Europe

UKAR sells Northern Rock portfolio for GBP400 million

UKAR announced the sale of a Northern Rock portfolio to JC Flowers and Marlin Financial. UK Asset Resolution (UKAR), also known as Britain's 'bad bank', announced that they have agreed to the sale of a Northern Rock portfolio.


Child pornography block may shut down other web businesses

After David Cameron's proposal of a universal block to child pornography sites, copyright owners expressed concern of the possibility of having reduced operations due to filtering.

Falcon offered to buy shares from FOGA shareholders

Falcon Oil & Gas Co said that they have in the process of acquiring shares from remaining FOGA shareholders.

European stocks on the rebound

European stocks rebounded with Volvo and EasyJet as top gainers. European stocks have rebounded, with Volvo and EasyJet leading the top gainers. The world's largest truckmaker, Volvo, posted a gain of 3.


Latest News

SEB Venture Capital stated that it had invested in Donya Labs AB. SEB Venture Capital revealed that it had invested in Donya Labs AB, an international player in the optimization of 3D graphics for video games.
Solis Capital announced that it had sold a majority stake in Tigers to GeoPost S.A. Solis Capital Partners LLC, a Newport Beach-based private equity group, revealed that it had sold its majority interest in Tigers Ltd to GeoPost S.
Unidas announced plans for a public offering. Unidas, the Brazilian car rental company, announced plans for a public offering. The company said that they plan to use the funds from the public offering to finance potential acquisitions.
Sources stated that CRH Plc could be acquiring the cement arm of Shriram Group. Sources have said that CRH Plc, an Ireland-headquartered cement manufacturer, wanted to acquire Sree JayaJothi Cements.
Telefonica's merger with German KPN unit has posed a dilemma to the European Commission. Telefonica SA (TEF) and Royal KPN NV are testing European regulatory stipulations with their upcoming merger of mobile-phone units in Germany.
Vivendi SA is in talks with Emirates Telecommunications concerning its 53 percent stake in Maroc Telecom.
Raising a prince was basically like raising ordinary children, except much expensive. The Duchess of Cambridge finally gave birth to a son, the prince of Cambridge, who was third in line to the throne.
The Bank of Cyprus is thinking of restructuring its operations into retail and asset management. The Bank of Cyprus is considering the possibility of splitting its operations as part of its restructuring scheme.
The chairman of Vodafone said that he will seriously consider Verizon's offers for a buy out for as long as it gives value for its shareholders.
The Help to Buy scheme of George Osborne risked creating a new housing bubble. The Help to Buy scheme was George Osborne's latest attempt at kickstarting the economy.
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