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The reacquisition follows two extraordinary share repurchase programmes launched in 2025, worth one billion euros each Societe Generale has launched a 1.5 billion euro (S$2.3…
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LONDON – The Chanel Culture Fund has picked the recipients of the latest Chanel Next Prize, the biennial, international arts and culture competition that sees 10 creatives take home…
A potential Everllence sale comes as VW seeks to boost profitability and streamline its sprawling operations A majority stake in Volkswagen’s heavy diesel engine unit Everllence is…
The managers of Stoneweg Europe Stapled Trust (Sert) on Thursday (Dec 18) announced that it has refinanced and extended an 85 million euro (S$128.9 million) unsecured facility. As part of…
PARIS – European Union finance ministers agreed on Friday to impose a 3 euro customs duty on inexpensive packages entering the bloc, a move aimed at curbing the surge of ultra-low cost…
UOB said on Tuesday (Nov 25) that it has priced 850 million euros (S$1.3 billion) in fixed-rate covered bonds due 2030. The covered bonds will bear interest at 2.718 per cent per annum,…
The Kering Beauté acquisition marked the latest in a string of deals for the beauty giant L’Oréal is selling at least 1.5 billion euros (S$2.26 billion) of bonds in a three-part deal to…
THE European Central Bank is pushing back against a European Parliament proposal that would launch the planned digital euro solely offline. In Frankfurt on Tuesday, Alessandro Giovannini,…
The ECB has presented the digital currency as an alternative to US-dominated means of payment A digital euro could drain up to 700 billion euros (S$1.1 billion) in deposits during a run on…
THE US dollar was mixed on Thursday (Oct 9) as a sell-off in the Japanese yen appeared exhausted for now, while the euro was dented by political uncertainty. The yen reached its weakest…
The euro and the yen were headed for a third straight daily loss against the US dollar, pressured by political turmoil in France and expectations of increased fiscal spending in Japan.…
Political developments drove currency markets again on Tuesday (Oct 7) with the yen falling to a two-month low after Sanae Takaichi’s leadership victory in Japan, while the euro remained…
Politics dominated currency markets on Monday (Oct 6) as the Japanese yen weakened by the most in five months against the dollar with Sanae Takaichi looking set to become Japan’s next…
The new Amsterdam-based company is expected to launch its stablecoin in the second half of next year A consortium of nine European banks, including ING and UniCredit, said on Thursday (Sep…
Academy-award nominated French studio Xilam Animation, behind “I Lost My Body,” has closed a raft of licensing deals on its new flagship CG-animated preschool show “Piggy Builders,”…
f you're anything like me, your social feed has been completely taken over by sun-drenched snaps from the Amalfi Coast to the streets of Saint-Tropez, with content creators soaking in the…
Stoneweg Europe Stapled Trust (Sert) on Wednesday (Aug 13) posted a distribution per stapled security (DPS) of 0.06553 euro for its first half ended Jun 30, 2025, 7 per cent down from a…
Ireit Global posted a 26 per cent fall year on year in distribution per unit (DPU) to 0.71 euro cent for the half-year of FY2025 ended June because of the full vacancy at the Berlin…
MILAN – The Giorgio Armani company is pushing back on the decision of the AGCM, the Italian Competition Authority, to fine the luxury brand for alleged misleading advertising. The…
Temasek Holdings has sold its minority stake in an Indian joint venture (JV) to its partner Schneider Electric for 5.5 billion euros (S$8.2 billion) in cash – over 10 times what the state…
Most stock markets rose with the euro on Monday after the European Union and United States hammered out the “biggest-ever” deal to avert a potentially damaging trade war. News of the deal,…
The euro zone economy has remained resilient to the pervasive uncertainty caused by a global trade war, a slew of data showed on Friday (Jul 25), even as European Central Bank (ECB)…
Deutsche Bank returned to a better-than-expected profit in the second quarter from a loss a year ago as trading earnings helped offset mixed results at its global investment banking…
