Germany’s gross domestic product (GDP) fell 10.1% in the second quarter of 2020 compared to the first quarter, the largest decline since the beginning of…

Volkswagen’s Traton commercial truck unit said on Wednesday it signed its inaugural syndicated revolving credit facility for a total amount of €3.75 billion. “The facility…

French luxury goods group Kering said on Tuesday its consolidated revenue in the second quarter fell 43.7% to €2.17 billion on a comparable basis as…

The European Central Bank (ECB) on Tuesday extended a recommendation to banks in the euro zone not to pay dividends and not to buy back…

Deutsche Bank said on Monday it will end its global business activities in coal mining by 2025 at the latest. The German bank also said…

Ireland’s National Treasury Management Agency (NTMA) said on Friday it is now guiding that total bond funding activity this year “will be at the upper…

S&P Global Ratings said global securitization issuance volume for the first half of 2020 fell about 20% to roughly $420 billion equivalent compared to the…

Standard & Poor’s Global Ratings said in a new report that the €750 billion EU Recovery Fund and “the establishment of a shared fiscal mechanism”…

San Jose-based eBay has agreed to sell its classified ads business to Norway’s Adevinta in a cash and stock deal worth $9.2 billion that will…

European Union leaders finally agreed a stimulus package worth €750 billion early on Tuesday — with the money to come from bonds sold on behalf…

GlaxoSmithKline (GSK), the world’s largest vaccine-maker, is to buy a 10% stake in German biotech company CureVac for £130 million. The price of the stake…

EU antitrust boss Margrethe Vestager has vowed to continue her fight against tax measures used by multinational companies despite the huge setback delivered by Europe’s…

The Institute for International Finance (IIF) said on Thursday that global debt surged to a record $258 trillion in the first quarter of 2020 as…

The UK Government said on Thursday it would seek to borrow another £110 billion from the bond market between September and November. The move will take the…

By Mark McSherry S&P Global Ratings said in a new report that the EU could become the main liquidity provider for a “green safe asset”…

S&P Global Ratings has lowered its ratings on four European airports and associated companies “due to a slower expected recovery in passenger traffic” than it…

The European Commission said on Tuesday it has fined Orbia of Mexico, Clariant of Switzerland and Celanese of the US a total of €260 million…

Janus Henderson Investors announced on Monday the results of its first annual Corporate Debt Index survey, saying company net borrowings around the world surged to…

The European Central Bank and the European Commission said on Friday that Bulgaria and Croatia have been accepted into the Exchange Rate Mechanism, known as…

Shares of Deutsche Post DHL edged higher on Wednesday after it said on Tuesday its quarterly operating profit (EBIT) rose 16% to around €890 million,…

Global mergers and acquisitions (M&A) volume fell 32% to 10,155 transactions and deal values declined 52.7% to $901.6 billion in the first half of 2020…

The European Commission has launched the €1 billion first call for proposals under its Innovation Fund, one of the world’s largest programmes for innovative low-carbon technologies….

The European Commission forecast on Tuesday that the EU economy will experience a “deep recession” this year due to the coronavirus pandemic, suffering an economic…

By Mark McSherry New York State’s Superintendent of Financial Services Linda Lacewell said on Tuesday that Deutsche Bank has agreed to pay $150 million in…

The chief executive and chairman of Commerzbank stepped down on Friday following demands from its second-biggest shareholder Cerberus that the German bank change its strategy…

Some of Europe’s biggest stock exchanges on Wednesday returned a negative response to UK proposals to shorten the trading day, delivering a blow to the…