europe news

Profits rise by 217 per cent at African Barrick Gold

African Barrick Gold has reported a half year net profit rise of 217 per cent.
Profits rise by 217 per cent at African Barrick Gold

Dana under pressure from shareholders over KNOC

Shareholders in Dana Petroleum are attempting to force the UK-based oil explorer to open takeover talks with South Korean suitor Korea National Oil Corp (KNOC), according to rep
Dana under pressure from shareholders over KNOC

United Biscuits up for sale

UK-based snack food manufacturer United Biscuits, whose brands include McVitie's, Jacob’s and KP Nuts, is to be put up for sale by its private equity owners, Blackstone and PAI

United Biscuits up for sale

Orders take off at Farnborough

Orders for new aircraft are flying in at the biennial Farnborough International Airshow, the largest of its kind in the world, and an event at which aerospace companies traditio
Orders take off at Farnborough

Telef├│nica deal ÔÇ£extinguishedÔÇØ

Spanish telecoms provider Telefónica has withdrawn its bid to acquire a further €7.15 billion stake in Brazil’s leading cell phone company, Vivo, currently owned by Portugal Tel
Telef├│nica deal ÔÇ£extinguishedÔÇØ

Siemens signs multi-billion euro deals with Russia

Germany’s Siemens AG has signed multi-billion euro deals to supply railway technologies and wind power to Russia.
Siemens signs multi-billion euro deals with Russia

EC grants BA tie-ups

The European Commission has given the go-ahead for British Airways to enter a joint business agreement with American Airlines after the companies agreed to competition safeguard
EC grants BA tie-ups

African Minerals agrees $1.5 billion Chinese deal

Mining group African Minerals has signed a deal with a Chinese steelmaker for a $1.5 billion (£989 million) investment that will help it develop what could be the biggest iron o
African Minerals agrees $1.5 billion Chinese deal

Hopes high for new cap on BP oil well

BP has announced it has fitted a larger, tighter containment cap on the ruptured Gulf of Mexico wellhead that has been leaking oil since the Deepwater Horizon explosion in April
Hopes high for new cap on BP oil well

Firms bid for Saudi contracts

Saudi Arabia has received bids from six groups hoping to build four stations along a 450 kilometre high-speed railway line in the country.
Firms bid for Saudi contracts

HSBC mulling Nedbank bid

HSBC is considering making a bid for South Africa’s Nedbank, majority owned by the insurance group Old Mutual, it has been reported.
HSBC mulling Nedbank bid

Amazon to enter grocery sector

Amazon.co.uk has announced that it will take on the UK’s supermarkets with the launch of its own online grocery store offering free delivery on thousands of products.
Amazon to enter grocery sector

Libya eyeing BP stake

Libya’s sovereign wealth fund is eyeing a stake in the troubled oil giant BP, according to reports.
Libya eyeing BP stake

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