EU fines Google €4.3bn over Android search
The European Commission said it has fined Google €4.34 billion “for breaching EU antitrust rules.” “Since 2011, Google has imposed illegal restrictions on Android device…
The European Commission said it has fined Google €4.34 billion “for breaching EU antitrust rules.” “Since 2011, Google has imposed illegal restrictions on Android device…
The European Central Bank said on Thursday it will end its €2.55 trillion bond-purchase programme at the end of this year and said interest rates…
Deutsche Bank said on Thursday it will cut more than 7,000 jobs worldwide and “significantly reshape” its equities sales and trading business. “We remain committed…
The European Commission has proposed a 2019 draft EU Budget of €166 billion in commitments — a 3% increase on 2018 — saying it is…
Vodafone said it agreed to acquire Liberty Global’s operations in Germany, the Czech Republic, Hungary and Romania for an enterprise value of €18.4 billion. Vodafone…
Private equity investment in European companies hit a ten-year high in 2017 at €71.7 billion, a 29% year-on-year increase, according to a new report by…
The European Commission said it imposed a €124.5 million fine on Netherlands-based cable and telecommunications company Altice “for implementing its acquisition of the Portuguese telecommunications operator…
Deutsche Bank appointed Frank Kuhnke as the company’s new chief operating officer (COO) “responsible for technology and central operations, including information security, data management, digital…
The European Investment Fund (EIF) and the National Bank of Greece (NBG) have signed three guarantee agreements worth €640 million to improve access to finance…
Volkswagen said Herbert Diess will succeed Matthias Mueller as chief executive as it resolves to “extensively revise the group’s management structure. ” Volkswagen said: “The introduction…
The European Commission and the European Investment Fund (EIF) have launched a Pan-European Venture Capital Funds-of-Funds programme (VentureEU) to boost investment in innovative start-up and…
The European Union and its member states continue to be the world’s leading provider of Official Development Assistance (ODA) with an overall amount of €75.7…
Deutsche Bank has named 47-year-old retail banking specialist Christian Sewing as its new chief executive officer with immediate effect. He succeeds John Cryan, 57, who will…
Airbus has confirmed it will cut production rates for its A380 superjumbo and A400M military aircraft — putting up to 3,700 jobs at risk in France,…
Deutsche Boerse wants to win a quarter of the euro clearing market from London if the UK leaves the European Union, Deutsche Boerse’s new CEO said…
The European Commission said it has opened an in-depth investigation into the proposed $85 billion merger of industrial gases giants Linde and Praxair, saying it feared…
Europe’s biggest insurer Allianz Group said its 2017 full-year revenues rose 3% to €126.1 billion, driven by improvements in all business segments, especially asset management and life and…
The share of energy from renewable sources in gross final consumption of energy reached 17% in the European Union (EU) in 2016, double the share in…
The European Commission said EU Member States agreed on the Commission’s proposal to invest €873 million in key European energy infrastructure projects. In the electricity…
Qualcomm said it will appeal the decision of the European Commission (EC) to fine Qualcomm $1.23 billion “for abusing its market dominance in LTE (Long-Term Evolution) baseband chipsets.”…