Europe

Merger of media moguls seen to be game-changer

The possible merger of French company Publicis with Omnicom is expected to topple competitor WPP from the top spot.


Monoidics brilliant staff to join Facebook following acquisiition

Facebook absorbs Monoidics personnel to be part of its team following the social networking site's acquisition of the startup company.

Barclays sees CoCos as most attractive option to raise money

Barclays banks on issuing contingent convertible bonds (CoCos) to meet its obligations. Barclays Plc is looking to issue contingent convertible bonds (CoCos) in order to save money and still meet the three percent leverage ratio imposed by Prudential Regulations Authority, owned by the Bank of England.

UK retail giant takes AIM route to raise capital

Conviviality Retail seeks to secure GBP 64 million funding through the Alternative Investment Market.


Latest News

Dexia CEO Karel De Boeck said he wants to avoid further capital injection from taxpayers. CEO of Dexia Karel De Boeck said he does not want any more capital boost.
Russian billionaire Vladimir Evtushenkov said he is considering takeover targets to expand his business abroad.
Apple Inc's German supplier reported a two-month record high after the sales of iPhones surpassed the estimates of analysts.
A source revealed that Publicis and Omnicom are in late-stage talks about a merger of equals. Two of the world's largest advertising firms are said to be in private talks about a possible merger.
A government aide from the United Kingdom urged investors from Google to pull out investments in support of the anti-child pornography caimpaign.
The European Commission accepted the book publisher's pledge to end its ebook deals with Apple that breached EU laws on competition.
For the first time since 2011, the Spanish unemployment rate fell. Spain's unemployment rate dropped for the first time in two years. From a high of 27.
President Francois Hollande to face challenges in reform programs for France's pension system. French President Francois Hollande may manage a lightweight reform regarding the country's indebted pension system.
Liberty Global increased their stakes in Ziggo from 12.65% to 28.5%. Liberty Global announced that they have increased their stake in the Dutch cable operator Ziggo.
Premium of Yandex over rivals Google and Baidu swelled after Russian Internet advertisement demand increased.
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