Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

NOVATEK reports preliminary operating data for fourth quarter and full year 2012

Posted on 4, February 2013 by

Moscow, 4-2-2013 — /europawire.eu/ — OAO NOVATEK (“NOVATEK” and/or the “Company”) reported today preliminary operating data for the fourth quarter and full year 2012. In the fourth quarter 2012, NOVATEK’s gross production (including share in production by affiliates) totaled 15.30 billion … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Russia

Citycon acquired and financed Kista Galleria, a prime shopping centre in Stockholm, together with CPPIB

Posted on 4, February 2013 by

Helsinki, 4-2-2013 — /europawire.eu/ — On 19 December 2012, Citycon Oyj and the Canada Pension Plan Investment Board (CPPIB) announced that they will buy the Kista Galleria shopping centre in Stockholm, for approximately SEK 4.6 billion. The closing of the acquisition … Read the full press release →

Posted in Business, Financial, Finland, Investment, Retail, Sweden

Corporate Europe Observatory: EU Ombudsman’s decision deepens ECB unaccountability

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — In a decision published today, following a complaint filed by Corporate Europe Observatory (CEO), the EU Ombudsman concludes that the European Central Bank’s (ECB) President Mario Draghi’s membership of the lobby Group of Thirty does not violate the ethics rules … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Non Profit, Politics, Society

Report on the regulatory consistency of risk-weighted assets for market risk issued by the Basel Committee

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — The Basel Committee on Banking Supervision has today published its report on the regulatory consistency of risk-weighted assets for market risk. This analysis of risk-weighted assets in the trading book is part of the wider Regulatory Consistency Assessment Programme … Read the full press release →

Posted in Banks, Business, Economy, Financial, Investment, Switzerland

Nordea: Torsten Hagen Jørgensen appointed new Head of Group Corporate Centre and CFO

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — Torsten Hagen Jørgensen, member of Group Executive Management and Head of Group Operations and Other Lines of Business at Nordea, has been appointed new Head of Group Corporate Centre and CFO. Torsten Hagen Jørgensen joined Nordea in … Read the full press release →

Posted in Banks, Business, Denmark, Financial, Finland, Management, Norway, Sweden

Irish Ministers to represent Council in debate in the European Parliament on fisheries, the EU budget, and economic and foreign affairs issues

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — Irish Minister of State for European Affairs Lucinda Creighton and Minister for Agriculture Food and Marine Simon Coveney will be in Strasbourg this week representing the Council of the European Union in a range of debates with … Read the full press release →

Posted in Agriculture, Economy, European Union, Financial, Government, Politics, Society

CBI comments on MOD Defence Equipment Plan

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — The CBI commented on the publication of a 10-year Defence Equipment Plan by the Ministry of Defence. Matthew Fell, CBI Director for Competitive Markets, said: “Businesses have been urging the Government to provide more detail on its future defence … Read the full press release →

Posted in Aviation & Aerospace, Business, Defence, Financial, Government, Investment, Politics, United Kingdom

BP Completes Sale of Texas City Refinery and Related Assets to Marathon Petroleum

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — BP has completed the previously announced sale of its Texas City, Texas refinery and a portion of its retail and logistics network in the Southeast U.S. to Marathon Petroleum Corporation for an estimated $2.4 billion. This comprises … Read the full press release →

Posted in Business, Energy, Gas & Oil, Financial, Investment, United Kingdom

JUMP – « J’ai Une Mobilité Personnalisée » – un nouveau dispositif au service des collaborateurs du Groupe BPCE pour préparer leur évolution professionnelle

Posted on 4, February 2013 by

Paris, 4-2-2013 — /europawire.eu/ — Lancé le 31 janvier, JUMP (J’ai Une Mobilité Personnalisée) propose aux collaborateurs une véritable encyclopédie dynamique des emplois du Groupe BPCE, afin de mieux préparer leur évolution professionnelle et d’être acteur de leur carrière. Il leur permet … Read the full press release →

Posted in Banks, Business, Financial, France, Internet & Online, Management, Technology

Národná banka Slovenska: Revision of the Medium-Term Forecast (MTF-2012Q4R) – Summary

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — In January 2013, Národná banka Slovenska (NBS) revised the NBS Medium-Term Forecast published in December 2012 (MTF-2012Q4). This is the first time that NBS has revised its quarterly MTF outside the official forecasting process; it did so … Read the full press release →

Posted in Banks, Business, Economy, Financial, Government, Slovakia

CBI comments on launch of new Government Commissioning Academy

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — The CBI commented on the launch of a new public sector Commissioning Academy. Jim Bligh, CBI Head of Public Services Reform, said: “This initiative could help public sector leaders to respond more effectively to the increasing demand for … Read the full press release →

Posted in Business, Financial, Government, Society, United Kingdom

SPEECH – Milano, campagna Europea sulla direttiva per i ritardi di pagamento

Posted on 4, February 2013 by

Antonio TAJANI – Vicepresidente della Commissione europea, responsabile per l’Industria e l’Imprenditoria Rappresentanza a Milano della Commissione / Milano Milano, 4-2-2013 — /europawire.eu/ — INTRODUZIONE Dopo aver aperto a Roma il 5 ottobre la campagna europea voluta da Parlamento e Commissione Ue sull’attuazione della … Read the full press release →

Posted in Business, European Union, Financial, Government, Investment, Italy, Politics, Small Business, Society

CBI responds to FSA report on interest rate swap mis-selling

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — The CBI commented on a Financial Services Authority (FSA) report on interest rate swap mis-selling. Matthew Fell, CBI Director for Competitive Markets, said: “The mis-selling of interest rate products was unacceptable. “Any small business that has been mis-sold … Read the full press release →

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

SNS REAAL COMPOSITION EXECUTIVE BOARD AND SUPERVISORY BOARD AS PER 1 FEBRUARY

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — Following the announcement of the departure of the CEO, CFRO and Chairman of the Supervisory Board at SNS REAAL NV, the other members of the Executive Board and Supervisory Board decided to remain in their current positions to ensure … Read the full press release →

Posted in Banks, Business, Financial, Management, Netherlands

Ombudsman: Mario Draghi’s membership of Group of Thirty does not undermine ECB independence

Posted on 4, February 2013 by

P. Nikiforos Diamandouros – European Ombudsman 4-2-2013 — /europawire.eu/ — The European Ombudsman, P. Nikiforos Diamandouros, has rejected a complaint that the independence, reputation, and integrity of the European Central Bank (ECB) are undermined by its President’s membership of the Group of Thirty. This … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Law, Non Profit, Politics, Society

EIB and ICAF sign agreement to finance SMEs in Cantabria

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — The European Investment Bank (EIB) has granted a EUR 50 million loan to the Instituto de Finanzas de Cantabria (ICAF) mainly for financing the investment projects of the region’s small and medium-sized enterprises (SMEs). This EIB loan will … Read the full press release →

Posted in Banks, Business, Financial, Investment, Luxembourg, Small Business, Spain

Banque Populaire cède le Maxi Banque Populaire V à Dona Bertarelli et son écurie de course Spindrift racing

Posted on 4, February 2013 by

4-2-2013 — /europawire.eu/ — Le 17 janvier dernier, la Banque Populaire a réaffirmé son engagement dans la voile jusqu’en 2016 et annoncé saparticipation à la prochaine Route du Rhum 2014 sur le Maxi Solo Banque Populaire VII. Dans le cadre de … Read the full press release →

Posted in Banks, Financial, France, Sports

CBI comments on NAO Financial Sustainability of Local Authorities Report

Posted on 2, February 2013 by

2-2-2013 — /europawire.eu/ — The CBI commented on a National Audit Office Financial Sustainability of Local Authorities report. Jim Bligh, CBI Head of Public Services reform, said: “As part of necessary deficit reduction, local authorities are operating with reduced budgets so … Read the full press release →

Posted in Business, Economy, Financial, United Kingdom

Rio Tinto impairments and management changes

Posted on 2, February 2013 by

2-2-2013 — /europawire.eu/ — Rio Tinto expects to recognise a non-cash impairment charge of approximately US$14 billion (post tax) in its 2012 full year results. These impairments include an amount of approximately US$3 billion relating to Rio Tinto Coal Mozambique (RTCM), … Read the full press release →

Posted in Business, Financial, Industrial, Management, Metals and Minerals, United Kingdom

RESIGNATION ANNOUNCEMENT RONALD LATENSTEIN, FERENCE LAMP AND ROB ZWARTENDIJK AT SNS REAAL

Posted on 2, February 2013 by

Utrecht, 2-2-2013 — /europawire.eu/ — SNS REAAL NV announces that its Executive Board members Messrs Ronald Latenstein, CEO, and Ference Lamp, CFRO, and Chairman of the Supervisory Board, Mr Rob Zwartendijk, resign from their respective positions. Reason for this decision is that … Read the full press release →

Posted in Banks, Business, Financial, Management, Netherlands