Europe
UK Stocks Rises to Highest in 6 Months
UK stocks rose to their highest in 6 months There was a rise in United Kingdom stocks this week, the biggest weekly gain seen in six months. There was an increase of 78.
Avnet Inc To Acquire MSC Group
Avnet Inc expressed their interest in acquiring MSC Investoren GmbH Avnet Inc announced that they have entered an agreement to acquire MSC Investoren GmbH (MSC Group).
Davies-Led Group Interested In Lloyd's Stake
A Mervin Davies led investment group is showing interest to bid for part of the stake in Lloyd's Banking Group
ING Sells Stake In ING-BOB to BNP Paribas Cardif
ING announced that they are selling their stakes in Chinese joint venture ING-BOB to BNP Paribas Cardif.
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Chargemaster Plc intended to raise GBP6 million through an initial public offering that is expected to start trading this month according to its CEO, David Martell.
Audi sees trade talks as chance to cut back on rules set by U.S. regulators Manufacturer of advanced lighting systems, Audi AG, sought the approval of futuristic headlights which will automatically dim for oncoming vehicles, which are set to be sold in the US.
ProSiebenSat.1 said that its owners did not find any potential buyer for Der Spiegel, a German commercial broadcaster.
The Adveo Group is studying acquisition prospects in the Latin America and Eastern Europe markets Adveo Group International SA (ADV) announced that they are studying acquisitions to enter the fast growing markets of Eastern Europe and Latin America.
Smartphone app developer Shazam received US$40 million worth of investment from billionaire Carlos Slim.
Vivendi explored other options to get cash from its Activision Blizzard arm after failed sale of a part of its 61% stake in the US video games business.
Mobileye NV said on Sunday that it had raise money from five investors valuing its equity to US$1.5 billion.
BP PLC and Royal Dutch Shell opted to hold funds for four current investments Royal Dutch Shell and BP PLC halted funds for four separate investments, executives at BP and Royal Dutch Shell said in interviews.
On Sunday, Greek and EU officials said that Greece is likely to reach a deal with foreign lenders regarding its bailout review.
Germany's Bundesbank head says that the ECB cannot solve the current Eurozone crisis. According to Bundesbank Chief Jens Weidmann, the European Central Bank cannot solve the current Euro Zone crisis.