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.