Tags: Europe
Beijing Automotive Seeks European Markets
Beijing Automotive established BAIC International Development Co to lead overseas acquisitions. (Photo : Reuters)The image is a snapshot of a Chinese roadway.
Investors doubt U.S. and Europe gov't debt payment programs
The US and European governments won't be able to make any significant cut back on its deficits, according to investors.
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.
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Europeean private equity company Cinven posted its close for its Fifth European Buyout Fund amounting to 5.3 billion euros.
Euro-area rose amidst negative forcest led by France. (Photo : Reuters)This is a photo of the French and EU flag. The industrial output in the Eurozone has risen despite earlier predictions, mainly due to France's unexpected rebound, giving investors a glimpse of hope to a lomg-awaited revival of the currency bloc's economy from recession.
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.