Euro Zone officials told members to prepare contingency plans in case that Greece exit euro zone, according to Reuters.
Europe
Finmeccanica to sell Avio stake to state-led fund
Italy's Finmeccanica has agreed to sell its stake in aero-engine parts maker Avio to a state-controlled fund as it presses ahead with plans to sell around 1 billion euros ($1.
EU lawmakers back venture capital "passport"
European Union lawmakers approved a draft law on Thursday making it easier to channel funds into start-up companies from next year.
Rothschilds buy into Rockefeller wealth business
Rothschild banking dynasty agreeing to buy a stake in the Rockefeller group's wealth and asset management business to get a long-sought foothold in the United States.
European pension funds cutting equity, euro debt-survey
European pension funds plan to withdraw more money from stock markets to avoid rising volatility and almost 70 percent of firms with exposure to peripheral euro sovereign bonds plan even more reductions.
Latest News
China faces "invisible impediments" to investing in some parts of Europe, with Europeans nervous about allowing it to move into sectors such as nuclear power, a senior official at China's sovereign wealth fund said on Tuesday.
European scientists are testing robot “fish” which can detect pollutant at the Northern Spanish port of Gijon on Tuesday, according to Reuters.
Russia-focused private equity firm Baring Vostok will invest $50 million into Tinkoff Credit Systems (TCS).
Security firm G4S is preparing to sell a large part of its Danish operations in a deal that is expected to be worth more than 1 billion Danish crowns ($174.
Private equity firm Triton said on Monday it had struck a deal to sell Scandinavian installation services provider Bravida to investment group Bain Capital for an undisclosed sum.
mergers under review by the European Commission The following are mergers under review by the European Commission: APPROVALS AND WITHDRAWALS-- French dairy product group Lactalis to acquire Swedish dairy cooperative Skanemejerier (approved May 11)-- Swiss engineering group ABB to acquire U.
Citi (NYSE: C) has been appointed by Phase4 Ventures, a leading London-based venture capital firm, to provide document safekeeping and fund administration services.
Fourier transform makes the investment together with the current owners, CEO Goran Bredinger and Vice President Håkan Johannesson.
ZiLift, an Aberdeen, Scotland-based provider of artificial lift solutions for the oil and gas industry, has received a growth capital investment of £4 million (US$7 million).
