Formula One warming up for Singapore IPO

– CVC likely to sell partial stake in IPO – source  – Singapore is likely listing destination – media reports  – Formula One follows example set by Manchester United    The owners of

Barca launch new Facebook app to engage fans

Barcelona launched a new Facebook application on Wednesday designed to help the Spanish, European and world champions engage more effectively with their 28 million global fans on the social networking site. FCB

Shares weighed by China slowdown worries

Asian shares eased on Wednesday, as concerns about China's slowing economy dampened the optimism generated by a brightening outlook for the U.S. economy that has been pushing equity markets higher since late

OTE fights to survive with more wage cuts

Greece's biggest telecom operator, OTE, is planning deeper wage cuts to help secure its future as heavy regulation makes customer losses caused by the recession there even worse, its chief executive said.

Turkey’s Global eyes port investments in Greece

Turkey's Global Investments Holding is eyeing energy and infrastructure investment opportunities in neighbouring Greece, hit by a debt crisis, with a priority given to port operations. "As Global Investments Holding, we are

Can UK hold on to AAA rating?

 * Aims for balanced budget by 2016/17 *  * Royal Mail pension assets to help 2012/13 deficit *  * Growth may nudge higher, Queen's Jubilee to weigh * British government borrowing next