United Kingdom

Sudip Kar-Gupta

Kering shares slide as Gucci's growth slows

18 Apr 2019

PARIS Kering shares retreated sharply on Thursday after signs of slowing growth at the French luxury group's Gucci brand, particularly in the United States.

European banks Credit Agricole and Santander team up in asset services

17 Apr 2019

PARIS France's Credit Agricole and Spain's Santander plan to combine their custody and asset servicing operations, in a deal that could point the way for European banks to achieve scale without the complexity of a full merger.

Vivendi presses on with UMG stake sale as music arm drives revenue

15 Apr 2019

PARIS France's Vivendi said on Monday it was forging ahead with the planned sale of up to 50 percent of its Universal Music Group (UMG), as the iconic division boosted the media conglomerate's quarterly revenue.

Advertising group Publicis' shares boosted by $4.4 billion Epsilon deal

15 Apr 2019

PARIS Publicis' shares rose on Monday as analysts welcomed the French advertising company's $4.4 billion (£3.4 billion) takeover of marketing and data company Epsilon.

LVMH shares hit record high as China demand boosts luxury group

11 Apr 2019

PARIS LVMH shares hit a record high on Thursday and buoyed those of rivals after the Louis Vuitton owner posted strong first-quarter sales and said that demand for its handbags and high-end fashion had picked up in mainland China.

TF1 wins exclusive French broadcast rights for 2019 Rugby World Cup

10 Apr 2019

PARIS French TV group TF1 will exclusively broadcast the 2019 Rugby World Cup in France, it said on Wednesday, lifting the shares of the country's major TV broadcaster.

Nasdaq, Euronext deemed fit and proper owners of Oslo Bors

08 Apr 2019

PARIS/OSLO Stock market operators Euronext and Nasdaq, both vying for the control of Norway's Oslo Bors, have been deemed fit and proper owners by the Norwegian financial supervisory authority, the finance ministry said.

Engie-led consortium seals $8.6 billion purchase of Petrobras pipeline unit

08 Apr 2019

PARIS A consortium led by French utility Engie has won a bid for Petrobras' TAG pipeline arm with an $8.6 billion offer, in a deal that boosts Engie's presence in the fast-growing Brazilian market and helps Petrobras cut debts.

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