By Francesca Landini MILAN (Reuters) – Five suitors have submitted non-binding bids for a minority stake in the carbon capture and storage (CCS) business of Italian energy group Eni, two source said. The sources said the offers were filed last week by three financial investors – Global Infrastructure Partners (GIP), HitecVision, Macquarie – and two …
Five suitors vying for Eni’s carbon capture business, sources say Read More »
MOSCOW/BEIRUT (Reuters) – Russia shipped a diesel cargo to Syria onboard a tanker under U.S. sanctions, the first known such direct supply to the Middle Eastern country in more than a decade, LSEG data showed. The final destination of the cargo is unclear. Russia has two main military installations in Syria: an air base in …
Exclusive-Russia ships diesel to Syria on tanker under U.S. sanctions, data shows Read More »
By Valentina Za and Andrea Mandala MILAN (Reuters) – The raft of takeover attempts rocking Italy’s financial sector will be put to a market test in the coming months, when investors in the target companies will be deciding whether to tender their shares. After receiving a green light from the Bank of Italy on Wednesday, …
By Francesco Canepa and Lefteris Papadimas FRANKFURT/ATHENS (Reuters) – The European Central Bank’s payments crash last week meant salaries and welfare funds were delayed for thousands of people. It could have been much worse. If the same disruption had struck, or persisted into, the following day – the end of the month, and payday for …
Exclusive-How ECB dodged a payment disaster in 10 hours of tech meltdown Read More »
By Johan Ahlander STOCKHOLM (Reuters) – Europe’s defence sector has the capacity to meet rising demand for military equipment as EU member states scramble to boost defences, the CEO of Swedish defence company SAAB said on Thursday, but contract talks needed to be sped up. Europe is racing to boost military spending in a “sea …
European defence firms can step up to meet rising EU demand, says SAAB CEO Read More »
BRUSSELS (Reuters) – EU antitrust regulators will decide whether to clear Danish logistics company DSV’s 14.3 billion euro ($15.43 billion) acquisition of German rival Schenker by April 8, according to a filing on the European Commission website. DSV announced the deal for the logistics arm of German state rail operator Deutsche Bahn in September last …
EU regulators to decide on $15.4 billion DSV, Schenker deal by April 8 Read More »
(Reuters) -State-owned Abu Dhabi National Oil Co, or ADNOC, has been pursuing a series of merger and acquisition deals with European companies, with an aim to diversify and develop its chemicals and renewable energy operations. Here are the deals and talks ADNOC is involved in: COVESTRO ADNOC said on Oct. 1 it had agreed to …
By John Revill ZURICH (Reuters) -Plumbing materials supplier Geberit on Thursday said global geopolitical and economic risks had increased this year but looked forward to improving sentiment in Germany, driven by the country’s 500 billion euro ($539.65 billion) infrastructure fund. Europe is facing subdued economic growth prospects while U.S. tariffs could hit its economy and …
Plumbing supplier Geberit sees sentiment boost from German infrastructure fund Read More »
(Reuters) – European prosecutors have charged dozens of Greek stockbreeders who received EU financial aid with making false declarations of ownership or leasing of pastureland. The overall damage to the EU budget is estimated at 2.9 million euros, the European Public Prosecutor’s Office said in a statement. The majority of the 100 suspects, it said, …
EU charges dozens of Greek livestock farmers with fraud Read More »
By Yoruk Bahceli LONDON (Reuters) – A defence spending surge could boost Europe’s sluggish economy as long as it provides a springboard for a broader industrial revival and if governments convince the sector that the funding is there for the long haul. Amid growing concerns the continent can no longer rely on U.S. protection, European …
Analysis-Defence surge could help jumpstart Europe’s flat economy Read More »
