The European Commission said on Thursday it has approved German plans to contribute €6 billion to the recapitalisation of Deutsche Lufthansa AG (DLH), the parent…

Troubled German payments firm Wirecard filed for insolvency at a Munich court on Thursday, becoming the first sitting member of Germany’s leading share index DAX…

German drugs and pesticides giant Bayer AG agreed to pay as much as $10.9 billion to settle almost 100,000 US lawsuits claiming that its weedkiller…

The European Commission said on Monday it has opened an in-depth investigation to assess the proposed $27 billion acquisition of Refinitiv by the London Stock…

Dutch banking giant ING Groep NV said on Friday its chief risk officer Steven van Rijswijk will succeed Ralph Hamers as chief executive officer and…

Troubled German payments firm Wirecard said at the weekend it has hired US investment bank Houlihan Lokey to “develop a plan for the sustainable financing…

Swedish private equity firm EQT this week agreed to sell its €4 billion credit business to European buyout fund Bridgepoint. “The acquisition will be combined…

US private equity firm KKR this week agreed to buy Dutch vacation parks firm Roompot from French private equity firm PAI Partners in a deal…

The European Investment Bank (EIB) and German biotech firm BioNTech said they concluded a €100 million debt financing agreement for the EIB to support the development…

The European football market as a whole generated record revenues of €28.9 billion (£25.5 billion) for the year covering the 2018-19 season. That’s according to…

Governments around the world have spent $10 trillion in fiscal actions to respond to the economic crisis caused by the coronavirus pandemic, the head of…

The Organisation for Economic Co-operation and Development (OECD) warned on Wednesday that if a second major outbreak of Covid-19 occurs later this year and triggers…

The euro has remained unchallenged as the second most used currency globally after the US dollar since its introduction 20 years ago, but its usage…

The European Central Bank on Thursday announced a bigger-than-expected expansion of its stimulus package to support an economy plunged into recession by the coronavirus pandemic….

The European Commission on Wednesday put forward a plan to borrow on the markets and then distribute €750 billion in grants and loans to EU…

The European Central Bank launched a €750 billion emergency bond purchase programme late on Wednesday in a huge effort to push down borrowing costs as…

The global debt-to-GDP ratio hit a new all-time high of over 322% in the third quarter of 2019 with total debt reaching close to $253…

French biopharmaceutical company Sanofi has agreed to buy California-headquartered biotechnology firm Synthorx in a cash deal worth about $2.5 billion. Sanofi said the deal would…

Dutch pension investor APG announced the acquisition of a 64% stake in Merkur Offshore, a large wind farm in the German North Sea. The acquisition…

Chicago-based Cboe Global Markets said on Tuesday it would take full control of Amsterdam-based EuroCCP, Europe’s largest clearing house for stock trades. The move will…

The European Securities and Markets Authority (ESMA), the EU’s securities regulator, said it has published its second annual statistical report analysing the European Union’s (EU)…

Global wealth grew 2.6% in the past year to $360 trillion and wealth per adult reached a record high of $70,850, according to the tenth…

Global debt surged by $7.5 trillion in the first half of 2019, hitting a new record of over $250 trillion, said a new report from…

Stock markets operator Euronext said on Thursday it was open to transformational deals in a bid to boost its dominance in the European capital markets…

Hong Kong Exchanges and Clearing (HKEX) has abandoned its unsolicited $39 billion approach for London Stock Exchange Group (LSEG) after failing to convince LSE shareholders…

Global new bond issuance through August 2019 totalled $4.6 trillion, up 11.8% on the same stage of 2018, according the the latest data from S&P…

German public-sector banks Helaba and Deka will consider a merger, a spokeswoman for Germany’s savings banks association said on Tuesday, according to a Reuters report….

Barcelona-based Cellnex said on Tuesday it agreed to buy the telecoms division of Britain’s Arqiva for about $2.5 billion in a move that expands the…

New International Monetary Fund managing director Kristalina Georgieva issued a warning about the state of the global growth on Tuesday. She warned trade conflicts had…

The European Central Bank (ECB) announced a fresh stimulus package on Thursday as it cut interest rates and agreed a new round of bond purchases…

Shares of Prosus, the spin-off of South African e-commerce group Naspers, soared on their market debut in Amsterdam, valuing Prosus at €123 billion and making…

Sotheby’s said on Thursday that its shareholders approved the $3.7 billion cash acquisition of the company by French-Israeli telecom titan and art collector Patrick Drahi….

Norwegian Air on Monday asked its bondholders for up to two more years to pay back $380 million of outstanding debt to “ensure successful operations…

Chemicals giant Ineos said it completed a deal to acquire OGC Nice Football Club. A price tag of about €100 million was previously reported, but…

German drug company Bayer said US-based Elanco Animal Health agreed to acquire Bayer’s animal health business in a transaction valued at $7.6 billion. The $7.6 billion…

The influential Business Roundtable in the United States on Monday announced a new “Statement on the Purpose of a Corporation” signed by 181 CEOs that…

The EU is to invest €114 million from the European Regional Development Fund (ERDF) to build a new 15.5 km section of railway between Naples’ Central…

The first estimate for Euro area (EA19) exports of goods to the rest of the world in June 2019 was €189.9 billion, a decrease of 4.7% compared with…

German drug company Bayer said it will pay up to $600 million for full control of cell therapy developer BlueRock Therapeutics. The move increases Bayer’s…

US activist investor Elliott has called on German classifieds group Scout24 to sell its car listings business and carry out a “more ambitious” share buyback…