Etiquetas » Euros

ABB to buy GE unit for 2.6b euros to boost US business


Swiss-Swedish engineering group ABB agreed Monday to buy General Electrics’ industrial solutions unit for 2.6 billion euros (S$4.18 billion euros) in a move to boost its business in the United States. 186 palabras más

Money Matters

Someone in Geneva is cutting up €500 banknotes and flushing them down toilets


Someone in the Swiss city of Geneva has been trying to flush tens of thousands of euros down toilets.

Swiss prosecutors opened an investigation after the first 500-euro note was found several months ago in a bathroom close to a bank vault at the Geneva branch of the financial company UBS, … 138 palabras más

Money Matters

Piles of Chopped-Up Cash Are Clogging Toilets in Switzerland

Bundles of chopped up €500 notes totaling in the tens of thousands of euros have been found flushed down toilets in Geneva. Plumbing repairs to a downtown UBS branch and three nearby restaurants where the bills were flushed have cost thousands of francs, … 85 palabras más


Mysterious Cash-Flusher In Switzerland Remains At Large

Why would someone need to dispose of a huge amount of cash — tens of thousands of euros — very quickly? That’s what authorities in Geneva, Switzerland, want to know, after finding wads of foreign cash clogging toilets at a bank and at restaurants around the city. 171 palabras más

Financial Products

Bayer sells 9.4% stake in Covestro


German drugs and pesticides group Bayer said on Wednesday it sold 19 million shares in Covestro, or a 9.4 per cent stake, for 63.25 euros apiece in an accelerated bookbuilding. 99 palabras más

Money Matters

EU anti-trust chief praises Google's proposals to modify shopping service

Europe’s anti-trust chief Margrethe Vestager today said Google’s proposals to comply with an EU order to modify its shopping service pointed in the “right direction”. 281 palabras más


ECB suspense on QE may leave some investors less than thrilled


The European Central Bank has a tight timetable for deciding the future of its bond-buying program, but investors may face an even tighter one to adjust to the outcome. 847 palabras más

Money Matters