The European Magazine


Apollo Global to buy Diamond Resorts for $2.2 bln

June 29 (Reuters) – Diamond Resorts International Inc said it agreed to be bought by private equity firm Apollo Global Management LLC for about $2.2 billion. Apollo Global’s offer of $30.25 per share in cash represents a premium of about 26 percent to Diamond Resorts’ closing stock price on Tuesday. The Las Vegas-based company’s shares […]


U.S. wheat falls on harvest pressure; corn also weak

(Recasts, updates with U.S. trading, adds new analyst quote, changes byline, dateline, pvs HAMBURG/SINGAPORE) By Mark Weinraub CHICAGO, June 29 (Reuters) – U.S. wheat futures fell on Wednesday, extending their decline under pressure from the ongoing harvest of a bountiful crop in the Plains and the Midwest, which threatens to add to a glut of […]


PRECIOUS-Gold, silver climb on dollar and appetite for security

* Silver hits fresh 1-1/2 year high * Platinum up 3 pct above $1,000/oz (Updates prices, adds comment) By Clara Denina LONDON, June 29 (Reuters) – Gold rose on Wednesday as the dollar retreated and investor appetite for safe assets remained strong because of longer-term financial uncertainty after Britain’s surprise vote to leave the European […]


GlobalGirl Media UK Launches in London

June 29 (Reuters) – Changing the face of media by putting girls behind the camera and at the centre of the story. On 30 June, GlobalGirl Media UK will launch at the Gherkin in the City of London. Yalda Hakim, BBC World News international correspondent, will be the keynote speaker. We live in a culturally […]


U.S. Treasury’s Lew sees no financial crisis from ‘Brexit’

WASHINGTON, June 27 (Reuters) – U.S. Treasury Secretary Jack Lew on Monday said he sees no signs of a financial crisis arising from Britain’s decision last week to leave the European Union, although the result does present additional “headwinds” for the U.S. economy. “It’s been an orderly impact so far,” Lew said in an interview […]


UK housebuilders plunge on Brexit recession fears

By Sarah Young LONDON, June 27 (Reuters) – UK housebuilders have lost as much as 40 percent of their value since Britain voted to leave the EU, as the threat of recession erased their standing as safe haven stocks. About 8 billion pounds ($10.5 billion) has been wiped off the market capitalisation of the country’s […]


FTSE slumps again after Brexit vote; banks hit seven-year low

* FTSE 100 down 2 pct, mid-cap index falls 6 pct * UK banks index hits seven-year low, RBS down 25 pct * Travel stocks, housebuilders among worst hit * Gold miners rally, Fresnillo touches three-year high By Atul Prakash and Kit Rees LONDON, June 27 (Reuters) – Britain’s top share index fell again on […]


Oil prices fall again after Brexit vote

* British EU exit to have minimal impact on oil demand – GS * Asian refined product glut seen as bigger worry now (Updates prices) By Ahmad Ghaddar LONDON, June 27 (Reuters) – Oil prices slid on Monday as market participants absorbed the shock of Britain’s vote to leave the European Union though some analysts […]



Published annually, the ISLAMICA 500 is a business guide providing hard-to-find biographical details for 500 of the world’s most prominent and influential personalities in the Islamic world and economy. Because the Islamic economy is multi-sectorial and global, the ISLAMICA 500 focuses on personalities from different sectors, markets and nationalities. Thus, this worldwide guide lists the […]


SEA Prime comes back at EBACE2016, recording positive results in 2015 and with a 2016 rich of developments and important novelties

Geneva, 25th May 2016 Only after 12 months from the launch of the new project of its business development, SEA Prime comes back at EACE2016 with important news supporting the strategy officially presented at EBACE2015: total rebranding and strategic repositioning under the new management team, complete restyling of the Milano Linate Prime General Aviation Terminal […]


A modest form of leadership

In 2015 Lars Rebien Sørensen received the ultimate accolade from the Harvard Business Review for his work at the helm of Novo Nordisk. Characteristically, he plays it down. Alex Katsomitros examines his unique management style


HCP: taking asset management a step further

Helsinki Capital Partners believes in doing things differently. From assisting in the community, to organising club nights, it continues to set new trends in the financial services sector


When generations clash

With modern companies spanning multiple generations, conflicting career objectives and gaps in tech know-how are throwing up a management conundrum. Finbarr Toesland investigates


A grand city indeed

Twice recognised as the European Capital of Culture, Luxembourg City has proved that being small in size doesn’t mean it’s not big on things to do. Finbarr Toesland checks it out


Harnessing the energy for change

According to recent data, global investment in renewable energy is at an all time high. So, does this mean we’ve turned a corner in our bid to
secure a green energy mix? Len Williams finds out


Europe’s capital of good living

With greats such as Beethoven and Sigmund Freud among those to have called it home, Vienna needs no introduction. Yet, as Finbarr Toesland discovers, it’s a city still very much setting the trends