Search Results for: Germany
How fake smartphones affect the sales of smartphones; Billions lost
March 2nd, 2017
A new report from the European Union Intellectual Property Office (EUIPO), in collaboration with the International Telecommunication Union (ITU), estimates that 184 million fewer smartphones were sold by the legitimate industry in 2015, due to the presence of counterfeit ...
Eurozone Private Sector Expands Most Since 2011
March 1st, 2017
Eurozone manufacturing activity gathered further momentum in February but the pace of growth was slightly slower than the initial estimate, final data from IHS Markit showed Wednesday. The manufacturing Purchasing Managers’ Index rose to 55.4 in February from 55.2 ...
Bank of Israel keeps the interest rate unchanged
February 28th, 2017
Inflation data: The Consumer Price Index for January declined by 0.2 percent, in line with the average of forecasters’ projections. There were seasonal declines this month in the clothing and footwear component (9.2 percent), in the housing component (0.5 ...
Visa to Launch First Everywhere Initiative in Europe
February 28th, 2017
Today, Visa announced that the Everywhere Initiative, an innovation program designed to encourage the development of the “next big thing” in payments, will expand into Europe. Entrants in Visa’s first-ever European Everywhere Initiative will have the opportunity to compete ...
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 ...
DFSA Signs MoU with European Securities and Markets Authority
February 23rd, 2017
The Dubai Financial Services Authority (DFSA) and the European Securities and Markets Authority (ESMA) have entered into information sharing and cooperation arrangements regarding DIFC based central counterparties (CCPs) compliance with conditions set out in The European Union’s Market Infrastructure ...
How Many Euro Crises Will This Make? It’s Getting Hard To Keep Track
February 23rd, 2017
Every few years, it seems, one or another mismanaged eurozone country falls into one or another kind of crisis. This leads to speculation about the end of the common currency, which in turn spooks the global financial markets. Then ...
Which country in Europe is the largest energy consumer and which are the least dependent
February 22nd, 2017
Energy consumption in the EU below its 1990 leveL… but EU dependency on fossil fuel imports on the rise In 2015, gross inland energy consumption, which reflects the energy quantities necessary to satisfy all inland consumption, amounted in the ...
Thomson Reuters provides Financial Markets with European Elections News and Analysis
February 22nd, 2017
Thomson Reuters has launched a dedicated app on its flagship desktop product Eikon that provides financial professionals with a one-stop location for market and economic data, news, and analysis leading up to and after the 2017 elections in The ...
Malta’s new draft law raises concerns over internet freedom
February 22nd, 2017
Several thousand people took to the streets of Malta on Sunday (19 February) to protest against a new bill that is expected to force online news sites to register with the government. The protest, organised by Malta’s opposition Nationalist ...
