Fairfax increases its shareholdings to 42% in Eurobank. Fairfax Financial Holdings would be raising its shareholdings in Eurobank Properties, the real estate firmn from Greece.

The Austrian construction group Alpine Bau claims insolvency, and stands to be the largest ever in Austrian history.

The Belgian regulatory authorities have imposed fines on former CEOs and insurer of Fortis because of delayed information or incorrect information dissemination.

Many hedge fund managers fear extension of Eurozone debt crisis as well as local bank issues hovering over the financial markets.

Russia is determined to sell its interest in private enterprises and one of them is their 53% interest in Rostelecom.

Swedish private equity firm Segulah Advisor named Lars Nyberg as member of the board. Stockholm-based private equity investment company Segulah Advisor announced on Wednesday that it has chosen Lars Nyberg as its newest member of the board.

STAT-Diagnostica appointed Gerard Valliant as its new chairman. (Photo : Reuters)The image is the diagnostics center of a hospital. STAT-Diagnostica, a medical diagnostics company, has announced Gerard Vaillant as its new chariman of the board of directors.

Hennes & Maurits clothing company said that its sales are boosted this month, keeping investors calm despite its poor performance last quarter.

The restructuring of the 3i Group Plc continues, with more job cuts in the offing. (Photo : Reuters)The image is the corporate logo of the 3i Group. 3i Group Plc, the buyout firm from Britain, is in the midst of carrying out a restructuring plan.

A Braunschweig-based court issued its decision to take the Eur2 billion damages lawsuit against Porsche SE to a specialized court.