Tags: Europe
Insurers still unable to break rule deadlock
Insurers and regulators are still unsure after recent proposals were made on the regulation of life insurance products.
PwC Reports Payout to Lehman Bros Europe Creditors
PricewaterhouseCooper, the administrators over the Lehman Brothers Europe post 2008, has announced the payout of a partial sum for unsecured creditors.
Cheung Kong Holdings Buys Out European Owner for Waste Management Firm
Li Ka Shing's firms buys out European owner for Dutch waste management firm. Cheung Kong Holdings Ltd, owned by billionaire Li Ka Shing, and their partners have forged an agreement to purchase Afvalverwerking BV for Eur943.
EU companies rewarded for 'bravery'
Europe's better performance gave companies who used 'brave' investments good results.
Latest News
The Bank of Japan's decision to remain unchanged in its monetary policies resulted in the falling of European government bonds and the increase of borrowing costs for all European sovereigns.
European stocks fell as the German court began hearings on ECB's bond-buying proposal. Due to Bank of Japan's (BOJ) refusal to undertake programs for stimulus expansion, stocks from Europe fell.
BlackRock, in a bid to lower trading costs as well as attract more investors, is setting up the first European ETF.
HIG Europe announces its first Nordic investment. H. I. G. Capital's European management group for global private equity, H. I. G. Europe announced today its primary Nordic venture with the purchase of Freedom Finance Nordic, the biggest consumer loan agency that is operational in Finland, Sweden and Norway.
Best Buy, in a cost cutting move, has dissolved the partnership with Carphone Warehouse Group. The GBP 500 million or the US$775 million sale is an indicator that Best Buy, the world's biggest consumer electronics chain would be scaling back its operations overseas to focus on US business.
Mirabaud & Cie Opens M&A unit in preparation for the market rebound. The Swiss private wealth manager and fund broker Mirabaud & Cie is opening up a mergers and acquisitions advisory group.
Petromoc is mulling on IPO options as to venue and value. The Mozambique state owned distributor of petroleum products, Petroleos de Mocambique SA, is in the process of reviewing the possibility of an initial public offer of its shares either in South Africa or Europe.
Infosys, the paragon of market guidance, has now experienced the shock of falling share values because of failed earnings expectations.
SABIC makes job cuts and closes plants in Europe. Saudi Basic Industries Corp, currently the world's largest petrochemicals group is now reviewing its global expansion outlook.
Tele2 is exploring acquisitions in Europe and Eurasia. Tele2, the Swedish telecommunications firm after its recent Russian exit, is now in search of acquisitions located in Europe and Eurasia.