(IN BRIEF) The Association for Financial Markets in Europe (AFME) has welcomed the UK Government’s Mansion House reforms, particularly the optionality provided for paying for investment research. The reforms allow clients to choose how they pay for research, whether bundled … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, Investment, Law, Management, News, United Kingdom
Tagged Adam Farkas, AFME, European Union, flexibility, Investment Research Payments, Reforms, UK Government
(IN BRIEF) Consumer card spending in the UK showed a year-on-year growth of 5.4% in June, driven by warm weather and increased socializing at pubs and bars. Spending on groceries surged by 9.5%, although shoppers remain concerned about “shrinkflation” and … Read the full press release
Posted in Banks, Business, Economy, Finland, Industrial, Management, News, Retail, United Kingdom
Tagged Barclays, economy, Esme Harwood, inflation, Shrinkflation, Will Hobbs
(IN BRIEF) LSEG (London Stock Exchange Group) has entered into a long-term agreement with IndusInd Bank, one of India’s largest private sector banks, to support its digital transformation strategy. The partnership will provide IndusInd Bank with access to LSEG’s data … Read the full press release
Posted in Banks, Business, Economy, Financial, International Trade, Investment, Management, News, Technology, United Kingdom
Tagged BANKING, digital transformation, IndusInd Bank, LSEG, partnership, Ranjit Pawar, Siddharth Banerjee
(IN BRIEF) Swiss Re Institute’s latest sigma report highlights that emerging Asia, led by the reopening of China’s economy, is expected to be the main driver of global economic growth in the coming years. The report forecasts a growth rate … Read the full press release
Posted in Business, Economy, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged ASIA, CHINA, economy, Global Economic Growth, inflation, Jérôme Haegeli, Li Xing, Swiss Re
(IN BRIEF) GRAHAM, a leading national contractor and developer, has achieved a significant milestone by surpassing £1 billion in turnover. The company’s recently published accounts show a 15.3% increase in revenue compared to the previous year, reaching £1.094 billion. GRAHAM’s … Read the full press release
Posted in Business, Construction, Economy, Environment, Financial, Industrial, Management, News, United Kingdom
Tagged Andrew Bill, economy, Financial, GRAHAM, sustainability
(IN BRIEF) Alstom, a global leader in smart and sustainable mobility, releases its 2023 Economic Impact Report, revealing its significant contribution to the UK and Ireland. With roots tracing back to the world’s first locomotive works in Newcastle, Alstom has … Read the full press release
Posted in Business, Economy, Environment, Financial, France, Industrial, Management, News, Technology, Transportation & Logistics
Tagged Alstom, economic, INNOVATION, Ireland, Nick Crossfield, recyclability, renewable energy, sustainability, train, UK, waste recovery
(IN BRIEF) Digi Communications N.V. has announced the convocation of its general shareholders meeting (GSM) on August 18, 2023. The meeting will discuss and seek approval for various items, including the 2022 Annual Report, distribution of dividends, release of liability … Read the full press release
Posted in Banks, Belgium, Economy, Financial, Investment, Italy, News, Portugal, Romania, Spain, Technology, Telecom
Tagged 2022, 2022 Annual Report, 2022 Consolidated and Stand-alone Statutory Financial Statements, AFM, AGM, Amsterdam, Amsterdam Freshfields Bruckhaus Deringer LLP, ANACOM, ANCOM, Android TV-based entertainment service, Annual Report, appointment, appointment of the statutory auditor, ASF, auditor report, Belgian Institute for Postal Services and Telecommunications, Board of Directors, Board report 2022 Dividend and Reservations Policy, Bogdan Ciobotaru, Bucharest Stock Exchange, buy back shares, buy-back program, BVB, Citymesh, Class A shares, Class B shares, Class B Shares market, Communications managers, Digi, DIGI 2022 Annual Accounts, Digi 2023 Financial Calendar, DIGI Annual Report, Digi Communications, Digi Communications 2022 Annual Report, DIGI COMMUNICATIONS N.V., Digi Communications N.V. General Shareholders Meeting, Digi Financial Calendar 2022, Digi financial debt, Digi Investors Call, DIGI Remuneration Policy, Digi Spain Telecom S.L.U., DIGI symbol, directors stock option plans, dividend, dividend payment, Dutch Authority for the Financial Markets, Emil Jugaru, employees stock option plans, European Economic Area, financial results, financial statement, financial transactions, General Shareholders Meeting, GSM, Independent Auditor’s Report, Investor Relations, investors, IPO, KPMG N.V., loan, loan facility, Marius Catalin Varzaru, market, mobile services, MVNO, National Authority for Management and Regulation of Communications in Romania, Notification of Attendance, Portuguese Authority for Telecommunications, Regulation, Remuneration Report for 2022, roaming, roaming surcharge, roaming surcharges, Romania, Romanian Central Depository (Depozitarul Central S.A.), Romanian Financial Supervisory Authority, Romanian National Securities Commission, romanian telecommunications provider, Securities, senior facility agreement, Serghei Bulgac, shareholders, shares, shares conversion, Spain, stock option plan, stock option programme, stock options, surcharge, surcharge for roaming, Telecom Market, TELECOMMUNICATION PROVIDER, telecommunications, telecommunications services, the Netherlands, the statutory financial statements, transactions, tv, Valentin Popoviciu, Zoltan Teszari
(IN BRIEF) Crédit Agricole has signed a distribution agreement with Coface to offer credit insurance products to its corporate clients engaged in international trade. The economic slowdown and inflation of the past year have impacted payment behavior, particularly affecting small … Read the full press release
Posted in Banks, Business, Economy, Financial, France, International Trade, Management, News, Small Business
Tagged Carine Pichon, Claire-Lise Hurlot, COFACE, corporate clients, Credit Agricole, inflation, partnership, SME
(IN BRIEF) The European Investment Fund (EIF) has provided a guarantee worth €110 million to the BPER Banca Group, comprising BPER Banca and Banco di Sardegna, with the assistance of Banca Finint. This agreement aims to boost investments by small … Read the full press release
Posted in Banks, Business, Economy, Financial, Investment, Italy, Management, News, Small Business
Tagged Alessandro Tappi, Banco di Sardegna, BPER Banca, digitalization, European Investment Fund, Giuseppe Cuccurese, INNOVATION, Paolo Gentiloni, partnership, SME, Stefano Vittorio Kuhn, sustainability, sustainable investments
(PRESS RELEASE) BUCHAREST, Romania, 5-Jul-2023 — /EuropaWire/ — Digi Communications N.V. (The Company) informs the shareholders and investors that the Annual Financial Report for the year ended December 31, 2022 is available starting with 5 July 2023 on the Company’s … Read the full press release
Posted in Banks, Belgium, Business, Economy, Financial, Investment, Italy, News, Portugal, Romania, Spain, Technology, Telecom
Tagged 2023 Financial Calendar, Bogdan Ciobotaru, Digi, Digi Annual Financial Report 2022, Digi Communications, DIGI COMMUNICATIONS N.V., Digi facility agreements, Digi Financial Calendar, Digi Financial Calendar 2023, DIGI symbol, Dutch Authority for the Financial Markets, financial calendar, financial statements, Investor Relations, investors, IPO, Italy, Marius Catalin Varzaru, market, mobile services, PORTUGAL, Romania, Romanian Financial Supervisory Authority, romanian telecommunications provider, Serghei Bulgac, shareholders, shares, Spain, statutory auditor, Telecom Market, TELECOMMUNICATION PROVIDER, telecommunications, telecommunications services, Valentin Popoviciu, Zoltan Teszari
(IN BRIEF) NatWest Group has commissioned a report by Oxera, an economics and finance consultancy firm, on the potential of Open Banking. The report highlights the economic obstacles hindering the wider adoption of Open Banking and the development of innovative … Read the full press release
Posted in Banks, Business, Economy, Financial, Management, News, United Kingdom
Tagged Claire Melling, collaboration, economic challenges, NatWest Group, Open Banking
(IN BRIEF) Digi Communications N.V. has announced the conclusion of an amendment agreement to the Facility Agreement by its Spanish subsidiary, Digi Spain Telecom S.L.U. The agreement allows for an additional term loan facility of EUR 100,000,000 to be made … Read the full press release
Posted in Banks, Belgium, Business, Economy, European Union, Financial, Investment, Italy, News, Portugal, Romania, Spain, Technology, Telecom
Tagged Banco Santander, capital expenditure, DIGI COMMUNICATIONS N.V., Digi Spain, Digi Spain Telecom S.L.U., Facility Agreement, Facility Agreement dated 26 July 2021, fiber-optic network, ING Bank N.V., loan, loan facility, RCS & RDS S.A., telecom equipment, telecom infrastructure, telecommunication services
(IN BRIEF) The community of Forsmark, Sweden, is experiencing economic prosperity and low unemployment, thanks in part to the local nuclear power plant. Residents have shown long-standing support for the plant, which has contributed significantly to the local economy and … Read the full press release
(IN BRIEF) The Bank of England has disclosed the schedule for the sales of gilts held in the Asset Purchase Facility (APF) for monetary policy purposes in Q3 2023. They plan to sell a total of £2.37 billion across short, … Read the full press release
Posted in Banks, Economy, Financial, Investment, United Kingdom
Tagged Asset Purchase Facility, Bank of England, BoE, gilts, monetary policy
(IN BRIEF) Allianz Trade has conducted a study revealing a significant gap between perceived and actual inflation rates, with Germany experiencing the widest disparity. The study shows that perceived inflation in the eurozone is nearly three times higher than the … Read the full press release
Posted in Austria, Business, Economy, Financial, Germany, Insurance, Switzerland
Tagged Actual Inflation, Allianz Trade, divergent inflation rates, Eurozone, inflation, Perceived Inflation
(IN BRIEF) International banking groups maintain a strong presence in Central, Eastern, and South-Eastern Europe (CESEE) despite geopolitical challenges, according to a recent survey by the European Investment Bank (EIB). The survey indicates that parent banks in CESEE countries have … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and ILX Management, has formed a partnership to enhance private-sector finance in emerging markets. The initiative aims to attract investments of up to … Read the full press release
Posted in Banks, Economy, European Union, Financial, Industrial, Investment, United Kingdom
Tagged asset manager, Caucasus, EBRD, EFSD+, EU, European Union, ILX Management, Manfred Schepers, Odile Renaud-Basso, Türkiye, Valdis Dombrovskis, Western Balkans
(IN BRIEF) EBRD finances the acquisition of electric buses and the establishment of an e-bus depot in Samarkand, Uzbekistan. The initiative will provide eco-friendly public transport for approximately 560,000 residents and supports Samarkand’s sustainable development goals. The project is the … Read the full press release
(IN BRIEF) EBRD and the European Commission have approved a financial package to rehabilitate railway lines in Moldova. The €71 million project will receive a €20 million investment grant from the EU, a €23 million loan from EBRD, and €28 … Read the full press release
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a five-year strategy for investment in Croatia. The strategy focuses on supporting competitiveness through innovation and good governance, accelerating Croatia’s transition to a green economy, and enhancing resilience … Read the full press release
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