The BMW Group met its targets for 2022, as forecasted, and thus delivered a strong operating performance in a difficult business environment. The premium manufacturer significantly increased Group EBT (€ 23,509 million/ +46.4%) and net profit...
PDF download Europe must raise productive investment spending significantly if it is to keep pace with global competition and meet net-zero goals, according to the EIB Investment Report 2022-2023 published today. The gap in productive investment...
CAKE, the Swedish maker of premium, lightweight, electric motorcycles enters a financial partnership agreement with FCA Bank. The bank with almost a hundred years of experience in car financing, leasing and mobility, will offer financial solutions...
The global economy at a crossroads The global economy is at an inflection point, as major central banks continue their efforts to stifle inflation. Gold’s performance in the new year will be shaped primarily by economic...
High-performing companies view ESG as value creator, with senior executive accountability Increased ESG investment correlates with higher profits, according to new research from the Infosys Knowledge Institute, the thought leadership and research arm of Infosys (NSE: INFY) (BSE: INFY)...
The renowned Banking Tech Awards awarded TerraPay, a leading global payments infrastructure company, with the ‘Best use of Data’ award for the year 2022. Over the last 23 years, the Banking Tech Awards has been recognising...
Why is the Commission putting forward this package? The current EU VAT system for intra-EU trade is almost 30 years old and, despite some recent improvements, has not kept pace with technological advances, the digital economy,...
First project in the SEMED region to incorporate the EBRD’s Paris alignment methodology in the financial sector Second EBRD, Basel-III-compliant subordinated loan in Jordan to Bank al Etihad Funds to support businesses, individuals and women-led MSMEs...
The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are bolstering their support for Lebanon’s private sector, with a new advisory programme that aims to help small and medium-sized enterprises (SMEs) to...
Amid cascading crises and inequalities, developing countries face major challenges with a complex creditor base as borrowing burdens increase and risks of debt distress grow. Stronger multilateral solutions are urgently needed to tackle the debt crisis...
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