On Thursday, German airline Lufthansa stated, it is in advanced talks with the German government’s economic stabilization fund over a rescue deal worth up to $9.9 billion (9 billion euros); the deal potentially includes the German state taking a 20%… Read More ›
On Monday, French Finance Minister Bruno Le Maire stated, he would be holding new meetings later this week with representatives of the country’s automotive industry which has been hit hard by the coronavirus. In an interview to BFM Business radio… Read More ›
According to a source familiar with the matter at hand, European Union companies that have been impacted by the coronavirus will be eligible for a government loan of up to 5% of their 2019 turnover. With several countries asking for… Read More ›
In a statement, the U.S. Justice Department stated, it has approved the planned merger of United Technologies Corporation with Raytheon Co, subject to certain conditions. In June 2019, UTC agreed to combine its aerospace business with Raytheon in order to… Read More ›
In a statement, the European Commission stated, Brexit negotiations with Britain will not include British financial firms gaining access to the EU market. The clarification comes in the wake of Britain stating it wants a “legally binding” framework to access… Read More ›
On Monday, Ursula von der Leyen, the head of the European Commission stated, any agreement on the European Union’s future relationship with Britain will contain details on financial services, fisheries, energy and trade in goods. “It’s all outlined in the… Read More ›
On Friday, two sources familiar with the matter at hand have disclosed, EssilorLuxottica’s $8 billion (7.2 billion euro) bid to acquire Dutch GrandVision will face a full-scale EU antitrust investigation, following the latter declining to offer concessions during an initial… Read More ›
According to a statement on Brazil’s antitrust regulator Cade’s website, it has approved Boeing Co’s acquisition of Embraer SA’s commercial aviation division without restrictions. Boeing and Embraer welcomed the move with the former saying it remained confident of the deal… Read More ›
On Friday, a senior EU official stated, following six years of negotiations, EU-China negotiations on investment agreement have entered a “critical stage” and are progressing well. In a news briefing in Beijing, Nicolas Chapuis, EU’s ambassador to China, stated, progress… Read More ›
Macron is keen to preserve the portfolio he had negotiated with incoming European Commission President Ursula Von der Leyen and has sought assurances that the new candidate would be approved. On Thursday, two weeks after President Emmanuel Macron’s first choice… Read More ›
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