Category Archives: Financial

Financial Press Releases & News distributed via EuropaWire

Statement by Vice President Rehn on the conclusion of the eighth review mission to Ireland

Posted on 25, October 2012 by

Brussels, 25-10-2012 — /europawire.eu/ — I welcome the finding that Ireland’s programme remains on track and that the government has reaffirmed its strong commitment to meeting the budgetary targets. I am convinced that Ireland’s fiscal adjustment path strikes the right balance between … Read the full press release →

Posted in Belgium, European Union, Financial, Government, Ireland, Politics

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Vattenfall to present third quarter 2012 results

Posted on 25, October 2012 by

25-10-2012 — /europawire.eu/ — Vattenfall will release its quarterly report on Tuesday, October 30. The report will be published on www.vattenfall.com at 09:00 CET. Conference call for analysts and investors Commencing at 10:00 (CET), Vattenfall’s President and CEO Øystein Løseth and … Read the full press release →

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

ING to sell insurance units in Hong Kong, Macau, Thailand

Posted on 25, October 2012 by

Units sold in combined transaction to Pacific Century Group ING to receive total cash consideration of USD 2.14 billion (EUR 1.64 billion) Transaction expected to deliver net gain of approximately EUR 1 billion Process to sell remaining Asian Insurance/Investment Management … Read the full press release →

Posted in Banks, Business, Financial, Insurance, Investment, Netherlands

Barclays Statement on Payment Protection Insurance

Posted on 25, October 2012 by

25-10-2012 — /europawire.eu/ — Barclays has experienced higher than previously anticipated levels of Payment Protection Insurance (“PPI”) claim volumes since the end of the first half, and has therefore determined that it is appropriate to provide a further £700 million as … Read the full press release →

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

STATEMENT ON ENHANCED COOPERATION DECISION ON FINANCIAL TRANSACTION TAX

Posted on 25, October 2012 by

Algirdas Šemeta Commissioner responsible for Taxation and Customs Union, Audit and Anti-fraud STATEMENT ON ENHANCED COOPERATION DECISION ON FINANCIAL TRANSACTION TAX Commission meeting / Strasbourg, 23 October 2012 Strasbourg, 25-10-2012 — /europawire.eu/ — Over the past few weeks, I have received … Read the full press release →

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

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Keskon Järvi-Suomen alueen myynti oli 442,6 miljoonaa euroa (alv 0 %) tammi-syyskuussa

Posted on 25, October 2012 by

25-10-2012 — /europawire.eu/ — K-ryhmän myynti oli tammi-syyskuussa 2012 Keskon Järvi-Suomen alueella (Keski-Suomi ja Etelä-Savo) yhteensä 442,6 miljoonaa euroa alv 0 % ja kehitys oli 3,9 %. – K-ruokakaupat kehittivät myyntiään koko alueella 5,6 % ollen 254,1 miljoonaa euroa. – Rautakauppojen (K-rauta, Rautia … Read the full press release →

Posted in Business, Financial, Finland, Retail

Commission proposes green light for enhanced cooperation on financial transactions tax

Posted on 25, October 2012 by

Brussels, 25-10-2012 — /europawire.eu/ — The 10 Member States that wish to apply an EU financial transaction tax (FTT) through enhanced cooperation should be allowed to do so, because all the legal conditions for such a move are met. This is the conclusion … Read the full press release →

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

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Outokumpu’s third quarter 2012 – Continued positive cash flow but unsatisfactory profitability in a challenging environment

Posted on 25, October 2012 by

OUTOKUMPU OYJ INTERIM REPORT 25-10-2012 — /europawire.eu/ — Third-quarter 2012 highlights – Underlying operational result was EUR -57 million – Operating loss was EUR 89 million including raw material-related inventory losses of some EUR 18 million and net non-recurring items totalling EUR -14 million … Read the full press release →

Posted in Business, Financial, Finland, Metals and Minerals

Banco Santander firma una alianza con Elavon para impulsar el negocio de medios de pago con tarjeta en los comercios

Posted on 24, October 2012 by

Constituirán una sociedad conjunta en la que Elavon tendrán el 51%, y Banco Santander, el 49% restante Madrid, 24-10-2012 — /europawire.eu/ — Banco Santander ha alcanzado hoy un acuerdo con Elavon, líder mundial en servicios de pago, para desarrollar conjuntamente en … Read the full press release →

Posted in Banks, Business, Financial, Retail, Spain

Ecomobilité Ventures annonce ses trois premières prises de participation

Posted on 24, October 2012 by

Paris, 24-10-2012 — /europawire.eu/ — Ecomobilité Ventures premier fonds d’investissement européen dédié à l’innovation dans la mobilité durable, annonce son entrée dans le capital des sociétés MOVE ABOUT, EZ WHEEL et ZILOK AUTO pour un montant global de 5 millions d’euros. … Read the full press release →

Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Transportation & Logistics

ING announces Management Board changes in Insurance/IM EurAsia

Posted on 24, October 2012 by

Amsterdam, 24-10-2012 — /europawire.eu/ — ING announced today the appointment of Delfin Rueda and Dorothee van Vredenburch as Members of the Management Board Insurance EurAsia (MBE) as of 1 November 2012. Within the MBE, Delfin Rueda will as Chief Financial Officer … Read the full press release →

Posted in Banks, Business, Financial, Insurance, Management, Netherlands

Joint debate on Multiannual financial framework 2014-2020

Posted on 24, October 2012 by

Maroš ŠEFČOVIČ Vice-President of the European Commission Responsible for Interinstitutional Relations and Administration Joint debate on Multiannual financial framework 2014-2020 Joint debate on Multiannual financial framework 2014-2020 Strasbourg,23 October 2012 Strasbourg, 24-10-2012 — /europawire.eu/ — Dear members, Thank you for the … Read the full press release →

Posted in Business, European Union, Financial, France, Government, Politics

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Banking supervision: an accountable system open to all

Posted on 24, October 2012 by

24-10-2012 — /europawire.eu/ — Draft banking supervision legislation tabled in the Economic and Monetary Affairs Committee on Monday would give national supervisors a greater role than do earlier Commission proposals, while at the same time retaining the European Central Bank’s power … Read the full press release →

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

Barclays appoints new Head of Manufacturing, Transport and Logistics

Posted on 24, October 2012 by

24-10-2012 — /europawire.eu/ — Barclays has appointed Mike Rigby as Head of Manufacturing, Transport and Logistics for the Corporate Banking division. In this role, Rigby will be responsible for growing the manufacturing, transport and logistics sector offering in the UK along … Read the full press release →

Posted in Banks, Business, Financial, Industrial, Management, Transportation & Logistics, United Kingdom

Achats responsables: le Groupe BPCE s’engage à développer ses achats vers le Secteur Adapté et Protégé

Posted on 24, October 2012 by

A l’occasion de son troisième colloque PHARE (Politique Handicap et Achats REsponsables) le Groupe BPCE affirme son engagement en matière d’Achats Responsables avec plus de 7 millions d’euros d’achats confiés au Secteur Adapté et protégé (SA&P). Paris, 24-10-2012 — /europawire.eu/ — Étape importante de … Read the full press release →

Posted in Banks, Business, Financial, France

Economics MEPs denounce member states’ repeated disregard for gender balance

Posted on 24, October 2012 by

24-10-2012 — /europawire.eu/ — The economic and monetary affairs committee voted on Monday to express its dissatisfaction with member states for repeatedly refusing to recognise the need for a better gender balance within the European Central Bank (ECB). It adopted a … Read the full press release →

Posted in Banks, European Union, Financial, Government, Society

ONS Retail Sales – Barclays comment

Posted on 24, October 2012 by

24-10-2012 — /europawire.eu/ — Richard Lowe, Head of Retail & Wholesale at Barclays comments on today’s ONS Retail Sales figures: “Seasonal weather is encouraging shoppers back into stores, as consumers pile on the layers ready for the winter months. The falling … Read the full press release →

Posted in Banks, Business, Financial, Retail, United Kingdom

Banque Populaire, « La banque qui donne envie d’agir » lance son nouveau film publicitaire « Relation », une réalisation du collectif berlinois Zeitguised, signée Euro RSCG C&O

Posted on 24, October 2012 by

Banque Populaire sort le 21 octobre le 5e volet de son territoire de marque lancé en juin 2011, un nouveau film sur le thème de la « Relation ». Un film qui présente la philosophie de Banque Populaire sur les valeurs humaines … Read the full press release →

Posted in Banks, Business, Financial, France, Marketing, Media

Thumbs down to European Council summit

Posted on 24, October 2012 by

The European Council missed an opportunity to take real decisions at its latest summit, said most of Parliament’s political group leaders on Tuesday. The EU needs more ambition from the Council on banking supervision and the long-term EU budget, and … Read the full press release →

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

Orange Poland, mBank and MasterCard Europe offer contactless payments through mobile phones with Orange Cash

Posted on 23, October 2012 by

Orange customers in Poland will be the first to be able to make payments with their phones. Orange Cash, is a new service with mBank and MasterCard Europe that allows all Orange Poland customers to buy products and services easily … Read the full press release →

Posted in Business, Financial, France, Internet & Online, Poland, Technology, Telecom