Europe

Spain, France Arrest 5 Members of Chinese Money Laundering Gang That Smuggle Over 1 Million Euros a Day

French and Spanish authorities have arrested five members of a suspected Chinese money laundering network in Spain this week.


Lufthansa Receives EU Approval to Acquire ITA Airways for $350 Million

Lufthansa has won EU antitrust approval to buy 41% of ITA Airways for around $350 million...

Russia's Central Bank Encourages Businesses to Use Crypto to Evade Sanctions

Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners...

UK: Nurses Express Heartbreak as Hospital Patients Die Alone Amid Staff Shortages

Nurses in the UK express profound distress and heartbreak over hospital patients being left to die alone amidst shocking staff shortages, highlighting compromised care standards where survival is now ..


Latest News

European infrastructure projects hot among investors- report
Citing data from Preqin, a report on the Financial Times said that investors were betting on European infrastructure projects. Despite the demand, the funds have backed fewer projects this year.
Germany-based SolarWorld buys Bosch Solar Energy
Germany based energy firm SolarWorld has bought Bosch Solar Energy in an effort to increase its influence and market share in the solar energy industry.
Apax Partners, Carlyle Group, Baring Asia vies to takeover India's SourceHOV
Various private equity firms from the UK, US and Hong Kong are reportedly among those who placed initial bids to takeover Indian business process outsourcing company SourceHOV. Initial bids have value
Denmark's TDC joins call for mergers in Nordic market
With market saturation leading to falling prices which have hurt earnings and prevented telecommunications operators from making investments, TDC Chief Executive Carsten Dilling has joined the call of
UK software firm Datel acquires Sage 200 business from Pythagoras
Software solutions maker Datel, the leading Sage Business Partner in the UK, announced its acquisition of the Sage 200 customer base from Pythagoras Communications Ltd.
Russia offers cheaper natural gas to Ukraine to join economic bloc
Ukraine can get cheaper natural gas if it joins an economic bloc led by Moscow, Russian First Deputy Prime Minister Igor Shuvalov told Bloomberg News.
German retailers see promising start to Christmas sales season
German retailers are satisfied with the start of the Christmas sales season, according to a survey conducted by their HDE industry association.
France looks into relaxing rules on Sunday shopping
France will move closer towards relaxing restrictions on Sunday opening for shops when a government-commissioned report on proposed reforms is released on Monday.
Petrofac not interested in acquiring Foster Wheeler -source
British oil services group Petrofac is not interested in acquiring Swiss-based engineering company Foster Wheeler, a source familiar with the UK company said on Sunday.
Iceland government launches debt relief package for households
Iceland said on Saturday it would launch a mortgage debt relief program worth about 150 billion krona, in a move that could hurt its credit ratings and which critics say could scare off foreign invest
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