Economy of Europe

DGAP-News: EVOTEC SE TO REPORT FIRST HALF-YEAR 2020 RESULTS ON 12 AUGUST 2020

Wednesday, August 5, 2020 - 1:40pm

Evotec SE (Frankfurt Stock Exchange: EVT, MDAX/TecDAX, ISIN: DE0005664809) will report its financial results for the first half-year of 2020 on Wednesday, 12 August 2020.

Key Points: 
  • Evotec SE (Frankfurt Stock Exchange: EVT, MDAX/TecDAX, ISIN: DE0005664809) will report its financial results for the first half-year of 2020 on Wednesday, 12 August 2020.
  • The Company is going to hold a conference call to discuss the results as well as to provide an update on its performance.
  • Furthermore, the Management Board will present an outlook for the fiscal year 2020.
  • The forward-looking statements contained herein represent the judgement of Evotec as of the date of this press release.

Galileo Powers MoneyLion's RoarMoney(SM)

Monday, August 3, 2020 - 2:03pm

RoarMoney offers two-day early paydays1, advanced mobile wallet capabilities, multiple funding options, advanced cyber security and near real-time transaction alerts.

Key Points: 
  • RoarMoney offers two-day early paydays1, advanced mobile wallet capabilities, multiple funding options, advanced cyber security and near real-time transaction alerts.
  • Galileo, the API standard for card issuing, virtual card solutions and digital banking, is a global payments processing platform that powers world-leading fintechs, challenger banks, neobanks, financial services and investment firms by removing the complexity from payments.
  • Galileo makes it fast and easy for many types and sizes of businesses to innovate and deliver amazing financial services user experiences to their customers through the Galileo Pro and Galileo Instant Solutions.
  • Headquartered in Salt Lake City, Galileo has offices in Mexico City, New York City and San Francisco.

DGAP-News: Nordex Group announces potential sale of its 2.7 GW European project development pipeline to RWE

Monday, August 3, 2020 - 7:00am

Now, RWE and Nordex have agreed on a sale of this business to the German energy supplier.

Key Points: 
  • Now, RWE and Nordex have agreed on a sale of this business to the German energy supplier.
  • In total, the planned transaction includes a project pipeline with a volume of 2.7 GW.
  • The Nordex Group as potential seller and RWE have signed the respective put option agreement.
  • Under attractive market conditions, the Nordex Group has already sold parts of its project development portfolio in the past.

DGAP-News: Rocket Internet SE: Redemption of 1,572,340 own Shares completed

Friday, July 31, 2020 - 6:01pm

Berlin, July 31, 2020 - Rocket Internet SE (ISIN DE000A12UKK6) yesterday has redeemed 1,572,340 own shares and thus reduced the company's share capitalto EUR 135,690,619.00.

Key Points: 
  • Berlin, July 31, 2020 - Rocket Internet SE (ISIN DE000A12UKK6) yesterday has redeemed 1,572,340 own shares and thus reduced the company's share capitalto EUR 135,690,619.00.
  • Rocket Internet is listed on the Frankfurt Stock Exchange (ISIN DE000A12UKK6, RKET) and is included in the MDAX index.
  • The actual legal and economic interest of the Rocket Internet group in the network companies shown above is far lower than 100%.
  • Economic ownership figures include, where applicable, economic interest held through entities over which Rocket Internet has no control.

Second Century Ventures Opens Applications for the 2020 REACH UK Proptech Scale-up Programme

Friday, July 31, 2020 - 3:41pm

LONDON, July 31, 2020 /PRNewswire/ -- REACH opens applications today for the inaugural class from its newest region, REACH UK.

Key Points: 
  • LONDON, July 31, 2020 /PRNewswire/ -- REACH opens applications today for the inaugural class from its newest region, REACH UK.
  • The award-winning technology scale-up programme was created by Second Century Ventures, the strategic investment arm of the National Association of Realtors.
  • Through a strategic partnership with NAEA Propertymark, REACH UK will help scale real estate tech start-ups developing innovation to support and advance the UK property industry.
  • Applications for REACH UK will be accepted through September 31, 2020, at www.nar-reach.com/uk .

Second Century Ventures Opens Applications for the 2020 REACH UK Proptech Scale-up Programme

Friday, July 31, 2020 - 3:21pm

LONDON, July 31, 2020 /PRNewswire/ -- REACH opens applications today for the inaugural class from its newest region, REACH UK.

Key Points: 
  • LONDON, July 31, 2020 /PRNewswire/ -- REACH opens applications today for the inaugural class from its newest region, REACH UK.
  • The award-winning technology scale-up programme was created by Second Century Ventures, the strategic investment arm of the National Association of Realtors.
  • Through a strategic partnership with NAEA Propertymark, REACH UK will help scale real estate tech start-ups developing innovation to support and advance the UK property industry.
  • Applications for REACH UK will be accepted through September 31, 2020, at www.nar-reach.com/uk .

Galileo Integrates with Plaid to Simplify ACH Transfer Setup

Thursday, July 30, 2020 - 2:03pm

With this integration, joint clients of Galileo and Plaid may offer their customers an easy way to connect their bank accounts and initiate ACH transfers.

Key Points: 
  • With this integration, joint clients of Galileo and Plaid may offer their customers an easy way to connect their bank accounts and initiate ACH transfers.
  • "Leveraging Plaid's technology, we're excited to offer a simplified process for our clients and minimize ongoing requirements to initiate ACH transfers."
  • With this latest platform integration, Galileo clients can enable their customers to conveniently authorize the transaction that initiates an ACH transfer.
  • Clients must still integrate with both Galileo and Plaid, but the Plaid integration is simplified tremendously.

DGAP-News: 4basebio AG: 4basebio informs about takeover bid by Sparta AG

Tuesday, July 28, 2020 - 7:00am

Heidelberg, Germany and Cambridge, UK, 28 July, 2020 - 4basebio AG (Frankfurt: 4BSB; ISIN: DE000A2YN801; Prime Standard) announces that its investor Sparta AG intends to submit a takeover bid for the company's shares.

Key Points: 
  • Heidelberg, Germany and Cambridge, UK, 28 July, 2020 - 4basebio AG (Frankfurt: 4BSB; ISIN: DE000A2YN801; Prime Standard) announces that its investor Sparta AG intends to submit a takeover bid for the company's shares.
  • According to an announcement Sparta published on July 27, 2020, Sparta has decided to make a voluntary public takeover offer to all 4basebio shareholders to buy their shares at an expected price of EUR 2,00 per share.
  • 4basebio AG, formerly operating under the name of Expedeon AG, is an enabler of exciting advances in medical science and patient care.
  • 4basebio AG has offices in Germany, Spain, UK, and the US.

Fabio Panetta: Interview with La Repubblica

Tuesday, July 28, 2020 - 12:04am

INTERVIEWInterview with La RepubblicaInterview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Tonia Mastrobuoni and published on 27 July 2020 The approval of the recovery fund was a necessary decision to meet the economic challenges facing Europe.

Key Points: 


INTERVIEW

Interview with La Repubblica

    Interview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Tonia Mastrobuoni and published on 27 July 2020

      • The approval of the recovery fund was a necessary decision to meet the economic challenges facing Europe.
      • Whether the decisions taken in recent weeks really mark a turning point will depend on the economic policies adopted by individual countries.
      • Now the country must show its capable of using that European funding to address the structural weaknesses in its economy.
      • We did all win, because all of our countries can benefit from a common response that fosters the recovery of the European economy.
      • Export-oriented countries like Germany or the Netherlands are aware of the benefits of the single currency.
      • If a shock arises that is not caused by imprudent policies, its in the common interest to help kick-start the European economy.
      • Even before the pandemic, it was clear that multilateralism was in crisis as a result of policies adopted outside the EU.
      • The tendency to base international relations on bilateral relationships benefits those regions that are economically strongest.
      • European integration can ensure that the voices of countries that on their own would have limited relevance in a global context, are heard.
      • But we need to build an economic area in which all countries can proceed at a similar pace.
      • Some people fear that Germany will emerge stronger from the crisis, and Europe more unequal.
      • Do you still see this as a risk, now that agreement has been reached on the recovery fund?
      • Now we need an adequate response from the economically weaker countries that have been hit hardest by the crisis.
      • It marks progress towards a genuine capital markets union and will make the euro area more attractive to international investors.
      • The ESM and the European Commission have published all the information on the conditions offered by the ESM on their websites.
      • Banks are starting from a better capital position than in 2008, when the financial crisis broke out.

    Fabio Panetta: Interview with La Repubblica

    Monday, July 27, 2020 - 4:03pm

    INTERVIEWInterview with La RepubblicaInterview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Tonia Mastrobuoni and published on 27 July 2020 The approval of the recovery fund was a necessary decision to meet the economic challenges facing Europe.

    Key Points: 


    INTERVIEW

    Interview with La Repubblica

      Interview with Fabio Panetta, Member of the Executive Board of the ECB, conducted by Tonia Mastrobuoni and published on 27 July 2020

        • The approval of the recovery fund was a necessary decision to meet the economic challenges facing Europe.
        • Whether the decisions taken in recent weeks really mark a turning point will depend on the economic policies adopted by individual countries.
        • Now the country must show its capable of using that European funding to address the structural weaknesses in its economy.
        • We did all win, because all of our countries can benefit from a common response that fosters the recovery of the European economy.
        • Export-oriented countries like Germany or the Netherlands are aware of the benefits of the single currency.
        • If a shock arises that is not caused by imprudent policies, its in the common interest to help kick-start the European economy.
        • Even before the pandemic, it was clear that multilateralism was in crisis as a result of policies adopted outside the EU.
        • The tendency to base international relations on bilateral relationships benefits those regions that are economically strongest.
        • European integration can ensure that the voices of countries that on their own would have limited relevance in a global context, are heard.
        • But we need to build an economic area in which all countries can proceed at a similar pace.
        • Some people fear that Germany will emerge stronger from the crisis, and Europe more unequal.
        • Do you still see this as a risk, now that agreement has been reached on the recovery fund?
        • Now we need an adequate response from the economically weaker countries that have been hit hardest by the crisis.
        • It marks progress towards a genuine capital markets union and will make the euro area more attractive to international investors.
        • The ESM and the European Commission have published all the information on the conditions offered by the ESM on their websites.
        • Banks are starting from a better capital position than in 2008, when the financial crisis broke out.