Germany's medium-term economic growth prospects weak, however, reflecting long-standing structural challenges, says rating agency. Fitch Ratings said it affirmed Germany's long-term foreign-currency issuer default rating at AAA with a stable outlook. The rating reflects Germany’s diversified, high value-added economy and strong...
Trillions of US dollars of bank finance to fossil fuel companies is being routed via opaque financial centres in several countries, including the Netherlands, research published. The study by Tax Justice Network, which campaigns against tax havens, highlights a lack...
Ellomay Capital Ltd. (“Ellomay” or the “Company”), a renewable energy and power generator and developer of renewable energy and power projects in Europe, Israel and the USA, reported that its wholly-owned subsidiary, Ellomay Holdings Luxembourg Sarl (“Ellomay Luxembourg”), which...
Partnership enables lenders to launch Eltropy’s messaging tools directly from Sync 1’s LOS, facilitating efficient conversations throughout the lending process. Eltropy, the leading AI-powered conversations platform for community financial institutions (CFIs), announced an integration with Sync 1 Systems, a provider...
Fragmentation can lead to ‘unwelcome concessions being extracted by foreign countries’. The EU should pursue “enhanced co-ordination” regarding FDI lest single members be strongarmed by investors from abroad, former ECB governor Mario Draghi argues in his report outlining a new...
Australian agriculture is set to benefit this financial year, as the gross value of agricultural production is forecast to increase by 4%. The ABARES Agricultural Commodities and Crop Reports show a significant growth in the sector, from $82.5 billion in...
J.P. Morgan Payments and Oracle enhance existing cloud enterprise resource planning (ERP) integration with new solutions across Oracle platforms. J.P. Morgan Payments today announced new and enhanced product integrations connecting to the Oracle ecosystem, making it easier for clients to...
Trina Solar (Luxembourg) Holdings S.A.R.L., a subsidiary of Trina Solar Co., Ltd., has secured a €150 million revolving credit facility from Banco Santander to accelerate the growth of its downstream division, Trinasolar International System Business Unit ('ISBU') focusing on...
Today Swift outlined its vision for digital assets and payments. That includes potentially supporting the settlement of digital asset transactions using the Swift network. However, the first step will be to enable “multi-ledger Delivery-versus-Payment (DvP) and Payment-versus-Payment (PvP) transactions on...
Productivity for US tech companies surged nearly 40% since 2005 but little changed for European companies, says report. Companies in the EU grow and innovate less than their American counterparts, according to the International Monetary Fund (IMF) on Wednesday. The report...
