RSS   Newsletter   Contact   Advertise with us

Business : Page 1446

Spain launches Castor, first venture financed by EU project bonds
Spain CastorSeptember 5, 2013 ET
A large offshore submarine gas storage facility in Spain was the first in Europe to issue "project bonds" for a total of 1.4 billion euros, three years after the idea was launched by European Commission President Jose Manuel Barroso.
Broadband in Europe is a mess
Neelie KroesSeptember 5, 2013 ET
European Commission Vice President Neelie Kroes has slammed the "regulatory mess" affecting broadband in a warm up to forthcoming proposals to shake up the sector, which will form part of the new Single Market for Telecommunications.
BRICS bank project struggles with difficulties
BRICSSeptember 5, 2013 ET
The BRICS bloc of large, emerging economies has agreed on the structure of a proposed development bank with $50 billion in capital, but ironing out "difficult" details may take months, Russian Deputy Finance Minister Sergei Storchak said.
U.S. banks earned 22.6% more than last year
U.S. banksSeptember 4, 2013 ET
United States commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported aggregate net income of $42.2 billion in the second quarter of 2013, a $7.8 billion (22.6%) increase from the $34.4 billion a year earlier.
Goldman Sachs: European banks could leave London
Michael SherwoodSeptember 4, 2013 ET
European banks would leave London "in very short order" if Britain voted to exit the European Union, said Goldman Sachs' vice-chairman Michael Sherwood. Talk of Britain turning its back on its biggest trading partner intensified in January.
Europe threatened by greater water risks
Europe waterSeptember 4, 2013 ET
In Europe, the outlook for water-related disasters over the coming decades is bleak due to stress on water systems, increased demand and pollution, says a report by the Organisation for Economic Co-operation and Development (OECD).
Brazilian manufacturing continues to deteriorate
Brazilian manufacturingSeptember 4, 2013 ET
Brazilian manufacturing business conditions continued to deteriorate in August, with further declines in output and new orders reported by monitored companies. The reduction in new work intakes led firms to reduce payroll numbers further.
Canada manufacturing modestly improving
Canada manufacturingSeptember 4, 2013 ET
Canada's manufacturing expansion was sustained for a fifth consecutive month in August, but the rate of growth was modest and below average, according to the RBC Canadian Manufacturing Purchasing Managers' Index (RBC PMI).
IDC: Tablets to ship slower than expected
TabletsSeptember 3, 2013 ET
Faced with growing competition from larger smartphones and new categories such as wearable devices, International Data Corporation (IDC) Worldwide Quarterly Tablet Tracker modestly lowered its tablet forecast for 2013 and beyond.
Big data market to jump from $14.87bn to $46.34bn
Big dataSeptember 3, 2013 ET
The global big data market is forecast to show a compound annual growth rate of 26 percent, jumping from $14.87 billion this year to $46.34 billion by 2018, according to a new report from research firm MarketsandMarkets.
Aviation will need one million new pilots and technicians
Flight crewSeptember 3, 2013 ET
Boeing projects the commercial aviation industry will need more than one million new pilots and technicians to support the expanding demand for new airplane deliveries over the next 20 years.
World Bank helping trade in the MENA region
MENASeptember 3, 2013 ET
IFC, a member of the World Bank Group, is promoting trade in the MENA region to help the economic integration of the region. The GTFP program offers global and regional banks guarantees covering payment risk and letters of credit for trade related transactions.