Search Results for: europe
Top investor Neil Woodford buys into AstraZeneca
July 7th, 2014
Britain’s highest-profile fund manager, Neil Woodford, has begun building a stake in AstraZeneca in a move that could scupper rival Pfizer’s chances of buying the pharmaceutical giant later this year. AstraZeneca rejected a £69bn bid from the maker of ...
Rosneft towards new projects in strategic shift
July 7th, 2014
Rosneft will shift its focus from acquisitions to new projects after a period of aggressive dealmaking that has transformed the Russian energy industry, as the country’s economy is hit by US and European sanctions. The move marks a significant ...
Brent Oil Trades Near Three-Week Low on Libya Supply
July 7th, 2014
Brent oil traded near the lowest price in more than three weeks as Libya prepares to increase exports and amid speculation that Iraq’s crude supplies remain safe from violence. West Texas Intermediate was steady in New York. Futures were ...
Regulator says EU Banks Must Shun Bitcoin Until Rules in Place
July 4th, 2014
European Union banks should shun virtual currencies such as Bitcoin until a system of rules to prevent abuses are put in place, according to the bloc’s top banking regulator. The European Banking Authority called on the EU to develop ...
ECB interest rate
July 3rd, 2014
The Governing Council of the European Central Bank (ECB) decided after holding a meeting today, that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain ...
EU Court voids sanctions on former Syrian minister
July 3rd, 2014
A European Union court has voided sanctions imposed by the 28-nation bloc on Syria’s former economy minister. The EU’s General Court said Thursday a travel ban and asset freeze imposed on Mohamad Nedal Alchaar cannot be upheld only on ...
Most Emerging-Market Stocks Advance Before U.S. Payroll Report
July 3rd, 2014
Most emerging-market stocks rose, with the benchmark index holding near a 14-month high, before U.S. jobs data and a euro-area monetary-policy decision today. Anhui Conch Cement Co. (914), China’s largest producer, rose 5.1 percent in Hong Kong after saying ...
Wall Street set to extend highs
July 2nd, 2014
The rally on Europe’s main equities markets is continuing, after fresh prices data for the eurozone did not contain any unpleasant surprises ahead of this week’s European Central Bank policy meeting. The region-wide FTSE Eurofirst 300 is up 0.4 ...
EU approves conditional Telefonica deal
July 2nd, 2014
Telefonica SA (TEF) won European Union approval to merge its German unit with Royal KPN (KPN) NV’s E-Plus after it pledged to bolster smaller rivals and divest spectrum, the European Commission said. Telefonica must sell as much as 30 ...
Green Action plan for SMEs
July 2nd, 2014
It is time for SMEs to turn sustainability challenges into opportunities. Accountants can make both the short and the long-term case for sustainability, says global accountancy body. Despite the importance of small and medium-sized enterprises (SMEs) to the world ...
