Europe
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Finance
World’s largest sovereign wealth fund loses record $174bn
Norway’s sovereign wealth fund, the world’s largest, lost 1.68 trillion Norwegian kroner ($174 billion) in the first half of 2022,…
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Investcorp acquires seven UK industrial assets for £32.6 million
The leading global provider and manager of alternative investment products, Investcorp, announced that it has successfully completed the acquisition of…
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Vodafone boosts packages to help small business in Europe
The telecom giant Vodafone has announced to launch packages that will boost small business in Europe. The packages are designed…
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BNP Paribas Joins NetZero Banking Alliance introduced by UNEP
The French international banking group and the largest bank in Europe, BNP Paribas joins the Net Zero Banking Alliance (NZBA)…
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GENESIS to deliver Korean luxury cars to Europe
The luxury vehicle division of the South Korean vehicle manufacturer Hyundai Motor Group, GENESIS confirms to bring Korean premium luxury…
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Banking
Payments firm Trustly plans for a €9 billion valuation in Stockholm IPO
The Swedish fintech company Trustly , has announced its plans for €9 billion valuation to list on Nasdaq Stockholm exchange…
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Deutsche bank Sways to first net profit since 2014
The German multinational investment bank and financial services company Deutsche bank , Sways to its small annual profit in the…
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Finance
European Banks constitutes challenge in new European Union Classification system
Banks in Europe exposed to small- and medium-sized businesses constitutes a major challenge when applying for a new European Union…
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Energy
Shell aims hydrogen and power trading in climate drive
As Royal Dutch shell switches from oil and betting its expertise on power trading and rapid growth in hydrogen ,…
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Business
Panasonic teams up with Nordic companies for European battery production
Panasonic has signed a preliminary agreement with Nordic energy company Equinor and the industrial group Norsk Hydro to explore the…
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