German tyre and car parts maker Continental AG (CONG.DE) is looking for an acquisition in the industrial sector, possibly in Asia, and could spend up to 2 billion euros ($2.54 billion), its finance chief told a German newspaper.
Europe
Woodbridge International Opens Office in France
Woodbridge International, a global mergers and acquisitions firm specializing in middle-market companies, is pleased to welcome Sophie Sauvage as the firm's new Senior M&A Advisor heading up Woodbridge's office in Lyons, France.
Russia's TMK sees higher rouble borrowing costs as sanctions bite
Russia's largest steel pipe maker TMK (TRMK.MM) is considering an initial public offering for its U.S. unit to help offset an expected 1-2 percentage point rise in rouble borrowing costs over the next few years as Western sanctions bite.
EU provisionally clears French, Italian budgets after tweaks
The European Commission provisionally accepted the budgets of France and Italy, saying on Tuesday that no euro zone states had submitted deficit plans for next year that seriously breached EU rules for fiscal stability.
Around 100,000 Hungarians rally for democracy as internet tax hits nerve
About 100,000 Hungarians rallied on Tuesday night to protest at a planned tax on data traffic and the broader course of Prime Minister Viktor Orban's government they saw as undermining democracy and relations with European Union peers.
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Swedish aerospace firm Saab (SAABb.ST) has finalised a $5.4 billion order to sell 36 fighter jets to Brazil, one of the most valuable defense contracts up for grabs in an emerging market.
Labor union Verdi has called on workers at online retailer Amazon (AMZN.O) to go on strike at five locations across Germany, as a row over pay and conditions continues.
Investors were spared immediate pain on Sunday after the European Central Bank's landmark banking health check did not force massive capital hikes amongst the euro zone's top lenders.
Spanish cement company Cementos Portland Valderrivas majority owned by FCC, has approached Blackstone over the refinancing of 345 million euros ($436.36 million) of debt, a source close to the matter said on Friday.
Two credit rating agencies have reduced Tesco's rating to the cusp of investment grade after a horrible set of first half numbers on Thursday.
British holidays and airline company Monarch has been acquired by investment firm Greybull Capital which will pump 125 million pounds ($201 million) into the company as it turns itself into a budget airline.
After putting the euro zone's top 130 banks through their paces, the European Central Bank will face a test of its own on Sunday - will its landmark health check succeed in convincing investors the region's lenders are safe?
A proposal to prohibit the Swiss National Bank from selling any of its gold reserves has the support of 44 percent of the public, a closely watched survey showed on Friday, though that result falls short of the backing it needs to pass into law.
The French-German consortium Areva-Siemens (AREVA.PA)(SIEGn.DE), the supplier of Finland's much-delayed Olkiluoto-3 nuclear reactor, has increased its claim against Finnish utility Teollisuuden Voima (TVO), TVO said late on Friday.
