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Israel in deal to sell air defence system to Slovakia for $582 million
Finance
Portugal's property deals hit record, adding to shortage of affordable homes
Business
Volkswagen shares fall as markets struggles to digest unions deal
Finance
Luigi Mangione pleads not guilty to murder of health insurance CEO
Italy demands full disclosure from UniCredit over BPM bid, sources say
Date: December 23, 2024
By Giuseppe Fonte and Valentina Za ROME (Reuters) - Italy wants UniCredit to disclose full terms of its proposed takeover of smaller rival Banco BPM under "golden power" rules EU governments can use...
Exclusive-EU antitrust regulators set to approve Synopsys' $35 billion Ansys acquisition, sources say
Date: December 23, 2024
BRUSSELS (Reuters) - EU antitrust regulators are set to approve U.S. chip design software company Synopsys' $35 billion acquisition of the chip design software company Ansys based on the former's...
Factbox-What does Len Blavatnik's streaming platform DAZN do?
Date: December 23, 2024
(Reuters) - Sports streaming platform DAZN has agreed to buy News Corp's Australian cable TV unit Foxtel for A$3.4 billion ($2 billion) including debt. Here are some details about the company and its...
Factbox-Europe’s embattled auto sector plans plant closures and layoffs
Date: December 23, 2024
(Reuters) -Automotive companies across Europe have announced plant closures and big layoffs as they struggle with weak demand, high costs, competition from China and a slower-than-expected transition to electric vehicles. Below are layoffs and site closures announced in recent months, beginning with the latest: VOLKSWAGEN Europe’s top carmaker Volkswagen agreed a deal with unions on...
Honda, Nissan aim to merge by 2026 in historic pivot
Date: December 23, 2024
By Kantaro Komiya TOKYO (Reuters) – Honda and Nissan are in talks to merge by 2026, they said on Monday, a historic pivot for Japan’s auto industry that underlines the threat Chinese EV makers now pose to the world’s long-dominant legacy car makers. The tie-up would create the world’s third-largest auto group by vehicle sales...
Polish e-commerce Allegro's unit sues Alphabet for $568 million
Date: December 23, 2024
GDANSK (Reuters) - A subsidiary of Polish e-commerce platform Allegro on Monday filed a lawsuit against Google-owner Alphabet, Google Ireland, and Google LLC, seeking 2.33 billion zlotys ($568 million...