Oil prices recovered on Thursday after a two-day slide as the dollar weakened, making fuel less expensive for holders of other currencies.
Europe
Apple buys German augmented-reality software maker Metaio
Apple Inc (AAPL.O) has acquired Metaio, a German company whose technology melds real-world imagery and computer-generated elements into moving video presentations, according to a corporate filing.
Fingerprint Cards shares at record after Google tie-up
Swedish fingerprint sensor firm Fingerprint Cards said it had cooperated with Google on fingerprint recognition in the new Android software platform, as the U.S. software group looks to boost the use of fingerprint sensors on mobile phones.
Equinix to buy Telecity Group for $3.6 billion, Interxion deal collapses
U.S. data center company Equinix Inc (EQIX.O) said on Friday it had agreed to buy British peer Telecity Group (TCY.L) in a deal worth 2.35 billion pounds ($3.6 billion) which ends Telecity's pursuit of smaller Dutch firm Interxion Holding NV (INXN.N).
Dollar, Chinese shares steady as Europe wobbles
The dollar inched higher on Friday, putting it on track for a monthly rise in May, while Chinese shares steadied after a plunge a day earlier that stoked concerns about the financial health of the world's second largest economy.
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The dollar took a breather on Thursday after hitting its highest level against the yen since 2002, and stocks stuttered as high-flying Chinese shares tumbled and European officials downplayed talk of an imminent deal to keep Greece afloat.
Australian Symon Drake-Brockman is on the front line of a revolution in European finance. The former head of global debt markets at Royal Bank of Scotland (RBS.L) now runs Pemberton Asset Management in London's genteel Belgravia, several miles from the "Square Mile" City of London financial district where bankers work.
European banks Deutsche Bank, Barclays and UBS have seen their market share in foreign exchange trading slump in the past year, as U.S. banks led by Citigroup (C.N) grabbed business, according to widely watched industry rankings.
A string of reversals from sharp moves the previous day marked global financial market trading on Wednesday, with stocks and oil gaining ground and the U.S. dollar falling after its biggest rally in two years.
Amazon’s decision to change its tax-efficient European business structure could raise its tax bill by as much as $100 million a year but authorities will have to fight for additional money and any payments will be hidden from public view.
Oil fell below $65 a barrel on Tuesday, pressured by the possibility that U.S. shale oil producers could increase drilling activity and by a stronger dollar.
The European Central Bank must continue its asset-purchasing program to ensure that euro area inflation returns to target levels, despite signs that deflation fears have eased, ECB governing council member Ignazio Visco said on Tuesday.
Internet retailer Amazon.com Inc.'s (AMZN.O) main German operating unit paid just 11.9 million euros ($16 million) in tax in 2014, despite the group recording $11.9 billion in sales to German customers last year, regulatory filings show.
A senior German official said on Tuesday there was no reason to believe Greece would be in default after a 300 million euro payment to the IMF falls due on June 5.
