European stocks gain on EU election relief and auto shares surge
European shares climbed on Monday as investors snapped up automaker stocks following confirmation of merger talks between Fiat Chrysler and Renault, and after pro-EU parties...
Factbox: Auto industry consolidation – mega-mergers and alliances
Italian-American carmaker Fiat Chrysler on Monday proposed a merger of equals with France’s Renault in a deal that could create the world’s third-biggest carmaker and...
Renault’s board ‘studying with interest’ Fiat Chrysler deal terms
French carmaker Renault said it was “studying with interest” the terms of the proposed merger with Fiat Chrysler (FCA)....
Failing to hire women, ECB extends supervision job deadline: sources
The European Central Bank has extended a deadline for filling three top jobs at its bank supervision arm after it failed to hire any women...
Asia’s billionaires develop taste for boutique wealth managers
Growing demand by Asia’s rich for independent advisory services and access to a wide variety of investment products is spurring the surge of boutique wealth...
Asia shares come off four-month low, euro steady after fragmented EU vote
Asia stocks inched up but remained near four-month lows on Monday amid concerns about U.S.-China tensions while the euro stayed in a narrow range after...
Fiat Chrysler puts merger offer to Renault board
Fiat Chrysler has made a “transformative” merger proposal to Renault, the Italian-American carmaker said, in a deal that would create a new third-ranked global manufacturer....
Nasdaq withdraws bid for Oslo Bors, handing prize to Euronext
Nasdaq withdrew its bid on Monday to takeover Norwegian stock market operator Oslo Bors VPS, leaving pan-European competitor Euronext as the sole bidder....
French government: looking ‘reasonably favorably’ on Renault/Fiat deal
The French government is looking “reasonably favorably” on a proposed merger deal between Italian carmaker Fiat and French peer Renault, said government spokeswoman Sibeth Ndiaye...
Fiat Chrysler makes merger offer to Renault
Fiat Chrysler has made a “transformative” all-share merger proposal to French rival Renault, the Italian-American carmaker said on Monday, in a deal to create a...