Sales revenue rises to EUR 147.7 billion (EUR 145.7 billion) Operating profit improves to EUR 9.4 billion (EUR 8.6 billion) in ongoing difficult market environment Profit before tax up EUR 2.1 billion year-on-year at EUR 11.5 billion High net liquidity … Read the full press release
Posted in Automotive, Business, Financial, Germany, Management
Net easing of credit standards continued for all loan categories in Q3 2014, although risk concerns re-emerged. Demand for loans increased across all loan categories but the contribution of firms’ financing needs related to fixed investment returned to negative territory. … Read the full press release
Posted in Banks, Business, European Union, Financial, Germany, Investment
Tagged bank lending survey, credit standards, ECB, loan
Regulation on supervisory fees sets out how the ECB recovers its expenditures for supervising the banking sector covered by the Single Supervisory Mechanism (SSM) ECB to fully assume its supervisory tasks on 4 November 2014 Frankfurt am Main, 30-10-2014 — … Read the full press release
EBRD and partners help reduce gas consumption, increase energy efficiency and improve heating services BALTI, Moldova, 30-10-2014 — /EuropaWire/ — Moldova has received a €7 million loan from the European Bank for Reconstruction and Development (EBRD) to modernise district heating … Read the full press release
Komani, Albania’s most important hydropower power plant, undergoes a safety makeover with EBRD funding LONDON, 30-10-2014 — /EuropaWire/ — The most important source of electricity in Albania is the Komani hydro power plant in the mountains of the Puka region. … Read the full press release
PARIS, 29-10-2014 — /EuropaWire/ — The French banks have successfully completed the asset quality review (AQR) and stress tests organized by the European Central Bank (ECB). The satisfactory results of this joint exercise demonstrate the strength of French banks in … Read the full press release
Posted in Banks, Business, European Union, Financial, France, Management
Tagged AQR, asset quality review, French Banking Federation, French banks, stress tests, The European Central Bank
BRUSSELS, 29-10-2014 — /EuropaWire/ — On Wednesday, Barclays launches its two year sponsorship partnership with JA-YE, kicking off a two-year plan with six innovation camps in Spain, Russia, Italy, France, Germany and Portugal on the theme of increasing economic growth. Over … Read the full press release
Posted in Banks, Education, Financial, France, Germany, Italy, Portugal, Russia, Spain, Technology, United Kingdom
Tagged Barclays, Beatriz Morilla, innovation camps, JA-YE Europe
As part of the transaction: – Amundi acquires BAWAG P.S.K.’s asset management subsidiary – BAWAG P.S.K. and Amundi enter into a long-term distribution agreement to continue the distribution of INVEST products Amundi will continue to operate INVEST out of Austria, … Read the full press release
Posted in Austria, Banks, Business, Financial, Investment, Management, Retail
Tagged Amundi, BAWAG P.S.K, BAWAG P.S.K. INVEST, Deutsche Bank
Following the purchases announced today, considering the treasury shares already held, on October 17, 2014 Eni holds n. 28,690,039 shares equal to 0.79% of the share capital. San Donato Milanese (Milan), 27-10-2014 — /EuropaWire/ — During the period from October 13 … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Italy, Management
Tagged Eni, treasury shares
Oslo, 27-10-2014 — /EuropaWire/ — Yara International ASA delivered strong third-quarter results, with record fertilizer deliveries and continued margin benefit from lower European gas price. “Yara reports a strong third-quarter result with record deliveries, reflecting both organic growth and the … Read the full press release
Posted in Agriculture, Business, Chemicals, Financial, Management, Norway
Although Swiss banks are aware of the relevance of innovative digital services in retail banking, they have been slow to implement them. This is the conclusion of a Swisscom survey conducted among 22 Swiss cantonal, retail and major banks as … Read the full press release
Posted in Banks, Business, Financial, Retail, Switzerland, Technology
Tagged Falk Kohlmann, Swiss banks, Swisscom, “Innovations in Retail Banking”
Gothenburg, Sweden, 24-10-2014 — /EuropaWire/ — The market development in the third quarter followed the overall direction from the second quarter with good momentum in North America and Japan and continued slow development in the emerging markets in South America … Read the full press release
Posted in Automotive, Business, Financial, Management, Sweden, Transportation & Logistics
Bus operator to invest more than £600,000 infive state-of-the-art electric vehicles Further funding of £477,000 to come from Scottish Government Green Bus Fund Vehicles to go into service in Inverness PERTH, SCOTLAND, 24-10-2014 — /EuropaWire/ — Transport group Stagecoach is … Read the full press release
Majority still at early stage of development, cite data management and skills shortage as top challenges Marlow, UK, 24-10-2014 — /EuropaWire/ — Stress testing is a given for banks, as regulations and compliance pressures loom. Yet only one in four banks say … Read the full press release
Posted in Banks, Business, Financial, Technology, United Kingdom
Tagged banks, James Watson, Longitude Research, SAS, stress testing
After solid growth in the fourth quarter Chr. Hansen announces strong full-year results that match the expectations for the year Hørsholm, Denmark, 23-10-2014 — /EuropaWire/ — “Chr. Hansen continues to deliver solid growth and strong margins. In 2013/14, organic growth was … Read the full press release
Posted in Business, Denmark, Financial, Food & Beverage, Management
Research should result in knowledge to extract more oil from existing fields Enschede, Netherlands, 23-10-2014 — /EuropaWire/ — In the next five years, BP will invest two million euros in fundamental research by the department of Physics of Complex Fluids of the … Read the full press release
Posted in Education, Financial, Netherlands, Science, Technology, United Kingdom
Tagged BP, Complex Fluids, fundamental research, MESA+, the University of Twente
Valletta, Malta, 22-10-2014 — /EuropaWire/ — The Central Bank of Malta has signed a collaborative agreement with the Victor Pasmore Foundation for the setting up of a permanent exhibition of the works of Victor Pasmore within the Bank’s premises at the … Read the full press release
Quilter Cheviot, the UK private wealth manager, has been acquired by Old Mutual plc in a transaction totalling £585 million. LONDON, 22-10-2014 — /EuropaWire/ — Quilter & Co. Ltd (‘Quilter’) was originally acquired at the end of 2011 in primary … Read the full press release
Posted in Business, Financial, Management, United Kingdom
Tagged Bridgepoint, Martin Baines, Morgan Stanley Smith Barney, Old Mutual plc, Quilter Cheviot
NERC invests £23m in Earth observation, supporting science and innovation, big data and space technology at the University of Leicester Leicester, UK, 21-10-2014 — /EuropaWire/ — NERC is to fund the National Centre for Earth Observation (NCEO) for a further five … Read the full press release
Posted in Education, Financial, Science, Technology, United Kingdom
Tagged big data and space technology, Earth observation, Greg Clark, National Centre for Earth Observation, NERC, Professor Duncan Wingham, Professor John Remedios, Professor Paul Boyle, supporting science and innovation, University of Leicester
Utrecht, Netherlands, 21-10-2014 — /EuropaWire/ — In response to rising global beef demand, Brazil is set to step up the rapid intensification of its beef production sector over the next ten years, enabling the industry to expand into higher-value export markets. … Read the full press release
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