Search Results for: European countries
Bundesbank posts distributable profit of €0.4 billion in 2016
February 24th, 2017
The Bundesbank posted a profit of €1.0 billion for the 2016 financial year, compared with €3.2 billion in 2015. Owing to an allocation to the reserves, the remaining distributable profit amounted to €0.4 billion and was transferred in full ...
OECD: The Portuguese economy is gradually recovering from a deep recession
February 8th, 2017
The Portuguese economy is gradually recovering from a deep recession thanks to a broad structural reform agenda that has led to rising economic growth, falling unemployment and remarkable progress in export performance. Maintaining momentum for further reforms is crucial ...
Asian Equities Decline While Aussie, Kiwi Advance
February 7th, 2017
Gold eases after three-day advance, Treasuries continue gains Yen fluctuates after touching highest level since November Asian stock markets were mixed and the dollar strengthened as investors eased up after political uncertainty sent them toward haven assets. The Aussie ...
Malta issued license to leading fantasy sports platform
February 3rd, 2017
DraftKings, the world’s largest skill-based daily fantasy sports (DFS) platform, today announced that they have been granted a Controlled Skill Games License from the Malta Gaming Authority (MGA) which will enable the company to operate in additional European countries. ...
Is Europe Headed For A Political And Financial Crisis In 2017?
January 23rd, 2017
Is Europe Headed For A Political And Financial Crisis In 2017? While most eyes are on the dramatic shifts possible for U.S. economic policy as Donald Trump is sworn in as president on January 20, similarly deep political currents ...
Daimler Financial Services acquires PayCash Europe SA
January 18th, 2017
PayCash Europe SA will become the electronic payment system for services provided by the Daimler Group under the new “ Mercedes pay” brand name “Mercedes pay” enables payments on-the-go with a smartphone Bodo Uebber, Member of the Board of ...
Emerging Payments Association Board strengthened by global industry leaders
December 13th, 2016
Payments leaders from Saxo Payments, Modulr, Global Risk Technologies, Bacs, and The Just Loans Group elected to join the ranks and widen the expertise of the Emerging Payments Association (EPA) Advisory Board to advance payments innovation The Emerging Payments ...
PCAOB Enters Into Cooperative Agreement with Italian Audit Regulator
November 30th, 2016
The Public Company Accounting Oversight Board today announced that it has entered into a cooperative agreement with the Italian audit oversight regulator Commissione Nazionale per le Società e la Borsa (CONSOB). The agreement allows for cooperation between the PCAOB ...
Nonstandard Employment Around the World
November 21st, 2016
Standard employment refers to a situation where a worker has a full-time job, and can presume an ongoing relationship with the employer. Non-standard employment describes other kinds of jobs: daily, seasonal, short-term contract, part-time, temporary agencies,and others. Sometimes non-standard ...
PayPal reports revenue increased 18% to $2.667 billion for Q3
October 24th, 2016
Revenue increased 18% to $2.667 billion, 21% FX-neutral revenue growth GAAP EPS increased 8% to $0.27 and non-GAAP EPS increased 14% to $0.35 Global technology platform and digital payments leader PayPal Holdings, Inc. (Nasdaq: PYPL) announced strong third quarter ...