Jul 06, 2024 Last Updated 02:06 AM EDT

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Europe

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

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

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

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

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

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 ..

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

Toblerone chocolates have continued to be available on the shelves in Russia despite Mondelez International's efforts to halt imports...

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

More than a week after cyberattacks forced CDK Global to shut down its...

EU Antitrust Regulators to Scrutinize Microsoft’s $13B OpenAI Investment Over Cloud Exclusivity

The European Union's antitrust regulators are set to scrutinize Micros...

Latest News

India's Future Group in talks to buy supermarket chain from Actis Capital
The Future Group was reportedly negotiating a takeover of the Bangalore-based supermarket chain Nilgiris. British private equity firm Actis Capital bought Nilgiris for USD65 million and currently owns
Deutsche Telekom to sell Scout24 to Hellman & Friedman for EUR2 billion
Deutsche Telekom is nearing an agreement to sell 70% of its stake in German online-classifieds business Scout24 holding. It will be sold to private equity firm Hellman & Friedman in a deal that would
21 Partners buys Synerlab from Ardian
European private equity group 21 Partners agreed to purchase French pharmaceutical manufacturing company Synerlab from premium independent private investment firm Ardian for an undisclosed amount.
Top deals of the day - Bids, Mergers and Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Tuesday including Nokia, IntercontinentalExchange Group, Goldman Sachs and others.
Mergers and takeovers in EU
The following are mergers under review by the European Commission and a brief guide to the EU merger process
People Moves: Aviva, Blackstone, Barclays, Hiscox, Hartford Funds
The following financial services industry appointments were announced on Tuesday including Barclays, Hiscox, Hartford Funds and Aon Risk Solutions
Spain to take formal offers for nationalized bank Novagalicia Banco
Spain will take formal offers from potential buyers for Spain's nationalized lender Novagalicia Banco from Tuesday.
TCAS Online closes EUR650,000 in venture capital round
TCAS Online, a student accommodation management systems provider based out of Dublin, Ireland, received EUR650,000 in fresh funding from private investors including Kernel Capital Partners.
Atomico announces USD476 million fund for later-stage startup investments
Atomico's Fund III was intended to provide financial support to startups who are raising money via later-stage funding rounds to aid them in scaling their businesses.
Bashneft to go public fall of next year - report
A most notable reason of Russian oil company Bashneft planned to launch an initial public offering was to avoid the chances of a hostile takeover by a potential investor, said one investment firm anal

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Carlos Slim Invests $1.2 Billion to Establish Gulf of Mexico Gas Field

Carlos Slim Invests $1.2 Billion to Establish Gulf of Mexico Gas Field

2

Tesla Spends Millions in Advertising Despite Elon Musk Hating It, But Why?

Tesla’s Strong Deliveries Report Strikes Serious Blow to Short Sellers, Resulting in $3.5 Billion Loss

3

Baltimore Business Offers to Sell Watches Using Pieces of Collapsed Bridge

Baltimore Business Offers to Sell Watches Using Pieces of Collapsed Bridge

4

HONG KONG-THEME-WEALTH

Dior and Armani Accused of Exploiting Migrant Workers With $2/Hour Wage for High-End Handbags

5

JAPAN-ECONOMY-AVIATION-JAL-RESULTS

Japan Airlines Report Surge in Customer Harassment; Tough New Rules To Be Implemented
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