Europe

Results for Europe

Mario Draghi Says Low ECB Interest Rate A Spur To Investment

to lower its benchmark main refinancing rate to zero. The ECB also has a deposit rate of minus 0.4 ...

Daily Headline - global.abi.org - 05/02/2016 - 21:03 - 0 comments

Coal Miner NWR Faces Insolvency Or Buyout At Lower Price

New World Resources' (NWR) loss-making coal mining division OKD will have to file for insolvency unless the government can agree a deal with its owners to take the company over at a lower price, Czech Industry Minister Jan Mladek said on Monday. NWR ...

Daily Headline - global.abi.org - 05/02/2016 - 21:04 - 0 comments

German Payment Provider Paymill Files For Preliminary Insolvency

Paymill, a one-stop solution which enables merchants to easily accept credit and debit cards, announced it made the decision to go for a preliminary insolvency in self-administration. With this decision, the German online payment provider hopes to bring ...

Daily Headline - global.abi.org - 05/02/2016 - 21:05 - 0 comments

Norway’s Oil Fund To Target High Executive Pay Votes

The world’s biggest sovereign wealth fund is launching a crackdown on executive pay, targeting high salaries at companies around the globe in an attempt to exert its influence in a debate that has been gathering pace in recent months. Norway’s $870bn oil ...

Daily Headline - global.abi.org - 05/01/2016 - 21:00 - 0 comments

Cameron Needs More Than a Narrow Win to Resolve Brexit Debate

When British Prime Minister David Cameron decided to call a referendum on the U.K.’s membership in the European Union, he did so in the belief that it would settle the question once and for all. Deep divisions over the issue in Britain and within Mr. Cam ...

Daily Headline - global.abi.org - 05/01/2016 - 21:02 - 0 comments

Spanish Unemployment Up Slightly But Officials Remain Positive

year, to 4.79m. The total number of employed workers fell by 64,400 to 18.03m, still more than 2m below ... first three months of the year, to 4 ...

Daily Headline - global.abi.org - 04/28/2016 - 21:19 - 0 comments

Bank Of Italy Says Draft Law Could Cut Credit Recovery Process To 7-8 Months

The Bank of Italy has calculated that a draft law allowing creditors to recover bad debts without involving the court system could drastically reduce the length of time the process requires, a source familiar with the matter said. Italian banks are groan ...

Daily Headline - global.abi.org - 04/28/2016 - 21:19 - 0 comments

India Asks UK To Deport Embattled Tycoon Mallya

London last month as bankers pressed him to repay about $1.4 billion owed by his defunct Kingfisher ... Group of using 4.3 billion rupees ($64.5 million) of bank loans to Kingfisher to buy property overseas. ... Vijay Mallya, the liquor tycoon who flew to London last month as bankers pressed him to repay about $1.4 ...

Daily Headline - global.abi.org - 04/28/2016 - 21:20 - 0 comments

Pro-‘Brexit’ Economists Make Case for U.K. Exit From EU

the EU and could be as much as 2% larger by 2020 if it left—and as much as 4% larger after 10 to 15 ...

Daily Headline - global.abi.org - 04/28/2016 - 21:21 - 0 comments

BHS Administrator Receives "Around 50" Expressions Of Interest

The administrator to BHS, the British department store group that is battling to stay in business, has received "around 50" expressions of interest for all or various parts of the retailer, a source with knowledge of the process said on Thursda ...

Daily Headline - global.abi.org - 04/28/2016 - 21:21 - 0 comments

Syndicate content