Europe

Renewed Selloff Hits the European Bonds and Stocks with Short-lived Stability

Renewed Selloff Hits the European Bonds and Stocks with Short-lived StabilityOn Tuesday, the European bonds and stocks faced another round of renewed selloff as the latest signs that pointed to a stable market did not prove to be continuing for long.

European Commission May Bring Antitrust Charges Against Google

European Commission May Bring Antitrust Charges Against GoogleReportedly, the European Commission is all set to charge Google for using its leading spot in online searches to support its own services preventing the others from hitting the spotlight. This antitrust case may be one of the largest after the one which the regulators brought against Microsoft.

Mario Draghi, Head of ECB Says Eurozone is Going Through an Economic Recovery

Mario Draghi, Head of ECB Says Eurozone is Going Through an Economic RecoveryOn Monday, Mario Draghi, the head of the European Central Bank said that persistent recovery in the financial sector is finally coming in the eurozone which constitutes of nineteen countries. He says that this recovery should be used by the entire union using the euro currency to fix all the problems that it is facing.

ECB Officials to Debate on Stimulus Expansion in the Light of Cheaper Oil

ECB Officials to Debate on Stimulus Expansion in the Light of Cheaper OilMario Draghi, president of the European Central Bank and his colleagues will now be debating on the issue whether the availability of cheaper energy can be counted as a blessing or a curse.

Fyffes Merger with Chiquita Brand Fails

Fyffes Merger with Chiquita Brand FailsOn Friday Cutrale-Safra was successful in its endeavour to woo the shareholders of Chiquita Brand International Inc. which led to the rejection of the deal that offered to acquire Fyffes, the major banana exporter of Europe.

The Chiquita and Fyffes merger could have created the largest banana company in the world. But the voting results of the shareholder of the US firm collapsed the plan.

One Million Jobs Created by App Stores

App storeApple, the technology giant approximates that the company has assisted in creating about 629,000 jobs directly or indirectly in Europe through the 'app economy.'

Apple, which earlier refused to validate the number of employs in Ireland, said in a report which was released yesterday that the company it has 4,000 employees in its Cork it's headquarter and a total of 16,000 employees in Europe.

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