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Business

UK insurers Aviva and Direct Line agree on sweetened takeover bid

The UK insurance firm Aviva has improved on an earlier deal rejected by its smaller competitor Direct Line.

Business

Pershing Square Holdings to delist from Amsterdam after football riots

The hedge fund's decision to delist from Euronext Amsterdam and use the LSE alone comes after star trader Bill Ackman on X last month advocated delisting on moral, as well as financial, grounds following the antisemitic violence against Israeli football supporters at a match in Amsterdam.

Economy

Where to invest right now? Here's what the financial experts think

Euronews Business spoke to a number of financial and investment experts to find out what assets to invest in, how to invest in them and what the outlook may be.

Markets

Samsung shares jump after share buyback announcement

The prospect of a buyback worth trillions of South Korean won has cheered investors after a disappointing year.

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Business

The Trump effect - how his election victory buoyed his media business

As Donald Trump heads back to the White House his media company Trump Media & Technology Group (TMTG) posted heavy losses. Despite this, shares in the company have soared, increasing the wealth of the President-Elect.

Business

BNP Paribas records boost in net income on strong corporate banking

French banking giant BNP Paribas has announced its third quarter 2024 earnings, posting a higher net income as its corporate and institutional banking department continues to experience robust performance.

Business

Swiss banking giant UBS beats forecasts with leap in profits

High profit and progress on the integrations of collapsed competitor Credit Suisse were the key takeaways of the bank’s quarterly report.

Business

Boeing seeks to raise billions from share sale to bolster finances

The aeroplane manufacturer is hoping to avoid a credit rating downgrade by launching a major stock offering.

Business

Barclays reports strong earnings on robust investment bank revenue

Barclays shares surged to a nine-year high on the NYSE following strong third-quarter earnings, primarily driven by growth in its investment bank. CEO Venkatakrishnan expressed confidence in meeting the three-year targets set earlier this year.

Business

Deutsche Bank ordered to pay out over Postbank takeover

The higher court in Cologne has ordered Deutsche Bank to pay further compensation to Postbank investors who claimed that the bank underpaid them when it took over the German retail bank in 2010.

Business

Paddington producer hoping for tasty result with listing on LSE

The producer of the Paddington Bear franchise Canal+, the pay-TV broadcaster owned by French media company Vivendi, is planning to list on the London Stock Exchange.

Business

Doliprane-maker Sanofi confirms exclusive talks with US firm CD&R

The American private equity firm has agreed to French government demands about protecting jobs and investment in France.

Business

US private equity firm set to win Sanofi's consumer health division

The proposed offer from Clayton, Dubilier & Rice (CD&R) would mean the sale of a 50% stake in Opella, which makes over-the-counter medicine such as Doliprane and Allegra.

Tech News

X now worth only 25% of what Elon Musk paid for it

A disclosure from an investment company with equity in the company indicates that X's value has significantly declined since 2022.

Economy

Greece kicks off sale of stake in National Bank for as much as €727m

The move marks the end of the privatisation of Greek lenders after debt crisis bailouts.

Business

Rolls-Royce engine issue forces Cathay Pacific to ground some aircraft

The airline industry has already seen some turbulence this year, following Boeing's 737-Max jet seeing a mid-air door panel blowout on an Alaska Airlines flight earlier in January.

Markets

Weekly markets recap: European stocks rise as Dax hits a fresh high

The European stock markets maintained their upward trajectory as cooling inflation bolstered hopes for more significant rate cuts by the European Central Bank. The DAX reached a fresh high following Germany’s unexpected drop in consumer prices for August.

Business

Turkish firm buys company formerly owned by fallen business tycoon

Sabanci Holdings has bought a majority stake in Mannok, once the prized firm of Seán Quinn - and since a victim of several attacks and sabotage attempts.

Business

Burberry set for relegation from FTSE100 along with EasyJet

Burberry has been facing challenges such as changes in strategy and recently suspended its dividend. EasyJet has been dealing with the fallout of price wars because of last-minute bookings by passengers.

Business

Deutsche Bank settles 60% of claims in long-running legal dispute

The German lender has been dealing with disgruntled shareholders since its acquisition of Postbank fourteen years ago. Now, it claims to have made "significant progress".