International Finance

Tag : Belgium

Economy

EU and Canada sign historic free trade agreement

CETA was almost derailed by objections from the Wallonia region in Belgium November 4, 2016: Canadian Prime Minister Justin Trudeau flew to Brussels on the weekend to attend an EU-Canada Summit which had been delayed for three days because of opposition in Belgium to the Comprehensive Economic and Trade Agreement (CETA). Belgium came back to...
Economy

Canadian economy at stake over landmark trade deal with EU

Canada and the EU remain hopeful that CETA, the EU’s most ambitious free trade deal, can still go through IFM Correspondent October 25, 2016: The Canadian economy has been facing a serious slump due to a number of reasons. To add to its woes, negotiations over a key trade deal – the Comprehensive Economic and...
Banking

Euronet Worldwide acquires UK-based ATM operator YourCash

Adds 5,000 ATMs across the UK, Netherlands, Belgium and Ireland October 11, 2016: Euronet Worldwide, Inc. (NASDAQ:EEFT), a leading global electronic payments provider, has completed the acquisition of UK-based ATM operator YourCash Europe Limited. The acquisition includes approximately 5,000 ATMs across the UK, Netherlands, Belgium and Ireland. With the addition of YourCash, the combined businesses...
Banking

ING to shed 7,000 jobs

Jobs cuts to mainly take place in Belgium and The Netherlands IFM Correspondent October 4, 2016: Dutch bank ING, the country’s biggest lender, announced plans to shed 7,000 jobs, mainly in Belgium and The Netherlands. The plan is part of cost cutting measure for the company, which will help it save $1.01 billion by 2021....
Banking

Ukraine conflict: UK wants SWIFT punishment for Russian banks

SWIFT is a crucial real-time gross payment system for cross-border transactions September 2, 2014: The UK will press EU leaders to consider blocking Russian access to the SWIFT (Society for Worldwide Interbank Financial Telecommunications) banking transaction system under an expansion of sanctions over the conflict in Ukraine, Bloomberg reported on Friday, August 29, citing an...
Business Leaders

60 days after polls, Belgium sees signs of a federal government

But this is nothing compared to 2010 when it took 18 months to form a government July 24, 2014: Nearly two months after the regional and federal elections in Belgium, it seems that the political process to form new governing coalitions is nearing an end. The elections took place on May 25. At the regional...