Joaquin Almunia, the Competition Commissioner of the EU, still has to make a decision on allegations that Google abused its market dominance and the price discrimination claims made of Russia's Gazprom before his term ends, Reuters reported.
United Kingdom
Babcock International Group adds Oman-based training institute
London, UK-based engineering and support services firm Babcock International Group added Oman-based oil and gas training organization National Training Institute (NTI) for an undisclosed sum to extend the latter's training services to the UK.
Liverpool reportedly in talks to buy £11M stake in Australian football club Melbourne Victory
English football club Liverpool is in talks to acquire an £11-million stake in Australian professional football club Melbourne Victory, according to a report by News.com.au.
British spy unit launches cyberattack on Anonymous -NSA leak
Secret British spy unit Joint Threat Research Intelligent Group (JTRIG) launched a distributed denial of service (DDOS) attack on US-based hacktivist group Anonymous' Internet chat rooms, according to leaked NSA documents obtained by NBC News.
European film producers turning to crowdfunding, face different obstacles
Some European filmmakers that have turned to crowdfunding, which is still in its early stage in Europe, are facing a different set of challenges, Variety reported.
Latest News
Based on data gathered by the Seoul Metropolitan Government, foreign direct investment (FDI) poured into Seoul, South Korea, reached $6 billion in 2013, an all-time high since the global financial crisis hit in 2008.
The UK government is now listing down charities, educational, and other random websites wrongly blocked by Internet service providers when web filters designed to block porn came into full effect.
Starting February 27, London-based co-working space Rainmaking Loft will be opening 80 desks within a 1,000-square-meter office space in Berlin to provide startups with links between the Berlin and London tech markets.
Inq Mobile, the London-based company which is among the first to make a Facebook phone, announced via its website that it has shutdown, but the company has not elaborated on the exact reason.
London-based Zopa, the largest peer-to-peer lending company in Europe, raised $25 million in funding from Arrowgrass Capital Partners. Proceeds will be used to continue the lending firm's growth.
Private equity group 3i said it was able to close exits worth £29 million or $48 million in the final quarter of last year, bringing its overall proceeds for the year to £557 million, Reuters reported.
Three banking sources told Reuters that Greece's National Bank has plans to divest its London-based private equity arm NBGI in order to increase its capital.
Sydney, Australia-based online tailoring startup InStitchu expanded to the UK by partnering with two London-based entrepreneurs who planned to open a similar business but instead bought a minority stake in the company's new UK subsidiary.
Bathgate, West Lothian-based mobile phone recycling company Redeem Holdings acquired Macclesfield, Chesire-based rival Eazyfone for an undisclosed amount to enhance its processing capability and increase its annual takeover.
