Uncategorized

Ticket sales: Insurer gives travel agents fresh condition

The inability of travel agencies to promptly remit proceeds of air ticket sales to foreign airlines has forced their insurance firm, Leadway Assurance Company Limited, to set fresh hurdles before the agencies, investigations by our correspondent has revealed. Consequently, each of the over 500 travel companies in the country can […]

Nasdaq CEO says would definitely consider Euronext

Nasdaq OMX Group would definitely consider bidding for Euronext, the operator of the Paris, Amsterdam, Brussels and Lisbon stock exchanges, if it were put up for sale, Nasdaq’s Chief Executive Robert Greifeld said in an interview. “We would have to take a look at it,” he said. “I’m not saying […]

Deutsche Boerse has lost appetite for Euronext takeover: sources

Germany’s Deutsche Boerse (DB1Gn.DE) has lost its appetite for buying Euronext, the operator of the Paris stock exchange which is back on the block, three people familiar with the Frankfurt-based company’s thinking told Reuters. Deutsche Boerse is giving up on its decades-long dream of consolidating European stock exchanges because regulatory […]