EU

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UK high tech manufacturers expect to gain market share from their EU competitors

LONDON | The UK high tech manufacturing sector still remains positive about prospects for 2012 according to a new survey. Respondents felt the current euro zone situation could provide UK high tech manufacturers with opportunities. 30% said that the UK had generally become more competitive than other major European economies. The health of the sector was reflected by 84% of the respondents saying they were either busy or operating almost at…


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The European Commission promotes EU-India IT research

LONDON | The Open Group and the Interactive Technology Software and Media Association (ITSMA) have partnered with a consortium of leading European and Indian research and technology developers to identify future areas for coordination of government funded IT research. Supported by the European Commission, the Fostering Cooperation in Computing Systems for EU and India (EU-INCOOP) project is investing over €460,000 to bring together leading researchers from India and Europe to identify priorities and develop a joint research roadmap that…


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China leads patent filing, but US and EU companies are more innovative

LONDON | By tracking published patent applications, examining real-world trademark and copyright infringement issues and comparing the government policies and long-term innovation strategies of China to other world leaders, Thomson Reuters research suggests that although China leads the world in patent and trademark filings, its status as a global player still faces challenges. The following are some of the key findings of the new research: China Now Leads World in…


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Weekend link fest

A curated selection of links we hope can enlighten us all; some come from our corner, some do from other corners of the net. And as always, our comment widgets are anxious to get your suggestions: Has social media changed the financial industry? How Britain could leave the euro Why David Cameron’s UK deserves another chance in the EU Banks fear sovereign debt A document which every investor in the euro…


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Asian universities outpace Europe in science and engineering student numbers

Asian countries train twice as many scientists compared to European member states, and three times as many engineers. This training gap is threatening the future of Europe’s economic recovery due to the lack of qualified scientific and technical human resources. Although the number of graduates in the fields is now increasing slowly, their academic achievement falls well behind that of their Asian counterparts. Unless this gap is addressed, companies operating in Europe…


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European warehousing investment concentrates in the UK

The market for warehouses over 5,000 square metres recorded a strong activity in Germany throughout 2011 and returned to growth in France and in the United Kingdom. The disparity between second hand and new premises is widening in most countries since demand is mainly turned towards high-grade premises. According to a BNP Paribas Real Estate research, even though the market has been vigorous during the past few quarters, supply levels…


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BBVA’s president González: “The UK will accept the new EU measures”

MADRID | The president of BBVA, Francisco González, commented at a press conference in Seul during the inauguration of a new branch in the Korean capital, that the worst part of European debt crisis is already over. González’s statement did not go unnoticed in any of the Spanish economic newspapers. “Francisco González pointed out that there would be no problems in the implementation of measures agreed during the meeting of European leaders…


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China suppliers forced to seek business beyond Western Europe

China suppliers are boosting overseas shipments to emerging markets amid slowing orders from the EU as the region tackles its debt crisis. This is according to a survey of 581 exporters by Global Sources. In the months ahead, 42 pc of survey respondents expect to strengthen their footholds in South and Latin America, the Middle East, Africa, Eastern Europe and the Asia-Pacific region. Craig Pepples, Global Sources’ President of Corporate Affairs, said: “China suppliers are already taking proactive measures to…


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UK vs EU, and Australia, China, Japan, US right now

The Conference Board Leading Economic Index®(LEI) for the UK decreased 0.4 percent in both October and September, after decreasing 0.5 percent in August. Jean-Claude Manini, The Conference Board Senior Economist for Europe, said: “The slight improvement in stock prices did not offset the further and broad based deterioration of confidence measures. Coupled with the persistent weakness in the LEI, current economic conditions suggest that the British economy is at risk…


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Invest if you want to overcome the crisis, mobile operators tell the EU

By matching US levels of ICT investment, European states could add up to €760 billion to their collective GDP by 2020, which represents a five per cent increase over forecasts, mobile operators’ association GSMA says. “The mobile industry is one of the most capital-intensive industries, with capital expenditures representing 12 per cent of sales on average in 2010. The mobile industry’s investment demand is considerably higher than for other fast-moving, innovation-based…