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UK disposal by Swedish group to German utility highlights divergent views on sector
Purchase reverses UK oil and gas producer out of a strategic cul-de-sac
Group to invest in car plant in bid to dominate European EV industry by end of decade
Acquisition set to ‘more than double’ size of UK-focused oil and gas producer making it a global player
Biggest European clubs given chance to join breakaway tournaments after ECJ competition ruling
Confidence is slowly returning to green energy stocks amid mounting expectations that interest rates have peaked
Plus, PE’s big windfall after a tough year and new hopes for Japanese M&A
Private equity firm is working with former Lloyds and Credit Suisse boss on plan to buy Altice’s Portuguese business
Hornsea 3 project off the Yorkshire coast will be able to supply power for about 3.3mn homes.
Continued ownership of unit has made the Austrian bank a symbol of western accommodation with Vladimir Putin’s Russia
Ilmārs Rimšēvičs guilty of taking bribes and a fishing trip to Russia from a commercial bank
Natixis, KPMG and CACEIS also sued in first major litigation relating to illiquid asset scandal
German chemicals group has been grappling with high costs, low demand and falling earnings, especially in Europe
Bid to take cash from financial institution comes as west explores ways to seize assets of Russia’s central bank
Government says move is intended to provide ‘shareholding stability’ after Saudi sovereign wealth fund builds stake
G7 allies are debating whether to spend Moscow’s frozen funds to support Ukraine
Plus, music royalty calculations come under scrutiny and new details of Microsoft’s partnership with OpenAI
‘Not everyone likes it, but that’s how it is,’ Bernard Arnault’s son says, as rival Kering sets ambitious long-term goals
Chancellor is facing questions over his term as Hamburg mayor, when city wrote off bank’s tax bill
Souring relations with European Commission over such an unpopular issue would risk progress on bigger regulatory battles
Asset swap will hand oligarch cash in exchange for his stake in Austria’s Strabag construction firm
Anadolu Efes will not pay for the share with western companies continuing their difficult exit from Russia
Xvideos, Pornhub and Stripchat face curbs on age verification and content moderation in latest move by regulators
Bank is on right track but needs to squeeze more from US business
Bank’s regulatory chief Andrea Enria says lenders have ‘solid’ capital ratios but will face tighter conditions in 2024
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