16:15
Baker Hughes has received conditional clearance from the European Union for its proposed $13.6 billion acquisition of Chart Industries, overcoming a key regulatory hurdle after agreeing to divest part of Chart’s business to address competition concerns. The decision, announced by the European Commission on Friday, allows the U.S.-based......
The proposed merger between Italian energy engineering group Saipem and Norway's Subsea 7 is expected to enter an in-depth European Union antitrust investigation, as regulators examine whether the transaction could reduce competition in the offshore energy services market. People familiar with the matter indicated that the European Commission......
The European Central Bank (ECB) is once again confronting mounting inflationary pressures as renewed hostilities between the United States and Iran drive energy prices higher, complicating the eurozone's monetary policy outlook. Speaking on Friday, Yannis Stournaras, a member of the ECB's Governing Council, said the resurgence of......
Airbus delivered 351 commercial aircraft during the first six months of 2026, posting a 15% increase from the same period a year earlier and reinforcing expectations that the European aerospace manufacturer is on course to achieve its annual production objectives. The company handed over 89 aircraft in June alone, providing strong momentum......
The European Commission has opened a new phase in its examination of Sanofi’s practices in the influenza vaccine market, seeking feedback on commitments proposed by the French pharmaceutical group to address concerns over possible anti-competitive conduct. The move follows an investigation launched by Brussels into allegations that......
A senior European Central Bank (ECB) policymaker has cautioned that the outlook for the euro zone economy remains fragile, urging central bankers to prepare for an increasingly uncertain global environment when shaping future monetary policy. Speaking at a research conference in Rome on Tuesday, Fabio Panetta, a member of the ECB Governing......
ASM International has announced plans to appoint Chris Figee as its next Chief Financial Officer, strengthening the executive leadership of one of Europe's leading semiconductor equipment manufacturers. The Dutch technology company confirmed that Figee, currently Chief Financial Officer and a member of the Board of Management at telecommunications......
Uber has reportedly suspended most of its planned expansion of Uber Eats across Europe as the company focuses on its proposed acquisition of Delivery Hero, according to a report by the Financial Times. The move marks a significant shift in Uber's European growth strategy just months after it unveiled plans to broaden its food delivery......
Pope Leo XIV has called on European nations to adopt a broader and more sustainable approach to migration during a visit to the Italian island of Lampedusa, a key arrival point for migrants crossing the Mediterranean. The pontiff urged European leaders to move beyond emergency responses by combining immediate humanitarian assistance with......
Airbus Chief Executive Guillaume Faury has expressed doubts about the future of defence cooperation in Europe, warning that increased military spending alone may not be enough to strengthen cross-border industrial partnerships. Speaking at an economic forum in Aix-en-Provence, Faury said he was "not necessarily optimistic" about......
European equity markets may continue to benefit from an improving macroeconomic backdrop, but stronger economic growth alone is unlikely to generate another significant rally, according to analysts at Bank of America (BofA), who argue that current market valuations already reflect much of the positive news. The cautious assessment comes as......
The eurozone's services sector remained in contraction in June, but the pace of decline slowed significantly as inflationary pressures eased at a record rate, helping stabilize business activity across the currency bloc. According to the latest S&P Global Purchasing Managers' Index (PMI) survey, the final eurozone Services PMI......
The European Union has announced a new €18 million support package for Armenia, alongside measures aimed at easing access for Armenian exports to European markets, as tensions rise over growing economic pressure from Russia. The announcement was made during a high-level visit to the Armenian capital, where European leaders signaled stronger......
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At the Heart of the 2026 World Cup
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AFCON 2025: Morocco at the heart of African football
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