Seven-year exclusive distribution agreement to underwrite general insurance products under the TSB brand through 600 branches and digital platforms 4.7 million TSB customers to benefit from modular home insurance that allows them to design their own insurance package Consolidates Aviva’s … Read the full press release
Posted in Business, Insurance, Management, United Kingdom
Tagged Aviva, general insurance products, Maurice Tulloch, Paul Pester, TSB
Joint press release by Siemens, Basel Institute on Governance, United Nations Global Compact and the Organization for Economic Cooperation and Development Three year funding of nearly US$4 million under the Siemens Integrity Initiative, supporting organizations and projects that are fighting … Read the full press release
Mercedes-Benz hands over 149,753 vehicles to customers in July (+15.2%). Ola Källenius, Member of the Board of Management of Daimler AG, responsible for Mercedes-Benz Cars Marketing & Sales: “We passed the one-million mark already in July. Never before have we … Read the full press release
Posted in Automotive, Financial, Germany, Management
Tagged Mercedes-Benz, Ola Källenius
BRUSSELS, 7-8-2015 — /EuropaWire/ — Ageas today confirms exclusive negotiations and intention to acquire AXA’s share in its Portuguese insurance operations for a total consideration of EUR 190.8 million¹ AXA’s Portuguese operations comprise a Non-Life business (99.7% stake), a Direct/internet … Read the full press release
Posted in Belgium, Business, Financial, France, Insurance, Management, Portugal
Tagged Ageas, AXA, Portuguese insurance operations, Steven Braekeveldt
PARIS, 7-8-2015 — /EuropaWire/ — AXA announced today that it has received an irrevocable offer from Ageas for the potential sale of its Portuguese operations, including in particular its entire stake in AXA Portugal Companhia de Seguros SA (“P&C Business”), … Read the full press release
Posted in Business, France, Insurance, Management, Portugal
Tagged Ageas, AXA, AXA’s Portuguese operations, Jean-Laurent Granier
Shell has signed an agreement to sell its 75% stake in Tongyi Lubricants in China to Huo’s Group and The Carlyle Group. The transaction is expected to complete by late 2015 or early 2016, subject to regulatory approvals. THE HAGUE, … Read the full press release
Posted in Automotive, Chemicals, Management, Netherlands
Tagged Huo’s Group, Shell, The Carlyle Group, Tongyi Lubricants
LONDON, 7-8-2015 — /EuropaWire/ — SABMiller has appointed Johann Nel as Group Human Resources Director with effect from 14 September 2015, in succession to Tony van Kralingen, whose intended retirement was announced in April 2015. Johann is currently running his … Read the full press release
Posted in Business, Food & Beverage, Management, United Kingdom
Tagged Alan Clark, Johann Nel, SABMiller, Tony van Kralingen
El informe analizado por SOLUNION, que monitoriza 72 países, destaca los sectores Farmacéutico y Agroalimentación como los de mejor perfil de riesgo. Metal y Construcción son los sectores que mayores retos enfrentan, con una calificación global Sensible. MADRID, 6-8-2015 — /EuropaWire/ … Read the full press release
Posted in Business, Insurance, Management, Spain
Tagged Las insolvencias disminuirán en España un 18% en 2015, Solunion
Milan and London, 6-8-2015 — /EuropaWire/ — Mediobanca SpA (“Mediobanca”) and Cairn Capital Group Ltd (“Cairn Capital”) have agreed terms for a strategic partnership in which Mediobanca will acquire a majority interest in the London-based, credit asset management and advisory … Read the full press release
Sales currency related up by 4.3% to €3.4 billion, despite market driven lower prices and volumes Gross profit margin down from 19.3% to 18.6% due deteriorating steel prices in the US and Switzerland; EBITDA before restructuring expenses accordingly down from … Read the full press release
Posted in Business, Financial, Germany, Industrial, Management, Metals and Minerals
Tagged Gisbert Rühl, Klöckner & Co SE
BERLIN, 6-8-2015 — /EuropaWire/ — In July, airberlin increased its load factor, which can be attributed to a consistent capacity consolidation. In this popular holiday month, a total of 3,247,357 passengers traveled with airberlin. The decrease in the number of … Read the full press release
Posted in Business, Management, Transportation & Logistics, Travel
Tagged airberlin, Stefan Pichler
BERNE, 6-8-2015 — /EuropaWire/ — SIX and Swisscom are working towards a strategic partnership to establish a Switzerland-wide, universal mobile payment solution in collaboration with banks. The basis for this partnership has been established in May 2015 when SIX, UBS … Read the full press release
Posted in Banks, Financial, Management, Switzerland, Telecom
Tagged SIX, Swisscom, universal mobile payment solution, Urs Schaeppi
LONDON, 6-8-2015 — /EuropaWire/ — Tokio Marine Kiln, the leading provider of specialist and corporate insurance, has appointed Louis Robertson as Fine Art and Specie Underwriter in its London office. Louis brings more than a decade of experience in Fine … Read the full press release
Posted in Business, Insurance, Management, United Kingdom
Tagged Louis Robertson, Peter Merton, Tokio Marine Kiln
HOUSTON, 6-8-2015 — /EuropaWire/ — Wood Group Mustang has released the ENVision real-time environmental information management software system for process and industrial plants. The system provides emissions monitoring, troubleshooting, data gathering, interpretation and complete reporting to regulatory agencies. ENVision constantly … Read the full press release
Saxo Bank, the online multi-asset trading and investment specialist, today announces the appointment of Søren Kyhl as Chief Operating Officer (COO) and member of the Management Board effective from January 1st 2016. COPENHAGEN, 6-8-2015 — /EuropaWire/ — Saxo Bank, the … Read the full press release
Posted in Banks, Business, Denmark, Financial, Management
Tagged Saxo Bank, Søren Kyhl
Higher revenue and a significant rise in earnings due to positive operating results and non-recurring effects Revenue goes up from EUR 2.83 billion in the first quarter of 2014/15 to EUR 3.0 billion in the quarter under review, an increase … Read the full press release
Posted in Austria, Business, Financial, Management, Metals and Minerals
Tagged voestalpine Group, Wolfgang Eder
Vilnius, Lithuania, 5-8-2015 — /EuropaWire/ — During the first half of Y2015, the consolidated turnover of MAXIMA GRUPĖ companies grew 2.6 per cent as compared with the same period last year, and reached 1.28 billion Eur without VAT. This year it … Read the full press release
Posted in Business, Financial, Lithuania, Management, Retail
Tagged MAXIMA GRUPĖ, Neringa Janavičiūtė
Poschiavo, Switzerland, 5-8-2015 — /EuropaWire/ — The predictions accompanying publication of Repower’s last annual results − that with energy prices low and the Swiss franc so strong, the market environment would continue to be challenging in 2015 − have proven … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Infrastructure & Utilities, Management, Switzerland
Tagged low energy prices, Repower, strong Swiss franc
LONDON, 5-8-2015 — /EuropaWire/ — Today, Standard Chartered Bank announces the appointment of Mark Smith, 53, as its new Group Chief Risk Officer. Mark will join the Bank in January 2016, and will be based in London. In his new … Read the full press release
Posted in Banks, Business, Financial, Management, United Kingdom
LONDON, 5-8-2015 — /EuropaWire/ — Standard Chartered Bank releases its 2015 half year results Reported results Operating income of $8,495 million is down 8 per cent from H1 2014, primarily driven by currency translation, business divestments and mark to market valuations … Read the full press release
Posted in Banks, Business, Financial, Management, United Kingdom
Tagged Bill Winters, Sir John Peace, Standard Chartered Bank
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