Search Results for: German
Volkswagen sued by US watchdog over false ‘Clean Diesel’ claims
March 30th, 2016
Federal Trade Commission alleges Volkswagen deceived customers by selling cars based on fraudulent claims that they were environmentally friendly A federal consumer watchdog sued Volkswagen on Tuesday, charging the company made false claims in commercials promoting its “Clean Diesel” ...
How was the business activity in Eurozone the first three months of 2016
March 24th, 2016
Euro zone businesses end first quarter on brighter note March flash euro zone composite PMI 53.7 * Composite PMI above all forecasts in Reuters poll * Firms cut prices again this month * German surveys show sentiment improved in ...
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 ...
These Eight EU Countries Are in the Budget Danger Zone
March 21st, 2016
When it comes to fiscal discipline in the European Union, three is the magic number. That’s a deficit limit of 3 percent of GDP, and five EU states will make the budgetary bad books this year by breaching that level, according ...
China Construction Bank authorised as trading and direct clearing participant
March 18th, 2016
China Construction Bank (CCB) Frankfurt Branch received authorisation as a trading and direct clearing member to the cash and derivatives markets operated by Deutsche Börse Group. This further contributes to the accessibility of the German and European capital market ...
Robot law: Deloitte estimates automation to cut legal sector jobs by 39% over the next two decades
March 17th, 2016
A new report released by Deloitte is warning law firms to prepare for changes as the rise of automation is likely to cut legal sector jobs by 39% over the next two decades. The report titled ‘Developing legal talent: ...
Deutsche Bank and Bank of China implement interbank host-to-host platform for Bosch China
March 16th, 2016
Deutsche Bank and Bank of China today announced the implementation of an interbank host-to-host platform between the two banks to provide cash management services to Bosch China. With this solution, Deutsche Bank has become the first foreign bank in ...
Societe Generale’s acquisition deal to create one of the UK’s largest private banking groups
March 16th, 2016
Soc Gen buys out Kleinwort Benson to create UK banking giant Societe Generale has agreed to purchase Kleinwort Benson and will integrate the company into Societe Generale Private Banking Hambros to create one of the UK’s largest private banking ...
Interview with The Guardian
March 15th, 2016
Interview with Mario Draghi, President of the ECB, conducted by Shiv Malik on 18 February 2016 and published on 11 March 2016 What does the ECB’s own research on incomes and younger generations say? During the great recession, the young ...
OECD: Greece will be on the top of countries regarding taxes withheld from salaries and pensions
March 15th, 2016
Taxes take half of high salaries The government will send Greece to the top of the chart among the countries of the eurozone and the Organization for Economic Cooperation and Development (OECD) in terms of taxes withheld from salaries ...
