIEF) SIX Swiss Exchange has welcomed First Trust as a new issuer of exchange-traded funds (ETFs), becoming the 28th ETF issuer on the exchange. First Trust’s introduction adds two new ETF products to the exchange, bringing the total number … Read the full press release
Posted in Business, Economy, Financial, Industrial, Investment, Management, News, Switzerland
Tagged Christian Reuss, ETF issuer, First Trust, partnership, SIX Swiss Exchange
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has successfully met its goal of deploying €3 billion in financing to Ukraine’s real economy in 2022-23 to mitigate the effects of the ongoing conflict with Russia. The investment focuses … Read the full press release
Posted in Banks, Business, Construction, Economy, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Ukraine, United Kingdom
Tagged EBRD, investment, Matteo Patrone, Odile Renaud-Basso, partnership, sustainability, UKRAINE
(IN BRIEF) The European Investment Bank (EIB) has signed a historic loan agreement worth CZK 24 billion (€992 million) with the Czech Ministry of Finance to support the transformation of the country’s rail network. This monumental financing deal, the largest … Read the full press release
Posted in Banks, Business, Czech Republic, Economy, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Luxembourg, Management, News, Technology, Transportation & Logistics
Tagged Czech Republic, EIB, Kris Peeters, Martin Kupka, Modernisation, partnership, rail network, Správa železnic, sustainability, TEN-T, Zbyněk Stanjura
(IN BRIEF) The European Investment Bank (EIB) has inked a €50 million lending deal with Všeobecná úverová banka (VÚB), aimed at increasing access to financing for small and medium-sized enterprises (SMEs), mid-cap companies, and both public and private sector entities … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged EIB, financing, Jozef Kausich, partnership, Slovakia, SMEs, sustainability, VÚB, Zuzana Kaparová
(IN BRIEF) The University of Oxford’s Saïd Business School recently played host to 42 prominent African and Africa-focused venture capital (VC) fund managers as part of the ‘Africa Venture Finance Programme.’ This event, organized by the European Investment Bank’s Boost … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News
Tagged Abi Mustapha-Maduakor, Africa Venture Finance Programme, AfricaGrow, African Venture Capital, Atlantica Ventures, Boost Africa, Eghosa Omoigui, EIB, Jalpa Patel, Khaled Ben Jilani, Novastar, Oxford, Partech, partnership, Saïd Business School, Thomas Klein, Thomas Östros, TLcom Capital
(IN BRIEF) Eurex, the leading European exchange, has marked another significant step in its mission to provide secure access to cryptocurrencies within a regulated market environment. Following the successful launch of Bitcoin index futures in April 2023, Eurex has now … Read the full press release
Posted in Business, Economy, Financial, Germany, Industrial, International Trade, Investment, Management, News
Tagged Bitcoin index, cryptocurrency, Deutsche Börse Group, Eurex, Financial, FTSE, investment, Randolf Roth, Shawn Creighton
(IN BRIEF) voestalpine has officially opened an advanced special steel plant in Kapfenberg, Austria, marking a significant technological advancement in high-performance materials for automotive, energy, and aerospace industries. The plant, known for its high degree of digitalization and sustainability, is … Read the full press release
(IN BRIEF) The NatWest SME PMI® Tracker for Q3 2023 indicates a modest reduction in business activity among UK small and medium-sized enterprises (SMEs) in September. Despite this decline, SMEs reported marginal employment gains, while large enterprises saw a renewed … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Business Activity, Employment, James Holian, NatWest, PMI® Tracker, Sebastian Burnside, SMEs, UK
(IN BRIEF) British Gas and Dimplex have collaborated to introduce the British Gas Dimplex Quantum Tariff, a groundbreaking electric storage heating tariff designed for use with the Dimplex Quantum Storage Heater. This advanced heating solution offers lower rates than typical … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged 5G-Enabled Electric Storage Heating Tariff, British Gas, British Gas Dimplex Quantum Tariff, Catherine O’Kelly, Centrica, Conor Sugrue, Dimplex Quantum Storage Heater, Glen Dimplex, innovative, partnership, sustainability
(IN BRIEF) The European Investment Bank (EIB) and Commerzbank have established a guarantee program to support medium-sized businesses in Germany and the EU. Companies with 250 to 3,000 employees can apply for long-term loans through Commerzbank, with a total of … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Germany, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Ambroise Fayolle, Andreas Kern, Commerzbank, EIB, medium-sized businesses, partnership, sustainability
(IN BRIEF) AXA has released its 9M22 activity indicators in accordance with the new accounting standards IFRS 17 and IFRS 9, which came into effect on January 1, 2023. These indicators include Gross Written Premiums & Other Revenues, New Business … Read the full press release
Posted in Business, Economy, Financial, France, Industrial, Insurance, Investment, Management, News
Tagged 9M22, Accounting Standards, AXA, Financial, investment
(IN BRIEF) The second edition of Intesa Sanpaolo’s “Italian Excellences 2023, Mid Corporate Conference” in Paris saw around 50 companies, primarily listed on the Euronext STAR Milan segment of Borsa Italiana, participating. The event, in collaboration with Borsa Italiana, attracted … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Italy, Management, Media, News, Small Business
Tagged 'Italian Excellences 2023', Borsa Italiana, Gregorio De Felice, International Investors, Intesa Sanpaolo, Italian Mid Corporates, Massimo Mocio, Mauro Micillo, Paris, partnership, SMEs
(IN BRIEF) The insurance industry is leveraging digitalization to monitor, mitigate, and price risks more efficiently, leading to tailored insurance solutions and increased protection. Swiss Re’s report highlights the potential for 3-8% improvements in loss ratios and 10-20% savings in … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland, Technology
Tagged digitalization, insurance, Jérôme Haegeli, Pravina Ladva, Swiss Re
(IN BRIEF) ABN AMRO Groenbank is celebrating its fifth anniversary in providing Green Savings Deposits and Green Loans. Launched in 2018, ABN AMRO Groenbank uses client savings from its Green Savings Deposit to help entrepreneurs transition to more sustainable business … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Investment, Management, Netherlands, News
Tagged ABN Amro, Deposit, Green Savings, Groenbank, Krista Overwater, loans, partnership, sustainability, sustainable business
(IN BRIEF) The European Investment Fund (EIF), supported by the InvestEU programme, has entered into a portfolio guarantee agreement with Avanseo to provide up to €38 million in new financing for microenterprises and individuals facing challenges in accessing credit markets. … Read the full press release
Posted in Banks, Business, Economy, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Amine Hebri, Avanseo, European Investment Fund, France, Marjut Falkstedt, microenterprises, partnership, SMEs
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has introduced its Star Venture program in the West Bank and Gaza to support high-potential start-ups in enhancing their business performance and fostering growth. This initiative marks the 23rd economy … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Small Business, United Kingdom
Tagged Arsène Jacoby, EBRD, Gaza, Gretchen Biery, Palestinian Start-ups, partnership, Star Venture Program, sustainability, West Bank
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has provided a loan of up to €4 million to KEP Trust, a microfinance institution in Kosovo and a long-standing partner of the EBRD. This loan aims to support micro, … Read the full press release
Posted in Banks, Economy, Environment, Financial, Government, Industrial, Investment, Management, News, Serbia, Small Business, United Kingdom
Tagged EBRD, female entrepreneurs, KEP Trust, Kosovo, MSMEs, partnership, Sergiy Maslichenko, Shpend Nura, sustainability
(IN BRIEF) Lloyds Bank has introduced a new digital identity app, “Lloyds Bank Smart ID,” developed in partnership with Yoti, a digital identity verification company. This app offers users a more private, secure, and convenient means of proving their age … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Security & Safety, Technology, United Kingdom
Tagged Digital ID App, Elinor Hull, James Fulker, Lloyds Bank, Lloyds Bank Smart ID, partnership, Robin Tombs, Yoti
(IN BRIEF) The European Investment Bank (EIB) is providing a loan of €70 million to the Central Bank of Armenia as part of the Armenian Economic Resilience Programme, backed by the European Fund for Sustainable Development Plus (EFSD+). This funding … Read the full press release
Posted in Banks, Business, Economy, Environment, European Union, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged Armenia, Central Bank of Armenia, European Investment Bank, Martin Galstyan, Mher Grigoryan, Mid-Caps, partnership, SMEs, sustainability, Teresa Czerwinska, Vasillis Maragos
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