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European companies

  • Monday, 5 August, 2024
    L'Oreal SA
    L’Oréal gets back into injectables with Galderma deal

    French beauty group acquires 10% stake in newly listed dermatology company

    1 hour ago
    Galderma skincare products
  • Monday, 5 August, 2024
    Société Générale
    SocGen to sell UK and Swiss private bank units for €900mn

    French bank is slimming down under chief executive Slawomir Krupa

    1 hour ago
    A woman enters in a branch of the Societe Generale Bank, in Nantes, western France
  • Monday, 5 August, 2024
    Woodside Energy Group
    Woodside to buy OCI Global’s ‘blue’ ammonia project for $2.3bn

    Australian group’s quick second deal for US assets comes as Nassef Sawiris continues with OCI break-up plan

    2 hours ago
    Nassef Sawiris
  • Monday, 5 August, 2024
    Novo Nordisk AS
    Novo Nordisk spends record amounts on research to fend off weight-loss rivals

    Maker of Wegovy and Ozempic has 45,000 patients in clinical trials as it seeks to stave off threats from Eli Lilly and Roche

    A scientist holds a vial
  • Monday, 5 August, 2024
    InterviewThe CEO
    ‘Some people don’t want to challenge themselves’: Luis Gallego on leading IAG

    The aviation chief executive on driving change in the face of resistance at historic airlines

    Luis Gallego
  • Sunday, 4 August, 2024
    AXA Investment Managers SA
    Axa chief says proposed €5bn BNP deal could enable deal spree

    French insurer expects ‘significant’ M&A firepower from offloading asset manager

    Axa chief Thomas Buberl
  • Saturday, 3 August, 2024
    Bolt
    Bolt promises benefits to gig workers ahead of court battle with union

    European ride-hailing group offers drivers holiday pay and minimum wage but says they are independent contractors 

    Mobile phone displaying Bolt logo being held up in front of a street
  • Friday, 2 August, 2024
    Iberdrola SA
    Spain’s Iberdrola buys UK’s Electricity North West for €5bn

    Britain becomes largest market for Madrid-based group, which already owns Scottish Power

    A sign with Iberdrola’s logo outside an electrical substation in Spain
  • Thursday, 1 August, 2024
    BNP Paribas SA
    BNP Paribas in talks to buy Axa’s asset management arm for €5.1bn

    French bank seeks greater scale for its investment business

    Jean-Laurent Bonnafé
  • Thursday, 1 August, 2024
    War in Ukraine
    Brussels tells Hungary and Slovakia to wean themselves off Russian oil

    European Commission rejects complaints that Ukrainian sanctions on Lukoil threaten security of supply

    Slovakian Prime Minister Robert Fico, left, and his Hungarian counterpart Viktor Orbán
  • Thursday, 1 August, 2024
    International Airlines Group
    BA owner IAG restores dividend for first time since pandemic after beating forecasts

    Airline group abandons efforts to buy Spain’s Air Europa over EU competition concerns

    British Airways aircraft at Heathrow Terminal 5 in London, England
  • Thursday, 1 August, 2024
    AP Møller-Maersk AS
    Maersk raises guidance for the third time since May on the back of Red Sea disruption

    Container shipping group forecasts higher profits for third time since May

    Containers on Maersk ship
  • Thursday, 1 August, 2024
    Automobiles
    VW and BMW chiefs warn on EU’s China EV tariffs amid falling profits

    German carmakers say the threat of a trade war between Europe and Beijing is looming

    VW CEO Oliver Blume and other executives on stage with a VW car during a launch event
  • Thursday, 1 August, 2024
    Shell PLC
    Europe’s energy crisis is over, signals Shell boss

    Gas, crude and power prices have dropped back and stabilised to levels before Ukraine war, notes Wael Sawan

    Shell signage at a petrol station
  • Thursday, 1 August, 2024
    Société Générale
    SocGen retail bank gloom overshadows equities trading bonanza

    Lender downgrades outlook for French retail bank even as investment bank helps deliver profit beat

    Société Générale chief executive Slawomir Krupa
  • Thursday, 1 August, 2024
    Gunvor Group Ltd
    Gunvor steps up biofuel bet as it uses record profits to diversify

    Commodity trader buys half of Varo Energy’s $600mn Dutch project

    The Varo refinery in Cressier, Switzerland
  • Wednesday, 31 July, 2024
    Education
    Spanish business school to start awarding US degrees

    IE gains licence to offer a masters in business sustainability in New York

    Manhattan skyline
  • Tuesday, 30 July, 2024
    Airbus SE
    Airbus profits more than halve on extra charges in space business

    Results come as aerospace group held exploratory talks with Thales about merging some of their space activities

    An Airbus A321 jet taking off
  • Tuesday, 30 July, 2024
    L'Oreal SA
    L’Oréal sales hit by China slowdown

    World’s biggest beauty group says conditions in Asian country remain ‘challenging’

    A L’Oréal advert on the side of a double-decker bus in London
  • Tuesday, 30 July, 2024
    Prada SpA
    Prada defies luxury slowdown with surging Miu Miu and Japan sales

    Italian group reports double-digit revenue growth despite pressure elsewhere in industry

    Miu Miu shop in Madrid, Spain
  • Tuesday, 30 July, 2024
    Raiffeisen Bank International AG
    Raiffeisen warns over capital hit from attempted Russia exit

    Austrian lender generated more than half of its profits in Russia and Belarus in the first six months of the year

    Workers use a crane to dismantle a signboard advertising Raiffeisen Bank from a building in Moscow
  • Tuesday, 30 July, 2024
    Corporate bonds
    Debt collector Intrum’s loan restructuring under fire from bondholders

    Holders of bonds maturing next year aggrieved that proposal ‘does not respect temporal priority’

    An Intrum sign on an office building
  • Monday, 29 July, 2024
    Vitol Group
    Vitol’s senior employees paid a record $6.4bn last year

    Remuneration highlights how commodity traders enjoyed a boom after Russia’s full-scale invasion of Ukraine

    A tanker moored in a gas and oil dock at the Port of Constanta in Constanta, Romania
  • Monday, 29 July, 2024
    Heineken NV
    Heineken blames weather after beer sales disappoint

    World’s second-largest brewer pushed into net loss following writedown of stake in Chinese group

    Cans of Heineken beer
  • Monday, 29 July, 2024
    News in-depthCarlyle Group LP
    The Carlyle outpost still investing in oil and gas

    US buyout group’s London-based energy division combines counterintuitive strategy with commitment to cut emissions

    The Varo refinery is seen in Cressier, Switzerland
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