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  • November 25, 2014
  • Last updated: 4:34am
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  1. News - World - FRANCE

    Struggling Euro Disney gets one billion euro cash injection

    Posted Oct 07th 2014, 11:08pm by GDN

    ... The Guardian in Paris Cash-strapped Euro Disney forced to ask for €1bn rescue package from Walt Disney Company as visitor numbers continue on a dramatic slide Harsh reality for magic ... backer, the Walt Disney Company, is stepping in to save the park's parent business Euro Disney. Euro Disney's finance director, Mark Stead, said the company's €1.75 billion debt ...

  2. News - World - EUROPE

    Britain's European commissioner plays down row over Brussels' 2.1 billion euro demand

    Posted Nov 06th 2014, 09:37pm by Reuters

    ... Britain's new European commissioner said yesterday a row between London and Brussels over a demand for €2.1 billion (HK$20 billion) budget payment had become highly political and needed to be calmed down. ...

  3. News - World - EUROPEAN UNION

    'We won’t pay,' furious Cameron tells EU over surprise 2.1-billion-euro bill

    Posted Oct 25th 2014, 03:02pm by Reuters in Brussels

    ... technocrats, British Prime Minister David Cameron refused to pay a surprise 2.1-billion-euro bill on Friday as EU leaders ordered an urgent review of the calculations used. Eurosceptics at home branded ... economic growth. The leaders also came up with 1 billion euros (HK$9.8 billion) of cash commitments to fight the Ebola outbreak in West Africa. After an EU deal to curb climate change overnight, ...

  4. News - World - WEALTH

    Belgium a 17b euro tax haven for France's richest entrepreneurs: report

    Posted Sep 15th 2014, 08:42pm by GDN

    ... The Guardian in Paris Belgium a tax haven for France's rich France's wealthiest entrepreneurs hold around €17 billion (HK$168 billion) in neighbouring Belgium where taxes are lower, according to a French newspaper report. While some have had Bel ...

  5. News - World - EUROPE

    Anti-euro Alternative for Germany wins seats in Saxony state poll

    Posted Sep 01st 2014, 11:22pm by AP

    ... Associated Press in Berlin German anti-euro party wins first state seats A party that wants to revamp or dump the euro currency has been elected to a German state assembly for the first ... in Berlin that he would not rule out any possible coalition. But he reiterated his party's line that the euro needed to be reformed, which is a position no mainstream party in Germany ...

  6. News - World - GERMANY

    German sausage makers fined 338 million euros for pricefixing

    Posted Jul 16th 2014, 09:52pm by GDN

    ... Some of the Germany's biggest food producers have been fined €338 million (HK$3.6 billion) for cooking up a plan to fix the price of sausages. ...

  7. News - World - ECONOMY

    British PM David Cameron warns another global crash is looming

    Posted Nov 17th 2014, 09:23pm by GDN

    ... says there is now "a dangerous backdrop of instability and uncertainty" that presents a real risk to the UK recovery, and that the euro zone slowdown is already affecting British ... on public finances. "The euro zone is teetering on the brink of a possible third recession, with high unemployment, falling growth and the real risk of falling prices too," Cameron writes. ...

  8. News - Hong Kong - COURTS

    'Service provider' paid Slovak's firm millions of euros, court hears

    Posted Jun 11th 2014, 04:00am by Bryan Harris

    ... Bryan Harris bryan.harris@scmp.com Slovak's firm 'was paid millions of euros' The firm of a Slovak businessman on trial over an international money-laundering plot received millions of euros in payments from a "service provider" in Hong Kong, the District Court heard. Elitecon Ltd received €3 million in 2012 from Likewise Ltd, another Hong Kong-incorporated ...

  9. News - World - LOTTERY

    Frenchman donates most of huge Euro Millions lottery win to charity

    Posted May 30th 2014, 09:37pm by AFP

    ... Agence France-Presse in Paris Man gives most of huge lottery jackpot to charity A Frenchman who scooped more than €72 million (HK$760 million) on the Euro Millions lottery is donating €50 million of his jackpot to charity. The unidentified winner, from the Haute-Garonne area of southwestern France, has said he will share his windfall between around 10 NGOs working on behalf ...

  10. News - China - CORRUPTION

    Online report suggests graft-busters targeting another military 'tiger'

    Posted Nov 24th 2014, 05:43am by Staff Reporter

    ... investigation for graft. Prosecutors searched Xu's luxury home in Beijing in March and discovered stashed in the basement more than a tonne of US dollars, euros and yuan, according to Phoenix ...




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