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Euro News

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  Vodafone Said to Raise Kabel Deutschland Offer to Enter Talks

  Updated 21 minutes ago

  Vodafone Group Plc raised its preliminary offer to buy Kabel Deutschland Holding AG to about 7.5 billion euros ($10 billion) to persuade Germany’s largest cable company to enter talks, said people familiar with the bid.

• Glencore Loan Wins Banks on Future Business: Corporate Finance

  Updated 16 minutes ago

  Glencore Xstrata Plc raised the biggest loan on record for a commodity trader at interest rates below those offered to competitors as the 80 banks backing the deal count on winning future business from the company.

• BOE to Reveal Individual Bank Capital Holes in Transparency Test

  Updated 16 minutes ago

  The Bank of England will reveal how much capital U.K. banks need in the first public test of its credibility and transparency since it took back the role of financial regulator.

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  Kandinsky Fetches $21.2 Million, Asians Boost Sale Demand

  Updated 21 minutes ago

  A Wassily Kandinsky painting sold last night for $21.2 million at a London auction where demand, especially from Asian buyers, outstripped supply for Impressionist and modern art.

• Toxic Toast Concerns Feed Food Enzyme Sales at Novozymes to DSM

  Updated 15 minutes ago

  Food companies, facing increased scrutiny over the potential cancer risks of baked and fried products in the $80 billion crackers and cookies market, are bingeing on enzymes used to reduce the level of toxins.

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  Asian Futures Tip Gains as U.S. Jumps on Fed; Gas Rallies

  Updated 20 minutes ago

  Asian equity futures rose, indicating shares from Japan to Australia may follow U.S. stocks higher, on prospects the Federal Reserve will signal the fate of monetary stimulus after its meeting today. The yen held declines, while natural gas and gasoline gained.

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  Almirall CEO Eyes $11.6 Billion COPD Market Smokers Fuel

  Updated 1 hour, 17 minutes ago

  Almirall SA, the best-performing Spanish pharmaceutical stock, forecast demand for the lung- disease treatment Tudorza Pressair will increase in the U.S. as more managed-care plans cover the drug.

• Alpine May Face Austria’s Biggest Insolvency Since 2010

  Updated 6 minutes ago

  Alpine Holding GmbH, the Austrian builder owned by Fomento de Construcciones y Contratas SA, may incur the country’s biggest insolvency in three years after attempts to reach a restructuring failed and were terminated.

• Norway Seen Keeping Rates Unchanged After Tempering Krone Gains

  Updated 16 minutes ago

  Norway’s central bank will probably keep interest rates unchanged after successfully curbing gains in the krone and bringing inflation closer to its target.

• Shareholders Vote No-Confidence in GSW Immobilien’s CEO

  Updated 26 minutes ago

  Shareholders of GSW Immobilien AG, Berlin’s largest residential landlord by market value, passed a no-confidence vote against its chief executive officer following complaints from investors about how his hiring was handled.

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