Search Results for: Europe
Saudi Arabia Cuts Oil Prices in Europe as Iran Ramps Up Exports
June 6th, 2016
Saudi Arabia on Sunday cut its oil prices to Europe, signaling mounting competition after OPEC failed to cap its output amid Iran’s exports ramp up. In an email sent to customers, state oil company Saudi Aramco said it had ...
Multinational law firm revelaed plan for expansion in Europe
June 6th, 2016
Fieldfisher goes for growth in Europe with new strategy The firm has lifted the curtain on its new three-year strategic plan, with expansion of its European offices firmly on top of the agenda. The new strategy will see Fieldfisher ...
Spain is the first country in Europe to introduce Samsung Pay contactless payments
June 6th, 2016
Samsung Electronics today has announced the launch in Spain of Samsung Pay, a secure and simple mobile payments service that works anywhere you can pay with a contactless credit or debit card. Spain is the first country in Europe ...
European stocks seen higher, focus switches to US jobs
June 3rd, 2016
European stocks opened higher on Friday as investors turned their attention to a key U.S. jobs report that could hold the key to a Federal Reserve interest rate hike this month. The FTSE opened 0.5 percent higher, the German ...
The European Central Bank keeps key interest rates at historic lows
June 2nd, 2016
The European Central Bank held key interest rates at historic lows Thursday, but made no announcement regarding Greece despite speculation it may offer a helping hand to its cash-strapped banks. Meeting in the Austrian capital instead of its usual ...
European economy: 19,000 jobs created, 4000 new startups and €480 million raised by Europe’s largest innovation network
June 2nd, 2016
The European BIC Network publicly launches today (2 June) its ‘EU|BIC Impact Report 2016’ confirming another year of positive support for Europe’s businesses. This report compiled from quantitative and qualitative data demonstrates the added value EU|BICs create in the ...
European stocks suffer 2nd straight fall
June 2nd, 2016
European stocks finished lower Wednesday, with mining shares among the biggest laggards after lackluster Chinese manufacturing data underscored worries about the health of the world’s second-largest economy. The Stoxx Europe 600 SXXP, -0.96% fell 1% to end at 344.12. Among financials, UniCredit ...
Global Payments and CaixaBank finalize joint venture with Erste Group in General and Eastern Europe
June 2nd, 2016
Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology services, and CaixaBank, Spain’s largest bank by market share, announced today the completion of the formation of a joint venture with Erste Group Bank AG (Erste Group), ...
European car manufacturers face fines of up to €2 billion
May 30th, 2016
Several European car manufacturers have hefty fines hanging over their heads if they are unable to meet the new emission standards set by the European Union. Those with a cloud around their performance include Jaguar Land Rover, BMW, Volkswagen, ...
Portugal is Europe’s next looming economic disaster
May 30th, 2016
Earlier this week, Spanish newspaper El Pais reported that Portugal’s largest bank, Caixa Geral de Depósitos (CGD), an institution that holds nearly one-third of all deposits in the country, is on the brink of destruction following a horrendous first ...
