EU and China agree major investment deal
The EU and China on Wednesday concluded in principle their negotiations for a Comprehensive Agreement on Investment (CAI). The EU said China has committed to…
The EU and China on Wednesday concluded in principle their negotiations for a Comprehensive Agreement on Investment (CAI). The EU said China has committed to…
The Council of the European Union said on Tuesday it has adopted, by written procedure, the decision on the signing of the EU-UK Trade and…
Germany’s Delivery Hero said it has agreed to sell South Korean food delivery app Yogiyo as part of the conditions for regulatory approval of its…
The European Commission said it has approved, under the EU Merger Regulation, the proposed $38 billion merger between the automotive companies Fiat Chrysler Automobiles N.V….
The European Commission said it has opened an in-depth investigation to assess the proposed acquisition of Willis Towers Watson by Aon, under the EU Merger…
Cambridge-based AstraZeneca said on Saturday it has agreed to buy US drug company Alexion Pharmaceuticals for $39 billion in stock and cash in its largest…
Asset management firms representing over $9 trillion of assets under management (AUM) have announced the launch of the Net Zero Asset Managers initiative. The global…
Venture capital group Highland Europe announced it has raised €700 million for its fourth fund, its largest yet, “to double-down on its strategy of backing…
Klarna, the Swedish “buy now and pay later” payments firm, announced the appointment of veteran Silicon Valley venture capitalist Michael Moritz, a partner at Sequoia…
S&P Global Inc has agreed to pay $44 billion in stock to acquire IHS Markit Ltd in the biggest deal of 2020. The deal accelerates…
Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) and its smaller rival Banco Sabadell have ended merger talks after they failed to agree on price. The move…
German media giant Bertelsmann said it is further expanding its global content businesses with the acquisition of publishing house Simon & Schuster in the US….
Deutsche Börse AG has announced that Germany’s blue-chip DAX shares index is to expand from 30 to 40 companies from September 2021 with tougher membership criteria….
Global debt could exceed $360 trillion by 2030 — over $85 trillion higher than current levels — according to the latest Global Debt Monitor from…
Greencoat UK Wind plc (UKW) said on Monday it agreed to acquire a 49% stake in the Humber Gateway offshore wind farm from German utility…
German conglomerate Thyssenkrupp has announced plans to cut another 7,400 jobs “to address long-term market developments and the effects of coronavirus.” In May 2019 the…
Norwegian Air said on Wednesday it has asked an Irish court to oversee a restructuring of its debt as it seeks to stave off collapse…
German stock exchange operator Deutsche Börse AG said it agreed to acquire an 80% stake in corporate governance firm Institutional Shareholder Services (ISS) for about…
Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) and its smaller rival Banco Sabadell said on Monday they are in merger talks to potentially create Spain’s second-biggest…
By Mark McSherry The European Union on Tuesday charged Amazon with breaching EU antitrust rules by distorting competition in online retail markets. The EU accused…
The European Commission on Tuesday welcomed the agreement between the European Parliament and the Council of the EU on the 2021-2027 EU budget and recovery…
The European Union said on Monday it will “regrettably” impose tariffs on imports of $4 billion in US goods from Tuesday, while hoping that President-elect…
The European sustainable fund market reached a new milestone in the third quarter of 2020 — reaching €880 billion of assets under management, according to…
Basque wind energy giant Iberdrola has revealed that it plans to invest €75 billion in its renewable energy production, grids and retail operations by 2025…
Ireland is the European ETF (exchange-traded funds) domicile with the highest assets under management at €552.5 billion, followed by Luxembourg with €203.6 billion, according to…
Assets under management in the European fund industry decreased from €12.3 trillion on December 31, 2019, to €12.0 trillion on September 30, 2020, according to…
UBS, the world’s largest wealth manager, said it has launched UBS Next, a $200 million portfolio that targets investments in fintech and the “broader tech…
German chemicals giant Bayer AG said on Monday it agreed to acquire US biotech company Asklepios BioPharmaceutical Inc. (AskBio) for as much as $4 billion in…
Bilbao-based renewable energy giant Iberdrola said on Wednesday its US business Avangrid Inc. agreed to agreed to buy PNM Resources Inc. of New Mexico for…
By Mark McSherry There was record demand on Tuesday for the European Union’s first coronavirus-related bonds. The sale of €17 billion of 10-year and 20-year…
The European Commission said on Tuesday it is launching “infringement procedures” against Cyprus and Malta by issuing “letters of formal notice” regarding their investor citizenship…
Finland’s Nokia said it has been selected by NASA to build the first cellular network on the moon. “Nokia Bell Labs’ pioneering innovations will be…
€1 billion in new financial resources will be made available to Italy’s small and medium-sized enterprises (SMEs) and mid-caps thanks to an agreement between the European…
UK-listed SDCL Energy Efficiency Income Trust plc (SEEIT) said it agreed to acquire Värtan Gas Stockholm AB (VGSAB) in a deal that involves an equity…
Sanjeev Gupta’s Liberty Steel Group, part of the UK-based GFG Alliance, said on Friday it has made a non-binding indicative offer (NBIO) to acquire the steel…
Ryanair said on Thursday it will cut its planned winter capacity down to 40% of last year due to a wave of travel restrictions imposed…
Enel Finance International N.V. (EFI), the Dutch-registered finance company controlled by Italy’s Enel, Europe’s biggest utility, successfully launched a single-tranche “sustainability-linked bond” for institutional investors…
INWIT (Italian Wireless Infrastructures) said it successfully concluded its second bond issue for a total of €750 million — with market demand exceeding four times the…
Germany’s Energie Baden-Württemberg AG (EnBW) said it issued a senior bond with a principal amount of €500 million. The bond issue has a 10-year term…
The European Investment Bank (EIB) has approved €5.1 billion of new financing to support investment by companies most impacted by COVID-19, “alongside backing clean energy,…