By Sinead Cruise and Tommy Reggiori Wilkes LONDON (Reuters) -European banks face an even tougher task to close an earnings gap on U.S. rivals, as Wall Street awaits a new era of financial deregulation under a second Donald Trump presidency. Lenders in the euro zone and Britain have been hobbled by poor profitability and weak …
Europe’s banks brace for tougher competition under Trump 2.0 Read More »
By Sherin Sunny (Reuters) – Australian poker machine giant Aristocrat Leisure has agreed to sell its Plarium mobile game developer for up to $820 million to Stockholm-listed Modern Times, as it shifts focus towards real-money gaming markets. The deal price consists of a fixed consideration of $620 million and a contingent consideration of up to …
Aristocrat sells ‘RAID: Shadow Legends’ developer for $820 million Read More »
FRANKFURT (Reuters) – Siemens Gamesa, the wind division of Siemens Energy, has won a turbine order worth more than 1 billion pounds ($1.3 billion) to supply the East Anglia TWO offshore wind farm of Iberdrola’s ScottishPower, the companies said. Siemens Gamesa will supply 64 of its flagship SG 14-236 DD offshore wind turbines to the …
Siemens Energy wins $1.3 billion ScottishPower wind turbine order Read More »
(Reuters) – Endeavor Group will sell its OpenBet and IMG Arena businesses to management-led group OB Global backed by Hollywood power broker Ari Emanuel for about $450 million, the sports and entertainment company said on Monday. The deal, which includes participation from OpenBet executives including CEO Jordan Levin, is a “necessary step” for the closing …
Endeavor to sell OpenBet, IMG Arena for about $450 million to management-led group Read More »
By Martin Coulter LISBON (Reuters) – Lisbon will this week play host to Europe’s biggest annual tech conference, Web Summit, where industry leaders and lawmakers will weigh the pros and cons of Donald Trump’s return to the White House. Senior executives from firms such as Apple, Microsoft, and Meta will join high-ranking officials from Europe …
Web Summit kicks off in Lisbon as tech leaders weigh Trump’s return Read More »
By Gabriel Araujo WASHINGTON (Reuters) – Saab has made an offer to Colombia for the proposed purchase of an undisclosed number of Gripen fighter jets and is looking at a potential deal for the sale of the jets to Peru, the CEO of the Swedish defense firm told Reuters on Monday. A Swedish public radio …
Saab proposes sale of Gripen fighter jets to Colombia, eyes Peru deal Read More »
LONDON (Reuters) – Spain’s former central bank governor, Pablo Hernandez de Cos, was picked on Monday to lead the Bank for International Settlements, the near century-old institution that brings together rate-setters from around the world. De Cos will replace Mexico’s Agustín Carstens as the BIS’s General Manager on July 1, 2025, for a five-year term. …
Spain’s former central bank chief to lead Bank for International Settlements Read More »
By Foo Yun Chee BRUSSELS (Reuters) – Synopsys on Monday sought European Union antitrust approval for its $35 billion cash-and-stock acquisition of engineering software maker Ansys, the chip design software company said. Synopsys announced the deal in January, the biggest in the technology sector since chipmaker Broadcom’s $69 billion buy of software maker VMware last …
Synopsys seeks EU antitrust approval for $35 billion Ansys buy Read More »
(Reuters) – Italian engineering group Maire plans to amend its increased voting rights mechanism in a move aimed at strengthening its shareholder base and rewarding long-term investors, it said on Monday. Italy introduced in March a law aimed at stemming relocations to the Netherlands, where corporate governance rules help established shareholders to keep a tight …
Italy’s Maire proposes more voting rights for long-term shareholders Read More »
By Ankika Biswas and Shashwat Chauhan (Reuters) -Europe’s main stock index logged its best day in six weeks on Monday, with defence stocks in the lead on prospects of higher military spending in Europe under a Donald Trump U.S. presidency, with investors also awaiting key economic data this week. The pan-European STOXX 600 closed 1.1% …
Europe’s STOXX 600 jumps on defence stocks prospects, data in focus Read More »
