Culture
Exxon enters talks to sell French business for 400 million euros
ExxonMobil entered exclusive talks to sell its entire 82.89 per cent stake in French unit Esso SAF, including a key refinery, to North…
Tag
Euros
Culture
BMW to buy back more shares worth up to 2 billion euros
is buying back as much as 2 billion euros (S$2.9 billion) of stock starting this month. The carmaker’s management board approved the…
Culture
TikTok fined 530 million euros in EU over China data transfer
TikTok was hit with a massive EU fine of 530 million euros (S$779 million) on Friday (May 2), accused of sending personal data of…
Culture
Siemens set to raise 1.4 billion euros in Healthineers stake sale
SIEMENS is likely to raise about 1.4 billion euros (S$2 billion) from the sale of a roughly 2.3 per cent stake in Siemens Healthineers,…
Lifestyle
Moncler Group’s 2024 Revenues Surpass 3B Euros
MILAN — Moncler Group closed 2024 with quite a series of achievements, surpassing sales of 3.1 billion euros, seeing growth in China as…
Fashion
Mapletree Investments acquires logistics assets in UK, Spain for 315.1 million euros - The Business Times
REAL estate giant Mapletree Investments has acquired its first logistics property in the UK and 10 warehouses in Spain for a total of…
Fashion
Tesla poised for 1 billion euros windfall from EU’s emissions curbs
TESLA could collect more than 1 billion euros (S$1.4 billion) in compensation from rival automakers that need help meeting tougher…
Fashion
Italy probes CK Hutchison unit on tax in 3.4 billion euros asset sale
CK HUTCHISON’s Italian telecommunications unit is the target of a probe alleging that it evaded taxes during a 3.4 billion euros (S$4.8…
Culture
Cromwell E-Reit divests 2 office assets in Italy for 20.9 million euros
This increases the Reit’s exposure to the logistics and light industrial sector Cromwell European Real Estate Investment Trust (Cromwell…
Fashion
Stellantis, China’s CATL to invest 4.1 billion euros in EV battery factory in Spain
STELLANTIS and Chinese battery maker CATL will invest 4.1 billion euros (S$5.8 billion) in a factory making electric vehicle batteries in…
Culture
First Sponsor to increase stake in Netherlands’ NSI for 18.9 million euros
Acquisition will be funded by net proceeds from a rights issue of perpetual convertible capital securities in September FIRST Sponsor is…
Culture
Euro’s bruising leaves global investors on edge
AS THE euro heads for its worst month since early 2022, analysts warn that a wild ride in the currency could be the next source of global…
Business
Spain fines 'abusive' budget airlines 179 mn euros
Spain's leftist government said Friday it has fined five budget airlines including Ryanair and EasyJet 179 million euros ($187 million)…