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Private equity fundraising in Europe hits 8-year high
May 15th, 2017
Private equity fundraising across Europe hit its highest level last year since 2008 at €74.5bn, a 37 per cent year-on-year increase, as investors hunted for value in a low interest rate environment, a new report shows. Invest Europe’s 2016 ...
How natural gas could be a geopolitical game-changer in the Mideast
May 15th, 2017
It’s a discovery that could easily shake up the geopolitical order in the Middle East. Deep under the eastern Mediterranean lies the largest natural gas basin ever found on Europe’s doorstep. But the gas fields often coincide with disputed ...
Foreign investors pumping billions in the second most populous city of the UAE
May 15th, 2017
Foreign investors pumping billions into Abu Dhabi real estate Investment into Yas, Reem and Saadiyat islands on the rise, says SCAD More than 25 percent of total foreign investment was made into Abu Dhabi’s real estate and infrastructure projects ...
Lawyers are suing international banking and financial services company Wells Fargo
May 15th, 2017
Lawyers for customers: Wells Fargo may have opened about 3.5M bogus accounts Lawyers suing Wells Fargo on behalf of aggrieved customers say the bank may have opened about 3.5 million unauthorized accounts, far more than the figure bank and ...
Digital currency, the Airbnb and Uber killer
May 15th, 2017
Ride-sharing app Uber experienced a setback on Thursday (11 May), as a top EU lawyer of the European Court of Justice (ECJ) stated in an opinion that the company can be regulated as a transport business, instead of an ...
Update on Brexit
May 14th, 2017
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced ...
Swedbank acquires PayEx
May 11th, 2017
Swedbank AB, a Nordic-Baltic banking group based in Stockholm, Sweden, has issued a press release to announce the acquisition of PayEx, a fullservice payment provider in the Nordic region. Through the acquisition Swedbank enters a new market and add ...
HKEX released Q1 Results
May 11th, 2017
The board of directors of Hong Kong Exchanges and Clearing Limited (HKEX ) has issued an announcement to publish the unaudited consolidated results of the Group for the three months ended 31 March 2017. Key messages Revenue and other income ...
Which European countries tourists prefer to visit
May 11th, 2017
Spain is the main tourist destination in the EU Data from April 2017. Planned article update: December 2017. This article provides information on recent statistics in relation to tourism in the European Union (EU). Tourism plays an important role ...
$25 Billion in 30 Days: Are Cryptocurrencies in a Bubble?
May 11th, 2017
The combined market capitalization of all public cryptocurrencies has surged nearly 80% over the last month, as more than $20bn worth of new investment dollars has flooded the nascent market. In roughly 30 days alone, the market cap for ...
