Economy of Europe

Sabine Lautenschläger: Four years of Banking Union: where do we stand?

Retrieved on: 
Thursday, November 15, 2018
Economy of Europe, Eurozone crisis, European System of Central Banks, Europe, Economy of the European Union, Banking union, Economic integration, European Union law, Single Supervisory Mechanism, Single Resolution Mechanism, Bank, SSM

This is a good opportunity to reflect on the state of the banking union and the Single Supervisory Mechanism, or SSM.

Key Points: 
  • This is a good opportunity to reflect on the state of the banking union and the Single Supervisory Mechanism, or SSM.
  • Despite the general consensus that European supervision and a banking union were necessary complements to a monetary union, many questioned whether this was a realistic goal.
  • Tough and fair European supervision, backed by tougher regulation, has contributed to making our banking sector significantly safer and sounder.
  • And thanks to the second pillar of the banking union, the Single Resolution Mechanism, we are now better equipped to ensure this.

EIDR'S Universal Identifiers Implemented by NENT Group

Retrieved on: 
Wednesday, November 14, 2018
Economy of Europe, Economy, Europe, Modern Times Group, Stockholm Stock Exchange, Nordic Entertainment Group, NASDAQ, Electronic Arts, Nordic countries

NENT Group has also been able to implement automated catch-up schedules and will now start to cross reference non-linear and linear content across platforms.

Key Points: 
  • NENT Group has also been able to implement automated catch-up schedules and will now start to cross reference non-linear and linear content across platforms.
  • "We've seen success in linear TV at the episode and series level, and by having NENT Group integrate EIDR's universal identifiers across all of their programming is a significant step forward in modeling this for other systems."
  • Nordic Entertainment Group (NENT Group) is the Nordic region's leading entertainment provider.
  • Headquartered in Stockholm, NENT Group is part of Modern Times Group MTG AB (publ), a leading international digital entertainment group listed on Nasdaq Stockholm ('MTGA' and 'MTGB').

Telenor Selects Ericsson for 5G Core Network Transformation

Retrieved on: 
Wednesday, November 14, 2018
Telenor, Technology, Mobile telecommunications, Telecommunications in Norway, 5G, Internet of things, Technology forecasting, Economy of Europe, Ericsson

Ericsson to transform Telenor's core network in Sweden, Denmark and Norway by deploying Ericsson Cloud Core solutions for 5G across multiple data centers

Key Points: 
  • Ericsson to transform Telenor's core network in Sweden, Denmark and Norway by deploying Ericsson Cloud Core solutions for 5G across multiple data centers
    WASHINGTON, Nov. 14, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has inked a new deal with Telenor Group, the Norwegian multinational telecommunications company, to transform its core network in Sweden, Denmark and Norway.
  • Under the terms of the Network Function Virtualization contract, Ericsson's full portfolio of network function solutions and related services will be harnessed to deploy Ericsson Cloud Core solutions for 5G across multiple data centers for Telenor.
  • The transformation will make Telenor more agile as it moves towards launching commercial 5G services using both fixed and mobile access.
  • This transformational deal is an important step towards future-proofing our core network as we look towards 5G.

Telenor Selects Ericsson for 5G Core Network Transformation

Retrieved on: 
Wednesday, November 14, 2018
Telenor, Technology, Telecommunications in Norway, 5G, Ericsson, Economy of Europe

WASHINGTON, Nov. 14, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has inked a new deal with Telenor Group, the Norwegian multinational telecommunications company, to transform its core network in Sweden, Denmark and Norway.

Key Points: 
  • WASHINGTON, Nov. 14, 2018 /PRNewswire/ -- Ericsson (NASDAQ: ERIC) has inked a new deal with Telenor Group, the Norwegian multinational telecommunications company, to transform its core network in Sweden, Denmark and Norway.
  • Under the terms of the Network Function Virtualization contract, Ericsson's full portfolio of network function solutions and related services will be harnessed to deploy Ericsson Cloud Core solutions for 5G across multiple data centers for Telenor.
  • The transformation will make Telenor more agile as it moves towards launching commercial 5G services using both fixed and mobile access.
  • This transformational deal is an important step towards future-proofing our core network as we look towards 5G.

Highlights - Public Hearing - Appointment of the new Chair of the Supervisory Board of the ECB - Committee on Economic and Monetary Affairs

Retrieved on: 
Tuesday, November 13, 2018
Andrea Enria, European Parliament, Economy of Europe, Economy of the European Union, Europe, Danièle Nouy, European Central Bank

The term of the current Chair of the Supervisory Board, Ms Nouy, will end in December 2018.

Key Points: 
  • The term of the current Chair of the Supervisory Board, Ms Nouy, will end in December 2018.
  • The ECB has proposed Mr Andrea Enria for appointment as new Chair of the Supervisory Board (see ECB announcement).
  • The appointment is subject to approval by the European Parliament.
  • In line with the SSM Regulation, ECON will hold a public hearing with the proposed candidate on 20 November 2018 from 16.00 17.00h and then vote on the approval.

Highlights - Public Hearing with Danièle Nouy, Chair of the Supervisory Board of the ECB - Committee on Economic and Monetary Affairs

Retrieved on: 
Tuesday, November 13, 2018
European System of Central Banks, Economy of Europe, Eurozone crisis, Single Supervisory Mechanism, SSM, Supervisory board, Economy of the European Union, Europe, Danièle Nouy

On 20 November 2018 from 14.30 - 16.00h, ECON will hold a public hearing with the Chair of the Supervisory Board of the ECB, Ms Danile Nouy. This is the third public hearing in ECON this year with Ms Nouy in the framework of the Single Supervisory Mechanism (SSM). This will be her last regular hearing in ECON in her capacity as Chair of the Supervisory Board before the end of her term.

Key Points: 

On 20 November 2018 from 14.30 - 16.00h, ECON will hold a public hearing with the Chair of the Supervisory Board of the ECB, Ms Danile Nouy. This is the third public hearing in ECON this year with Ms Nouy in the framework of the Single Supervisory Mechanism (SSM). This will be her last regular hearing in ECON in her capacity as Chair of the Supervisory Board before the end of her term.

Next Generation of EcoStruxure Building to Drive Employee Engagement, Building Efficiency, and Sustainability

Retrieved on: 
Tuesday, November 13, 2018
Ambient intelligence, Internet of things, Schneider Electric, Automation, Workplace, Economy of France, Manufacturing, Economy of Europe, Building engineering

BOSTON, Nov. 13, 2018 /PRNewswire/ -- Schneider Electric , the leader in the digital transformation of energy management and automation, today announced the next generation of their EcoStruxure Building portfolio.

Key Points: 
  • BOSTON, Nov. 13, 2018 /PRNewswire/ -- Schneider Electric , the leader in the digital transformation of energy management and automation, today announced the next generation of their EcoStruxure Building portfolio.
  • The open innovation IoT platform helps real estate leaders and building owners improve the value of their buildings through improved occupant engagement, efficiency, and sustainability.
  • EcoStruxure Building additions in 2019 will include the following:
    EcoStruxure Workplace Advisor: A suite of digital services for the workplace offering occupancy and well-being analytics, and a mobile occupant application to improve building occupants' engagement and productivity, and enable building managers to optimize space better.
  • EcoStruxure Building is part of the Schneider Electric EcoStruxure Architecture.

G4S surpasses $3 million donated through the annual G4S Golf Tournament

Retrieved on: 
Tuesday, November 13, 2018
G4S, Workfare in the United Kingdom, Habitat for Humanity, Economy of Europe, Prevention, Safety, G4S Secure Solutions

JUPITER, Fla., Nov. 13, 2018 /PRNewswire/ -- G4S, the leading integrated security provider in the United States, surpassed $3 million in donations to organizations across the country during the company's 22nd annual G4S Golf Tournament.

Key Points: 
  • JUPITER, Fla., Nov. 13, 2018 /PRNewswire/ -- G4S, the leading integrated security provider in the United States, surpassed $3 million in donations to organizations across the country during the company's 22nd annual G4S Golf Tournament.
  • "G4S is committed to supporting charitable causes where we live and work," said John Kenning, G4S' Americas Region CEO.
  • Funds from the tournament are also used to support Habitat for Humanity and the Gold Coast Down Syndrome Organization.
  • G4S has been involved with Habitat for Humanity since 2011, with more than 250 G4S employees volunteering close to 1,400 hours.

Schneider Electric Innovation Summit North America: Powering and Digitizing the Economy

Retrieved on: 
Tuesday, November 13, 2018
Jean-Pascal Tricoire, Schneider Electric, Economy of France, Schneider, Internet of things, Business, Economy of Europe

The event brings together Schneider Electric experts and world-leading industry thought leaders to share insights and bold ideas on the challenges and opportunities of powering and digitizing the economy.

Key Points: 
  • The event brings together Schneider Electric experts and world-leading industry thought leaders to share insights and bold ideas on the challenges and opportunities of powering and digitizing the economy.
  • Attendees will hear a keynote by Jean-Pascal Tricoire, Schneider Electric's chairman and CEO, and engage with Schneider Electric partners and users to discover real-world applications and experiences that impact businesses' digital economy.
  • Schneider Electric will showcase its latest developments to EcoStruxure , its IoT-enabled, plug and play, open, interoperable architecture and platform.
  • With a 19,000 square-foot Innovation Hub, Schneider Electric will provide on-site demonstrations of its newest EcoStruxure products and solutions.

ALDI and Instacart Make it Easier to Feed Neighbors in Need on #GivingTuesday

Retrieved on: 
Tuesday, November 13, 2018
Online grocery delivery, Instacart, Trade, Trader Joe's, Discount stores, Aldi, Food industry, Economy of Europe

For every ALDI order made via Instacart that day, ALDI will make a matching donation, up to 1 million meals*, to Feeding America.

Key Points: 
  • For every ALDI order made via Instacart that day, ALDI will make a matching donation, up to 1 million meals*, to Feeding America.
  • By simply ordering through Instacart, people can join ALDI and help provide meals to people in need while planning meals of their own."
  • Instacart will also waive the delivery fee for all ALDI orders of $35 or more, donating the value of each waived fee to Feeding America.
  • "As a Feeding America Supporting Partner, Instacart is proud to team up with ALDI to give the gift of groceries to people in need."