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volkswagen

VW strikes another US emissions scandal deal

21/12/2016(0)
Volkswagen has struck a deal with the US authorities over some 80,000 VW, Audi and Porsche cars with 3-litre diesel engines. The agreement is another step towards allowing the ... Read More
Rugby Union - Aviva Premiership - Northampton Saints v Sale Sharks - Franklin's Gardens

Lloyds Banking Group paying £1.9bn for MBNA credit card business

20/12/2016(0)
Lloyds Banking Group has beaten other bidders to buy MBNA, one of the UK’s biggest credit card issuers, for £1.9bn. The sale, by Bank of America, had attracted interest ... Read More
A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Italy seeks to borrow 20 bln euros to prop up banking sector

20/12/2016(0)
The Italian government decided on Monday to seek parliamentary approval to borrow 20 billion euros to underwrite the stability of its wobbly banking sector, starting with a likely bail-out ... Read More
white-cliffs-britain

UK seeks transitional trade deal with EU to avoid Brexit ‘cliff edge’

20/12/2016(0)
Britain may need an interim trade agreement with the European Union to smooth its exit from the bloc, said Britain’s Trade Secretary Liam Fox, adding there should not be ... Read More
dollar-euro notes

Major Economic Warning Sign: The Euro Is Heading For Parity With The U.S. Dollar

19/12/2016(0)
The collapse of the euro is accelerating, and it looks like we could be staring a major European financial crisis right in the face early in 2017. On Thursday, ... Read More
Scotland's minister for EU negotiations, Russell, poses for an photograph during an interview in Berlin

Scotland unveils proposals on how to remain in the EU single market after Britain leaves

19/12/2016(0)
Scotland will publish proposals this week for how it can remain in the European Union‘s single market after Britain leaves the bloc, in order to avoid the “national disaster” ... Read More
fairfax

Fairfax Financial to Acquire Allied World for $4.9 Billion in Cash and Stock

19/12/2016(0)
Cash and share offer with dividend for total value of $54.00 per Allied World share – $10.00 in cash and $44.00 in Fairfax Shares 18% premium to the last ... Read More
brexit

EU to hit UK with £50 billion Brexit settlement

17/12/2016(0)
The European Commission’s chief negotiator has said that the UK would have to pay a Brexit settlement fee of €50-€60 billion (£42-£50 billion). Michel Barnier mentioned the figure to ... Read More
European-Stocks

European Stocks Hover Near 1-Year High, Set for 2nd Weekly Gain

16/12/2016(0)
European stocks held steady after closing at their highest level since January on Thursday, heading for a second week of gains. The Stoxx Europe 600 Index rose less than ... Read More
fed2

The Fed Lifts Interest Rates On Outlook For Firmer Growth

16/12/2016(0)
The Federal Reserve announced an increase in interest rates yesterday, nudging its target rate up by 25 basis points to a 0.50%-to-0.75% range. The central bank’s revised economic projections ... Read More
Broker Cyprus TopFX