Market Update Global . BlogSpot

Europe News

featured

Rebels declare victory in East Ukraine vote Sunday, 11 May 2014 | 7:15 PM ET

Rebels declared victory in a referendum on self-rule for eastern Ukraine, with some saying that meant independence and others a union with Russia.
» Read More

Ukraine referendum illegal: EU

Publicis CEO: Merger off as 'equality impossible'

Big week ahead in Pfizer's fight

More

• UK millionaires shoot up as households get richer Saturday, 10 May 2014 | 4:56 AM ET

  

  U.K. households are nearly £100,000 wealthier than a decade ago, according to a report by Lloyds Bank out on Saturday.
• Detergent pulled from shelves over Nazi 'code' Saturday, 10 May 2014 | 10:31 AM ET

  

  Procter & Gamble has apologized after stirring anger in Germany for unintentionally placing a neo-Nazi code on detergent packages.
• Pfizer fights back against AZ takeover critics Sunday, 11 May 2014 | 6:12 AM ET

  

  Pfizer has launched a fight back against critics of its proposed takeover of AstraZeneca, but did not make any fresh promises on jobs or investment.
• Merkel: Siemens-Alstom deal a 'corporate decision' Saturday, 10 May 2014 | 7:43 AM ET

  

  German Chancellor Angela Merkel said that the tie-up between Siemens and Alstom would be, first and foremost, a corporate decision.
• Barclays' rivals smell blood after overhaul Saturday, 10 May 2014 | 5:46 AM ET

  

  After a "generational shift", the worry for Barclays is that top staff and clients leave and the business slowly dies.
• France and tech start-ups: Bad romance? Friday, 9 May 2014 | 7:15 AM ET

  

  France appears to have the talent and know-how to foster the creation of successful technology companies, but its record at retaining them is less than impressive.
• Great Recession over as UK nears pre-crisis peak Friday, 9 May 2014 | 10:03 AM ET

  

  The U.K.'s economic output will top its pre-crisis peak in the next few months, according to a new forecast, marking an end to the "Great Recession" that has plagued the county.
• Pfizer/AstraZeneca: The numbers you need to watch Friday, 9 May 2014 | 4:47 AM ET

  

  Pfizer has been rebuffed more often than a particularly unlucky suitor in a romance novel by coy AstraZeneca.
• S&P revises Portugal outlook to stable from negative Friday, 9 May 2014 | 1:31 AM ET

  

  Standard & Poor's on Friday revised its outlook on Portugal to stable from negative and kept its credit rating at BB.
• Co-op Bank to raise another $678M in new share issue Friday, 9 May 2014 | 2:47 AM ET

  

  Britain's Co-operative Bank said it would raise 400 million pounds ($678 million) of extra capital through the issue of new shares which will see the Co-operative Group's shareholding decline.
• ArcelorMittal trims outlook on China, Russia Friday, 9 May 2014 | 1:47 AM ET

  

  ArcelorMittal trimmed its forecast for global steel consumption on Friday, due to a slowdown in China and a decline in Russia.
• Putin flies to Crimea, more bloodshed in Ukraine Friday, 9 May 2014 | 10:01 AM ET

  

  President Vladimir Putin flew in to Crimea on Friday for parades marking the Soviet victory in World War Two.
• Omnicom, Publicis deal was driven by ego: WPP Thursday, 8 May 2014 | 11:07 PM ET

  

  A deal that would have created the world's largest advertising firm was driven by ego, advertising firm WPP said after the collapse of a planned merger between Omnicom and Publicis.
• Will the ECB's euro bashing work? Thursday, 8 May 2014 | 9:18 PM ET

  

  The euro has taken a beating from comments by the ECB that currency strength is a concern, but will only stay down if action follows.
• Too big to work? Why ad giants called off merger Thursday, 8 May 2014 | 10:24 PM ET