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Goldman Sachs faces BES losses

02/09/2014(0)
Goldman Sachs lent over £500m to Banco Espirito Santo (BES) just a month before the Portuguese government was forced to bail out the crisis-hit bank. The Wall Street bank ... Read More
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In tough times, contractors turn to creative marketing campaigns

01/09/2014(0)
In the best of times, selling to the government is not an easy task. In the worst of times, it’s even harder. As federal budgets shrink and competition intensifies, ... Read More
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Merkel unhappy with Draghi’s apparent new fiscal focus

01/09/2014(0)
A German news magazine reported on Sunday that Chancellor Angela Merkel is unhappy with European Central Bank chief Mario Draghi for apparently proposing a greater emphasis on fiscal stimulus ... Read More
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Private equity groups make $500m UK North Sea oil investment

01/09/2014(0)
Buyout groups Blackstone and Blue Water Energy are providing $500m to Siccar Point Energy, a new UK-focused oil company, in one of the largest ever private equity investments in ... Read More
German Parliament

German business attacks ‘complacent’ Berlin

01/09/2014(0)
Germany has become “overconfident” and “complacent”, with the government pursuing policies that put the country’s hard-won competitiveness at risk, some of Germany’s top business leaders warn. Their criticisms of ... Read More
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China Plans a Market for Carbon Permits

01/09/2014(0)
China plans to introduce its national market for carbon permit trading in 2016, a government official said on Sunday, adding that Beijing is close to completing rules for what ... Read More
bank of japan

Weak data to test BOJ’s rosy economic view, policy on hold

01/09/2014(0)
The Bank of Japan will maintain its existing stimulus policy and optimistic economic view on when it meets on Thursday, sources say, preferring to take more time to gauge ... Read More
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ECB’s Draghi Considering Large-Scale Bond Purchases

01/09/2014(0)
Between Mario Draghi and quantitative easing lies an obstacle course. The European Central Bank president’s signal that he’s considering large-scale bond purchases raises the question of how to surmount ... Read More
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Barclays to Sell Retail and Corporate Bank Units to CaixaBank of Spain

01/09/2014(0)
Barclays said on Sunday it had agreed to sell its retail and corporate banking business in Spain to CaixaBank for 800 million euros, or $1.05 billion, the latest development ... Read More
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UK businesses ‘want new EU deal’, says lobby group

01/09/2014(0)
Most British businesses want the UK to renegotiate its relationship with the EU, according to a British Chambers of Commerce (BCC) survey. The lobby group said 60% of the ... Read More
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