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,…

Deutsche Boerse wants to win a quarter of the euro clearing market from London if the UK leaves the European Union, Deutsche Boerse’s new CEO said…

The European Commission said it has opened an in-depth investigation into the proposed $85 billion merger of industrial gases giants Linde and Praxair, saying it feared…

Europe’s biggest insurer Allianz Group said its 2017 full-year revenues rose 3% to €126.1 billion, driven by improvements in all business segments, especially asset management and life and…

The share of energy from renewable sources in gross final consumption of energy reached 17% in the European Union (EU) in 2016, double the share in…

The European Commission said EU Member States agreed on the Commission’s proposal to invest €873 million in key European energy infrastructure projects. In the electricity…

Qualcomm said it will appeal the decision of the European Commission (EC) to fine Qualcomm $1.23 billion “for abusing its market dominance in LTE (Long-Term Evolution) baseband chipsets.”…

China’s Geely Holding has agreed to buy an 8.2% stake in Swedish truck maker AB Volvo from activist investor Cevian Capital for roughly $3.3 billion. Geely…

Allianz X, the digital investment unit of Germany’s Allianz Group, announced a $96.6 million investment in BIMA, a digital microinsurer that uses mobile technology to…

French aerospace and defense giant Thales agreed to buy Dutch-French chipmaker Gemalto for €4.8 billion to create a “global market leader in the fast-growing digital security…

Sweden’s Assa Abloy, the world’s largest lock maker whose brands include Chubb and Yale, said on Monday it appointed Nico Delvaux as its new chief executive….

German residential property giant Vonovia has agreed to buy Austrian peer Buwog in a cash deal that values Buwog at up to €5.2 billion, the two companies…

Norway’s Statoil and Brazil’s Petrobras agreed that Statoil will acquire a 25% interest in Roncador, a large oil field in the Campos Basin in Brazil,…

The European Commission said it opened an in-depth investigation into the Netherlands’ tax treatment of Inter IKEA, one of the two groups operating the IKEA…

The European Commission has approved under EU state aid rules Germany’s plans to grant Air Berlin a temporary €150 million bridging loan. “The measure will…

Swedish car manufacturer Volvo Cars said it will be phasing out solely combustion engine-powered cars and that every car it launches from 2019 will have…

The European Commission said it fined Alphabet unit Google a record €2.42 billion for abusing its dominance as a search engine by “giving illegal advantage”…

The European Commission said it approved French support for the construction of a €1.32 billion express railway line between Paris and Charles de Gaulle airport….

The European Commission said it approved under EU state aid rules the transfer of radioactive waste liabilities to a new public fund in Germany in…

The European Commission has opened an in-depth investigation to assess the proposed $38 billion acquisition of Netherlands-based NXP Semiconductors by San Diego-based Qualcomm under the…

Pittsburgh-based PPG Industries said it withdrew its proposal to buy Dutch paints, coatings and chemicals giant AkzoNobel in a €26.3 billion deal after a final attempt to engage AkzoNobel’s boards failed. “We…

The European Securities and Markets Authority (ESMA) said it fined Moody’s Deutschland GmbH (Moody’s Germany) €750,000 and Moody’s Investors Service Limited (Moody’s UK) €490,000, and…

Switzerland-based chemicals firm Clariant and US-based Huntsman said their boards unanimously approved a definitive agreement to merge in all-stock transaction that creates a company with a combined enterprise value of $20…

The European Commission has fined Facebook €110 million for “providing incorrect or misleading information” during the Commission’s 2014 investigation under the EU Merger Regulation of…

The first estimate for euro area exports of goods to the rest of the world in March 2017 was €202.3 billion, up 13% on March 2016, according…

AXA Investment Managers – Real Assets said it agreed to acquire a portfolio of 39 predominantly logistics assets spread across five European countries from Gramercy Property Europe…

French luxury goods group Kering said its consolidated revenue rose 28.6% on a comparable basis in the first quarter, with comparable sales its Gucci business up 48.3% and…

Around 840,000 people acquired citizenship of a member state of the European Union in 2015 — down from 890,000 in 2014 and 980,000 in 2013 — according…

BMW Group said its profit before tax rose 26.9% to €3.005 billion on revenue up 12.4% to €23.448 billion in its first quarter of the financial year 2017, helped by its Chinese…

UK Prime Minister Theresa May has announced plans to call a snap general election on June 8 — having decided she needs to win support for…

French supermarket retail giant Carrefour said its sales rose 6.2% to €21.3bn in the first quarter of 2017 as its international operations boosted performance. Carrefour also said…

Dutch paints giant AkzoNobel, which has rejected a $24 billion takeover proposal from Pittsburgh-based rival PPG Industries, said it received a request from shareholders led by Elliott Advisors to…

Dutch bicycle firm Accell Group confirmed it received a roughly €845 million takeover proposal from Pon Holdings and was now having “exploratory discussions” with its Netherlands rival….

Private equity firms Bain Capital and Cinven won the bidding war for Germany’s Stada on Monday when they agreed to offer a total of €5.3 billion for the…

Deutsche Bank said it raised €8 billion in its latest capital increase as 98.9% of share subscription rights in its rights issue were exercised — with the bank planning to sell…

Deutsche Bank CEO John Cryan voiced support for a Capital Markets Union in Europe during a panel discussion at the German Banking Congress in Berlin. “It…

Volkswagen and leading Chinese artificial intelligence (AI) company Mobvoi have entered a joint venture strategic partnership to develop and implement AI technologies in cars. Volkswagen…

The United States was the European Union’s biggest goods trading partner in 2016 with €610 billion, or 17.7% of total EU trade in goods, according to Eurostat,…