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PARIS (Reuters) -A cryptocurrency investment fraud ring that investigators said laundered 460 million euros ($540 million) using a worldwide network of accomplices has been dismantled in Spain, European police body Europol said on Monday. Europol said Spanish police led the operation against the criminal network, and that law enforcement agencies from France, Estonia and the …

Cryptocurrency fraud ring busted in Spain after laundering $540 million, Europol says Read More »

PARIS (Reuters) -French cosmetics giant L’Oreal said on Monday it had signed an agreement to acquire haircare brand Color Wow, as it seeks to tap rapid growth in premium hair products. Haircare was the second fastest-growing category at L’Oreal last year after fragrances, driven by new launches for specific hair types and conditions. The company …

L’Oreal to acquire haircare brand Color Wow Read More »

By Benoit Van Overstraeten AMSTERDAM (Reuters) -The Netherlands will announce in September whether it will sell a minority stake in the German arm of power grid operator TenneT or pursue a partial IPO, the government said on Monday, in what could be one of Europe’s biggest deals in 2025. The Dutch government embarked on a …

Dutch to decide in September on partial sale of TenneT’s German operations Read More »

(Refiles to add ‘more than’ in headline) (Reuters) -The blue-chip FTSE 100 ended lower on Monday as a relief rally driven by easing geopolitical tensions and U.S. tariff concerns fizzled out, while UK’s midcap index logged its largest quarterly gain in nearly five years. The internationally-focused FTSE 100 lost 0.4%, while notching its second consecutive …

UK’s midcaps record best quarter in more than four years, blue-chip index down Read More »

By Philip Blenkinsop BRUSSELS (Reuters) -The European Union and Ukraine have reached an initial deal to revise their free trade agreement and determine future agricultural exports from Ukraine to the bloc, the European Commission said on Monday. The EU temporarily waived duties and quotas on Ukrainian farm products in June 2022 in the wake of …

EU agrees deal on food trade with Ukraine Read More »

By Foo Yun Chee and Philip Blenkinsop BRUSSELS (Reuters) -The European Union’s trade chief will hold negotiations this week in Washington to avert higher U.S. tariffs just days before a July 9 deadline, saying he wanted a fair deal as the EU executive dismissed any forced changes to EU tech rules. European Trade Commissioner Maros …

EU trade chief bound for US, seeking deal fair for both sides Read More »

By Sara Rossi and Elvira Pollina MILAN (Reuters) -One of the giant Generali signs that crown the Italian insurer’s head offices in Milan collapsed on Monday, remaining atop the 170 metre-high (558 ft) skyscraper but at risk of crashing to the ground, firefighters said. Generali, Italy’s biggest insurer, said there were no injuries, adding that …

‘Generali’ sign atop insurer’s skyscraper offices collapses in Milan Read More »

By Sabrina Valle, Milana Vinn and Kane Wu NEW YORK (Reuters) -Mergers and acquisitions during the first half of this year were not what investment bankers had hoped for, but a burst of big deals in Asia and renewed optimism in U.S. markets could be paving the way for megadeals. Market uncertainties stemming from U.S. …

Larger deals power global M&A in H1, bankers signal appetite for megadeals Read More »