Tobacco giant BAT makes 47-billion-dollar takeover bid for US rival

British American Tobacco Plc said on Friday it has offered some 47 billion dollars to acquire 57.8 per cent of shares in a takeover of US rival Reynolds American Inc.

ECB to hold rates, decides against extending bond-buying scheme

The European Central Bank left its key interest rates at historic lows on Thursday and left its 80-billion-euro-a-month ((88-billion-dollar) bond-buying programme unchanged as it considers further...

Nissan finishes purchase of 34-per-cent stake in Mitsubishi Motors

Nissan Motor has completed its purchase of a 34-per-cent stake in scandal-plagued Mitsubishi Motors for 237 billion yen (2.3 billion dollars), the two companies announced Thursday.

EU seeks to strengthen trade defence measures as China threat looms

The European Commission proposed a new compromise Wednesday to protect EU industry against unfairly cheap imports, in an effort to win over member states before China can benefit from new rules...

Study shows Europeans work 19 per cent fewer hours than Americans

Europeans work on average 19 per cent fewer hours per year than Americans, a new study by three economists from the United States, Canada and Germany shows.

Final decision on VW settlement expected within week

Volkswagen seems well on the way to get final approval on a proposed settlement in the emissions test scandal, but the judge in the case said at a court hearing on Tuesday it could take up to...

Ryanair cuts profit forecast amid plunging pound

Ryanair, Europe's largest low-cost airline, on Tuesday warned that it expects its annual net profit to fall by up to 125 million euros (138 million dollars), mainly due to a plunge in the pound...

INA's offer for purchase of stake in Energopetrol accepted by one shareholder

The Croatian oil company INA said on Tuesday that its bid for the purchase of a 33% interest in the Sarajevo-based Energopetrol oil company had been accepted by one shareholder.

South Korea's Hyundai gets ECB approval to open bank in Europe

Seoul (dpa) - South Korean carmaker Hyundai Motor Group announced Monday that it received approval from the European Central Bank (ECB) to open a new bank in Europe to offer car financing.

Report: Deutsche Bank will have to give up US interests for deal

Deutsche Bank, Germany's biggest lender, will likely have to give up some of its business interests in the United States if it hopes to negotiate a multibillion-dollar fine down to a manageable...

Fitch: Samsung risks "long-term brand damage" from phone recall

Samsung faces the prospect of "long-term brand damage" over safety scares plaguing the flagship Galaxy Note 7 smartphone, the ratings agency Fitch said Thursday.

ZSE-EBRD project for funding businesses via stock market presented

The Zagreb Stock Exchange (ZSE) and the European Bank for Reconstruction and Development (EBRD) have launched, with support from the TaiwanBusiness fund for technical cooperation, the SME Growth...

Ericsson Nikola Tesla, beCloud introducing LTE technology in Belarus regions

Ericsson Nikola Tesla and the beCloud company have launched the second phase of a project to introduce LTE technology in three regions in Belarus and the contract is worth more than HRK 76 million...

Oil tanker, built for Spanish client, launched in Rijeka's "3. maj" shipyard

An oil tanker with a carrying capacity of some 51,000 tonnes, built for the Spanish company Marflet Marine, was launched at the Rijeka-based "3. maj" shipyard, with President Kolinda Grabar-...

Samsung expects profit increase despite Galaxy Note 7 issues

Samsung announced Friday it expects a 5.6-per-cent rise in profits in the third quarter of 2016, despite recent problems with the company's flagship smartphone, the Galaxy Note 7.