The European Commission has approved, under EU State aid rules, €300 million of public support for Greece’s Ultrafast Broadband Infrastructure Scheme. The scheme will bring…

Central banks around the world bought a record $15.7 billion of gold in the first six months of 2019. Central banks have increased gold reserves…

The European Central Bank (ECB) on Thursday sent a strong signal that its monetary support for the euro area economy will be increased after the…

Germany’s Bayer said on Monday it agreed to sell its Dr. Scholl’s footcare brand to Boston-based private investment firm Yellow Wood Partners for $585 million….

The European Commission said on Monday it approved under EU State aid rules a €171.74 million public service compensation granted by Italy to Poste Italiane…

Belgium-based Anheuser-Busch InBev, the world’s largest brewer, said it is selling its Australian business Carlton & United Breweries (CUB) to Japan’s Asahi for about $11…

French luxury goods conglomerate LVMH said on Monday it reached an agreement with British designer Stella McCartney to further develop her brand, months after she…

US drugmaker Gilead Sciences has agreed to invest $5.1 billion to raise its stake in Galapagos NV and partner with the Belgian-Dutch biotech firm to…

Colgate-Palmolive Company said on Friday it agreed to acquire the Laboratoires Filorga Cosmétiques skin care business for about €1.49 billion. Colgate-Palmolive said the acquisition is part…

Norwegian Air co-founder and CEO Bjørn Kjos, 72, is to leave the CEO position and continue in a new role as an advisor to the…

The International Monetary Fund said in a report on Thursday that the euro zone economy is facing rising risks from trade tensions, Brexit and Italy…

Edinburgh-based investment giant Aberdeen Standard Investments has expanded its Pan European Residential Property Fund (ASPER) SICAV-RAIF with the purchase of a newly constructed residential portfolio…

UPDATE 3 — Swiss Re announced on Thursday the suspension of its plans for a $4.1 billion initial public offering (IPO) of UK life insurance…

Swiss bank Julius Baer said it appointed Philipp Rickenbacher as its new CEO, effective September 1, 2019. Rickenbacher is currently Head of Intermediaries & Global…

German biotech firm BioNTech SE has completed a $325 million Series B financing round, making it one of the largest single private funding rounds for…

The European Commission (EC) on Wednesday cut its euro area GDP growth and inflation forecast for next year as it warned the near-term outlook for the…

Zurich Insurance Group has appointed its chief risk officer Alison Martin to the role of Chief Executive Officer Europe, Middle East & Africa (EMEA) and…

The German labour market will be short of up to six million people in 2040 compared to 2018, according to research by Deutsche Bank. “Even…

Deutsche Bank said on Sunday it has changed its leadership structure as part of its “radical transformation” that will involve scrapping its global equities business…

Deutsche Bank said on Sunday it will scrap its global equities business and scale back its investment bank, a move that will cut about 18,000…

European leaders have agreed on who should fill the top jobs for its main institutions after a marathon summit. France’s Christine Lagarde has been proposed…

The European Commission said on Monday it will provide €120 million to the EU’s beekeeping sector over the next three years “to support its essential role in…

Sotheby’s announced on Monday it signed a definitive merger agreement to be acquired by an entity wholly owned by French-Israeli telecom titan and art collector…

Deutsche Börse AG announced on Tuesday it will buy US risk and portfolio analytics firm Axioma for $850 million and combine it with Deutsche Börse’s…

The European Commission said it has fined Google €1.49 billion for breaching EU antitrust rules. “Google has abused its market dominance by imposing a number…

The landmark trade and investment agreements between the EU and Singapore on Wednesday received the approval of the European Parliament. Under the trade agreement, Singapore will…

The European Commission said it has fined Google €4.34 billion “for breaching EU antitrust rules.” “Since 2011, Google has imposed illegal restrictions on Android device…

The European Central Bank said on Thursday it will end its €2.55 trillion bond-purchase programme at the end of this year and said interest rates…

Deutsche Bank said on Thursday it will cut more than 7,000 jobs worldwide and “significantly reshape” its equities sales and trading business. “We remain committed…

The European Commission has proposed a 2019 draft EU Budget of €166 billion in commitments — a 3% increase on 2018 — saying it is…

Vodafone said it agreed to acquire Liberty Global’s operations in Germany, the Czech Republic, Hungary and Romania for an enterprise value of €18.4 billion. Vodafone…

Private equity investment in European companies hit a ten-year high in 2017 at €71.7 billion, a 29% year-on-year increase, according to a new report by…

The European Commission said it imposed a €124.5 million fine on Netherlands-based cable and telecommunications company Altice “for implementing its acquisition of the Portuguese telecommunications operator…

Deutsche Bank appointed Frank Kuhnke as the company’s new chief operating officer (COO) “responsible for technology and central operations, including information security, data management, digital…

The European Investment Fund (EIF) and the National Bank of Greece (NBG) have signed three guarantee agreements worth €640 million to improve access to finance…

Volkswagen said Herbert Diess will succeed Matthias Mueller as chief executive as it resolves to “extensively revise the group’s management structure. ” Volkswagen said: “The introduction…

The European Commission and the European Investment Fund (EIF) have launched a Pan-European Venture Capital Funds-of-Funds programme (VentureEU) to boost investment in innovative start-up and…

The European Union and its member states continue to be the world’s leading provider of Official Development Assistance (ODA) with an overall amount of €75.7…

Deutsche Bank has named 47-year-old retail banking specialist Christian Sewing as its new chief executive officer with immediate effect. He succeeds John Cryan, 57, who will…

Airbus has confirmed it will cut production rates for its A380 superjumbo and A400M military aircraft — putting up to 3,700 jobs at risk in France,…