By Asli Kandemir ISTANBUL (Reuters) - Turkey's contemporary art scene is buzzing. Collectors pay millions for the hottest works at exclusive auctions, high-end galleries are springing up by the dozen, and more and more Turkish artists are holdin... [Full Article]
By Lauren Tara LaCapra NEW YORK (Reuters) - Goldman Sachs Group Inc has slashed its capital pledges to investment funds by nearly half since the Volcker rule was signed into law in 2010, as it prepares its principal investment business for restrictio... [Full Article]
LONDON (Reuters) - More money was invested in shops and offices in central London than the rest of Britain combined last year, a regular report by property consultancy DTZ showed on Wednesday. Some 16.1 billion pounds was invested in the centre of th... [Full Article]
By Lauren Tara LaCapra and Tanya Agrawal (Reuters) - Goldman Sachs Group Inc reported a stronger-than-expected 5.5 percent rise in quarterly profit as it earned more from underwriting fees and its own investments. Net income applicable to common shar... [Full Article]
DUBLIN (AP) - With many of the European Union's economies mired in stagnation, EU officials are seeking to emulate part of the U.S. model for creating growth and jobs by fostering more private investment in businesses. (Source: Associated Press)... [Full Article]
SACRAMENTO, Calif. (AP) - California Gov. Jerry Brown has designs on building some of the most expensive public works projects in the nation and wants to keep the state moving forward in its slow recovery from the recession. (Source: Associated Press... [Full Article]
LONDON (Reuters) - Blockbuster's chain of film and computer game rental shops in Britain has been sold to an investment firm, two months after the struggling retailer went into a form of bankruptcy protection, administrators said on Saturday. De... [Full Article]
By Victoria Bryan DUESSELDORF, Germany (Reuters) - German retailer Metro predicted operating earnings would fall in the coming months, hit by weak consumer spending, a lack of major sporting events and investments aimed at reviving its main cash and ... [Full Article]
(Reuters) - The UK government is set to pledge ahead of Wednesday's budget, a significant investment into the country's aerospace industry as part of a long-term strategy to spur growth and keep the industry ahead of international competiti... [Full Article]
GENEVA (Reuters) - Luxury car maker Jaguar Land Rover plans to increase investment at its UK engine plant and double employment at the site to around 1,400, its chief executive said on Monday. Ralf Speth told a press conference ahead of the Geneva ca... [Full Article]