Barclays mulls sale of UAE retail operations

Two sources told Reuters that Barclays was mulling the sale of its UAE retail banking operations. Two sources told Reuters that Barclays is considering a sale of its retail banking business in the United Arab Emirates (UAE).


Mizuho Financial Group bid for 39.2% stake in Bank Panin

Sources told Reuters that Mizuho Financial Group offered to acquire a stake for Bank Panin from ANZ.

Triton Fund okays acquisition of FCC's Alpine Energie

Triton Fund announced that it would acquire Alpine Energie from FCC. The Triton Fund announced that it had agreed to purchase Alpine Energie from Fomento de Construcciones y Contratas SA (FCC).

Google launches Impact Challenge in India for Independence Day

Google would launch 'Google Impact Challenge in India' and award an Rs 3 crore worth about US$500,000 and technical assistance that would bring the winning projects into life.


Latest News

In a released statement, the European Commission questioned Italian telecom watchdog AGCOM about the changes it wanted to implement to the prices of broadband.
Groupama sold its last stake in SocGen for EUR 517.8 million. French insurance company Groupe des Assurances Mutuelles Agricoles (Groupama) finally sold its remaining 1.
Mergers would enable Austrian regional banks to save money for a Volksbanken buy back. An official representing Austrian regional banks told newspaper Kurier that mergers would enable them to save money to help buy back Volksbanken AG.
Bain Capital Partners said it would sell its majority stake in Domino's Pizza Japan to Australia's Domino's Pizza Enterprises Ltd.
Microsoft launched Microsoft by the Numbers that features a summary of the company from sales of licenses to consumed pizza slices.
Purchase of apps using Amazon coins saw a 50% weekly boost in revenues. The USD5 worth of Amazon coins was a gift well spent by Kindle Fire consumers. This in turn was an excellent money-generating move for both Amazon and app developers, according to tech evangelist Peter Heinrich.
As the dispute over terms of the retransmission contract between CBS and Time Warner Cable rages on, government representatives and federal regulators are considering to take action to end the dispute at the soonest possible time.
A unit of Glencore Xstrata revealed that it would scaling back on its workforce as well as its budget in the Tampakan copper-gold mine in South Cotabato, Philippines.
Elon Musk recently announced a radical transport system on solar energy that will reduce travel time from San Francisco to Los Angeles to 30 minutes.
J.C. Penney Co prepares to hire at least one new director to appease largest shareholder William Ackman's demands for a more functional board.