A survey taken by professional services company Ernst & Young has shown that India has toppled China from the top spot as the world's most attractive destination for investments.
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EU lifts ban on tankers transporting Iranian crude
Following a nuclear deal reached in Geneva, the European Union has removed the ban on insuring tankers transporting Iranian oil. The EU also agreed to release USD4.2 billion in frozen oil assets and permit Iranian crude exports to continue at its current levels.
Israeli computer scientists uncover Dread Pirate Roberts-Satoshi Nakamoto connection
A report from Israeli scientists explored the connection between the arrested operator of Silk Road Ross William Ulbricht and the secretive inventor of the digital currency bitcoin Satoshi Nakamoto.
Seedrs crowd-raise GBP500,000 for international expansion
UK equity-based crowdfunding platform Seedrs announced that it is crowd-raising GBP500,000 using its own site to reach out to European investors and startups outside of the UK.
Government advisor reveals that RBS profited from struggling small businesses
Royal Bank of Scotland, which is 82% owned by taxpayers after a government bailout, is accused of pushing struggling small firms into its turnaround unit, for it to have reasons to charge higher interests, and in turn, take over their assets.
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Switzerland-based Trafigura Beheer BV had put up for sale its stake in Puma Energy for USD500 million. Trafigura sold a part of its interest in the African unit to Angola's Sonangol Corporation and Cochan Ltd.
China Cinda Asset Management Corp, one of China's four bad loan managers, is seeking up to $2.5 billion in an initial public offering in Hong Kong attracting global investors like Och-Ziff Capital Management Group LLC and Norway's sovereign wealth fund.
According to sources interviewed by Bloomberg, Cairn India is planning to buy back USD 1 billion worth of shares in order to give Anil Agarwal more control of the company.
Representatives from the German service sector Union Verdi, informed the public that they plan to walk out for at least one day on Monday. It has already organized several short strikes this year in a bid to force Amazon to accept a collective agreement on a dispute over pay and work conditions.
France-based phone firm Orange is nearing an agreement to exit its unit to Luxembourg-based cable and telecommunications investor Altice, according to sources interviewed by Bloomberg.
The British government will announce on Monday it has agreed a deal to sell off a portfolio of student loans worth 900 million pounds, Sky News reported on Sunday, quoting people close to the situation.
A U.S. housing regulator has been investigating the activities of a small California not-for-profit that bought hundreds of foreclosed homes through a federally backed program intended to help local communities hurt by the housing bust, according to government documents reviewed by Reuters.
Babcock, UK's leading engineering support service is in exclusive discussion to acquire a stake in helicopter transport services company, Avincis. Being a part owner of Avincis would open doors to lucrative defense contracting markets for Babcock, particularly in Spain and Italy.
During a panel discussion with Daimler CEO in Berlin on Saturday, Dieter Zetsche, said he would 'welcome' a Chinese investor. Daimler also took a 12% stake with Beijing Automotive Group.
