VICTORIA MEDIA

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June, 2016

Update EU’s long-term spending plan to cope with crises, urges Budgets Committee

The EU needs to update its long-term spending plan to cope with unforeseen crises such as mass migration, terrorism and youth unemployment, says the Budgets Committee in a resolution voted on Wednesday. The text is intended as an input to the forthcoming EU Commission’s proposal to revise the EU’s multiannual financial framework (MFF) for 2014-2020. […]

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Mitsubishi Heavy Industries and EDF Sign Memorandum of Understanding on Collaboration in Civil Nuclear Power Businesses

Paris/Tokyo, June 28, 2016 – Mitsubishi Heavy Industries, Ltd. (MHI) and EDF, a leading French utility, have agreed a significant step to forge a strategic and global collaborative relationship in the civil nuclear power fields. A memorandum of understanding (MOU) was signed at the World Nuclear Exhibition (Paris) by the top representatives of the two […]

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European Central Bank is closely monitoring financial markets

European Central Bank is closely monitoring financial markets ECB continues to fulfil its responsibilities to ensure price stability and financial stability in the euro area Following the outcome of the UK referendum, the European Central Bank (ECB) is closely monitoring financial markets and is in close contact with other central banks. The ECB stands ready […]

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Statement from the Governor of the Bank of England following the EU referendum result

The people of the United Kingdom have voted to leave the European Union. Inevitably, there will be a period of uncertainty and adjustment following this result. There will be no initial change in the way our people can travel, in the way our goods can move or the way our services can be sold. And […]

Posted in Bank of England, UK | Comments Off on Statement from the Governor of the Bank of England following the EU referendum result

Ending EU citizens’ bank secrecy in Monaco

An EU deal with Monaco, which will make it harder for EU citizens to hide cash from the tax man in bank accounts there, was endorsed by Parliament in a vote on Thursday. Under the deal, the EU and Monaco will automatically exchange information on the bank accounts of each other’s residents, starting in 2018 […]

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Microsoft to acquire LinkedIn

REDMOND, Wash., and MOUNTAIN VIEW, Calif. — June 13, 2016 — Microsoft Corp. (Nasdaq: MSFT) and LinkedIn Corporation (NYSE: LNKD) on Monday announced they have entered into a definitive agreement under which Microsoft will acquire LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion, inclusive of LinkedIn’s net cash. LinkedIn will […]

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MEPs approve €500m in fresh EU loans to Tunisia

A plan to lend Tunisia €500 million on favourable terms to help it reduce its external debt and consolidate its democratic mechanisms was backed by MEPs on Wednesday. MEPs backed the plan by 561 votes to 76, with 42 abstentions. “The major challenges in Tunisia are the economic downturn, soaring unemployment, and terrorist attacks that […]

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