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

Investment in oil, gas projects shrinking
Investment inflows into oil and gas projects are dropping significantly. The investments in oil projects in 2016 is forecast to fall below £1 billion from the five-year annual average of £8 billion.
Poundsterling Took a Hit Over Possible "Brexit"
British currency suffered the biggest drop in one day, triggered by speculation Britain to leave. While Prime Minister Cameron stressed the importance of United Kingdom to stay in the EU.
Reddit Enhancement Suite (RES) Secures $10 Million Investment Capital From ORIX Ventures
2015 appears as the most successful business year ever from RES context. It has touched several milestones while being acknowledged as the Best of VMworld 2015 Europe. The browser extension provider h
Daniel James and Mike Booth To Lead Facebook’s Social VR Team
Facebook has announced forming a social VR team. The team is led by two executives, Daniel James and Mike Booth, both from the video games industry. The team is expected to compete with several startu
Boris Johnson Announced His Support for Brexit
On Saturday, London Mayor, Boris Johnson sent an email to Prime Minister David Cameron, announcing his support for United Kingdom to withdraw from European Union.
Taxi app Gett hopes new service "Gett Courier" will make it more competitive in the UK
Taxi app Gett launches a new service called "Gett Courier" to up its game among competition. The new service promises to deliver packages across London within an hour, by an excellent team of delivery
Feelgood Leicester boosting hopes on rebalancing UK economy
The renewed activity of football Premier League is bringing cheer to Leicester city. The flourishing economic activity in the far neglected city is reviving the hopes on rebalancing the UK economy. Ec
Broadridge picks stake in AMA Partners
NYSE-listed Broadridge Financial Solutions has invested in AMA Partners, BV (AMA). By taking minority stake in AMA Partners, Broadridge will expand its corporate governance solution in Europe.
Brexit will Force Ireland to Quit EU, Said a Prominent Hedge Fund Manager
Martin Hughes, founder of Toscafund warned that United Kingdom withdrawal from European Union will also force Ireland to quit. Brexit is also feared to bring recession in the UK
Abengoa’s Plea For $1.85 Billion Attracts Investors A Little, Analysts Doubt Over Cash Requisites
Abengoa SA has been witnessed to tatter since Spain government has withdrawn subsidy on renewable energy sector. The company has been battling with a debt burden of €8.9 billion and seeks fresh cash i
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