Britain promised about 80 million pounds ($104 million) in support to Nissan in 2016 as part of a major investment by the Japanese carmaker in its British car plant just four months after the Brexit vote, the Financial Times reported on Monday.
Janus Henderson said on Monday that veteran bond manager Bill Gross, who co-founded PIMCO in 1971, will retire and has decided to focus on managing his personal assets and charitable foundation.
Maxwell Technologies Inc, a developer of battery technology, said on Monday it had agreed to be bought by electric-car maker Tesla Inc for $218 million.
Danish authorities have expelled two Huawei Technologies staff after an inspection at the company’s Copenhagen office showed they failed to comply with laws covering residence and work permits, police said on Monday.
Germany is facing a budget shortfall of around 25 billion euros ($28.6 billion) by 2023 as an economic slowdown means tax revenues will come in below previous estimates, a Finance Ministry document obtained by Reuters showed.
Standard & Poor’s left its ratings on Deutsche Bank unchanged on Monday and said profitability is the lender’s biggest challenge.
Janus Henderson said on Monday veteran bond manager Bill Gross, who joined the firm in late 2014, will retire and has decided to focus on managing his personal assets and charitable foundation.
As Siemens and Alstom face EU rejection of their plan to create a European rail champion to fight foreign rivals, the lesson for other companies is to play up the domestic benefits of their merger deals and be prepared to sell assets.
Norwegian bank DNB, the largest owner of Oslo Bors VPS, will continue to support Nasdaq’s bid for the stock market operator even if Euronext were to raise its rival offer, a spokesman said on Monday.
World stocks clung to near two-month highs on Monday, with the dollar strengthening and oil prices racing to a 2019 peak, though some European bourses struggled as momentum provided by U.S. employment and manufacturing data started to fade.
Starboard Value LP will make a $200 million investment in Papa John’s International Inc and the activist hedge fund’s chief executive officer will become the chairman of the troubled pizza chain, the company said on Monday.
Starboard Value LP will make a $200 million investment in Papa John’s International Inc and the activist hedge fund’s Chief Executive Officer will become the chairman of the pizza chain the Wall Street Journal reported on Monday, citing people familiar with matter.
An aging population and struggling state finances could turn into an unlikely boon for Italy’s banks, which have turned to a growing market for insurance to brighten their prospects.
(This Feb 1 story corrects headline to say only Toyota’s sales fell in January, not Fiat’s)
Stock markets operator Euronext said on Monday it may increase its offer for Oslo Bors VPS after Nasdaq made a higher rival bid.
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