Chinese carmaker and France to contribute EUR1.5 billion individually for the expansion of Peugeot in Europe and in Asia.
Europe
Investor valuation sought to be raised for OAO RN Holdings
Investors seeking a higher violation for shares of OAO RN Holdings, a subsidiary of OAO Rosneft. Templeton Emerging Markets Group Chairman Mark Mobius said the OAO Rosneft offer to purchase shares in OAO RN Holding must be pegged above RUB67 or USD2.
European Union-Taiwan ties opposed by China
China had formally protested bilateral ties between the European Union and Taiwan. Beijing raised objections to the actions done by the European Parliament to build closer trade ties with Taiwan.
Countries must pay attention to global economic security - report
According to a Reuters report, world leaders should not ignore issues surrounding global economic security.
New investments keep Alitalia flights on time
Alitalia remains operational because of capital infusion from Il Poste and Italian banks. Poste's investment in Italia is a move to allow the airline to keep operating and keep itself searching for foreign partners without denigrating itself.
Latest News
Liberty Global announced that the company is contented with its 28.5% holdings in Dutch cable company, Ziggo, said a report from Reuters.
B. Braun got regulatory clearance to increase its stake in German hospital operator Rhoen-Klinikum after filing a request last month, said a report from Reuters.
A fake press release was sent claiming Samsung Electronics would buy Sweden’s Fingerprint Cards that made shares soar on Friday trading.
Alitalia, an almost bankrupt Italian firm, had received a lifeline last Friday after the company's board approved a capital increase, reported Reuters.
Cambridge Innovation Capital (CIC) launched a GBP50 million fund to place investments in help the development of ideas of companies and startups, said a TechCruch report.
Samsung Electronics Co Ltd issued a statement to deny reports of its acquisition of Fingerprint Cards AB for USD650 million.
A total of USD237.1 million was given to Rostelecom by Deutsche Bank and Russian Direct Investment Fund for over 72 million Rostelecom ordinary shares.
Retail buyouts and mergers lead by foreign exchange market broker FXCM Inc had been seen proliferating in the midst of closures of some of the biggest hedge funds in the US and European Union.
Iconic five star hotel The Savoy would be in danger of defaulting on its loan obligations should its business revenues do not improve.
