Norway's financial regulator requires 'too big to fail' tag on eight banks

Eight banks were identified as 'too big to fail' by the Norwegian financial regulatory authority.


UBS AG and Credit Suisse Group AG may need to downsize with higher ratios

With Switzerland requiring higher capital ratios, banks may be hard pressed to continue with their normal operations according to JPMorgan Chase analysts.

Google invests in data centers in Nordic region

As mobile demand increases, so does data storage requirements so Google is now expanding its data centers in the Nordic region.

PurThread raises USD7 million in funding round to advance in textile market

PurThread Technologies, a textile company which had pioneered the technology to reduce bacteria in textile fibers, received over USD7 million in funding led by board chairman Richard Bodman.


Latest News

The European Central Bank's bets on easing euro zone rates pushed most of its government bonds up.
US fund York Capital Management invested EUR100 million in GEK Terna, one of Greece's top construction groups.
Hookipa Biotech AG, whose Vaxwave Technology, would help in the furtherance of infectious disease control and cancer management.
Investment firm's portfolio company acquired plastic coatings manufacturer in a recent transaction.
Telecom equipment maker Alcatel-Lucent launched EUR955 million in capital increase and USD750 million in high-yield bonds.
Google placed an additional EUR450 million in its data center located in Hamina, southeastern Finland.
The 2013 Investec Private Equity study takes the observations of fifteen senior private equity executives and their views on the future of the market.
Dubai developer DAMAC Properties announced its plans to sell USD500 million worth of shares on the London Stock Exchange.
Nine Entertainment Co's upcoming IPO could put the company's value at over AUD2.77 million.
Owners of over USD2 billion artwork to be sold in auction houses like Christie's included hedge-fund billionaire Steven A. Cohen.
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