Search Results for: EU
How European Union households energy consumption covered; electricity 25%
March 30th, 2017
Lighting, heating, transport, industrial output: energy is vital for essential day-to-day services, without which we and our businesses cannot function. Turning on our computers or starting our cars are actions that we take for granted, yet they represent the ...
EU Commission blocks proposed merger between Deutsche Börse and London Stock Exchange
March 29th, 2017
The European Commission has prohibited the proposed merger between Deutsche Börse AG and London Stock Exchange Group under the EU Merger Regulation. The Commission’s investigation concluded the merger would have created a de facto monopoly in the markets for ...
6 percent of Europeans shop online every day
March 29th, 2017
Europeans are quite active in the ecommerce market. One in four Europeans with internet access shopped online at least once a week last year, while over 60 percent shopped online once a month. And 6 percent of Europeans shop ...
Deutsche Bank and its UK subsidiary to pay $775 million penalty
March 29th, 2017
DB Group Services (UK) Limited (DBGS), a wholly owned subsidiary of Deutsche Bank AG (Deutsche Bank), was sentenced today for its role in manipulating London Interbank Offered Rates (LIBOR) for U.S. Dollar and several other currencies. LIBOR is a ...
The different industrial sectors in EU; In which sectors volume increased and decreased
March 27th, 2017
Between 2010 and 2016, the volume of industrial production increased by 5.6% in the European Union (EU). However, significant growth differences across different sectors exist (see graph below). Highest growth for manufacture of motor vehicles and pharmaceutical products With ...
The Pound to Euro exchange rate could well fall to 1.0 warn analysts
March 27th, 2017
Pound to Par the Euro on Tumultuous Brexit Journey The Pound to Euro exchange rate (GBP/EUR) could well fall to 1.0 warn analysts at a leading European investment bank. Economists at Deutsche Bank have updated clients with their Brexit ...
European banks stashing billions in tax havens
March 27th, 2017
Europe’s largest banks are draining public coffers by stashing billions of profits offshore. A 52-page report, by international aid agency Oxfam out on Monday (27 March), estimates €25 billion of banker money ended up in tax havens in 2015. ...
Euronext launches a new thematic Index
March 24th, 2017
Euronext and Vigeo Eiris today launched the CAC 40® Governance Index, a thematic index that rates companies in the Paris market’s benchmark CAC 40 index on their corporate governance performance. The CAC 40® Governance Index takes the constituent stocks ...
European Commission published consultation on FinTech
March 24th, 2017
Consumer Financial Services Action Plan: Better products and more choice for European consumers The European Commission is today presenting an Action Plan that sets out ways to provide European consumers with greater choice and better access to financial services ...
Pound Sterling Jumps Against Euro, Dollar
March 23rd, 2017
The UK consumer is back, and the British Pound likes it. The ONS has reported on Thursday, March 23 that UK retail sales grew 1.4% in February in what amounts to an impressive recovery on the 1.3% contraction witnessed ...
