Western Europe

In April, LVMH reported a 17% year-over-year increase in first-quarter revenues, more than twice what analysts expected.

Rema 1000’s acquisition of Aldi’s network of stores in Denmark is under investigation.

Automobili Lamborghini's CFO Paolo Poma explains to Global Finance how his unusual career path from engineering to the C-suite prepared him to lead the company in an era of tighter credit conditions.

Germany's closure of its last nuclear power facilities amid potential energy shortages and rising prices due to the end of gas and oil imports from Russia.

The 2023 Social Security Financing Adjustment Law raises the retirement age from 62 to 64, with a requirement that the retiree has worked at least 43 years; otherwise, workers must wait until they turn 67.

Swiss National Bank chair orchestrated the swift takeover of Credit Suisse by competitor UBS but not without ruffling some feathers.

While the US effort to cut China out of the global semiconductor industry is driven by national security concerns, the effort has consequences for semiconductor companies that produce civilian products.

Russia's war in Ukraine claims another casualty: the profits of European energy companies.

Toshiba has been in conflict with activist shareholders since a 2015 accounting scandal, followed by a massive write-down on its nuclear business the following year.

According to Sweden’s state-owned mining company LKAB, more than one million tons of rare earth oxides—the largest deposit of its kind in Europe—was discovered near Kiruna, about 1,000 kilometers north of Stockholm.

The Swiss National Bank projects losses on foreign currency transactions of CHF131 billion, with another CHF1 billion in losses on positions held in Swiss francs.

Britain repeals post-2008 banking reforms, including the cap on bonuses for bankers.

Microsoft’s investment in LSEG comes at a time when big tech names like Google, Amazon and IBM are increasingly engaged in an arms race to deepen relationships with financial firms.

New capital requirements could reduce the mortgage loan lending capacity for Norway’s small and medium-sized banks by up to $17.3 billion.

Global Finance announces the best private banks in Western Europe.

Brexit and chaotic economic policy from Westminster caused the London Stock Exchange to temporarily lose its status as Europe's biggest stock market.

The region’s economies are also threatened by large numbers of “zombie firms" as growth slows.

On Italian Prime Minister Mario Draghi's last day in office, the European Council in Brussels sent him off with a long applause and a celebratory video entitled “Arrivederci Mario.”

Britain's third prime minister in just three months—Rishi Sunak—steps up to the plate.

Although the precise remit has not been defined, the envoy will focus on the major funds in the Persian Gulf.