Europe

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 the benchmark.


Toblerone Continues to Sweeten Russia's Shelves Despite US Maker Mondelez Halting Imports: Report

Toblerone chocolates have continued to be available on the shelves in Russia despite Mondelez International's efforts to halt imports...

CDK Global Begins Restoring Systems After Cyberattack Disrupts Thousands of Car Dealerships

More than a week after cyberattacks forced CDK Global to shut down its systems, disrupting operations for thousands of car dealerships, the software provider is in the process of restoring its applica..

EU Antitrust Regulators to Scrutinize Microsoft’s $13B OpenAI Investment Over Cloud Exclusivity

The European Union's antitrust regulators are set to scrutinize Microsoft’s $13 billion investment in OpenAI, focusing on the exclusive use of Microsoft's cloud technology and its potential impact on ..


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Orange picks up USD.1.4 from sale of Dominican Unit to Altice
Cable and telecommunications investor Altice's acquisition of Orange Dominicana SA was made in order to expand its already growing empire in the media business in the Dominican Republic.
RBS sells remaining WorldPay stake to Advent, Bain Capital
Royal Bank of Scotland said it sold its remaining stake of about 20 percent in WorldPay to the payment processing firm's majority shareholders, private equity firms Advent International and Bain Capit
Bollore to replace Fourtou as Vivendi Chairman after spin-off of phone unit
Vincent Bollore will be elected as the new Chairman of the Paris, France-based company Vivendi SA after the spin-off of its telecommunications business will be finalized.
Norway's USD800 billion wealth fund should invest in private equity and infrastructure - central bank governor
As the new administration under Prime Minister Erna Solberg reviews the current investment mandate of its USD800 billion wealth fund, top officials like Norway central bank Governor Oeystein Olsen wer
Moncler plans USD 1.1 billion IPO
Moncler will be making a second attempt at an IPO, and is seeking to raise EUR 783 million or USD 1.1 billion in the share sale. Moncler is an Italy-based maker of ski wear.
Russia's USD48 billion bet on Winter Olympics sees Putin sparring with rich elite
Rumors of coercion by the Russian government and President Vladimir Putin on local wealthy industrialists had been shut down by Deputy Prime Minister Dmitry Kozak, who said the moguls enjoyed good dea
Tadhamon Capital concludes acquisition of London's Paul Street development
Bahrain-based Islamic investment firm Tadhamon Capital announced that it has completed the acquisition of Paul Street development in London, in a joint venture with McLaren Property and Apache Capital
Generali to cut costs, bring down debt to improve finances
In order to improve its finances and increase profits, European insurer Assicurazioni Generali said it plans to cut costs further by 2015 and bring down debt.
Burger King forms joint venture to take on McDonald's in France
Burger King Worldwide Inc. formed a joint venture with Bertrand Holding Co. and Naxicap Partners to open new stores in France in the first half of next year. Burger King returned to the country last y
Accor announces hotel group split-up
France's Accor on Wednesday announced a plan to break up the hotel group in order to improve its performance and shareholder returns. Accor, the largest hotel group in Europe, owns luxury and upscale
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