Euronext’s Oslo Børs grows to 253 companies
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…
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….
Ireland’s Phil Hogan resigned as the EU’s Trade Commissioner on Wednesday over allegations that he breached Covid-19 guidelines during a recent 20-day trip to his…
The Ifo Institute said on Tuesday that German business morale improved more than expected in August as both manufacturing and services picked up steam. “Sentiment…
European company dividends (ex-UK) fell 45% in the second quarter of 2020 — down by an “astonishing” $66.9 billion to $83.4 billion — according to…
The European Commission said on Thursday it concluded exploratory talks with Johnson & Johnson to purchase a potential vaccine against COVID-19. “This is following the…
German drugs and pesticides giant Bayer AG said on Tuesday it will acquire UK-based KaNDy Therapeutics Ltd to expand its drug development pipeline in women’s…
Climate financing by seven of the world’s largest multilateral development banks (MDBs) accounted for $61.6 billion in 2019, according to the 2019 Joint Report on…
The European Central Bank’s Pandemic Emergency Purchase Programme helped companies raise €213 billion via bond sales in the second quarter of 2020, up from €210…
The European Commission said on Tuesday it has opened an in-depth investigation under the EU Merger Regulation to assess the proposed acquisition of Fitbit by…
Gross domestic product (GDP) fell 12.1% in the euro area and declined 11.9% in the EU in the second quarter of 2020 compared with the previous quarter, according…
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…
The European Union’s chief Brexit negotiator Michael Barnier has rejected the UK’s proposal to give London’s financial district access to the European Union as “unacceptable”…
The UK said on Monday it plans to sell a record £275 billion of government debt between April and August to pay for the massive…
The European Commission has proposed an EU budget of €166.7 billion in commitments for 2021, down 9.7% on 2020. This would be the first budget…