• U.S. hedge fund Third Point said on Thursday it plans an initial public offering (IPO) in London to raise about 500 million euros ($665.3 million), bringing one of the most aggressive activist investors to Europe.

  • U.S. Whole Foods Supersizes in London, Next Europe Tuesday, 5 Jun 2007 | 7:29 AM ET

    Whole Foods Market, the world's largest organic and natural foods chain, opens its first store outside North America in London on Wednesday and plans hundreds more in Britain and across Europe.

  • BAA, the U.K. airports operator, is in talks to sell a half-share in a group of warehouses and offices around Heathrow airport for about £600 million ($1.18 billion), the Times newspaper reported.

  • Dubai 'Sour' Futures Contract to Launch Thursday, 31 May 2007 | 6:24 AM ET

    The energy market could have a new benchmark oil price when Dubai launches its Middle East sour crude futures contract as an alternative to New York's NYMEX light crude oil futures and London's IPE Brent crude oil.

  • Cantor to Combine eSpeed, BGC in $1.3 Billion Deal Wednesday, 30 May 2007 | 7:57 AM ET

    Bond trader Cantor Fitzgerald is combining its electronic brokerage eSpeed, which has been a takeover target, with its BGC Partners inter-dealer broker into a new publicly listed company in a $1.3 billion deal.

  • London's Big Bus Sells Stake to Gulf Arab Family Tuesday, 29 May 2007 | 5:29 AM ET

    Owners of London-based The Big Bus, which runs hop-on hop-off tourist buses in the British capital, Baltimore and Dubai, sold a 30% stake to a Gulf Arab family, Abu Dhabi's Al Fahim Group said on Tuesday.

  • London Stock Exchange Annual Profits Rise 55% Wednesday, 16 May 2007 | 11:56 AM ET

    The London Stock Exchange Group's annual net profit rose 55% as hedge funds and specialist traders boosted the number of average daily trades, the bourse reported Wednesday.

  • New vs. Existing: What's up with that??? Wednesday, 25 Apr 2007 | 4:10 PM ET

    So I just saw on TV that Gwyneth Paltrow doubled her money on the sale of her Tribeca apartment in Manhattan. $14 mill!! She may not like the U.S. (she moved to London because, she has said, she prefers the European way of life), but she can't trash the NYC real estate market now, can she? Like I've been saying and saying and saying, all real estate is local.