The Brazilian founder of the EBX Group will transfer shares worth $10.7 billion in the mining company to the Abu Dhabi wealth fund as part of a group-wide restructuring.
Positive earnings news from some of Europe’s largest companies helps lift European stocks after markets stabilized on Monday.
European stocks rise on Tuesday after positive news from some major companies distracts investors from external risks.
European stock indices fall as Banco Espirito Santo plunges, taking Portuguese equities down with it.
European stock indices fell on Thursday amid a plethora of earnings reports as eurozone consumer price figures suggested that aggressive central bank tactics haven’t shaken off the specter of deflation.
European stock indices struggle for direction as a new round of U.S. and European Union sanctions against Russia coincided with a slew of corporate earnings.
European stock indices were little changed on Wednesday as a new round of U.S. and European Union sanctions against Russia over Ukraine coincided with a slew of corporate earnings.
British consumer healthcare and cleaning products company Reckitt Benckiser said on Monday it has decided to spin off its pharmaceuticals unit.
The U.K. company will pay its largest shareholder $9 billion for Sky Italia and its majority stake in Sky Deutschland.
European stock indices reverse early losses to move higher on Thursday after positive manufacturing data points to a eurozone recovery.