Germany’ federal cabinet on Wednesday approved a draft budget for 2022 that includes new debt of €99.7 billion to finance more Covid-19 measures — taking total…

Danish toymaker Lego Group has has unveiled its first prototype Lego brick made from recycled plastic. The new prototype, which uses PET (polyethylene terephthalate) plastic from…

The Republic of Ireland’s finance minister Paschal Donohoe has announced his intention to sell part of the state’s 13.9% shareholding in Bank of Ireland over…

Geir Karlsen has been appointed the new CEO of Norwegian Air Shuttle ASA, effective immediately, after the company’s board voted to end the 18-month tenure of Jacob…

The European Commission said on Tuesday it has opened a formal antitrust investigation to assess whether Google has violated EU competition rules by favouring its…

Volvo Car Group has announced it intends to establish a joint venture with Swedish battery firm Northvolt to develop and produce more sustainable batteries which…

The EU executive said on Friday that eight of the 10 banks previously excluded from syndicated debt sales backing the European Commission’s Covid-19 recovery fund of…

The Pensions Regulator (TPR) of the UK has announced that French drug company Sanofi has agreed to inject an upfront payment of £37 million into…

The European Union has excluded some of the world’s most powerful investment banks with past involvement in breaches of anti-trust rules from syndicated debt sales…

Berlin-based online spectacles retailer Mister Spex announced that it plans to float on the Frankfurt Stock Exchange in the third quarter of 2021. “The IPO will…

Klarna, the Swedish “buy now and pay later” payments firm, has announced a new equity funding of $639 million. Klarna said the round was led…

Swedish battery maker Northvolt has raised $2.75 billion to expand capacity at the factory it is building in northern Sweden to help satisfy increasing demand…

Greystar Europe Investment Management B.V. announced it has closed €725 million in equity commitments into its flagship pan-European residential closed-end property fund. “The vehicle received…

The European Commission has announced plans for a European Digital Identity which will be available to all EU citizens, residents and businesses in the EU….

The European Commission announced that it estimates it will sell around €80 billion of long-term bonds in 2021, to be topped up by “tens of…

Sweden’s Volvo Group announced it plans to distribute to shareholders all of the roughly 19 billion Swedish kronor ($2.3 billion) it received from the sale of…

Deutsche Börse announced it completed the acquisition of the remaining 49% stake in Clearstream Fund Centre from UBS on June 1, becoming the sole shareholder…

The EPISO 5 opportunistic fund, advised by Tristan Capital Partners, has agreed to acquire the non-listed portfolio controlled by Summit Real Estate Holdings Ltd and…

Swiss bank Julius Baer will pay $79.7 million in a settlement with the US Department of Justice after being implicated in a corruption probe surrounding…

Icelandic State Financial Investments (ISFI) has announced that Iceland intends to launch an initial public offering (IPO) of Islandsbanki by next month and plans to…

French luxury goods group Kering announced it would sell a 5.9% stake in German sportswear company Puma via a placement to investors as it focuses on…

The European Commission has fined investment banks UBS, Nomura and UniCredit a total of €371 million for participating in a European governments bond (EGB) trading cartel…

The European Central Bank (ECB) said on Wednesday the surge of Bitcoin has eclipsed previous financial bubbles like the “tulip mania” and the South Sea Bubble…

Eurostar, the cross-Channel rail service dedicated to routes connecting the UK with mainland Europe, has announced a refinancing agreement with its shareholders and banks —…

Ryanair announced on Tuesday it sold a five-year €1.2 billion Eurobond at a record low coupon rate 0.875%.  Reuters reported the sale received demand of…

Dublin-based Ryanair Holdings plc on Monday announced a record annual loss of €815 million for the year to March 31, compared to a previous year…

Volvo Cars has announced it will evaluate the possibility of an initial public offering (IPO) on the Nasdaq Stockholm stock exchange later this year. The…

Copenhagen-based coatings manufacturer Hempel announced it agreed to acquire Dorset, England-based luxury paint and wallpaper company Farrow & Ball from the Los Angeles-based private equity group of…

Swedish payments firm Trustly announced it has postponed its IPO plans following comments by the country’s financial supervisory authority about the company’s due diligence process…

European Commission regulators have accused Apple of distorting competition in the music streaming market “as it abused its dominant position for the distribution of music…