Industry analysts said that AT&T's consideration on acquiring a European asset like Vodafone Group was the next logical step for the US mobile operator.
Europe
Chancellor Merkels' conservatives, SPD plans grand coalition government for Germany
Discussions for the formation of a grand coalition government in Germany had already begun. Talks had begun in Germany for a grand coalition government to be put in place by Christmas.
Tech entrepreneurship proves to be the answer for Greece’s economy
Greece’s growing tech scene has aided in the recovery of the country’s economy. According to a Reuters column article, Greece suffered an unemployment rate of 27.
Banks expecting ECB rate cut
More than seven banks are changing projecting that the European Central Bank would cut its interest rates after its meeting this November.
ING to exit from mortgage securities for EUR400 million profit
ING Group announced its exit from its EUR24 billion or USD33 billion mortgage securities portfolio. Dutch financial services firm ING Group announced on Friday that would it be exiting from a series of US mortgage-backed securities.
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French food group Danone and Russian firm Damate had yet to agree on the size of the investments to be made for the construction of new dairy farms to direct supply Danone's dairy factories.
Sandra Ortega Mera inherits shares in Inditex and Rosp Corunna Participciones Empreseriales SL, which owns the world's largest clothing retailer Zara.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Alexander Mann Solutions was purchased for GBP260 million by private equity firm New Mountain Capital.
Volkswagen's sales in the US remained a mystery to its manufacturers. Volkswagen AG (VW), the world's third largest automaker in the world, is disappointed with its US sales, according to Bloomberg report.
A new financial advisory services firm in London had been formed by three former bankers who had successful careers in mergers and acquisitions.
IBM offered the biggest sale in securities. International Business Machines Corp. (IBM), one of the world's largest computer-services providers, is marketing the biggest bond sale worth €2.
The outlook of the Greek economy showed promise as stocks receives attention. Analysts said Greek stocks are performing well and have beaten every market while recession eased, according to a report by Bloomberg.
The Basel Committee on Banking Supervision overhauled its current bank-trading book rules for banks.
