AXA Private Equity to seeks buyout stakes with $7bn fund
As financial firms and banks are seeking ways to exit their private equity investments, French insurer AXA SA's (EPA:AXA) investment unit has put together a USD7.1bn (EUR5.6bn) fund to take…
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French retailer Carrefour exits Greece via sale of JV stake
French retail giant Carrefour SA (EPA:CA) announced on Friday it had agreed to sell its entire interest in its Greek joint venture to the Marinopoulos group, thus entrusting the management…
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Britain’s young people to struggle to get on the property ladder
The UK’s dwindling stocks of affordable housing has often been called a crisis. But in the report Housing options and solutions for young people in 2020 the Joseph Rowntree Foundation (JRF) says…
Find the Right Credit Card For You
The credit-card market is full of different offers and attractions to tempt in customers. And while it may seem simplest just to take the first card offered to you by…
Bailout for Spain’s banks lifts Asian shares
Spain's EUR100bn bailout package has lifted shares in Asia and resulted in a 1% gain for the euro against the US dollar and the Japanese yen. Stock markets in Japan…
HSBC agrees to sell Greek equities brokerage
British banking group HSBC Holdings Plc (LON:HSBA) said it has sealed a deal to divest its Greek equities brokerage HSBC Securities SA to a group of investors led by the…
Shell considers options after PTT trumps its bid for Cove Energy
Royal Dutch Shell plc (LON:RDSA), pursuing Cove Energy Plc (LON:COV), said on Thursday it was looking into options after Thai oil and gas explorer PTT Exploration and Production Pcl (PINK:PEXNY),…
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 full blown…
US steel group Nucor to acquire ArcelorMittal unit for $605m
US steel and steel products manufacturer Nucor Corporation (NYSE:NUE) said that it had agreed a deal for Skyline Steel LLC, a subsidiary of Luxembourg-based sector player ArcelorMittal (AMS:MT). Nucor will…
France’s Publicis increases presence in China with Longtuo buy
French advertising major Publicis Groupe SA (EPA:PUB) said on Monday it had taken over Chinese digital marketing firm Longtuo, with significant e-commerce expertise in creative, customer acquisition, marketing solutions and…
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