Signa, the retail and real estate conglomerate, became bankrupt on Wednesday following the failure of desperate attempts to obtain new capital, becoming the largest victim
Category: Europe
ECB cautions lenders over subpar IT outsourcing and loss of millions of euros.
The European Central Bank said on Wednesday that banks in the eurozone are losing millions of euros as a result of tech contractors failing them,
Greece continues divestment of lenders with the sale of 20% of National Bank shares.
As part of its efforts to distance itself from the nation’s lenders, Greece on Monday revealed plans to sell a 20% share in the National
Coca-Cola withdraws products in Croatia after several suffered chemical injuries while drinking bottled beverages.
On Wednesday, Croatian authorities advised the public to limit their water intake to tap water while they looked into many reports of people being ill
Dismal Italy’s fiscal prospects degraded equities to trading at a 50% discount of global peers.
As investors worry about the fiscal prospects in one of Europe’s most indebted nations, Italian stocks are selling at their lowest discount to global shares
Tesla plans to mass produce EVs at a German factory for 25,000 euros.
The electric vehicle manufacturer Tesla, which hopes to see widespread adoption of its vehicles, is set to construct a 25,000-euro ($26,838) automobile at its facility
Italy’s treasury appoints UBS, Jefferies, and Clifford Chance as financial and legal advisers for MPS privatization.
The privatization of the bailed-out bank Monte dei Paschi di Siena (MPS), according to the Italian treasury will be handled by UBS, Jefferies, and Clifford
Italy in a birth crisis of 1.24 per woman approves $25b to boost birth rate and household income.
The budget for the upcoming year which aims to improve public health services, encourage families to have more children, and put more money in the
Big Tobacco turns to nicotine-infused rooibos tea to evade the impending EU ban on tobacco.
In order to circumvent an impending European Union prohibition on flavor-infused heated tobacco products, major tobacco companies, including British American Tobacco, are marketing heat sticks
EU may decouple from China as trade deficit tops $170b.
The top foreign policy official for the European Union cautioned on Friday that if the region’s trade deficit with China is not reduced, public opinion
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