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European companies

  • Friday, 11 October, 2024
    Due Diligence
    The epic Pfizer pfat pfinger Premium content

    Plus, the senior bankers at the centre of HSBC’s plans to cut costs and 7-Eleven’s latest tactic to fend of a $47bn hostile takeover

    new
    A montage of Ian Read and Albert Bourla with the logo of Pfizer in the background
  • Friday, 11 October, 2024
    Gucci Group
    Stefano Cantino, luxury veteran drafted in to revive Gucci

    Former Vuitton and Prada executive must execute biggest and most complex turnaround in a sector hitting harder times

    new
    Stefano Cantino arrives at a fashion show in Paris last month
  • Thursday, 10 October, 2024
    Stellantis
    Stellantis unveils management shake-up at global car brands

    Chief executive Carlos Tavares seeks to turn fortunes around amid falling profits, production issues and fights over EVs

    Carlos Tavares, left, at a Peugeot plant in France
  • Thursday, 10 October, 2024
    Sanofi SA
    CD&R beats rivals in pursuit of €15.5bn Sanofi consumer health unit

    US private equity group nears deal for pharma spin-off after edging out PAI-led consortium

    Sanofi logo
  • Thursday, 10 October, 2024
    Fintech
    Former UBS chief Ralph Hamers joins AI wealth management start-up

    Dutchman to become external senior adviser to Arta Finance, venture founded by former Google employees

    Ralph Hamers
  • Thursday, 10 October, 2024
    UnhedgedRobert Armstrong
    Is there an obesity drug bubble? Premium content

    A big market narrative with an eerie absence of sceptics

    Injection pens of Novo Nordisk’s weight-loss drug Wegovy
  • Thursday, 10 October, 2024
    Ikea
    Ikea posts first drop in revenue since 2020 after cutting prices

    Flat-pack furniture retailer returns to policy of lowering furniture costs after pandemic-era increases

    Shoppers outside an Ikea store in Tokyo, Japan
  • Thursday, 10 October, 2024
    Unilever PLC
    Unilever sells Russian business for €520mn

    Local manufacturer Arnest had previously snapped up Russian assets of Heineken

    A large Unilever sign on the exterior of a building
  • Wednesday, 9 October, 2024
    Football
    Bernard Arnault partners with Red Bull to buy Paris FC in latest move into sport

    Alliance comes a week after LVMH clinched a 10-year deal with Formula One

    Julien Lopez of Paris FC is in action during the Ligue 2 match against Guingamp at Stade Charlety. He is kicking the ball while a Guingamp player in a white jersey attempts to block him on the field.
  • Wednesday, 9 October, 2024
    Boeing Co
    Boeing strike woes ripple through aerospace supply chain

    US plane maker’s withdrawal of pay offer threatens to compound industry problems

    Workers picket outside a Boeing facility in Everett, Washington
  • Wednesday, 9 October, 2024
    Behind the Money podcast19 min listen
    Could Italy’s UniCredit reignite European banking?

    Italy’s UniCredit pursues a stake in Germany’s Commerzbank

  • Wednesday, 9 October, 2024
    Inside BusinessRichard Milne
    Costs of the green transition loom large for European companies

    Business leaders say Europe’s policymakers are ill prepared for just how expensive the shift is likely to be

    Workers walk at the snow-covered site of the Northvolt Ett factory in Skelleftea, north Sweden
  • Wednesday, 9 October, 2024
    Carlos Torres Vila
    It’s a good thing that European dealmaking is back on the table

    The pressing risk no longer is that banks are ‘too big to fail’ but ‘too small to deliver’

    Façade of the ‘La Vela’ building, in BBVA’s city,  in Madrid
  • Wednesday, 9 October, 2024
    Commerzbank AG
    A Commerzbank takeover? Some Mittelstand executives say why not

    In contrast to Berlin’s stiff opposition, many family-owned businesses are pragmatic about a bid by UniCredit

    Montage of a solar panel farm in Germany, general view of Berlin, €10 note being helf, and an agricultural worker moving boxes on a truck, with the Commerzbank logo in the centre
  • Tuesday, 8 October, 2024
    IPOs
    Europastry’s ‘frozen croissant’ IPO delayed a second time

    Gallés family withdraws flotation after bankers say prospective €1.5bn valuation was thought to be too high by some investors

    The cereal research centre at Europastry’s laboratory in Sant Joan Despi, Spain
  • Tuesday, 8 October, 2024
    Gucci Group
    Kering appoints former Louis Vuitton executive as Gucci chief

    Stefano Cantino tasked with boosting luxury brand amid faltering performance

    Stefano Cantino
  • Tuesday, 8 October, 2024
    EU-China relations
    China targets EU brandy imports with anti-dumping penalties

    Trade retaliation comes after bloc voted to approve steep tariff increases on Chinese electric cars

    Frederic Barbot, a producer of Cognac, smells a barrel of ageing cognac at Domaine Marcadier-Barbot in Segonzac, south-western France
  • Tuesday, 8 October, 2024
    Northvolt AB
    Northvolt subsidiary files for bankruptcy

    Move is part of lossmaking company’s attempt to stave off financial collapse

    Northvolt’s logo on a sign outside the company’s Västerås plant in Sweden
  • Monday, 7 October, 2024
    Utilities
    Water demand will soar because of wars and tech, says utility boss

    Cox chief expects needs to rise at 10-15% rate a year as company seeks to raise €300mn on Madrid Stock Exchange

    Water desalination plant in Ras al-Khair, Saudi Arabia
  • Monday, 7 October, 2024
    Utilities
    Tennet taps bankers for potential €20bn German power grid IPO

    Dutch government explores listing or sale of German unit after failed sale to Berlin

    The land station of Tennet at de Maasvlakte
  • Monday, 7 October, 2024
    LexInternational Airlines Group
    British Airways owner cannot cruise above punctuality problems forever

    Speedier delivery will be needed to ensure customer reviews start to reflect IAG’s investor experience

    A British Airways aircraft comes in to land at London City Airport
  • Monday, 7 October, 2024
    Equinor ASA
    Norway’s Equinor takes 10% stake in renewables group Ørsted

    Company becomes second-largest shareholder in world’s biggest offshore wind farm developer behind Danish government

    A drone transports a red cargo box near a large offshore wind turbine
  • Monday, 7 October, 2024
    Yoox Net-a-Porter
    Richemont to sell struggling Yoox Net-a-Porter to Mytheresa

    Losses at YNAP have cost its parent billions of euros in writedowns

    A close-up view of the Net-a-Porter website on a computer screen
  • Monday, 7 October, 2024
    Venture capital investment
    US funding drives investment for European military tech start-ups

    American venture capital funds have provided lion’s share of investment to nascent sector this year

    Defence tech start-up Helsing
  • Sunday, 6 October, 2024
    TotalEnergies
    TotalEnergies considers foray into copper trading, top executive says

    Comments in closed-door conference show oil groups seek to capitalise on demand for metals needed for energy transition

    An employee monitors copper cable which is rolled up before passing through a rolling mill to become cable at a manufacturer in France
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