Watchdog: ECB needs more democratic oversight
The European Central Bank (ECB) urgently needs to increase democratic oversight and accountability if the euro is to survive the next crisis, according to a new…
EU approves $130bn Dow-DuPont merger
The European Commission approved the proposed $130 billion merger of US-based chemical companies Dow and DuPont “conditional in particular on the divestiture of major parts of…
AkzoNobel rejects $24.2bn bid from PPG
Dutch paints and coatings giant AkzoNobel said it rejected “a second unsolicited, non-binding and conditional proposal” from Pittsburgh-based rival PPG Industries to buy AkzoNobel for about $24.2 billion. “The…
UK says it will trigger Brexit process on March 29
The UK government said on Monday it intends on March 29 to formally trigger the long negotiations for the UK to leave the EU. “The UK’s Permanent…
EU clears GE $1.6bn acquisition of Denmark’s LM Wind
The European Commission said on Monday it approved unconditionally the $1.65 billion acquisition of LM Wind Power of Denmark by General Electric Company of the US….