London Stock Exchange-Deutsche Boerse Deal Blocked by EU
German stock
Brussels - QNA
EU regulators have blocked London Stock Exchange's 21 billion pound merger with German stock exchange Deutsche Boerse, the (BBC) reported.
The European Commission said the deal would have created a "de facto monopoly" for certain financial services. The merger would have combined Europe's two largest stock exchange operators.
London Stock Exchange Group said it "regrets" the commission's decision, as the deal would have created a "world-leading" financial markets firm. The commission blocked the deal, which had already been thrown into doubt by Brexit, shortly before the UK started the formal process of leaving the European Union.
Margrethe Vestager, the EU commissioner in charge of competition policy, said: "The European economy depends on well-functioning financial markets. "That is not just important for banks and other financial institutions. The whole economy benefits when businesses can raise money on competitive financial markets."
Source: QNA
GMT 10:12 2017 Monday ,19 June
Asian markets extend gains at start of the weekGMT 09:00 2016 Thursday ,14 July
Nintendo soars on Pokemon as Tokyo stocks rallyGMT 13:26 2016 Monday ,27 June
U.S. stocks suffer big weekly losses on Brexit voteGMT 13:09 2016 Monday ,27 June
Banking, airline and property shares plunge in LondonGMT 12:26 2016 Friday ,24 June
US stocks jump as Brexit vote begins
In The Swiss Alps
Five things to know about Davos
Davos - Muslimchronicle
With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand forfighting hate speech
Instagram, Google+ join EU group
Brussels - Muslimchronicle
Facebook's Instagram and the Google+ social network have agreed to join an EU-sponsored group of US internet giants to combat online extremism, EU officials said Friday. EU officials added that
At Sports Court
Russians challenge doping ban
Geneva - Muslimchronicle
Dozens of Russian athletes banned by the International Olympic Committee for life over doping began an appeal against their suspension on Monday at the world's top sports court. The week-long hearing at the Court of Arbitration for Sport (CAS) includesIn New Aid For War-Torn Yemen
Saudi-led coalition announces $1.5bn
Sanaa - Muslimchronicle
The Saudi-led coalition fighting in Yemen has pledged $1.5bn (£1.1bn) in new humanitarian aid for the country. It will also increase the capacities of Yemeni ports to receive aid and cargo shipments, and set up 17 "safe-passage corridors" for humanitarian groups. ThreeParis show pays homage
To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
GMT 06:58 2017 Wednesday ,01 November
South Korea will not develop nuclear weapons
GMT 22:54 2017 Monday ,30 October
Kurdish parties opposed to Barzani report attacks on offices overnight
GMT 08:49 2017 Monday ,30 October
Barzani: fall of the Kurdish 'lord of the mountain'
GMT 09:07 2018 Tuesday ,23 January
US tightens rules on Middle East air cargo
GMT 08:35 2018 Tuesday ,16 January
Three DR Congo soldiers killed while fighting Ugandan rebels
GMT 05:40 2017 Thursday ,16 February
Stocks rise on Yellen’s positive US outlook
GMT 09:12 2016 Wednesday ,13 April
Ryanair takes hit from Brussels terror, French strikes
GMT 17:47 2017 Tuesday ,25 July
Death toll of tanker explosion in Nigeria rises to 11
GMT 07:05 2017 Sunday ,27 August
Indonesia focuses on attracting more Asia-Pacific tourists
GMT 22:05 2014 Saturday ,26 April
Microsoft outpaces expectations, boosted by surge
GMT 21:24 2017 Tuesday ,18 April
Indian Airports on High Alert after Hijacking Threats
GMT 07:45 2017 Monday ,09 October
Turkey troops, Syria jihadists exchange fire
GMT 18:31 2017 Tuesday ,10 October
Oil prices rise as OPEC says market is rebalancing
GMT 11:28 2017 Sunday ,06 August
Chikatara promises fans to do his best
GMT 21:34 2017 Monday ,04 December
Saudi ambassador to Yemen: Houthis’ crimes due to their ‘Iranian education’
GMT 22:16 2017 Monday ,27 November
Suicide bombers attack Baghdad market, killing 8GMT 04:08 2013 Thursday ,30 May
How computers can learn better
GMT 16:11 2016 Monday ,21 November
Colleges of Excellence, Siemens sign MoU to advance vocational education and training
GMT 12:48 2015 Tuesday ,20 October
France: Climate pact hinges on progress at Bonn talks
GMT 21:54 2017 Friday ,24 February
Stormy cold wave to hit Riyadh, Eastern Province over the weekendGMT 17:27 2013 Wednesday ,05 June
‘ITopper’ tablet launched
GMT 11:11 2016 Monday ,26 September
Ashwin, Jadeja help India win landmark 500th Test
GMT 15:25 2017 Wednesday ,12 July
Sudan says U.S. decision to extend sanction period "unjustified"
GMT 16:58 2017 Saturday ,24 June
Comoros’ President expresses supportGMT 21:26 2012 Wednesday ,01 February
David Beckham: Bodywear Launch at H&M!GMT 22:52 2012 Saturday ,18 February
Victoria Beckham collection launch
GMT 02:33 2014 Monday ,21 April
New Novel ‘Super Ring’ blends reality, supernatural
GMT 15:48 2016 Thursday ,21 April
China Plans to launch core module of space station around 2018
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©
