Europe

Ryanair Reports 34% Increase in Net Profit

Irish low-cost carrier Ryanair said that their net profit rose to $2.09 billion or 34%, making it its best-ever financial performance.


Tesla Offers Unofficial Discounts to European Leasing Companies Amid Price Cut Fallout

Tesla is making efforts to address concerns raised by European leasing companies due to multiple retail price cuts and delays in service...

UK to Put Up Office in San Francisco to Address AI Risks

The UK is intensifying its efforts to assess and address AI risks by opening a new office in San Francisco...

Slovak Media Fears Government Crackdown After PM Assassination Attempt

Slovak journalists are concerned that the assassination attempt on Prime Minister Robert Fico would result in a renewed push for a proposal replacing the country’s public broadcaster RTVS...


Latest News

JPMorgan hires banker from Deutsche Bank to head EMEA chemicals: memo
JPMorgan (JPM.N) has hired Arkadi Nachimowski from Deutsche Bank (DBKGn.DE) to head its chemicals team in Europe, the Middle East and Africa (EMEA), according to a memo seen by Reuters on Wednesday.
Fortum says talks with Russian firms over Fennovoima stall
Finnish utility Fortum (FUM1V.HE) said on Wednesday it has failed so far to reach a deal with Russia's Gazprom (GAZP.MM) and Rosatom on assets swap in Russia to allow it to take stakes in Fennovoima n
Charterhouse eyes possible $1.1 billion sale of UK medical company Tunstall
British private equity firm Charterhouse [CHCAP.UL] is working with JP Morgan (JPM.N) on options for healthcare company Tunstall, in a deal which could value the company at up to 700 million pounds ($
Resistance to Greek drama hints at euro's strength
As the big global banks and investment houses see it, almost every outcome of Greece's stand-off with its creditors leads to a weaker euro. So why isn't the single currency falling?
Oil rises after EU welcomes new proposals from Greece
Oil prices rose above $63 a barrel on Monday in response to new proposals from Greece that the European Union welcomed as a basis for progress at talks to try to stave off a default that could cause t
German business leaders warn Merkel not to go soft on Greece
German business leaders urged Chancellor Angela Merkel to take a tough line with Greece at an emergency summit of euro zone leaders later on Monday, saying only reform concessions from Athens could ke
Greek shares up 6.8 percent on hopes of deal
Greek shares .ATG rose 6.8 percent in morning trade on Monday on hopes that Greece was closer to reaching a deal with its international lenders.
CVC and Temasek to buy $2 billion generic drugs firm Alvogen
European private equity fund CVC and Singaporean sovereign wealth fund Temasek [TEM.UL] are to buy a controlling stake in the pharmaceutical firm Alvogen, its chairman and chief executive said.
Russia's Rosneft says may buy 30 percent of ChemChina subsidiary
Russia's top oil producer Rosneft has signed a memorandum that paves the way for purchasing 30 percent of China National Chemical Corp's [CNNCC.UL], a subsidiary of ChemChina Petrochemical (CCPC), the
Greek drama nears final act, ending uncertain
Euro zone leaders will attend an emergency summit on Monday, hoping to thrash out a plan with Athens to provide Greece with additional funds to prevent it defaulting on its debt -- but only if both si
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