Author: Euronews

Following his divorce with Fidesz’ former justice minister, Péter Magyar emerged as a key opposition figure of Viktor Orban’s government. Source link

CVC, which holds stakes in the Six Nations rugby and Lipton Teas, prepares to sell over 100 million shares after years of planning. ADVERTISEMENTCVC Capital Partners is seeking a valuation of €13 billion to €15 billion as it readies itself to go public on the Amsterdam Stock Exchange.This means that 114 million shares, priced at €13 to €15 each, will become available to public investors, rather than being reserved for private buyers.CVC is issuing 18 million new shares, whilst the remaining 96 million are being sold by existing stakeholders.Sellers include Singapore sovereign wealth fund GIC, the Kuwait Investment Authority, and…

The EU Executive has used new powers for the first time against an unnamed security equipment company. Source link

European private sector economic activity rebounds strongly in April, led by robust demand in services, although manufacturing continued to contract. However, resuming inflationary pressures cast uncertainty on the speed of ECB rate cuts. ADVERTISEMENTEuropean private sector economic activity showed a strong rebound in April driven by strong demand in services. However, some inflationary pressures do not appear entirely vanquished, leaving uncertainty regarding the speed of returning to European Central Bank (ECB)’s 2% target.The flash Purchasing Managers’ Index (PMI) surveys released by S&P Global on Tuesday continued to indicate robust growth in the services sector across major European economies, alongside persistent…

Lawmakers want to see more support for Ukraine as US and UK counterparts advance. Source link

The landslide vote heralds a return to fiscal responsibility after the pandemic era – but some worry new norms could kill vital green investment ADVERTISEMENTMEPs today (23 April) formally approved new fiscal rules for the EU, brushing aside opposition from trade unions and civil society organisations who fear a return to the austerity era of reduced public spending.The revision was approved 359-166 with 61 abstentions, after several years in which strict Brussels budget controls were largely abandoned due to the pandemic.”This reform constitutes a fresh start and a return to fiscal responsibility at the same time,” Markus Ferber (Germany/European People’s…

The campaign season in Hungary began on Saturday, allowing candidates to begin collecting voters. Both municipal and European Parliament elections are set to take place on June 9th concurrently, a decision made by the Fidesz party to reduce expenses. ADVERTISEMENTEU election campaigning in Hungary kicked off on Saturday, allowing candidates to begin reaching out to voters. Both municipal and European Parliament elections are to be held for June 9th, consolidated by the Fidesz party to reduce expenses.Election experts note that the opposition faces limited means for promoting their campaign due to extensive media control by the current government.Zoltán Tóth, an…

British sports fashion retailer JD Sports has put in a billion-dollar bid to buy American sports brand Hibbett, as the UK’s largest sportswear retailer aims to expand its presence within the US. Source link

Spain’s far-right party lost more than 600,000 votes in the country’s latest general election – but now it has a chance to turn things around this summer. Source link

Lavazza, one of Italy’s most famous coffee makers, offers €185 million for a greater share of vending machine business IVS, with plans to own it outright. Source link