The online carsharing company is receiving a $60 million Series C and $36 million in asset financing, with AXA Venture Partners leading the equity round. Photo via Depositphotos. Virtuo, a carsharing startup based in France, has raised $96 million to…
Read MoreEurope tells tourists: Welcome back! Now work out the rules
PARIS — Europe is opening up to Americans and other visitors after more than a year of COVID-induced restrictions, in hope of luring back tourists — and their dollars — to the continent’s trattorias, vistas and cultural treasures. But travelers…
Read MoreEurope travel: What you need to know about traveling this summer
In non-pandemic summers, both continental Europe and the United Kingdom draw crowds of tourists from around the world. Last summer, they couldn’t get there. This summer many should be able to, though the tangle of entry requirements will vary by…
Read MoreCOVID-19 cases fall in Europe, just in time for summer travel
ROME — When Italy won the Eurovision Song Contest with an over-the-top glam-rock performance, the victory signaled more than just a psychological boost for one of the countries hardest hit by COVID-19: Held before a live, indoor audience of 3,500,…
Read MoreRinascentes Parent Company Central Group Europe Is Going to Have a New CEO
MILAN — Stefano Della Valle is succeeding Vittorio Radice at the helm of Central Group Europe, the European arm of Thailand-based Central Retail Corp. The corporation is controlled by the Chirathivat family and operates 2,000 stores in Thailand and 134 outlets…
Read MoreActivist investor Elliott takes multibillion pound stake in GSK, FT says
FILE PHOTO: Company logo of pharmaceutical company GlaxoSmithKline is seen at their Stevenage facility, Britain October 26, 2020. REUTERS/Matthew Childs//File PhotoLONDON (Reuters) -Activist hedge fund Elliott Management has taken a multi-billion pound stake in GlaxoSmithKline, the Financial Times reported on…
Read MoreMitsubishi back in Europe with new Renault deal
From 2023, Mitsubishi will launch two new models for Europe, based on existing Renault vehicles Mitsubishi has confirmed that it will return to the European market in 2023 following extensive internal discussions within the Renault-Nissan Alliance. A new arrangement has…
Read MoreU.S. Treasuries' selloff give European stocks an edge
(Reuters) – The selloff in U.S. Treasuries may finally give the bourses of Frankfurt, Paris or Milan a decisive edge for 2021 after five straight years of underperformance against Wall Street.FILE PHOTO: The German share price index DAX graph is…
Read MoreU.S. Treasuries' selloff give European stocks an edge
(Reuters) – The selloff in U.S. Treasuries may finally give the bourses of Frankfurt, Paris or Milan a decisive edge for 2021 after five straight years of underperformance against Wall Street.FILE PHOTO: The German share price index DAX graph is…
Read MoreCOLUMN-U.S. spillover risks stifling Europe and spurring ECB into action: Mike Dolan
(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) LONDON, Feb 24 (Reuters) – When U.S. interest rates sneeze, Europe catches a cold. Market anxiety about the inflationary impact of the…
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