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HK firm bids $15.4 billion for UK mobile phone operator

Friday, January 30, 2015 America
If goes through, Hutchison Whampoa deal for mobile phone group O2 would create Britain's largest mobile phone company. A company controlled by Hong Kong's richest man said Thursday that it is in "exclusive" negotiations to buy mobile phone group O2 for up to $15.4 billion - a deal that would create Britain's largest…

Davos: Bank of England chief calls for policy shift

Friday, January 30, 2015 Enterprise
Mark Carney says that market solutions are no longer sufficient guides to public policy Bank of England GovernorMark Carney warned Friday that market solutions were no longer sufficient guides for public policy. Speaking at the World Economic Forum in Davos, Carney said: "The marketization of public policy, before…

Davos delegates discuss global economy, ECB stimulus

Friday, January 30, 2015 Finance
Merkel says Russian actions in Ukraine 'violate European principles'. Regional and national strategies were high on the agenda at the World Economic Forum at Davos, Switzerland, on Thursday, with delegates focusing on the need to boost the European and global economies. The World Economic Forum, which unites 2,500 of…

Davos: Turkey's economic star continues to shine

Friday, January 30, 2015 Enterprise
Nasdaq and European Bank for Reconstruction and Development experts say Turkey offers great investment opportunities "Turkey’s economic star continues to shine," said Robert Greifeld, CEO of the international stock exchange group NASDAQ. Speaking on Thursday at the World Economic Forum at Davos, Greifeld praised…

Maduro announces steps to fight Venezuela economic 'crisis'

Friday, January 30, 2015 America
In a national address, Maduro touts record on unemployment but accuses opposition and the U.S. of attempting to destabilize the country Venezuelan President Nicolás Maduro announced Wednesday new measures to attempt to fix the country's ailing economy, which he admitted was "in crisis." During his annual address to…

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January 30, 2015

HK firm bids $15.4 billion for UK mobile phone operator

If goes through, Hutchison Whampoa deal for mobile phone group O2 would create Britain's largest mobile phone company. A company controlled by Hong Kong's…
January 30, 2015

Davos: Bank of England chief calls for policy shift

Mark Carney says that market solutions are no longer sufficient guides to public policy Bank of England GovernorMark Carney warned Friday that market…
January 30, 2015

Davos delegates discuss global economy, ECB stimulus

Merkel says Russian actions in Ukraine 'violate European principles'. Regional and national strategies were high on the agenda at the World Economic Forum at…
January 30, 2015

Davos: Turkey's economic star continues to shine

Nasdaq and European Bank for Reconstruction and Development experts say Turkey offers great investment opportunities "Turkey’s economic star continues to…
January 30, 2015

Maduro announces steps to fight Venezuela economic 'crisis'

In a national address, Maduro touts record on unemployment but accuses opposition and the U.S. of attempting to destabilize the country Venezuelan President…

Hollande: We must create a 'green economy'

January 29, 2015 in Finance
Hollande calls on companies and investors to join in 'fighting climate change' French President Francois Hollande has called for the creation of a "green…

Turkey seeks $500 mn trade volume with Ethiopia

January 29, 2015 in Expert Advice
Turkish President Erdogan urges economic partnership agreement with Ethiopia with the goal of establishing a free trade zone. Turkey would like to increase its…

Floods wreak havoc on Malawi economy

January 29, 2015 in Africa
Experts blame the trend on the massive damage caused by the country's ongoing flood disaster. Malawi's agro-based economy, which had recently started showing…

Davos: Economic and national security discussed

January 29, 2015 in Enterprise
France and U.S. call for solidarity in fight against terrorism. National and European economic security were much discussed on Friday at the World Economic…

Experts: 'More of the same' as Saudi ushers in new king

January 29, 2015 in Expert Advice
Experts believe new Saudi king to follow predecessor's steps, not making policy changes regarding falling oil prices, Saudi economy and foreign affairs. As…

After 60 years, Sino-Afghan ties set for new era

January 28, 2015 in Asia
Afghanistan looks towards China for economic, security support as it plots a path towards peace As neighbors, Afghanistan and China share much of their history…

Phillipines gov't accused of hiding homeless from Pope

January 28, 2015 in Asia
Government agency accused of rounding up around 500 homeless children and hiding them in resort during Pope's visit A Filipino student group has lambasted a…

Anti-global activists protest Davos forum with snowmen

January 28, 2015 in Enterprise
Anti-globalization campaigners make snowmen to protest the World Economic Forum About one-meter-tall snowmen represent all nations in the world. Members of the…

Expedia buys Travelocity for $280 million

January 28, 2015 in Transportation
Acquisition follows nearly two years of partnership between the rival travel websites Expedia bought travel booking site Travelocity on Friday for $280 million…

China blocking of VPNs causing worry in Hong Kong

January 28, 2015 in Asia
Fears brewing in financial hub that further moves by government to censor content could scare foreign SME away. News that China has started to block virtual…

Turkey’s locally-produced cell phones at all time high

January 27, 2015 in Finance
In 2014, local cell phone production rose to 1.71 million, indicating an increase by 208 percent, Turkish Transport Minister Lutfi Elvan has said The number…

Davos: Renzi slams ECB's austerity policies

January 27, 2015 in Enterprise
European Central Bank should help Europe find a new direction and increase innovation to create a new Renaissance, says Italian premier. Italian Prime…

Turkish workers react to minimum wage hike

January 27, 2015 in Finance
Although Turkish minimum wage enters four-digit territory for first time in country’s history, certain workers consider it insufficient to meet needs "Not…

Turkey’s president blasts central bank for 'insufficient' rate cut

January 27, 2015 in Finance
Erdogan: 'It is impossible to find this cut sufficient. Even international authorities say this cut will not be adequate.' The interest rate cut introduced by…

Moody's downgrades 14 Russian regions and cities

January 27, 2015 in Asia
Moscow 'under review' for downgrade while St. Petersburg is reduced, according to international rating agency. International rating agency Moody's has…

HK firm bids $15.4 billion for UK mobile phone operator

HK firm bids $15.4 billion for UK mobile phone operatorIf goes through, Hutchison Whampoa deal for mobile phone group O2 would create Britain's largest mobile phone company.

A company controlled by Hong Kong's richest man said Thursday that it is in "exclusive" negotiations to buy mobile phone group O2 for up to $15.4 billion - a deal that would create Britain's largest mobile phone company.  

Hutchison Whampoa - owned by billionaire Li... Add a comment

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Davos: Bank of England chief calls for policy shift

Davos: Bank of England chief calls for policy shift 



Mark Carney says that market solutions are no longer sufficient guides to public policy

Bank of England GovernorMark Carney warned Friday that market solutions were no longer sufficient guides for public policy.

Speaking at the World Economic Forum in Davos, Carney said: "The marketization of public policy, before the financial crisis of 2008, lost track of the importance of social... Add a comment

Read more...

Davos delegates discuss global economy, ECB stimulus

Davos delegates discuss global economy, ECB stimulusMerkel says Russian actions in Ukraine 'violate European principles'.

Regional and national strategies were high on the agenda at the World Economic Forum at Davos, Switzerland, on Thursday, with delegates focusing on the need to boost the European and global economies.

The World Economic Forum, which unites 2,500 of the world’s leaders, business people and regulators, heard first a panel... Add a comment

Read more...

Davos: Turkey's economic star continues to shine

Davos: Turkey's economic star continues to shine 

Nasdaq and European Bank for Reconstruction and Development experts say Turkey offers great investment opportunities

"Turkey’s economic star continues to shine," said Robert Greifeld, CEO of the international stock exchange group NASDAQ.  

Speaking on Thursday at the World Economic Forum at Davos, Greifeld praised Turkish capital markets and their investment offer.

"What we’ve... Add a comment

Read more...

Maduro announces steps to fight Venezuela economic 'crisis'

Maduro announces steps to fight Venezuela economic 'crisis'In a national address, Maduro touts record on unemployment but accuses opposition and the U.S. of attempting to destabilize the country

Venezuelan President Nicolás Maduro announced Wednesday new measures to attempt to fix the country's ailing economy, which he admitted was "in crisis."

During his annual address to the National Assembly, Maduro said the economy had shrunk 2.8 percent in... Add a comment

Read more...

Hollande: We must create a 'green economy'

Hollande: We must create a 'green economy'Hollande calls on companies and investors to join in 'fighting climate change'

French President Francois Hollande has called for the creation of a "green economy", which would include participation from private companies as well as support from governments.

Speaking at the World Economic Forum in the Swiss resort of Davos on Friday, Hollande warned that fighting global warming would be... Add a comment

Read more...

Turkey seeks $500 mn trade volume with Ethiopia

Turkey seeks $500 mn trade volume with EthiopiaTurkish President Erdogan urges economic partnership agreement with Ethiopia with the goal of establishing a free trade zone.

Turkey would like to increase its trade volume with Ethiopia up to $500 million, Turkish President Recep Tayyip Erdogan said Thursday.

The president's remarks came at the Turkey-Ethiopia Business Forum in the capital Addis Ababa, where Erdogan is paying an official... Add a comment

Read more...

Floods wreak havoc on Malawi economy

Floods wreak havoc on Malawi economyExperts blame the trend on the massive damage caused by the country's ongoing flood disaster.

Malawi's agro-based economy, which had recently started showing some signs of stability, is now in reverse gear.

Experts blame the trend on the massive damage caused by the country's ongoing flood disaster.

So far, 176 people have been confirmed dead, 200,000 displaced, and thousands of domestic... Add a comment

Read more...

Davos: Economic and national security discussed

Davos: Economic and national security discussedFrance and U.S. call for solidarity in fight against terrorism.

National and European economic security were much discussed on Friday at the World Economic Forum in Davos.

The threat of increasing inequality was the topic of one of the first panel discussions.

At this panel, Nobel Laureate economist Robert Shiller said, “There has always been inequality. But the gap between rich and poor... Add a comment

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Experts: 'More of the same' as Saudi ushers in new king

Experts: 'More of the same' as Saudi ushers in new king 



Experts believe new Saudi king to follow predecessor's steps, not making policy changes regarding falling oil prices, Saudi economy and foreign affairs.

As Salman bin Abdulaziz becomes the new king of Saudi Arabia, he is not expected to make any significant policy changes regarding falling oil prices, the economy and relations with other states in the Middle East, experts say. 

"We... Add a comment

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