VENTURE CAPITAL POST

Participants of the G20 summit held recently in Moscow expressed concerns regarding US Fed, China, and Japan.

The European Commission proposed the creation of a new agency that would close and revamp failed banks.

Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.

The European Union plans to set aside US $22 billion to finance research for various industries.

European governments agreed to release aid for Greece worth Eur3 billion as they continued to seek for enough financial calm.

Asian stocks were swept up by Europe's rally while Euro continued to sulk.

The European Union and China hope to defuse conflicts by negotiating about a solar panel deal.

Dayli, an Austrian drug store chain acknowledged that its neighborhood stores concept is not effective, and therefore filed for a restructuring on Thursday.

The European Parliament approved a plan that would fix carbon market glut and resolve problems regarding its price plunge.

US conglomerate General Electric gained the European Union's approval to buy Avio for US$4.3 billion.

China started its investigation on the "dumping" of EU wine in the country.

Maria Fekter, Austria's Finance Minister was confident about getting the deal from EU after some negotiation.

China's solar companies in Europe have considered the transfer of their factories overseas to avoid import taxes being imposed by the European Union.

Honeywell Industries, which purchased Intermec for US$600 million, has obtained approval from the European Commission.

French President Francois Hollande calls out European Union to resolve the row with China on importations.