Europe

Europe News

• 

  Verizon Wireless Agrees to Pay Co-Owners $7 Billion Dividend

  Updated 22 minutes ago

  Verizon Wireless, the mobile-phone joint venture of Verizon Communications Inc. and Vodafone Group Plc, plans to pay a $7 billion dividend to its co-owners, defusing a source of tension between the two companies.

• 

  GE’s Last Consumer Stand Gets $1 Billion Plus New Chief

  Updated 22 minutes ago

  General Electric Co. Chief Executive Officer Jeffrey Immelt tried to sell off the company’s appliance and lighting businesses in 2008, only to have the effort derailed by the financial crisis. Now Chip Blankenship has the job of proving the division was worth keeping.

• Ford Short of Russian SUVs Adding EcoSport in 2014

  Updated 13 minutes ago

  Ford Motor Co., the second-largest U.S. automaker, and partner OAO Sollers will introduce a third sport-utility vehicle in Russia and boost engine production in the country to meet rising demand.

• 

  H&M-Inditex Joining Bangladesh Pact Pressures Wal-Mart: Retail

  Updated 22 minutes ago

  After Hennes & Mauritz AB and Inditex SA, Europe’s two largest clothing retailers, committed to an agreement to improve fire and building safety in Bangladesh, pressure is mounting on U.S. retailers to sign the pact.

• Nissan to Supply Cargo Vans to General Motors

  Updated 38 minutes ago

  Nissan Motor Co. plans to supply compact cargo vans to General Motors Co. for sale as a Chevrolet brand vehicle in the U.S. and Canada, the first such project in the region for the two automakers.

• 

  S&P 500 Rises on U.S. Optimism While Metals Fall on China

  Updated 19 minutes ago

  U.S. stocks rose, sending the Standard & Poor’s 500 Index to a record for the eighth time in nine days, amid improving confidence in the world’s largest economy. Industrial metals fell on concern about China’s growth.

• WTI Crude Declines a Fourth Day on U.S. Supply Gain

  Updated 33 minutes ago

  West Texas Intermediate crude fell for a fourth day, the longest stretch of declines this year, on forecasts that U.S. supplies climbed from an 82-year high.

• London Mayor Blocks ‘Exceptionally Large’ Mayfair Apartment Plan

  Updated 34 minutes ago

  London Mayor Boris Johnson blocked the development of 25 luxury apartments in the city’s Mayfair district because they were too big.

• Total and BP Outbid Oil Rivals for Brazil Amazon Coast Licenses

  Updated 2 hours, 19 minutes ago

  BP Plc and Total SA, Europe’s biggest oil companies after Royal Dutch Shell Plc, won exploration rights in the Amazon basin as Brazil’s first oil auction in five years attracts a record level of bids.

• Glencore Buys North Sea Forties Crude; Socar Offers Azeri Cargo

  Updated 2 hours, 37 minutes ago

  Glencore Xstrata Plc bought a cargo of North Sea Forties crude after increasing its bid. Socar Trading SA failed to sell a cargo of Azeri Light crude.

Europe Photos

Related Topics

• 

  London

• 

  New York

• 

  International Energy Agency

Most Popular on Bloomberg

• Verizon Wireless Agrees to Pay Co-Owners $7 Billion Dividend

• S&P 500 Rises on U.S. Optimism While Metals Fall on China

• U.S. Stocks Advance on Increased Optimism Over Economy

• U.S. Deficit to Fall to $642 Billion, Says Budget Agency

• Hagel Sets Furloughs for 680,000 Workers Starting July 8

Europe Videos

Audio

• Martin Sorrell Adds New Workers, Sees Recovery

• Gabriel Stein Questions European Austerity Shift

• Blackrock's Koesterich Sees `Bargains' Outside U.S.

• Borthwick Says ECB Rate Cuts Does Little

• CIBC’s Stretch Sees ECB Rate Cut `Priced-In’