MILAN Banca Monte dei Paschi di Siena is working on a five billion euro (4 billion pounds) capital increase as part of plans to fix its balance sheet ahead of European bank stress tests, a source said on Tuesday.
MADRID Spanish airport operator Aena , which has a majority stake in London's Luton airport, said on Tuesday it expected only a limited and short-term impact from Britain's vote to leave the European Union on demand from UK passengers.
NEW YORK The minister taking the first tricky steps to re-negotiating Britain's trade deals in a post-Brexit world said on Tuesday he is taking a methodical approach and first needs to ramp up his staff to around 300, from 40 now, over the next few months.
BRUSSELS The European Commission will launch an arbitration procedure to resolve a dispute between Norwegian Air Shuttle and U.S. regulators over the budget carrier's wish to fly to the United States from Ireland, two sources said.
FRANKFURT Deutsche Boerse has won the necessary backing from its shareholders for the planned merger with the London Stock Exchange Group , with the German exchange operator reporting a 60.35 percent approval rate on Tuesday ahead of the 2300 London time deadline.
LONDON Britain should leave the European Union quickly and not be drawn into a discussion about watering down the voters' clearly expressed wish for limits on immigration, senior Conservative lawmaker John Redwood said.
BRUSSELS The European Commission is likely to propose on Wednesday to fine Spain and Portugal for not effectively cutting their budget deficits and to give them new, longer deadlines to reduce their shortfalls to EU limits.
LONDON Strong will exists in both Britain and Ireland to preserve free movement between the countries following Britain's vote to leave the European Union, Prime Minister Theresa May said on Tuesday after meeting her Irish counterpart.
LONDON British asset manager Kames Capital has begun to see inflows into its UK Property Income Fund as concerns ebb about the outlook for commercial property prices after Britain's vote to leave the European Union.
MILAN The Italian unit of HSBC and other foreign banks were asked to invest in a new fund Italy is trying to set up to buy bad loans, the company's chief executive, Marzio Perrelli, said on the sidelines of a conference in Milan.
ANSBACH, Germany The Syrian who blew himself up in southern Germany, wounding 15 people, had pledged allegiance to Islamic State on a video found on his mobile phone, the Bavarian Interior Minister said on Monday. | Video
PARIS One of the two knife-wielding men who attacked a church in France on Tuesday has been named as 19-year-old Adel Kermiche, who was under close surveillance after two failed attempts to reach Syria last year, France's anti-terrorism prosecutor said.
ROME Ex-Prime Minister Silvio Berlusconi has anointed Stefano Parisi, a former Internet executive and government economic adviser, as his political heir, giving him a mandate to relaunch Italy's splintered centre-right.