europe

Venture Capitalist Firm to Raise Next Largest European Fund

Venture Capitalist Firm to Raise Next Largest European Fund

Venture capitalist firm Lakestar is attempting to raise the next largest European fund for startup investments. Lakestar is targeting around USD 800 Million in investments, according to three people with knowledge of the matter. There’s no cer..

Deutsche Bank Shares Slip After Plans to Cut 7000 Jobs

Deutsche Bank Shares Slip After Plans to Cut 7000 Jobs

Deutsche Bank (NYSE:DB) shares slipped by 6.4 percent after it announced to cut more than 7,000 jobs to reduce expenses and return profitability back to reassure investors and clients.The bank released a statement regarding its Equities business rev..

Easing Trade Tensions Portend Steady Stock Markets

Easing Trade Tensions Portend Steady Stock Markets

Easing trade tensions between China and the United States mean US stocks can only go up on May 14. Futures predicted a 0.2 percent opening gain for S&P 500. The Dow Jones Industrial Average or DJIS may go up by 0.3 percent. The Stoxx Europe 600 ..

Investors Shrug Off Inflation Fears

Investors Shrug Off Inflation Fears

It is clear that equity market sentiment is not negatively influenced by the news of inflation rise in the United States. Stock markets all over the world went up. These showed resilience to all concerns regarding the overheated US economy. The effe..

International Stocks Up, Dollar Rebounds

International Stocks Up, Dollar Rebounds

International equity indexes went north on January 16, all set for wide gains. The European shares lighted up the way, taking their direction from positive trading trends in Asia-Pacific region. The US dollar also bounced up from its three year low ..

European Shares Strengthen, Thanks to Political Developments

European Shares Strengthen, Thanks to Political Developments

Markets in Europe have opened to a positive news with the investors 'seemingly' more confident about the future. The reason behind the shares strengthening early in the week is that some favorable developments have been happening in the UK, ..

Lufthansa Buys Stake in Air Berlin

Lufthansa Buys Stake in Air Berlin

On Thursday, Lufthansa signed a $249 million deal to buy parts of Air Berlin to use their assets and quickly expand their Eurowings budget business. Following this announcement, shares of Lufthansa jumped more than 3% marking their highest level in ..