Lloyd’s opens European head office in Brussels

Lloyd’s opens European head office in Brussels

Lloyd’s, the largest insurance market in the world, has opened its new European head office. The confirmation came on Twitter on Tuesday from the Minister of Finances, Johan Van Overtveldt. De Tijd reports that the head office will employ 50 people. Lloyd’s of London had confirmed in May of this year that it was going to set up a European subsidiary in Brussels, owing to Brexit. The company wishes to avoid losing access to the single market when the UK leaves the European Union on March 29th, 2019. De Tijd…

Read More

Flemish PM: “The situation is precarious in the extreme”

Flemish PM: “The situation is precarious in the extreme”

The Flemish Prime Minister, Geert Bourgeois (Flemish nationalist) has spoken of his hopes that the UK Parliament will approve the EU withdrawal agreement. Mr Bourgeois conceded that it would be a work of titanic proportions but added that he hoped UK MPs would show a sense of responsibility. After hearing reactions from UK MPs to the technical agreement reached between the UK and the EU the Flemish leader said: “The situation is precarious in the extreme. This is such an important moment for the prosperity of the people of Britain,…

Read More

Palace announces new suppliers for Royal Warrant

Palace announces new suppliers for Royal Warrant

The royal palace has made its annual announcement of official suppliers of goods and services to the royal household. Newcomers to the list, each of whom is allowed to use the phrase “certified court supplier to the King” to describe its business, cover a range of different businesses. They include wine and champagne merchant Vranken-Pommery, jeweller and watchmaker Cosyns, porcelain maker Caroline de Pierpont, and Queen Mathilde’s personal hairdressers, D&R Cambre. Perhaps the most surprising new addition is the DIY store Clabots, situated on the Quai des Industries alongside the…

Read More

New interactive website enables Europeans to see what the EU does for them

New interactive website enables Europeans to see what the EU does for them

“What Europe does for me” is an interactive site launched on Wednesday by the European Parliament to enable citizens to see the contribution made by the European Union (EU) in their respective areas, for their professions or for their favourite pastimes. On the multilingual site, www.what-europe-does-for-me.eu/en/home , citizens can click on their regions on a map and see how Europe is present there. More than 1,400 localities are covered. In Marche-en-Famenne, for example, the Internet user can see that the EU has co-financed the construction of the Novalis Business Centre,…

Read More

Brussels presents 2.5-euro coin

Brussels presents 2.5-euro coin

Mont-de-Piété in Brussels presented its joint project with the Dutch Royal Treasury on Friday. The Dutch Treasury began making coins with Belgium on the 1st of January 2018. The new Belgian coin is a 2.5-euro coin that commemorates the pawnbroker’s 400th anniversary. This is the third Belgian commemorative 2.5-euro coin issued officially since the 2.5-euro unit was introduced in Europe. A griffon, the institution’s symbol, is on one side of the coin. There are two versions, a French one and a Dutch one. A limited amount of 25,000 coins have…

Read More

BlaBlaCar to buy Ouibus from SNCF

BlaBlaCar to buy Ouibus from SNCF

The BlaBlaCar carpooling service is to purchase Ouibus, a subsidiary of the SNCF, from the French railway utility, and has launched an investment drive aimed at raising 101 million euros in which the SNCF will participate, representatives of the two companies announced on Monday. BlaBlaCar is to acquire Ouibus (ex-iDBUS) at a price that has not been disclosed so as to expand its service and open it up to other partners and local bus operators in Europe, the start-up disclosed. “A huge number of our carpool drivers also drive buses…

Read More

How to increase turnout in next European Elections

How to increase turnout in next European Elections

The European Parliament elections in 2014 showed a low turnout of 42.6%. In six countries it was below 30%. The challenge of stimulating interest in next elections was discussed last week in Brussels at a public-communications conference at the European Committee of the Regions. In a direct vote on 23-26 May 2019, citizens from 27 EU member states (E27) will elect 705 MEPs to form the new parliament. According to recent opinion polls (Eurobarometers) interest in the European elections has increased by 10 percentage points since April 2018 and is…

Read More

Apple Stock Plummets After FaceID Supplier Lumentum Slashes Forecast

Apple Stock Plummets After FaceID Supplier Lumentum Slashes Forecast

Shares of Apple Inc (NASDAQ:APPL) sank 4 percent today after a key supplier, Lumentum, said it was forced to reduce shipments to its ‘largest customer’. Apple stock is now trading at levels last seen three months ago in early August, a corresponding drop of roughly $40 billion in market value. Lumentum (NASDAQ:LITE 37.5 -0.33%) manufactures the specialized lasers that help enable the iPhone X of yesteryear, and this year’s XR and XS, to sense objects in 3D which enables FaceID to work. The supplier slashes its forecasts by about 70…

Read More

Tobacco giant shares burnt by menthol ban report

Tobacco giant shares burnt by menthol ban report

The FTSE 100 listed giant could take a major hit if the Food and Drug Administration takes action on menthol products. Rothmans and Lucky Strike owner British American Tobacco (BAT) has seen billions of pounds wiped off its market value after a report claimed US regulators are planning to ban menthol cigarettes. Shares in FTSE 100-listed BAT – valued at £76bn prior to Monday trading – fell by more than 10% on the report in the Wall Street Journal. Rival Imperial Brands, which is worth £26bn and whose brands include…

Read More

Quiet murder: Oleskandr Drabynko hid from deceased Metropolitan Volodymyr his lethal diagnosis

Quiet murder: Oleskandr Drabynko hid from deceased Metropolitan Volodymyr his lethal diagnosis

The former secretary of the UOC (MP), Oleksandr Drabynko, hid the diagnosis of the deceased Metropolitan Volodymyr from the patient and his entourage. That is what led to the death of His Beatitude. The documents from German clinic that leaked to media, confirmed that Drabynko knew about the Volodymyr’s cancer, but told nobody about it. Metropolitan Pereyaslav-Khmelnitsky and Vyshnevsky Olexandr (Drabynko) was the right hand of Volodymyr. In 2011, he was accompanying His Beatitude to a German clinic and had to organize the implementation of medical appointments, but did not…

Read More