Air France-KLM, a top shareholder in Italy’s Alitalia, did not make a clear position regarding a proposed capital increase to save the near-bankrupt air carrier.
Europe
Police arrests over 380 people in Moscow Sunday riot
More than 380 people were arrested in a race riot that occurred Sunday in Moscow. Police authorities in Moscow apprehended more than 380 people in a race riot on Sunday.
Porsche reveals photos of 2014 Macan
Porsche released teaser photos of its 2014 sport utility vehicle or SUV model, the Macan. German carmaker Porsche released teaser photos of its 2014 Macan for its fans.
Porsche Macan to be unveiled in 37 days
The 2014 Macan would be unveiled by Porsche at an auto show in Los Angeles in 37 days. Porsche would be unveiling the Macan in 37 days. The 2014 SUV model would be shown at an auto show to be held in Los Angeles.
Private equity groups eye purchase of theater group Ambassador- report
The Telegraph reported that several private equity groups were invited to bid for a controlling stake of Ambassador.
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The bid for Royal Bank of Scotland amounts to GBP8 billion and is being reviewed to be done by TD Bank.
In a statement, Credit Suisse said it found no evidence of foreign market manipulation. In an interview published Sunday, Credit Suisse said it discovered no evidence of foreign market manipulation.
After delisting the HVB shares in 2008, Unicredit is relisting its German units shareholders. Unicredit is studying to list a minority stake in its German unit, HVB.
According to SNB President Thomas Jordan, protecting the Swiss franc is imperative for economic health.
A venture agreement was formalized by several prominent entities with the goal of creating 'Airport City' in the city of Manchester.
Banking regulators now are empowered to confiscate and break up a financial institution if bankruptcy would only hurt the economy.
Because of the failure to maintain good manufacturing standards, the UK regulatory authorities have withdrawn Wockhardt's certification of good standing.
Co-CEO Anshu Jain of Deutsche Bank said investigations of wrongdoing further eroding public trust in financial markets.
To protect itself from spy intrusions, Deutsche Telekom is instituting local routing of domestic traffic.
