Search Results for: Sweden
Volkswagen Sued for $3.7 Billion in Germany Over Diesel Scandal
March 15th, 2016
Law firm filed case on behalf of 278 institutional investors Lawsuit argues VW disclosures to investors came too slowly Volkswagen AG is being sued for 3.3 billion euros ($3.7 billion) over the cover-up of its polluting diesel engines, its ...
Big U.S. banks to take on tech rivals with instant payments
March 9th, 2016
Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person’s account instantaneously by mobile phone. The idea has been in the works for ...
GDP up by 0.3% in the euro area and by 0.4% in the EU28
March 9th, 2016
Seasonally adjusted GDP rose by 0.3% in the euro area (EA19) and by 0.4% in the EU28 during the fourth quarter of 2015, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of ...
Bonnier Group selects Cognizant for finance and accounting services
March 7th, 2016
Bonnier Group selects Cognizant for finance and accounting services to drive costs down and lead competition in the digitised media landscape Cognizant(NASDAQ: CTSH) announced that it has been selected by Bonnier Group, the Nordic-headquartered international media group, to standardise ...
Economists warn of risks from negative interest rates
March 7th, 2016
Economists at a key central bank organization are warning of potential risks from the negative interest rates in place in Europe and Japan. Central banks in the eurozone, Denmark, Japan, Sweden and Switzerland have all taken rates below zero and ...
Microsoft, Google Join Rivals to Back Apple in FBI Fight
March 4th, 2016
Tech competitors argue privacy, security threatened in case San Bernardino shooting victim among those supporting Apple Tech giants including Microsoft Corp. and Google set aside often fierce rivalries to back Apple Inc. in its fight against a judge’s order ...
Deutsche Bank: It’s time to buy gold
February 29th, 2016
Gold is still expensive, but rising economic risks and market turmoil mean investors should buy it for insurance, Deutsche Bank said Friday. The recovery since the global and European financial crises had put theprice of gold under some pressure. The ...
LSE chief Rolet to retire after Deutsche Börse merger
February 29th, 2016
Carsten Kengeter to take over as chief executive of the combined group, which will be a UK plc domiciled in London The planned merger of the London Stock Exchange with Germany’s Deutsche Börse will result in a company with its main ...
How digital is your country? New figures show action needed to unlock Europe’s potential
February 25th, 2016
From connectivity and digital skills to public services, EU countries have made progress since last year which marked the launch of the Digital Single Market Strategy by the European Commission. Today the European Commission published the results of the ...
MWC 2016: Mastercard rolls out selfie ID checks
February 25th, 2016
Credit card firm Mastercard has confirmed it will accept selfie photos and fingerprints as an alternative to passwords when verifying IDs for online payments. It follows a trial of the software carried out in the US and Netherlands last ...