ASML, Europe’s tech colossus, picks new CEO
Dutch semiconductor equipment manufacturer ASML Holding NV announced that it plans to appoint Christophe Fouquet as chief executive officer and president when its two co-presidents retire…
Dutch semiconductor equipment manufacturer ASML Holding NV announced that it plans to appoint Christophe Fouquet as chief executive officer and president when its two co-presidents retire…
Total capital invested into European technology start-ups firms in 2023 is on track to reach around $45 billion — 45% less than in 2022 and…
The European Commission said it has fined Dutch bank Rabobank €26.6 million for participating in a cartel “concerning the trading of certain Euro-denominated bonds, together with…
Swiss engineering and technology company ABB and the European Investment Bank (EIB), the lending arm of the European Union, have signed a €500 million financing…
Global debt rose by more than $9.5 trillion during the first three quarters of 2023, surpassing $307 trillion –over $60 trillion higher than in 2018…
Global dividends fell slightly in the third quarter of 2023, declining 0.9% to $421.9 billion on a headline basis. But dividends in Europe jumped 22.9%…
Denmark’s Ørsted, the world’s largest offshore wind developer, announced that its chief financial officer Daniel Lerup and its chief operating officer Richard Hunter are leaving…
The European Investment Bank (EIB) said it has signed a €225 million framework loan with the Spanish autonomous community of Extremadura to co-finance investment in the…
European private equity firm PAI Partners has announced the successful final close of its latest flagship fund, PAI Partners VIII. PAI said Fund VIII surpassed…
Swiss drugmaker Roche said it will buy Telavant, a developer of a new treatment for inflammatory bowel diseases, for an initial $7.1 billion from US biotech…
By Mark McSherry Net assets of worldwide investment funds rose 3.2% to $70 trillion in Q2 of 2023, according to the European Fund and Asset Management…
By Mark McSherry Global debt increased by $10 trillion in the first half of 2023 to a new all-time high of $307 trillion, according to the…
Almost €600 million in new financing will be provided to 650,000 small and medium-sized enterprises (SMEs) and mid-caps in Italy thanks to a new agreement between…
Global company dividends rose to a record $568.1 billion in the second quarter of 2023, up 4.9% on a headline basis, with European firms leading…
Swedish lithium-ion battery producer Northvolt announced the raising of $1.2 billion to finance plans for its further European and North American expansion. Northvolt said the…
Fund companies in Germany recorded a net inflow of €38 billion in the first half of 2023 as the industry’s assets rose to €4 trillion,…
Calastone’s latest fund flow data shows that UK investors are increasingly shunning regionally focused funds — especially UK shares — in favour of global equities….
The number of companies listing on the stock exchanges of Europe has fallen to the lowest level since 2009, according to the Association for Financial…
European stock markets fell on Wednesday following Fitch’s downgrade of the the US government’s triple-A debt rating. Rating agency Fitch downgraded the United States to…
Luxembourg-based private equity giant CVC Capital Partners has raised €26 billion ($29.2 billion) for the world’s biggest-ever buyout fund. “CVC is pleased to announce the…
Research and consultancy firm ETFGI has reported that assets invested in the global ETFs industry (exchange-traded funds) reached a record $10.51 trillion at the end of…
Companies around the world took on $456 billion of net new debt in 2022-23, as of March 31, pushing the outstanding total up 6.2% on…
The European Commission has fined San Diego-based genetic testing company Illumina a record €432 million for closing its $8bn takeover of Menlo Park, California-based cancer test…
The European Commission, which issues EU-Bonds on behalf of the EU, said it successfully completed its eighth syndicated transaction since the beginning of the year, raising…
The European Investment Bank (EIB) announced it has provided a €435 million loan to Rome-based water utility Acea with the primary goal of strengthening and improving…
European policing agency Europol announced that the dismantling of the encrypted communications tool EncroChat, widely used by organised crime groups (OCGs), has so far led to…
By Mark McSherry Canada’s Investment Management Corporation of Ontario (IMCO) announced it will invest $400 million in battery producer Northvolt to help the Swedish company…
By Mark McSherry US semiconductor giant Intel is to invest more than €30 billion ($33 billion) to develop two chip-making plants in Magdeburg in Germany as part…
By Mark McSherry Europe’s Airbus has announced the biggest plane deal in history with an order for 500 narrowbody A320 Family aircraft from Indian budget carrier IndiGo…
By Mark McSherry The European Central Bank (ECB) raised euro zone borrowing costs to their highest level in 22 years on Thursday, with ECB President Christine…
EU regulators said on Wednesday that Alphabet’s Google may have to sell part of its adtech business to address concerns about anti-competitive practices. The European Commission…
Lombard Odier Investment Managers (LOIM) has announced the appointment of forestry expert Marc Palahi as its first Chief Nature Officer as part of the firm’s…
Iberdrola has signed a new financing agreement worth €1 billion with the European Investment Bank (EIB) to build an extensive network of 19 solar power plants…
By Mark McSherry Company share buybacks soared 22% to a record $1.31 trillion in 2022, according to Janus Henderson. Share buybacks have now tripled in…
By Mark McSherry Global company dividends jumped 12% on a headline basis in Q1 of 2023 to a first-quarter record of $326.7 billion, thanks mainly…
By Mark McSherry Bloomberg, MarketAxess and Tradeweb announced they have signed a joint venture agreement to establish an independent joint venture company “for the purpose…
By Mark McSherry Facebook owner Meta Platforms has been hit by a record €1.2 billion fine by its lead European Union privacy regulator over its handling…
By Mark McSherry Global debt stock grew by $8.3 trillion to a near-record $305 trillion in the first quarter of 2023, according to the latest…
By Mark McSherry Euronext announced that its AGM approved the reappointment of Stéphane Boujnah as CEO and chairman of its managing board for a four-year…
By Mark McSherry The European Union has approved Microsoft Corp.’s $69 billion proposed takeover of Activision Blizzard Inc — just weeks after the UK’s Competition…