Europe

Goldman Sachs Removes Bonus Cap for UK Bankers

After the UK removed local pay restrictions for bankers last year, Goldman Sachs was the first to remove its bonus cap for its bankers.


US Accuses Russia of Quietly Shipping Refined Petroleum to North Korea at Levels Violating UN Cap

The US has revealed that Russia has been discreetly supplying refined petroleum to North Korea at levels that seem to exceed UN Security Council limits...

Uber Sued by London Black Cab Drivers for £250 Million Over Taxi Booking Rules

Uber is facing a multi-million-pound lawsuit filed by nearly 11,000 black cab drivers in London, England...

Joe Biden Administration Sanctions Hundreds of Companies to Choke Russia's Supplies of Military Technology

The administration of President Joe Biden has announced nearly 300 new sanctions targeting international suppliers of military equipment technology accused of helping Russia in its war against Ukraine..


Latest News

Track 22 Plan will Implement McLaren’s £1 billion Expansion Program For Tripling Production by 2022
Intending the erase the image of lavish supercar maker, McLaren has introduced its 570 GT model. The auto manufacturer has pledged to continue producing cheaper cars for broadening its arena in the UK
CaixaBank may acquire Isabel Dos Santos' stake in BPI
Spain-based Caixabank is planning to buy the stake of Isabel Dos Santos in Portugal's Banco BPI SA. The negotiations over the acquisition are still going on and may be completed soon.
Google Invest $30 Million for Digital News Initiative in Europe
Last week, Google announced to invest $30 million to news organizations in Europe. This is a part of the Digital News Initiative plan launched by the Internet giant.
$59-bln Dell-EMC deal is in progress: Michael Dell
The Dell's acquisition of EMC Corp for $59 billion is going ahead as per the schedule. EMC shareholders are expected to vote on the deal in May. Dell's Michael Dell said in a memo that the deal would
Geneva Motor Show Gets Colorful In Unveiling the Lamborghini Centanario Supercar
Lamborghini is celebrating its founder’s 100th birth anniversary. To mark the day, the lavish car maker has unveiled a new Lamborghini Centanario supercar equipped with its signature V-12 engine. All
Brexit Will Endanger UK Financial Sector,BlackRock Inc Said
The world-biggest asset management firm, BlackRock Inc warned that withdrawal from EU will damage financial sector in the UK. The nation will face higher unemployment and inflation if Brexit's decisi
Cloud-Fund Enabling Mayak Satellite To Appear As The Brightest Star In The Space
A team, comprising of aerospace engineers and enthusiasts from Moscow University of Mechanical Engireering has successfully raised cloud-fund. The fund will be used to launch an observatory satellite.
Danske Bank Cuts Jobs For Adapting With Post Crisis Landscape
Danske Bank has reportedly spent $60 million against its workforce compared with a year earlier. Meanwhile, the bank company has recently achieved an average ‘buy’ rating from most of the analysts. To
Merkel Calls European Countries For Reopening Borders To Rescue Greece
Merkel government has taken a bold step supporting the fleeing refugees. Recently, the German Chancellor has requested the other European countries to reopen their borders to ease the refugee pressure
The Biggest Bank in Norway Heads European Central Bank in Launching Monetary Stimulus in Euro Zone
European Central Bank (ECB) is expected to launch monetary stimulus next month to help banking system in euro zone. Norwegian's biggest bank DNB ASA supported the effort as stated by its chief of ass
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