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(Reuters) – The pan-European exchange group Euronext on Thursday agreed to acquire Admincontrol from Norwegian IT consulting firm Visma for 4.65 billion Norwegian crowns ($436.03 million), the company said on Thursday. The acquisition of the Norwegian web service provider falls in line with Euronext’s strategic plan to improve its Software as a Service (SaaS) products …

Euronext to buy Norwegian web service provider Admincontrol for $436 million Read More »

(Reuters) – Spanish telecom company Telefonica agreed to sell its stake in its Colombian unit to Millicom for $400 million, as part of a strategy to gradually reduce its exposure to Latin America, it said on Wednesday evening. The Spanish unit of Luxembourg-headquartered telecom Millicom will buy the 67.5% stake in the Colombian unit of …

Telefonica sells its Colombian unit to Millicom for $400 million Read More »

FRANKFURT (Reuters) – Europe was right to respond to U.S. tariffs but a trade war is a negative for all sides involved and could push Germany, the bloc’s biggest economy, into recession this year, Bundesbank President Joachim Nagel told the BBC. “We are in a world with tariffs, so we could expect maybe a recession …

Germany could suffer recession on U.S. tariffs, Bundesbank chief says Read More »

MOSCOW (Reuters) – Russian mid-sized oil producer Tatneft on Thursday posted a 6.3% rise in 2024 full-year net income to 306.14 billion roubles ($3.52 billion) on higher sales. Its 2024 revenue rose 28% to 2 trillion roubles, it said. ($1 = 86.8500 roubles) (Reporting by Vladimir Soldatkin; Editing by Tomasz Janowski)

FRANKFURT (Reuters) – Deutsche Bank said on Thursday that it was still aiming for 35% of its managing director, director and vice president roles to be filled by women by the end of 2025. Women made up 33% of those roles in 2024, up from 32.3% in 2023, the bank said. (Reporting by Tom Sims …

Deutsche Bank cites progress on women in management roles Read More »

GDANSK (Reuters) – BNP Paribas BP, the Polish unit of lender BNP Paribas, posted a higher-than-expected jump in its full-year net profit on Thursday, supported by excess banking sector liquidity and persistently high interest rates. WHY IT’S IMPORTANT The lender is part of the international banking group BNP Paribas. BNP Paribas BP, along with its …

BNP Paribas BP’s reports 132% surge in full-year net profit Read More »

A look at the day ahead in European and global markets from Kevin Buckland Wall Street’s mild bounce on the back of a tame CPI reading did not provide much impetus for Asian markets, leaving European investors with little cause for optimism. One problem is that the inflation data, while offering some relief from the …

Morning Bid: Tariff worries weigh as CPI cheer fades Read More »

LONDON (Reuters) – Britain’s housing market had its slowest month in more than a year in February as a rush by buyers to close deals ahead of the expiry of a tax break ran out of steam, a survey published on Thursday showed. The Royal Institution of Chartered Surveyors said buyer demand was the weakest …

UK housing market has weakest month since late 2023, RICS survey shows Read More »