Apple hit with EU charge over mobile payments
By Mark McSherry European Commission antitrust regulators have charged iPhone maker Apple with allegedly restricting rivals’ access to its technology used for mobile wallets. Apple…
By Mark McSherry European Commission antitrust regulators have charged iPhone maker Apple with allegedly restricting rivals’ access to its technology used for mobile wallets. Apple…
Allied Irish Banks (AIB) announced it is has entered into exclusive discussions with NatWest Group plc for the acquisition of €6 billion of Ulster Bank…
LaSalle Investment Management said it is launching a €500 million pan-European “urban hotel aggregation strategy” via a strategic partnership with digital hotel operator NUMA Group….
Credit Suisse Group announced on Wednesday a number of major changes to its executive board and management team — including the appointment of Bank of…
Bank of Ireland announced late on Tuesday that Francesca McDonagh has informed the board of Bank of Ireland Group plc of her intention to step…
A senior European Central Bank (ECB) official on Monday launched an attack against the $1.3 trillion cryptocurrency market, comparing it to a “Ponzi scheme” and calling…
International Monetary Fund (IMF) chief economist Pierre-Olivier Gourinchas has warned that a potential new multipolar world — where Europe and the US are in one system…
The European Central Bank (ECB) on Thursday confirmed its plans to end its massive bond-buying stimulus scheme in the third quarter of 2022 — as…
A European Central Bank (ECB) survey showed on Tuesday that Euro zone banks plan to sharply tighten access to corporate credit in the second quarter…
The government of Ireland has extended the sell down of its shares in Bank of Ireland for another six months after raising €532 million since last…
The Janus Henderson Sovereign Debt Index has predicted that total government debt around the world will increase 9.5% to $71.6 trillion in 2022, with the…
Hertz announced it will buy up to 65,000 electric vehicles (EVs) over five years from Polestar, the Swedish all-electric car maker controlled by Volvo Car AB and its owner Zhejiang…
Global merger and acquisition (M&A) activity in 2022 has recorded a strong start with the number of completed deals valued over $100 million in the…
Bank of Ireland Group announced that its chief strategy officer Mark Spain has been appointed group chief financial officer and executive director from March 31. Spain…
European brewing giants Heineken and Carlsberg said on Monday they will quit Russia as they join the exodus of Western companies leaving Russia following its invasion of…
The European Central Bank announced it has established or extended liquidity lines with central banks in Poland and four other countries to support them in…
Insurance giant American International Group, Inc. (AIG) and BlackRock, the world’s largest asset manager, have announced significant partnerships in which up to $150 billion of…
Deutsche Bank has nominated Yngve Slyngstad, the former CEO of Norway’s sovereign wealth fund, to its supervisory board. Slyngstad was CEO of Norges Bank Investment…
China has suffered large and “unprecedented” outflows of capital since Russia invaded Ukraine, according to the Institute of International Finance (IIF). “Something very unusual is happening…
The European Central Bank (ECB) announced on Thursday it will end most of the relaxed bank funding rules it introduced in response to the coronavirus…
The Central Bank of Ireland said it has fined BNY Mellon Fund Services (Ireland) DAC €10.8 million and reprimanded the firm for 16 regulatory breaches between…
The European Fund and Asset Management Association (EFAMA) has published its International Quarterly Statistical Release on the worldwide investment fund industry, showing that net sales of…
Credit Suisse has shaken up its board with moves that include the departure of vice chair and lead independent director Severin Schwan as the Swiss bank…
Intel has announced the first phase of its plans to invest as much as €80 billion over the next decade into the semiconductor value chain…
The European Commission said it has approved the disbursement of more than €2 billion under the Brexit Adjustment Reserve to a group of 12 member…
The European Central Bank (ECB) has accelerated the reduction in its bond-buying monetary stimulus as inflation rises amid the war in Ukraine. The ECB said…
Ireland’s gross domestic product (GDP) grew 13.5% to €428.3 billion in 2021, driven by a strong upturn in its multinational dominated sectors, according to national…
Financial market index providers MSCI and FTSE Russell are to drop Russian equities from their widely-tracked indexes — and the London Stock Exchange is suspending…
Global company dividends rose 16.8% on a headline basis to a record $1.47 trillion in 2021, with mainland European dividends rebounding 36.1% to $229.3 billion, according…
Norway’s $1.3 trillion sovereign wealth fund, the largest such fund in the world, announced it will divest its Russian assets following Russia’s invasion of Ukraine….
The European Fund and Asset Management Association (EFAMA) has announced that 2021 was an “absolute record year” for equity funds, with net sales surging to €399…
The European Central Bank’s (ECB’s) audited financial statements for 2021 show that profit for the year plummeted to €192 million from €1.643 billion in 2020…
The European Commission announced it has concluded that Hungary’s decision to veto the acquisition of the Hungarian subsidiaries of the Aegon Group by Vienna Insurance…
Eurozone economic activity rose at the fastest pace in five months in February as Covid-19 containment measures were relaxed. Business activity rebounded most sharply in…
The European Union has filed a legal challenge against China at the World Trade Organization (WTO) arguing that Chinese courts are preventing European companies from…
Blackstone announced that existing investors in Mileway, its pan-European last mile logistics company, have agreed to recapitalize the company for €21 billion “and to hold…
The European Commission has proposed a comprehensive set of measures to ensure the EU’s security of “supply, resilience and technological leadership in semiconductor technologies and…
Ireland’s tax receipts totaled €6.7 billion in January, up 24% on an annual basis and 13% higher than the pre-pandemic position in January 2020. January…
Macquarie Asset Management, on behalf of one of its managed funds, is to acquire a significant minority stake in Dutch sustainability-focused real estate developer EDGE…
Danish railway company Danske Statsbaner (DSB) has finalised a 25-year lending agreement with the European Investment Bank (EIB) worth €500 million for the acquisition of new…