Philips shares rocket 29% as firm settles U.S. respiratory device case
Philips shares soared Monday after the company agreed to a $1.1 billion settlement in a U.S. case linked to the recall of some of its sleep apnea devices.
CNBC Europe
With daily entrance fee 'Disney-fication' of Venice, the world hits its overtourism tipping point
Tourists in Venice far outnumber residents who fear the 'Disney-fication" of the Italian city. A day-trip fee added last week did not go over well as a fix.
France moves to rescue Atos as former IT crown jewel struggles to stay afloat
French IT firm Atos confirmed on Monday that it had received a non-binding letter of intent from the French government to buy some of its business divisions.
World’s largest sovereign wealth fund says green backlash is a chance for it to 'phase in' — not out
Norway's $1.6 trillion sovereign wealth fund says it will continue to advocate for investments based on ESG factors.
UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo
The move will be seen as a major blow to the London Stock Exchange.
Airbus CFO says A350 plane production increase not tied to Boeing troubles
Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing.
Long-awaited $2 billion CVC debut shows the IPO market is back on track, Euronext boss says
"It is a very strong signal of the comeback of IPOs in Europe, in particular in continental Europe," Euronext's Stéphane Boujnah said.
Anglo American rejects BHP's $39 billion takeover bid to form mining juggernaut
Mining giant Anglo American on Friday rejected a takeover bid from rival BHP Group, saying the offer "significantly undervalues" the company and its prospects.
Venice residents clash with riot police as city launches world’s first tourist entry fee
The pilot program means day-trippers to Venice, one of Italy's most picturesque and historic cities, will need to pay a charge of 5 euros (US$5.40).
Barclays shares up 6% as bank swings back to profit in first quarter amid strategic overhaul
Barclays on Thursday reported first-quarter net income of £1.55 billion ($1.93 billion), beating expectations and returning the British lender to profit amid a major strategic overhaul.
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.
Kering shares sink 9% after profit warning on declining Gucci sales
Shares of French luxury group Kering sank more than 9% Wednesday after the company warned it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.
UBS chair says Swiss banking giant is not 'too big to fail'
Colm Kelleher also said UBS was one of the best-capitalized banks in Europe at the UBS Annual General Meeting.
Volvo Cars shares down 8% as first-quarter revenues fall
Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter core operating profits driven by strong retail sales.
Riderless horses recovered after running loose through London; ‘a number’ of people injured
The U.K. army on Wednesday said they had recovered "a number" of military working horses after the animals broke free during a routine exercise.
Photos show Sahara dust turn Athens orange
Athens and the south of Greece appeared to be coloured in orange and red after dust from the Sahara engulfed the city on Tuesday evening.
‘A real wildcard’: World’s largest wealth fund issues inflation warning on hot commodity markets
The chief executive of the world's largest wealth fund says there are many wildcards in financial markets right now.
Germany arrests EU Parliament staff member on China espionage charges
A German man was arrested for allegedly sharing information from the European Parliament with the China's secret service, the federal prosecutor’s office said.
Apple sends invites to May 7 launch event, new iPads expected
Apple will launch new products on May 7 in an online event, according to invites sent to the media on Tuesday.
World’s largest wealth fund says there’s ‘clearly a lot of froth’ in the tech sector right now
The chief executive of Norway's gigantic sovereign wealth fund on Tuesday said there is "clearly a lot of froth" in the tech sector.
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