European Commission predicts 1.5% growth in eurozone economy

Stimulus measures, lower oil prices and a weaker euro have resulted in the European Commission forecasting stronger economic growth in the eurozone, it was reported on Tuesday. According to the European Commission, the executive body of the European Union, growth […]

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UK buyout firm CVC Capital raises €10.5bn for investments in Europe and North America

UK buyout firm CVC Capital Partners Ltd plans to invest further in both Europe and North America and its flagship fund has now raised EUR10.5bn (USD13.8bn) for the

burning cigarette

UK tobacco and alcohol prices higher than the EU average


Vue Entertainment acquired by OMERS Private Equity and Alberta Investment Management for £935m

IMF chief Christine Lagarde

Economic problems in Europe, US to prolong global slowdown — IMF

The International Monetary Fund (IMF) has warned that the failure of US and European policymakers to remedy economic ills at home will result in a prolonged global slowdown. The

City of London

City of London opposes tighter regulation of high-frequency trading

European politicians drafting tough new curbs on the controversial trading practice high frequency trading (HFT) have faced stiff resistance from the industry – especially the City of London. The

China's financail centre

China Construction Bank seeks acquisitions in Europe — report

Chinese lender China Construction Bank Corp (SHA:601939), or CCB, is interested in buying a European bank, or a minimum of 30% to 50% in one and has CNY100bn

Asia-Pacific shares

Asia-Pacific stock markets rebound on G8 comments

Stock markets in Asia and Australia recovered slightly on Monday as G8 members, meeting over the weekend, said they would do everything in their power to avoid another

Spanish Banking

Shares down on continued worries over Spain and Greece

Worries over the situation in Greece and Spain sent shares down on the opening on Friday, with Spain's blue chip index falling by over 2% before recovering,

David Cameron and Obama in front of 10

Cameron urges Europe to contain damage from Greek crisis

British prime minister David Cameron has pledged do all that he could to secure the UK's financial system and is urging Europe to deal with its currency crisis. Yesterday,

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