Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Le nuove Generali: una rivoluzione in disciplina, semplicità e focus per migliorare il ritorno agli azionisti

Posted on 17, January 2013 by

17-1-2013 — /europawire.eu/ — Le nuove Generali: una rivoluzione in disciplina, semplicità e focus per migliorare il ritorno agli azionisti Chiaro focus sul core business assicurativo e sulla presenza geografica. Aumento del peso del business Danni Ristabilire una solida posizione patrimoniale … Read the full press release →

Posted in Business, Financial, Insurance, Italy

Volkswagen Konzern liefert erstmals über 9 Millionen Fahrzeuge aus

Posted on 17, January 2013 by

• Gesamtjahr 2012: Verkäufe legen um 11,2 Prozent* zu • Starker Einzelmonat Dezember: 784.300 Auslieferungen / 20,7 Prozent Plus* • Vorstandsvorsitzender Prof. Dr. Martin Winterkorn: „Konzern hat sich unter schwierigen Bedingungen hervorragend entwickelt und verzeichnet das beste Verkaufsjahr aller Zeiten.“ • Konzernvertriebsvorstand Christian Klingler: … Read the full press release →

Posted in Automotive, Business, Financial, Germany

ArcelorMittal agrees to sell a 15% interest in ArcelorMittal Mines Canada for $1.1bln to a Consortium led by POSCO and China Steel Corporation

Posted on 17, January 2013 by

Luxembourg, 17-1-2013 — /europawire.eu/ — ArcelorMittal announces today that it has entered into an agreement pursuant to which ArcelorMittal’s wholly owned subsidiary ArcelorMittal Mines Canada (AMMC) and a consortium led by POSCO and China Steel Corporation (CSC) will enter into a … Read the full press release →

Posted in Business, Financial, Industrial, Luxembourg, Metals and Minerals

UK: 60 is the new 40 in 2013 for retiring baby boomers

Posted on 17, January 2013 by

One in four 65 to 74 year olds continues to earn a wage One in three over-55s plans to work part-time in retirement Nearly half have their sights set on foreign travel 17-1-2013 — /europawire.eu/ — The UK is witnessing the … Read the full press release →

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

By applying reduced rates of VAT beyond what is authorised under the VAT Directive, Spain has failed to fulfil its obligations under EU law

Posted on 17, January 2013 by

Spain applies a reduced rate to a broader range of goods than provided for under the VAT Directive in the field of pharmaceutical products and medical equipment Luxembourg, 17-1-2013 — /europawire.eu/ — The VAT Directive¹ (Annex III) lists the categories of supplies … Read the full press release →

Posted in Business, European Union, Financial, Government, Law, Luxembourg, Spain

LLOYDS TSB LAUNCHES BALANCE TRANSFER FEE REFUND OFFER

Posted on 16, January 2013 by

New offer makes Lloyds TSB Platinum credit card one of the best value balance transfer deals on the market 0% interest for 21 months on balance transfers and three months on purchases 50% refund of the 3% balance transfer fee … Read the full press release →

Posted in Banks, Business, Financial, United Kingdom

BANK OF SCOTLAND PMI: GROWTH OF SCOTTISH PRIVATE SECTOR ACTIVITY STRENGTHENS IN DECEMBER

Posted on 16, January 2013 by

Fastest rise in output for six months Growth driven by increase in new business wins Slight drop in output prices 16-1-2013 — /europawire.eu/ — Scotland’s private sector economy ended 2012 on a sound footing, according to Bank of Scotland’s PMI report … Read the full press release →

Posted in Banks, Business, Economy, Financial, Investment, United Kingdom

Careful pooling of sovereign debt is good for the Euro, say MEPs

Posted on 16, January 2013 by

16-1-2013 — /europawire.eu/ — A resolution to keep up pressure on the Commission and member states to explore all avenues for pooling sovereign debt was adopted on Wednesday. The text affirms that fears of free-riding can be overcome by carefully-crafted … Read the full press release →

Posted in Banks, Business, Economy, European Union, Financial, Government, Investment, Politics

GDF SUEZ cède sa participation de 24,5 % dans la société gazière slovaque SPP

Posted on 16, January 2013 by

16-1-2013 — /europawire.eu/ — GDF SUEZ et E.ON ont signé un accord avec Energetický a Průmyslový Holding (EPH), acteur majeur sur le marché tchèque de l’électricité, pour la vente de leur participation indirecte de 49 % dans le capital de l’opérateur gazier slovaque … Read the full press release →

Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Slovakia

Tougher credit rating rules confirmed by Parliament’s vote

Posted on 16, January 2013 by

16-1-2013 — /europawire.eu/ — New rules on when and how credit rating agencies may rate state debts and private firms’ financial health were approved by Parliament on Wednesday. They will allow agencies to issue unsolicited sovereign debt ratings only on set … Read the full press release →

Posted in Banks, Business, European Union, Financial, Government, Investment, Law, Politics

Accordo tra Generali e PPF Group per la conclusione della partnership in Europa Centro-orientale

Posted on 16, January 2013 by

Generali acquisirà da PPF Group il 49% di GPH per € 2,5 mld per assumere il pieno controllo della joint venture L’acquisizione avverrà in due tranche: entro il 28 marzo 2013 sarà acquistato il 25% di GPH; a fine 2014 … Read the full press release →

Posted in Business, Financial, Insurance, Investment, Italy

Bi-Annual Information on euro banknote counterfeiting in Malta

Posted on 16, January 2013 by

16-1-2013 — /europawire.eu/ — In the second half of 2012, the number of counterfeit euro banknotes reported to the Central Bank of Malta amounted to 713, or 25% lower than the 951 counterfeits found in the first half of the same … Read the full press release →

Posted in Banks, Business, Financial, Government, Law, Society

Central Bank of Malta: Contribution to euro area monetary aggregates and counterparts

Posted on 16, January 2013 by

16-1-2013 — /europawire.eu/ — The contribution of resident Monetary Financial Institutions (MFIs) to the euro area broad money stock (M3) expanded by EUR81.7 million, or 0.8%, in September to EUR10.3 billion (see Table 1). Nonetheless, the annual growth rate declined slightly, … Read the full press release →

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

Statement by Commissioner Michel Barnier following the vote in the European Parliament on new European rules to regulate credit rating agencies

Posted on 16, January 2013 by

Brussels, 16-1-2013 — /europawire.eu/ — Statement by Commissioner Michel Barnier following the vote in the European Parliament on new European rules to regulate credit rating agencies I congratulate the European Parliament on today’s agreement on additional rules for credit rating agencies (CRAs) … Read the full press release →

Posted in Belgium, Business, European Union, Financial, Government, Investment, Law, Politics

Deutsche Bank recognised as world’s No 1 fixed income bank

Posted on 16, January 2013 by

16-1-2013 — /europawire.eu/ — Deutsche Bank has retained its top position as the global market share leader in fixed income for the third consecutive year, according to the industry benchmark study by Greenwich Associates. The bank captured a 10.7% share of … Read the full press release →

Posted in Awards, Banks, Business, Financial, Germany, Investment

New rules on credit rating agencies (CRAs) – frequently asked questions

Posted on 16, January 2013 by

16-1-2013 — /europawire.eu/ — New rules on credit rating agencies (CRAs) – frequently asked questions I. GENERAL CONTEXT AND APPLICABLE LAW 1. What is a credit rating? A credit rating is an opinion issued by a specialised firm on the creditworthiness … Read the full press release →

Posted in Business, European Union, Financial, Investment, Law

El 69% del capital de Repsol elige cobrar el dividendo en acciones

Posted on 16, January 2013 by

16-1-2013 — /europawire.eu/ — El 69,01% del capital de Repsol ha optado por recibir en acciones la retribución a cuenta correspondiente a los resultados del ejercicio 2012. A través de este sistema de retribución, los accionistas pueden elegir entre recibir acciones … Read the full press release →

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

Hurricane Sandy leaves Allianz operating profit outlook unchanged

Posted on 16, January 2013 by

Allianz impact from Hurricane Sandy amounts to 590 million US-dollars / Operating profit 2012 still expected to exceed 9 billion euros Munich, Jan 15, 2013 Hurricane Sandy, which hit the north eastern coast of the United States in late October … Read the full press release →

Posted in Business, Financial, Germany, Insurance

BCL RÉSERVES OBLIGATOIRES – ÉVOLUTION MENSUELLE

Posted on 16, January 2013 by

16-1-2013 — /europawire.eu/ — La Banque centrale du Luxembourg (BCL) fait savoir que le montant de l’exigence de réserve, pour la période de maintenance du 16 janvier au 12 février 2013, s’élève à 3 841 millions d’euros. Les réserves à déposer … Read the full press release →

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

FLSmidth secures EIB funding for R&D investments

Posted on 16, January 2013 by

FLSmidth has signed an EUR 125m loan agreement with the European Investment Bank (EIB).  16-1-2013 — /europawire.eu/ — The 5-year-bullet loan will finance FLSmidth’s global research and development programme within the cement industry during the period 2013-2016. The R&D programme will … Read the full press release →

Posted in Banks, Business, Denmark, Environment, European Union, Financial, Industrial, Investment, Metals and Minerals