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Seven EU States Sign Declaration to Promote Blockchain Use

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Seven southern Ecu Union member states have launched a declaration calling for assist within the promotion of Dispensed Ledger Generation’s (DLT) use within the area, the Monetary Instances (FT) stories Dec. four. The declaration used to be reportedly initiated by means of Malta and signed by means of six different member states, France, Italy, Cyprus, … Reported by The News Articles 54 minutes ago.

EUR/USD looks to finish the day flat near 1.1340

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· *Today's data from the euro area support the shared currency.*
· *Italy is expected to submit the revised budget by next week.*
· *US Dollar Index continues to stay close to the 97 **mark**.*

Since the start of the week, the EUR/USD pair is having a difficult time making a decisive move in either direction and looks to close the day virtually unchanged near the 1.1340 handle on Wednesday after fluctuating in a relatively tight 50-pip range.

Earlier today, the data released by the Eurostat showed that retail sales in October, which contracted 0.5% in September, rebounded and rose 0.3% to surpass the analysts' estimate of 0.2%. Additionally, the IHS Markit's Services PMI and Composite PMI figures both came in above market expectations to give an additional support to the shared currency. However, underlying details of the PMI report revealed that the economic growth in the eurozone continued to slow in November.  

Commenting on the PMI report, “The final eurozone PMI for November came in higher than the flash reading but still only points to modest GDP growth of approximately 0.3% in the fourth quarter, suggesting the region remains stuck in a soft-patch," said Chris Williamson, Chief Business Economist at IHS Markit.

Meanwhile, in an interview with ANSA, Italy's Deputy Prime Minister Luigi Di Maio noted that the climate was changing in budget talks with the EU and reiterated that the government wanted to make sure to avoid any disciplinary actions from the EU.

With the U.S. markets staying close on Wednesday, the second half of the day didn't offer any catalysts and allowed major pair to go into a consolidation phase. In its Beige Book, "Most of the twelve Federal Reserve Districts reported that their economies expanded at a modest or moderate pace from mid-October through late November," the Federal Reserve said to point to an upbeat near-term outlook. 

*Technical outlook by FXStreet Chief Analyst Valeria Bednarik*

The pair has been trading in a well limited 100 pips' range for over a week already and doesn't seem in a rush to go anywhere fast. There's a daily ascendant trend line coming from November lows at around 1.1300 providing a psychological support, while a strong resistance comes at around 1.1425 with a stronger one at 1.1460. It would take some follow-through beyond this last for the pair to actually turn bullish.

In the meantime, the short-term picture offers a neutral-to-negative stance, with the pair currently battling with converging 20 and 100 SMA, unable to gain ground above them, and technical indicators hovering around their midlines without strength enough to confirm an upcoming direction ahead.

Support levels: 1.1315 - 1.1290 - 1.1260.

Resistance levels: 1.1365 - 1.1400 - 1.1430. Reported by FXstreet.com 37 minutes ago.

Italy buys back €3.2bn of short-dated debt

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Move to enhance market liquidity financed by tap of existing bond Reported by FT.com 4 hours ago.

Vehicle tax drives budget fallout among Italy's ruling populists

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The ruling Five Star Movement and its coalition partner, the League party, look to have had a falling out over the budget. Reported by euronews 3 hours ago.

Solutions 30 : Information relating to the total number of voting rights and shares making up the capital

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Regulated information
06 December 2018- 20h

*Information relating to the total number of voting rights and shares making up the capital*

 

Article L. 233-8-II of the French Commercial Code and article 223-16 of the General Regulations of the French Financial Markets Authority

Number of shares making up capital Total number of voting rights*
104 057 392 104 057 392

* This number is calculated based on all of the shares carrying voting rights, including shares without voting rights in line with paragraph Z of article 223-11 of the French Financial Markets Authority’s General Regulations.

*About SOLUTIONS 30*

The SOLUTIONS 30 Group is Europe's leading provider of Solutions for New Technologies. Its mission is to grant individuals and businesses alike access to technological changes that transform our daily lives: computers and the Internet in the past, today’s digital changes, and future technology that will make the world ever more connected in real time. Since its founding, the Group has handled more than 10 million service calls by drawing on a network of 4,000 regional technicians. SOLUTIONS 30 currently covers the whole of France, Italy, Germany, the Netherlands, Belgium, Luxembourg and Spain. SOLUTIONS 30 S.E.'s capital comprises 104 057 392 shares, with an identical number of theoretical and exercisable voting rights.
Solutions 30 S.E. is listed on the Alternext market – ISIN FR0012750586 – code ALS30, eligible for the PEA-PME share savings plan, and on the Frankfurt stock exchange on the Xetra electronic system (ISIN FR0013188844 – code 30L2)
For more information, go to www.solutions30.com*SOLUTIONS 30 CONTACTS:*

*SOLUTIONS 30* *EDIFICE COMMUNICATION*
Nezha Calligaro | CEO PA Samuel Beaupain | Press Relations
+352 (0)2 648 19 17 +33 (0)6 88 48 48 02 | samuel@edifice-communication.com
*GENESTA Finance*  
Hervé Guyot | Listing Sponsor Nathalie Boumendil | Investor Relations
+33 (0)1 45 63 68 60 | hguyot@genesta-finance.com
+33 (0)6 85 82 41 95 | nathalie@edifice-communication.com

*Attachment*

· PRESS RELEASE 06 DECEMBER 2018 Reported by GlobeNewswire 2 hours ago.

Gigi Hadid Looks Stylish While Heading Out of Milan!

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Gigi Hadid is such a jet-setter! The 23-year-old model was spotted catching a flight on Thursday (December 6) in Milan, Italy. PHOTOS: Check out the latest pics of Gigi Hadid Gigi looked chic in a brown coat while making her way through the airport. One day before (December 5), Gigi attended the 2018 Pirelli Calendar [...] Reported by Just Jared 2 hours ago.

Gigi Hadid Looks Chic While Making Her Way Out of Italy!

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Gigi Hadid is a stylish world traveler. The 23-year-old model was seen heading out to her flight on Thursday (December 6) in Milan, Italy. PHOTOS: Check out the latest pics of Gigi Hadid Gigi looked chic in a brown coat while making her way through the airport. One day before (December 5), Gigi attended the [...] Reported by Just Jared Jr 1 hour ago.

Italy's Val Gardena to host rescheduled women's WCup races

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OBERHOFEN, Switzerland (AP) — Two women's Alpine World Cup ski races canceled by warm weather in France have been moved to Italy.The International Ski Federation has announced a new schedule creating six straight days of World Cup... Reported by New Zealand Herald 2 hours ago.

Jennifer Aniston Says It's "Amazing" to See Pal George Clooney as a Dad

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Jennifer Aniston spent time with the Clooney family over the summer. While filming her upcoming Netflix movie Murder Mystery in Italy, Aniston got to see her longtime pal George Clooney... Reported by E! Online 1 hour ago.

Fulham interested in transfer deal for Manchester United defender Matteo Darmian, but he wants Serie A return

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Fulham are interested in signing Manchester United full-back Matteo Darmian, according to reports. The Italy international, who is in the final year of his Red Devils deal, has also been linked with Inter Milan and Lazio. Darmian has failed to hold down a regular starting place since signing for £12.7million from Torino in 2015. And […] Reported by talkSPORT 2 hours ago.

Opinion: Tottenham would have their very own Marcos Alonso if they sign 26-year-old Serie A ace

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Tottenham should sign Italy international Cristiano Biraghi to replace Ben Davies and Danny Rose. Reported by Football FanCast 1 hour ago.

'It will be over' - Balotelli unlikely to receive contract extension from Nice

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The Italy international has struggled this season and while he the club executive defended him, he said it will be his last year with the team Reported by Goal.com 28 minutes ago.

Comcast hinted that its mobile app xFi might be key to its plans for newly acquired Sky

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Comcast hinted that its mobile app xFi might be key to its plans for newly acquired Sky· Comcast CFO Michael Cavanaugh gave an initial indication of how Comcast's offerings might inform decisions at its newly acquired Sky.
· Sky execs expressed interest in Comcast's Xfinity xFi mobile app, which lets customers access and control their Comcast broadband service, Cavanaugh said.
· Comcast sees xFi as a differentiator that attracts and retains broadband customers. 

After a blockbuster summer of media bidding, Comcast walked away with the crown jewel of British broadcasting, Sky.

Sky, a pay-TV business that serves 23 million customers in the UK, Ireland, Germany, Austria, Italy, Spain, and Switzerland, is seen as a rarity in that it owns premium content and a broadband service to distribute it. Comcast, the largest US cable-service provider, serves 22 million video customers and 26 million internet customers.

But details about Comcast's plans for Sky have been sparse. Speaking at a UBS investor conference in December, Comcast CFO Michael Cavanaugh gave an initial indication of how Comcast's offerings may inform those plans.

Sky executives expressed interest in Xfinity xFi, a mobile app that lets Comcast customers access and control their network. With xFi, customers can set up wifi networks, troubleshoot network issues, see what devices are connected to their networks, and block or pause connected devices. 

Cavanaugh said Sky executives were like "kids in the candy store in terms of how can they take that and ... use it to differentiate themselves as a broadband reseller, basically in the Italian market," according to a transcript of the conference.

"In markets [where Comcast offers its X1 video platform], you hear a lot more about xFi, you see a lot of advertising about our differentiated broadband product and what xFi is and examples of the app," Cavanaugh said.

Sky and xFi also share a history; Comcast exec Fraser Stirling, who oversees product development for xFi, worked at Sky for eight years, leading emerging product strategy and hardware.

*Read more:* Comcast's bid for Sky throws uncertainty into Hulu, Disneyflix and Now TV

*Differentiation is important to telecom companies*

The ability to differentiate their broadband product is important to telecom companies, which are increasingly concerned about retaining customers. That Comcast, the largest pay-TV provider in the US, has more broadband customers than video customers shows just how vital broadband service is to the company as traditional linear TV subscribers decline.

Sky is similar to Comcast in that it has the ability to bundle video and broadband offerings. Here, Comcast has an advantage over telcos by virtue of the coaxial cable it uses to deliver broadband. In telecom, the cheapest option for broadband access is typically DSL. DSL — digital subscriber line — is a service that's provided over a copper wire. This type of service is slow and unreliable with limited ability for streaming. The cheapest option at cable companies, on the other hand, is coaxial cable, which delivers broadband at faster speed and more reliably. Fiber is the fastest and often most costly option.

Sky has both DSL and fiber offerings, though it launched fiber-only service in Italy this year. Sky has an advantage over traditional satellite companies with its ability to bundle through Openreach, a UK telecom company that connects nearly all homes in the UK to a national broadband network.

"Sky does sort of have a double play because in the UK ... through Openreach," Greg Williams, an analyst at Cowen, told Business Insider. "The UK allows Sky to get really good broadband for cheap. The government allows it for really good rates, wholesale prices, so they get the copper connection or even the fiber connection under UK regulation."

On top of potentially building out an xFi-like product at Sky, Comcast seems eager to expand its newly acquired international footprint.

"[Sky] can expand, we think, and are trying to, in early days in Spain, and some other markets, they can expand into adjacent geographies," Cavanaugh said.

*SEE ALSO: Verizon CEO Hans Vestberg explains the company's massive reorganization*

Join the conversation about this story »

NOW WATCH: The true story behind the name 'Black Friday' is much darker than you may have thought Reported by Business Insider 27 minutes ago.

Italy to play 1st 2 Euro 2020 qualifiers in Udine and Parma

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ROME (AP) — Italy will play its first two qualifying matches for the 2020 European Championship in Udine and Parma.The Italian football federation announced on Friday that the match against Finland on March 23 will take place at... Reported by New Zealand Herald 3 hours ago.

Juventus vs Inter: TV channel, live stream, team news & preview

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The Turin giants have an opportunity to further assert their dominance in Italy by overcoming their great rivals in the Derby d'Italia Reported by Goal.com 3 hours ago.

Tougher sanctions for violence against referees in Italy

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ROME (AP) — The Italian football federation has introduced stronger sanctions in a bid to combat violence against referees, including a minimum two-year ban.The announcement on Friday came after a spate of incidents occurred in... Reported by New Zealand Herald 3 hours ago.

Developer secures $15.3M loan for Tru hotel project near Little Italy

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The loan to South Bend, Indiana-based Holladay Properties will go toward building a 120-room Tru Hotel by Hilton at the corner of Central and Eastern avenues. Reported by bizjournals 2 hours ago.

Salvini says budget will prevent French-style riots in Italy

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Deputy Prime Minister Matteo Salvini said on Friday that Italy's expansionary 2019 budget, which is contested by the European Commission, will prevent the kind of unrest that has rocked France. Reported by Reuters 2 hours ago.

👉 The Humble Brilliance of Italy's Moka Coffee Pot via Hvper.com

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Reported by Upworthy 1 hour ago.

6 dead, including 5 young teens, in stampede at overcrowded nightclub on Italy’s coast

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A stampede at a rap concert in an overcrowded disco in central Italy killed six people, including five young teenagers, early Saturday, police said.

 
 
 
 
 
 
  Reported by USATODAY.com 8 hours ago.
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