The European Magazine


British holidaymakers hold off travel money buys as pound languishes

By Patrick Graham LONDON, July 15 (Reuters) – British travellers’ appetite for dollars and euros has sunk in the three weeks since Britain voted to leave the European Union, as they seemingly wait as long as possible in the hope that the pound’s exchange rate will rebound. Both Thomas Cook and Travelex said that travel […]


BoE’s Carney says G20 summit to focus on green finance

* Carney sees investor demand for green finance * Says carbon pricing cleanest way to regulate emissions (Adds comments on green bond market, carbon pricing) By Matt Scuffham and Fergal Smith TORONTO, July 15 (Reuters) – Climate change and the funding of “green” initiatives will form a major part of this year’s G20 summit in […]


Four countries most at Zika risk due to Olympics travel-CDC

July 13 (Reuters) – Four countries are most at risk from a Zika outbreak as a result of travel related to the Rio Olympics and Paralympic Games, a U.S. health agency said on Wednesday. The U.S. Centers for Disease Control and Prevention identified Chad, Djibouti, Eritrea and Yemen as most susceptible to mosquito-borne transmission of […]


Wanted by investment banks: students not studying finance

* Investment banks change intern recruitment policies * Looking for candidates with broader backgrounds * Part of wider push to stop quick buck culture * Weekends now protected as work/life balance changes * Graduates still look to Silicon Valley, Wall Street By Anjuli Davies LONDON, July 13 (Reuters) – When Barclays executive Sam Dean went […]


Britain confident of meeting 2020 renewable target

* Target is 15 pct of energy from renewables by 2020 * Expects target to remain binding despite Brexit LONDON, July 13 (Reuters) – Britain is on track to meet its 2020 European renewable energy target and its commitment will not be affected by the country’s vote to leave the EU, government officials said on […]


Financial sector distracted by compliance burden

Systemic updating of processes required to stay ahead of regulatory change London, 13 July 2016: The UK financial services (FS) sector’s infrastructure is chronically unprepared to deal with the regulatory changes that will come as a result of the country leaving the EU, according to award-winning FS management and technology consultancy Brickendon. Compliance and regulatory […]


WTO’s new trade index suggests sluggish Q3 world trade growth

GENEVA, July 8 (Reuters) – The World Trade Organization on Friday forecast sluggish trade growth in the third quarter of 2016 as it published a quarterly trade barometer for the first time. The World Trade Organization Index (WTOI) showed a current reading of 99.0, slightly below trend and with a downward tendency in the most […]


Brexit spurs London entrepreneur to chase EU business goal

July 8 (Reuters) – Undeterred by Brexit, small entrepreneurs like London’s Rocaba Packaging still see the European Union as their natural market and intend to win more customers there as soon as possible. Rocaba, with 34 employees and annual sales of about 5 million euros ($5.5 million), is racing to open subsidiaries and set up […]


Who are the people who elect Britain’s next Prime Minister?

LONDON, July 8 (Reuters) – Britain’s next prime minister, tasked with negotiating the country’s exit from the European Union, will be chosen by Sept. 9 following a vote of the ruling Conservative Party’s 150,000 grassroots members. After two votes by Conservative lawmakers, the two candidates for the job are interior minister Theresa May and Andrea […]


Where luxury yachting takes centre stage

Once a year, at the heart of the French Riviera, the city of Cannes enjoys an elite gathering to become the luxury yachting capital of the world

Cafe de Paris (2)FEATURE

A taste of culinary artistry in Prague

The Hotel Paris Prague may be best known for its luxurious interior and opulent architecture, but it is the refined dining that really puts this landmark hotel on the map


A city of rare vintage

If your idea of the perfect weekend break involves fine wine, great food and charming hotels, then follow Gillian Birch and head to Bordeaux


NJMPF: excellence in member outreach

Member education and outreach are crucial to ensuring that pension funds in South Africa deliver on their promise. It’s an area where the NJMPF are leading from the front


Bank Islam: a pioneer in Islamic finance

As one of Southeast Asia’s most innovative Sharia-compliant banks, Bank Islam has proved that with a prudent and sustainable strategy, anything is possible