Europe

Berlin bans car service Uber

Berlin has banned car service Uber, which allows users to summon a ride on their smartphone, for not offering drivers and vehicles licensed to carry passengers, or full insurance cover, the German capital said.


EU regulators mull Qualcomm antitrust probe - sources

European Union antitrust regulators may open an investigation into Qualcomm, the world's No. 1 mobile chipmaker, based on a four-year-old complaint by a unit of rival Nvidia Corp, three people familiar with the matter said on Tuesday.

Asian shares firm, euro wilts as ECB seen on cusp of QE

Asian shares held firm while the euro hit one-year lows on Tuesday as investors increasingly expect the European Central Bank to expand liquidity as soon as next week to boost the sagging euro zone economy.

Oak Hill Capital to buy Berlin Packaging for $1.43 billion

Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging LLC for $1.43 billion from Bahrain-based investment firm Investcorp Bank BSC INVB.BH.


Latest News

The dollar marched higher against the euro and yen on Monday as investors wagered that interest rates were set on a diverging course in the United States, Europe and Japan, giving a lift to Tokyo stocks in the process.
Berlin-based PR executive Herbert Franz should be a soft target for German luxury automakers - his last car was a BMW (BMWG.DE) X3 - but he can't wait to leave them behind.
Formula One needs a strong leader and Bernie Ecclestone's $100 million court settlement to end a bribery trial in Germany is positive for the sport's future, Mercedes motorsport head Toto Wolff said on Saturday.
Germany's economy ministry will approve the sale of utility RWE's (RWEG.DE) oil and gas unit DEA to a Russian investor despite tensions between Russia and the West over the Ukraine crisis, two people familiar with the matter said.
An Austrian law student said his class action challenging Facebook (FB.O) for alleged privacy violations had gathered support from 60,000 users and passed its first legal review.Max Schrems, who already has a case involving the social network pending at the European Court of Justice, is claiming damages of 500 euros ($663) per user from U.S.-listed Facebook. The $195 billion company has 1.32 billion active users.
Norwegian software maker Opera signed a deal to take over the browser building unit of Microsoft's Nokia mobile phone unit and reported second-quarter earnings above expectations on Thursday, sending it shares sharply higher.
Russia said on Thursday it was investigating dozens of McDonald's (MCD.N) restaurants, in what many businessmen said was retaliation for Western sanctions over Ukraine they fear could spread to other symbols of Western capitalism.
The deal would have OpenRent launch a national television advertising campaign and other media channels through the Northern & Shell Media Group in its bid to significantly increase the number of new landlords who have been utilizing its platform.
Goldman Sachs (GS.N) and Libya's sovereign wealth fund are set to meet in a London court over claims the Wall Street bank exploited a position of trust by encouraging the fund to invest more than $1 billion in trades that ended up worthless.
Sensors and electrical controls maker Sensata Technologies Holding NV said it would buy Schrader International to meet growing demand for sensors to monitor car-tire pressure.