Losses at YNAP have cost its parent billions of euros in writedowns
American venture capital funds have provided the lion’s share of investment to the nascent sector this year
Comments in closed-door conference shows oil groups seek to capitalise on demand for metals needed for energy transition
Some investors unhappy about plans to reward senior executives following group’s disposal of Italian unit
Berlin’s decision risks hampering borderless travel in Schengen area
Novo Nordisk and Schneider in demand as robust American economy defies investors’ expectations
Shareholders have to approve Mikael Walther’s removal as the Swedish fintech prepares for possible IPO
Stock rally offers boost to Europe’s IPO market in first big listing after summer break
China’s carmakers have been increasing market share in Europe
Also in this newsletter: European governments ramp up evacuations from Lebanon
Watches and jewellery head Frédéric Grangié on securing Swiss manufacturing expertise through a portfolio of partners
Ben la Grange becomes most senior executive to be held accountable for the €6.5bn fraud
Patrick Pouyanné says he has been ‘arguing’ with the Labour government over plans to increase the levy
French group’s foray into motorsport comes as luxury industry seeks to increase audience and popularity
European carmaker’s road back will be long and winding
Italian lender sidestepped bank ownership rules to build 21% position in German rival
Madrid blocked sale of Spanish trainmaker Talgo for political reasons, says Ganz-MáVag chief
Plus, how Andrea Orcel covertly built up a stake in Commerzbank and celebrities ditch BDO after ex-employee is accused of fraud
Profit warnings have come from a sector facing weak sales at home, intense competition in China and slowing EV demand
Deal may provide a test case for other Middle Eastern investors scouring the world for opportunities
Bloc’s officials say opposition to UniCredit’s move on German lender at odds with Berlin’s pro-EU stance
Adnoc seeks to acquire chemicals groups as it prepares for a world less reliant on oil as a fuel
AIG, Chubb and Lloyd’s of London among those facing multibillion-dollar claim
Interest of PE groups in Sanofi’s Opella highlights the renewed ebullience of debt financiers
Christian Klein, head of bloc’s biggest software firm, warns against further curbs on AI models
