Deals - Europe Headlines

Italian auto supplier Brembo to build new U.S. plant

MILAN - Italian brakes maker Brembo will build a new foundry in Michigan to expand its manufacturing capability in the United States, betting on continued strength of the country's automotive sector.

5:27am EDT

RBS considers sale of Irish unit to private equity firm: Irish examiner

DUBLIN - State-backed British lender Royal Bank of Scotland is considering selling its Irish unit Ulster Bank to a private equity firm, the Irish Examiner reported on Wednesday, citing unnamed sources.

4:27am EDT

Tue, Jul 22 2014

Ryanair boss says company may show interest in Cyprus Air

NICOSIA - Ryanair will probably submit an expression of interest in troubled Cyprus Airways which is up for sale, Chief Executive Michael O'Leary said on Tuesday.

Talks for Austrian chipmaker AMS to buy Dialog collapse

FRANKFURT/VIENNA - Talks for Austrian chipmaker AMS to buy German peer Dialog Semiconductor have collapsed, with the two firms blaming differences over price and future strategy.

22 Jul 2014

Rheinmetall forms new joint venture with China's Hasco

FRANKFURT/BERLIN - Rheinmetall will shift a unit making aluminum engine blocks to a joint venture with China's Hasco to help finance growth at its automotive business, the German defense group said on Tuesday.

22 Jul 2014

Mon, Jul 21 2014

Russia's Severstal sells U.S. steel plants to AK steel, Steel Dynamics

LONDON/MOSCOW - Russia's Severstal CHMF.MM said it would sell two U.S. steel plants for $2.3 billion, withdrawing from the U.S. market at a time of rising tension between Russia and the West and turning its focus to its domestic business.

Deals, Russia 21 Jul 2014

Poste Italiane puts conditions on Alitalia-Etihad deal: sources


ROME/MILAN - Poste Italiane will only invest more money in Alitalia if it avoids taking on the airline's past liabilities, three sources close to the matter said on Monday, a condition likely to hamper a rescue deal with Etihad Airways.

BSkyB prepares to roll the dice again with European expansion


(This July 18 story was refiled to correct name in para 25 to Sullivan from Williams)

Deals, Germany, Italy 21 Jul 2014

Swiss hearing loss firm to raise up to $95 million in US IPO

ZURICH - Auris Medical , a Swiss company specializing in experimental hearing loss drugs, is planning a U.S. stock offering to tap into growing investor appetite for biotechnology.

21 Jul 2014

Lockheed Martin, Airbus, Boeing bid for Danish warplane order

COPENHAGEN - Lockheed Martin Corp , Airbus and Boeing Co have all submitted binding documents in a tender to supply Denmark with up to 30 fighter jets, the defense ministry said on Monday.


Key retirements mean a changing of the guard next year in U.S. Congress

Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.