Monday, April 23, 2018
Redactor's Choice
You are here: Home / Categories / Economy & Finances (page 10)

Economy & Finances

ECB announces details of the corporate sector purchase programme (CSPP)


The Eurosystem’s collateral framework – the rules that lay down which assets are acceptable as collateral for monetary policy credit operations – will be the basis for determining the eligibility of corporate sector securities to be purchased under the CSPP. The following technical parameters will apply: - The programme will start in June 2016. - Outright purchases of investment-grade euro-denominated bonds issued by non-bank corporations established in the euro area will be carried out by six Eurosystem national central banks (NCBs): Nat... Read More »

Results of the Q2 2016 ECB Survey of Professional Forecasters (SPF)


They reported that the downward revisions mainly reflected oil price developments since the previous quarterly survey, conducted in January. However, respondents continue to expect a strong pick-up in inflation the course of 2016 and in 2017 once the impact of the oil price decline subsides. Average inflation expectations for 2017 and 2018 were 1.3% and 1.6% respectively. Respondents envisage a profile of moderate but gradually increasing underlying inflation, which is shaped by the ongoing expansion of economic activity (and the assumption tha... Read More »

Cargill’s Joe Stone Joins World Food Program USA Board of Directors


“We have reached a turning point – we need new collaboration to ensure a sustainable, food-secure future,” Stone said. “Cargill has been collaborating with the United Nations World Food Programme for more than 15 years in a global effort to nourish people,” he said. “I am delighted to be a part of WFP USA’s important work advancing short- and long-term solutions to fight hunger and malnutrition.” Stone is responsible for strategy and execution for Cargill’s animal nutrition businesses, which create nutrition for animals that provide milk,... Read More »

Results of the March 2016 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)


Overall credit terms offered to counterparties across the entire spectrum of securities financing and OTC derivatives transaction types became less favourable during the three-month reference period ending in February 2016. The tightening of credit terms was most pronounced for counterparties which are hedge funds and non-financial corporations. Credit terms are expected to tighten somewhat further over the next review period (i.e. between March and May 2016). For what concerns credit terms by collateral type, non-price terms, such as the ma... Read More »

Volkswagen Truck & Bus increases sales in first quarter


Volkswagen Truck & Bus has sold around 42,000 trucks and buses in the first three months of 2016, up 6% on the prior-year level. Since May 2015, the activities of MAN Truck & Bus, MAN Latin America — which generates the major part of its sales under the brand Volkswagen Caminhões e Ônibus — and Scania are bundled under the roof of Volkswagen Truck & Bus GmbH. In the first quarter of 2016, MAN Truck & Bus sold 18,940 units (+17%), MAN Latin America sold 4,670 units (-23%), and Scania 18,440 units (+5%). Volkswagen Truck &am... Read More »

BASF to increase prices for all Polyamide 6 and Polyamide 6.6 base polymers, Caprolactam and Adipic Acid in Europe


About BASF At BASF, we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 112,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of more than €70 billion in 2015. BASF shares are... Read More »

Porsche boosts revenue and profit by 25 percent


In early 2016, Porsche is already continuing the excellent results of the past year. “Porsche is also in the current year on a successful course”, said Blume. Deliveries in the first two months of the year increased to more than 35,000 vehicles. This represents 14 per cent growth over the prior year. Along with its sporty SUVs, the Macan and Cayenne, hopes also rest on the 911 sports car icon, the new 718 Boxster and 718 Cayman model line as well as the Panamera. Despite a positive start in 2016, Lutz Meschke, Deputy Chairman of the Executiv... Read More »

EU Grains-to-Pork Value Chains must Leverage Country Strengths


Strong price volatility in the grain & oilseed market, stagnating feed and animal protein demand in the EU, and the consolidation of global G&O traders have increased the pressure in the value chain. This has resulted in the geographical expansion of European compound feed players and the ongoing consolidation of the animal protein industry in the EU, according to Rabobank report Where Is the Upside in the European Grains-to-Pork Value Chains?: Leveraging Country Strengths. These factors will not weaken in the coming decades, forcing... Read More »

UNICEF participates in Supporting Syria and the Region conference


The 2016 UN inter-agency appeal for the Syria crisis totaled US$7.73 billion. An additional US$1.2 billion in funding is required by affected regional governments as part of national response plans. The London conference will set itself ambitious goals on education and economic opportunities to transform the lives of refugees caught up in the Syrian crisis – and to support the countries hosting them. UNICEF is a founding partner of the No Lost Generation Initiative, which brings together the UN, NGOs and international donors with the aim to ... Read More »

Russian gas exports to Austria grow by 76.2 per cent in January 2016

The parties highlighted that the long-term strategic cooperation between Russia and Austria in the oil and gas sector had been successfully developing for many decades. A continuous increase was noted in Russian gas supplies to Austria. Preliminary estimates indicate that in January 2016 the gas exports by Gazprom to the Austrian market grew by 76.2 per cent versus the same period of 2015. Throughout 2015 the gas deliveries rose by 11.5 per cent against 2014. Meeting between Alexey Miller and Reinhold Mitterlehner, Austrian Vice Chancello... Read More »

Scroll To Top