Preliminary assessment of loans to EU banks, oil and gas sector, is at minimum of $ 200 billion. However, this amount may be only the tip of the iceberg, experts warn. Commercial banks in Europe do not use uniform standards for the disclosure of information on energy credits. They also often...

The upheavals in the financial world since the 2008 depression have increased the importance of the role of financial advisors. With uncertainty still prevalent in the market, business activities like merger and acquisitions for example are being undertaken with greater caution. A careful introspection of possible investments is critical in retaining and growing wealth.

A day after the world's largest contract maker of electronic goods put its takeover of the Japanese firm on hold, the chief executives of Sharp Corp and Foxconn plan to meet in China, reported Reuters quoting a person familiar with the matter.     After sources said previously...

The telecom regulator finds that Openreach lacks independency; therefore BT Group is urged to give up Openreach, while a middle way is sought after. As per the Ofcom regulator, the BT Group could be under the pressure of distributing the stock of its “Openreach infrastructure arm” to the...

The last year turned out to be difficult for the largest US companies, and most importantly, the real results of their work are much worse than they say. FactSet estimates that earnings per share of companies from the S&P 500 index for 2015 increased by 0.4%, what is the lowest growth rate...

In the era of technology, HSBC to alter the traditional system of banking. The customers of HSBC will no longer need to bother about memorising their lengthy passwords for the bank is planning to start “voice recognition and touch ID services” in the coming summer season.   Moreover, the...

John Fredriksen, Norway's richest man, bet on salmon – and did not lose. Atlantic salmon weighing about 4.5 kg is now worth more than a barrel of oil. The company for the fish delicacy breeding has become the most expensive among all Fredriksen’s assets. John Fredriksen made his fortune on offshore...

The CEO of the world's largest miner BHP Billiton, Andrew Mackenzi, is in a dilemma as the company sits on an $11 billion cash pile and the market watched to see what is done with the money. It would also be a critical test of the ability of Mackenzi to invest during the industry's worst downturn...

Despite its small size, Time Inc. isn’t afraid from pursuing an acquisition of Yahoo! Inc.’s core business.   Quoting people who possessed knowledge about the matter, Bloomberg reported that a presentation was heard by the company from Citigroup Inc. bankers on pursuing a deal to merge with...