Search Results for: Europe
European stocks slip at the open as oil falls
April 11th, 2016
European markets opened lower, following a mostly negative lead from Asia, as the oil price reversed its positive moves to trade in the red. The pan-European STOXX 600 was down 0.3 percent. Asia markets were mostly lower on Monday morning although Chinese ...
Presentation of the ECB Annual Report 2015 to the Committee on Economic and Monetary Affairs of the European Parliament
April 8th, 2016
Vítor Constâncio, Vice-President of the ECB presented the ECB’s 2015 Annual Report. Below is the presentation as it was published: Mr Chairman, Honourable Members of the Committee on Economic and Monetary Affairs, Ladies and gentlemen, I am honoured to ...
MasterCard Digital Enablement Service Propels Growth of Secure Digital Transactions across Europe with More than 60 Projects Underway
April 6th, 2016
The adoption of digital payments continues to grow worldwide with MasterCard predicting that by 2020, 38 percent of payments made throughout Europe will be digital. This shift in consumer behavior will be powered safely and securely by the MasterCard Digital ...
Saxo Payments launches industry white paper at Money2020 Europe
April 5th, 2016
Saxo Payments, the global transactions services provider has today launched a white paper revealing the results of exclusive research into the cross border payments industry. Those surveyed included issuers, acquirers and PSPs as well as merchants, for a rounded view of ...
Central Europe’s manufacturers maintain momentum despite German slowdown
April 1st, 2016
Central European manufacturing continued to grow in March as a jump in Polish factory activity managed to offset slower growth from Germany, the region’s main trade partner. The former communist countries of the European Union’s eastern wing rely on ...
A Brexit will have a negative impact on the British, European and world economies
March 31st, 2016
Brexit will hurt world economy: US Treasury chief If Britain exits the European Union it will have a negative impact on the British, European and world economies, US Treasury Secretary Jacob Lew warned Tuesday. Britons are set to vote ...
Euronext completes Interbolsa migration to Pan-European securities settlement platform TARGET2-Securities
March 31st, 2016
Euronext announces that the Portuguese Central Securities Depository Interbolsa, a subsidiary of Euronext Lisbon, has successfully completed the migration to TARGET2-Securities (T2S), one of the largest infrastructure projects launched by the European Central Bank – Eurosystem so far, which ...
While global response to BEPS is cautious, Europe is increasingly leading the drive toward implementation
March 29th, 2016
Despite recent moves to formalize global tax reform, many jurisdictions are in fact reducing corporate income tax burden and rates While Europe leads BEPS implementation, most jurisdictions are yet to respond 69% cite new transparency requirements as key implementation ...
Multinational law firm to cut 15% of Europe and Middle East partnership
March 24th, 2016
Asia-headquartered global firm King & Wood Mallesons is cutting 15% of partners in its Europe and Middle East practice as part of a restructuring. The cut will mean that up to 24 of the firm’s 160 partners will depart. ...
Dollar rises as Brussels attacks weaken European currencies
March 23rd, 2016
Dollar rises as euro weakens; yen rises on risk aversion Sterling off 1 pct on fears of rising ‘Brexit’ possibility Dollar index extends rebound from five-month trough The dollar rose on Tuesday as the euro and sterling weakened following ...