Turkey's banks have had a good run but rising debts remain a worry.
WPP chairman Martin Sorrell’s successor Roberto Quarta inherits a company in crisis in a troubled industry.
An unexpected uptick in economic growth, a failed military coup and geopolitical tensions haven’t kept Turkey down. And the country’s president, Recep Tayyip Erdoğan, looks set to strengthen his hold on power with snap elections called for June.
Volkswagen Group has a new driver at the wheel. In April, the Wolfsburg-based company named Herbert Diess, head of the flagship VW brand, as CEO. Diess will leade information technology, group development and research across the organization, while overseeing strategy ...
Zuckerberg’s testimony to Congress has only increased public calls for more oversight of social media and how it uses customer data.
As many countries move to become cashless societies, Switzerland will vote on whether their central bank should be the only institution capable of creating money.
EON and RWE swap assets to become a market leader.
Thanks to a new agreement, businesses can assume that the UK will be fully out of the EU by January 2021. The UK will remain in the single market and customs union until the end of 2020.
Olaf Scholz’s spending policies and his Social Democratic Party's criticism of Angela Merkel's ‘forced austerity’ could lead to higher spending, a reduction of Germany’s historical surplus and the risk of inflation.
As the Mediterranean island nation's economy has stabilized, so too have its banks.
The failure of UN negotiations aside, 2017 was a positive year of consolidation and growth for the Cypriot economy.
Despite Brexit, London has managed to hang onto its status as Europe’s leading fintech hub, but Amsterdam is sneaking up behind.
According to a Cambridge Econometrics report a “hard Brexit,” in which the country would leave both the EU customs union and the single market, could cost the UK almost half a million jobs and about $64.7 billion in investment by 2030.
With the Nestle acquisition, Ferrero has now become the third-largest confectionary company in the United States.
The UK’s decision to leave the EU and the dwindling strength of German Chancellor Angela Merkel, who saw her party diminished in Germany’s recent federal elections, have given Macron a rare chance to bolster French influence.
An intellectual property (IP) rights’ victory in China for the Danish toymaker will also give comfort to other Western consumer-goods companies struggling with similar issues.
Turbulence in Europe’s airline industry is likely to culminate in a massive shakeout for the sector in 2018. Look for more mergers and global alliances.
Fierce competition among Swiss banks to win the business of the world’s wealthy has led to a raft of management shake-ups.
Cash is increasingly viewed by Nordic banks, businesses, and tax and financial regulators as outdated and inefficient.