Europe

French and Spanish authorities have arrested five members of a suspected Chinese money laundering network in Spain this week.

Lufthansa has won EU antitrust approval to buy 41% of ITA Airways for around $350 million...

Russia's central bank has advised businesses to explore alternative solutions, including cryptocurrencies and other digital assets, to facilitate payments with foreign partners...

Nurses in the UK express profound distress and heartbreak over hospital patients being left to die alone amidst shocking staff shortages, highlighting compromised care standards where survival is now ..

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Private equity firm TDR Capital will sell half of its entire stake in insurance company Phoenix Group for about GBP127 million. TDR will sell 18 million shares out of its total 35.9 million shares in

Cambridge-based anti-obesity drug developer Zafgen Inc bagged another USD45 million in a Series E funding round today, bringing its total funding to date to USD114 million.

Venture capital trust Time:Reboot VCT plans to raise around GBP20 million by the end of April 2014 to invest exclusively in firms run by UK military veterans.

Fondo Strategio Italiano, one of the bidders for a 20% stake in Versace, is willing to put in a bid valuing the Italian fashion house at EUR1.1 billion. Versace earlier said that it seeks a valuation

Switzerland's Credit Suisse is selling its private customers business to German Bethmann Bank. Under the deal, Bethmann will take over Credit Suisse's 9,000 clients with EUR10 billion assets in German

The private equity owner of Applus+ has picked Morgan Stanley and UBS to oversee a stock market listing of the Spanish industrial testing firm, a person familiar with the matter said.

Russian businessman Alexei Khotin could make a takeover offer for London-listed Exillon Energy Plc, a company controlled by Khotin said, setting the stage for a possible bidding war with the oil produ

European Union antitrust regulators have approved Microsoft's $7.3 bln acquisition of Nokia's mobile device business without conditions, the European Commission said on Wednesday.

Trufa, a real-time data analytics software that aids companies in improving its financial performance via operational expenses analysis, nabbed USD4.5 million in Series A funding in an investment roun

German medical supplies manufacturer Gerresheimer on Wednesday confirmed that it is no longer vying for UK-based Rexam's healthcare packaging unit. The company said the healthcare business did not ful

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Europe

Spain, France Arrest 5 Members of Chinese Money Laundering Gang That Smuggle Over 1 Million Euros a Day

Lufthansa Receives EU Approval to Acquire ITA Airways for $350 Million

Russia's Central Bank Encourages Businesses to Use Crypto to Evade Sanctions

UK: Nurses Express Heartbreak as Hospital Patients Die Alone Amid Staff Shortages

Toblerone Continues to Sweeten Russia's Shelves Despite US Maker Mondelez Halting Imports: Report

CDK Global Begins Restoring Systems After Cyberattack Disrupts Thousands of Car Dealerships

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