Norwegian Air seeks bankruptcy protection in Ireland
Norwegian Air said on Wednesday it has asked an Irish court to oversee a restructuring of its debt as it seeks to stave off collapse…
Norwegian Air said on Wednesday it has asked an Irish court to oversee a restructuring of its debt as it seeks to stave off collapse…
German stock exchange operator Deutsche Börse AG said it agreed to acquire an 80% stake in corporate governance firm Institutional Shareholder Services (ISS) for about…
Spanish bank Banco Bilbao Vizcaya Argentaria (BBVA) and its smaller rival Banco Sabadell said on Monday they are in merger talks to potentially create Spain’s second-biggest…
The European Union on Tuesday charged Amazon with breaching EU antitrust rules by distorting competition in online retail markets. The EU accused Amazon of relying…
The European Commission on Tuesday welcomed the agreement between the European Parliament and the Council of the EU on the 2021-2027 EU budget and recovery…
The European Union said on Monday it will “regrettably” impose tariffs on imports of $4 billion in US goods from Tuesday, while hoping that President-elect…
The European sustainable fund market reached a new milestone in the third quarter of 2020 — reaching €880 billion of assets under management, according to…
Basque wind energy giant Iberdrola has revealed that it plans to invest €75 billion in its renewable energy production, grids and retail operations by 2025…
Ireland is the European ETF (exchange-traded funds) domicile with the highest assets under management at €552.5 billion, followed by Luxembourg with €203.6 billion, according to…
Assets under management in the European fund industry decreased from €12.3 trillion on December 31, 2019, to €12.0 trillion on September 30, 2020, according to…
UBS, the world’s largest wealth manager, said it has launched UBS Next, a $200 million portfolio that targets investments in fintech and the “broader tech…
German chemicals giant Bayer AG said on Monday it agreed to acquire US biotech company Asklepios BioPharmaceutical Inc. (AskBio) for as much as $4 billion in…
Bilbao-based renewable energy giant Iberdrola said on Wednesday its US business Avangrid Inc. agreed to agreed to buy PNM Resources Inc. of New Mexico for…
There was record demand on Tuesday for the European Union’s first coronavirus-related bonds. The sale of €17 billion of 10-year and 20-year bonds drew €233…
The European Commission said on Tuesday it is launching “infringement procedures” against Cyprus and Malta by issuing “letters of formal notice” regarding their investor citizenship…
Finland’s Nokia said it has been selected by NASA to build the first cellular network on the moon. “Nokia Bell Labs’ pioneering innovations will be…
€1 billion in new financial resources will be made available to Italy’s small and medium-sized enterprises (SMEs) and mid-caps thanks to an agreement between the European…
UK-listed SDCL Energy Efficiency Income Trust plc (SEEIT) said it agreed to acquire Värtan Gas Stockholm AB (VGSAB) in a deal that involves an equity…
Sanjeev Gupta’s Liberty Steel Group, part of the UK-based GFG Alliance, said on Friday it has made a non-binding indicative offer (NBIO) to acquire the steel…
Ryanair said on Thursday it will cut its planned winter capacity down to 40% of last year due to a wave of travel restrictions imposed…
Enel Finance International N.V. (EFI), the Dutch-registered finance company controlled by Italy’s Enel, Europe’s biggest utility, successfully launched a single-tranche “sustainability-linked bond” for institutional investors…
INWIT (Italian Wireless Infrastructures) said it successfully concluded its second bond issue for a total of €750 million — with market demand exceeding four times the…
Germany’s Energie Baden-Württemberg AG (EnBW) said it issued a senior bond with a principal amount of €500 million. The bond issue has a 10-year term…
The European Investment Bank (EIB) has approved €5.1 billion of new financing to support investment by companies most impacted by COVID-19, “alongside backing clean energy,…
A World Trade Organization (WTO) ruling on Tuesday gave the European Union the right to impose tariffs on $4 billion of US goods in retaliation…
Shares of Poland-based ecommerce platform Allegro soared more than 50% on their debut on the Warsaw stock exchange on Monday to give the firm a…
London Stock Exchange Group plc (LSEG) said on Friday it agreed to sell Borsa Italiana to Euronext NV and two Italian lenders for more than…
Denmark’s Danske Bank said on Thursday it will cut up to 1,600 jobs in the next year as part of a cost reduction programme that…
The International Finance Corporation (IFC), a member of the World Bank Group, said it issued its largest-ever pound sterling benchmark bond, raising £1 billion to…
The European Commission said on Wednesday its SURE unemployment scheme, one of the coronavirus recovery plans for EU member states, would be financed in full…