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Europe

French government makes a controversial pension reform

The French government led by Emmanuel Macron used a controversial procedure to implement its unpopular pension reform without a vote by deputies. Macron proposed delaying the retirement age from 62 to 64 by 2030 and bringing forward to 2027 the requirement to contribute 43 years (instead of the…

UBS launches offer to repurchase Credit Suisse bonds

The Swiss bank UBS announced an offer to repurchase the debt securities with maturity of 2028 and 2032 issued last Friday, just a couple of days before the agreement for the acquisition of Credit Suisse, whose aggregate amount amounts to…

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ECB coordinates with central banks of the world liquidity of dollars until April

The most recent banking crisis has led the European Central Bank to coordinate a plan that guarantees dollar liquidity, for now, until the end of April. The ECB is working with the Fed, the central banks of England, Canada and Japan, as…

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UBS announces the purchase of Credit Suisse

The president of the Swiss Confederation, Alain Berset, has informed this Sunday of the purchase of the Swiss bank Credit Suisse by the UBS bank and has given an account that the Government guaranteed 100,000 million Swiss francs on…

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The ECB raises interest rates to control inflation

The European Central Bank (ECB) announced a half percentage point increase in the interest rate, raising it from 2.5 % to 3.0 % on average for deposit returns. In a press release, the ECB explained that the increase will be reflected in…

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Credit Suisse collapses on the stock market and asks the BCS for support

The negative effects of the bankruptcy of Silicon Valley Bank in the United States reached Europe. This Wednesday, Credit Suisse suffered a collapse of shares on the stock market and has requested a rescue from the Swiss Central Bank.…

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Spain will launch Europe’s first reusable rocket

Spanish engineers Raúl Torres and Raúl Verdú, from the launch company PLD Space, have worked on the first reusable rocket called Miura 1, which could be put into orbit at the end of this year. Miura 1 is the first reusable rocket. It…

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Belgian federal government bans TikTok on official devices of its staff

The Belgian federal government has decided this Friday to prohibit the use of the application of the Chinese social network TikTok on the official devices of its personnel considering for security reasons, a measure that in recent weeks…

Business

Orange allies with OneWeb to boost connectivity via satellite

Orange has signed an agreement with the nanosatellite company OneWeb to promote connectivity with this technology in remote areas in Europe, Latin America and Africa. The distribution agreement will allow Orange to integrate the OneWeb…

Economic activity in the eurozone has grown fastest since June

The composite Purchasing Managers' Index (PMI) for the eurozone rose in February to 52.0 from 50.3 points in January, marking its best mark in eight months and the fastest expansion since June 2022, according to reports. revealed S&P…

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France to pass strict crypto companies licensing laws

France is on the verge of implementing a new law that will require all cryptocurrency-related businesses to obtain a license to operate in the country. The law, which has been the subject of intense debate, is considered one of the…

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From Bogotá, the internationalization of SMEs will be promoted

The Bogotá Chamber of Commerce (CCB), together with the World Federation of Chambers of Commerce (WCF) will hold the event "Business opportunities with the regions of the world" between February 27 and March 1st, in which it will seek to…

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