EU wins right to impose tariffs on $4bn of US goods
A World Trade Organization (WTO) ruling on Tuesday gave the European Union the right to impose tariffs on $4 billion of US goods in retaliation…
A World Trade Organization (WTO) ruling on Tuesday gave the European Union the right to impose tariffs on $4 billion of US goods in retaliation…
Shares of Poland-based ecommerce platform Allegro soared more than 50% on their debut on the Warsaw stock exchange on Monday to give the firm a…
London Stock Exchange Group plc (LSEG) said on Friday it agreed to sell Borsa Italiana to Euronext NV and two Italian lenders for more than…
Denmark’s Danske Bank said on Thursday it will cut up to 1,600 jobs in the next year as part of a cost reduction programme that…
The International Finance Corporation (IFC), a member of the World Bank Group, said it issued its largest-ever pound sterling benchmark bond, raising £1 billion to…
The European Commission said on Wednesday its SURE unemployment scheme, one of the coronavirus recovery plans for EU member states, would be financed in full…
Swedish telecoms giant Telia Company AB said it agreed to sell its international carrier business Telia Carrier to pension fund Polhem Infra in a deal worth about 9.45…
Japan’s NEC Corp said on Monday it will buy unlisted Swiss financial software company Avaloq Group AG for 2.05 billion Swiss francs ($2.2 billion). NEC…
The European Central Bank (ECB) on Friday took a step closer to issuing a digital version of the euro currency. The ECB said it published…
The latest EY Financial Services Brexit Tracker shows financial services firms have continued to move staff out of the UK ahead of Brexit deadline, with…
Volvo Cars said on Wednesday it successfully placed its first green bond, “raising €500 million from a diverse group of institutional investors and further increasing…
Poland-based e-commerce platform Allegro raised about 9.2 billion zloty ($2.3 billion) in Warsaw’s largest-ever IPO after selling more stock than anticipated on Tuesday, Bloomberg reported….
Germany’s Commerzbank has poached a senior executive from larger rival Deutsche Bank to be its new chief executive after months of turmoil. Commerzbank appointed Manfred…
The eurozone economy has recovered faster than expected from the first wave of COVID-19 but the next stage of the recovery could be more challenging,…
AIB said on Wednesday it has become the first Irish bank to complete a green bond issuance. “The €1bn proceeds from the green bond will…
JPMorgan Chase & Co is moving about €200 billion of assets from the UK to Germany as a result of the UK’s exit from the…
Deutsche Bank is planning to close 20% of its branches in Germany, according to a Reuters report. Philipp Gossow, a Deutsche Bank executive who oversees…
French telecoms group Iliad said on Monday it plans to acquire Polish mobile provider Play in a €3.5 billion deal. Iliad, controlled by French tycoon Xavier Niel, said…
Airbus on Monday revealed three concepts for the world’s first zero-emission commercial aircraft which it said could enter service by 2035. All three concepts rely…
Sweden’s Ericsson has agreed to buy US-based wireless networking company Cradlepoint in a $1.1 billion cash deal as part of plans to expand its 5G-related…
London Stock Exchange Group (LSEG) said on Friday it has entered exclusive talks to sell Borsa Italiana — owner of the Milan stock exchange —…
Caixabank has agreed to buy Bankia for €4.3 billion in an all-share deal that creates Spain’s biggest domestic lender and points to long-awaited consolidation in…
The European Central Bank on Thursday gave banks in the euro zone relief worth an estimated €73 billion from a crucial capital requirement in a…
Irish insulation maker Kingspan Group said on Wednesday it raised €750 million from a so-called green private placement. A green placement refers to a type…
Volkswagen Group said on Wednesday it sold its first green bonds with a volume of €2 billion. The bonds, denominated in euros, have terms of…
German freight startup Sennder said on Wednesday it has acquired Uber’s European freight business in an all-stock transaction. Uber will acquire a minority stake in…
Handelsbanken said on Wednesday it will close almost half of its branches in Sweden and cut about 1,000 jobs over the next two years and…
Swiss bank Julius Baer said on Wednesday it is in “advanced discussions” with the US Department of Justice (DOJ) about reaching a resolution over allegations…
Sweden’s “buy now and pay later” payments firm Klarna said on Tuesday it has raised $650 million of equity from investors led by Silver Lake…
The global chairman of accounting giant EY has told clients the audit firm regretted not detecting fraud sooner than it did at German payments company…
The chairmen of UBS Group AG and Credit Suisse Group AG are exploring a potential merger, according to reports by the blog Inside Paradeplatz and…
Volkswagen’s Traton commercial truck unit said on Thursday it increased its offer for all outstanding shares of Illinois-based Navistar International Corporation not already owned by Traton…
Norway’s Equinor said on Thursday it agreed to sell 50% non-operated interests in the Empire Wind and Beacon Wind offshore wind developments on the US east coast to BP…
Swedish private equity firm EQT said on Thursday it agreed to acquire Madrid-based online real estate classifieds platform Idealista for a transaction price of €1.3…
Alphabet Inc’s Google has walked away from a plan to rent space in Dublin for as many 2,000 workers, abandoning one of the city’s biggest…
Ryanair said on Tuesday it issued a five- year €850 million Eurobond at a fixed coupon of 2.875%. The bond sale was multiple times oversubscribed…
Ireland’s GDP fell by 6.1% quarter-on-quarter from April to June this year — the largest quarterly fall on record. However, the GDP decline was not…
Spanish banks Caixabank and Bankia are in talks about a merger to create the biggest domestic lender in Spain with more than €650 billion in assets….
The number of companies listed on or traded at Euronext’s Oslo Børs has reached its highest level since the financial crisis. Two new companies were…
By Mark McSherry Amazon announced it has ordered more than 1,800 electric vehicles from Mercedes-Benz Vans to expand its delivery fleet in Europe this year….