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  • Eni, Enel Win YUKOS Auction after Gazprom Deal Wednesday, 4 Apr 2007 | 5:40 AM ET

    Italian energy groups Eni and Enel won a Russian state auction for the gas assets of bankrupt oil firm YUKOS on Wednesday, paying 151.536 billion roubles ($5.83 billion).

  • Aeroflot Joins Unicredit in its Bid for Alitalia Monday, 2 Apr 2007 | 9:57 AM ET

    Unicredit has recruited Russian airline Aeroflot as a partner in the bank's bid to take over struggling Italian airline Alitalia, a bank executive said Monday as the number of bidders narrowed to three.

  • Shares of Italy’s Pirelli soared to 9.67% Monday morning after it revealed late Sunday that it was in talks with U.S. telecom giant AT&T and its Mexican affiliate America Movil to sell two-thirds of its 80% stake in holding company Olimpia for 2.82 euros a share less debt.

  • CNMV Confirms 6-Month Ban on Enel/Acciona Endesa Bid Tuesday, 27 Mar 2007 | 6:03 AM ET

    Spanish market regulator CNMV said it had taken note of Enel and Acciona's joint takeover plan for Endesa and reiterated no bid could be made for six months.

  • Fastweb Board: Swisscom's Bid Is Fair Monday, 26 Mar 2007 | 1:44 PM ET

    Italy's second-largest telecom company Fastweb said Monday its board considers a 47 euros ($62.35) per share offer by Switzerland's largest telephone company Swisscom as fair and considers it a good development opportunity.

  • The top two shareholders in Spain's biggest utility Endesa trumped a 42.3 billion euro ($56.4 billion) bid by E.ON on Monday, offering one euro per share more than their German rival. Enel and Acciona, which together own 46% of Endesa, will offer 41 euros a share to buy out the Spanish utility after E.ON raised its offer for the third time to 40 euros a share in a last-ditch attempt to fend them off.

  • Here some of Friday's big movers on European stock markets

  • AXA to Buy Half of Monte dei Paschi Insurance Unit Friday, 23 Mar 2007 | 8:18 AM ET

    AXA, France's largest insurer, said Friday it agreed to buy half of Banca Monte dei Paschi di Siena's insurance and pensions unit for 1.15 billion euros ($1.54 billion) in cash.

  • Italy's Enel said Friday it is in "advanced" talks with partner Acciona about a possible offer for Spain's Endesa should an extant offer from E.on fail.

  • UniCredit Fourth-Quarter Profit Soars Thursday, 22 Mar 2007 | 9:21 AM ET

    UniCredit said Thursday that fourth-quarter net profit more than tripled, boosted by good volume growth in Italy and Central Eastern Europe and higher net interest income.

  • European Stocks to Watch Friday, 16 Mar 2007 | 11:37 AM ET

    Here some of Friday's big movers on European stock markets: Boehler-Uddeholm, Verbund, Thomson, Bekaert, Imperial Tobacco, Unilever, TUI, Dexia and Pirelli.

  • European Stocks to Watch Thursday, 15 Mar 2007 | 10:34 AM ET

    Here some of Thurday's big movers on European stock markets: Altadis, Imperial Tobacco, Pirelli, Cap Gemini, Swedish Match, Omega Pharma and AstraZeneca.

  • Power supplier Enel said Monday it has signed a share swap deal with merchant bank Mediobanca to buy a further 2.98% of sought-after Spanish electricity company Endesa.

  • Swisscom, the former state telecommunications monopoly, said Monday it offered to buy Fastweb, Italy's second-largest fixed-line phone company, for 3.7 billion euros ($4.9 billion) to expand into the Mediterranean nation.

  • Telecom Italia Reports 6.3% Decline in Net Profit Thursday, 8 Mar 2007 | 12:48 PM ET

    Telecom Italia  said Thursday that full-year net profit fell 6.3% on declining margins and tighter competition in the domestic wireline market.

  • European Stocks to Watch Thursday, 8 Mar 2007 | 10:48 AM ET

    Here some of Thursday’s big movers on European stock markets: Bwin Interactive Entertainment, Sidenor, William Demant, Sacyr Vallehermoso, Pernod Ricard, Carrefour and TUI.

  • Enel Shares up on Report of E.ON Move in Endesa Row Monday, 5 Mar 2007 | 7:00 AM ET

    Enel shares outperformed a falling European stock market on Monday on a report Germany's E.ON could buy shares in its Italian rival as a bargaining tool in their battle over Spanish power firm Endesa.

  • Prodi Re-Confirmed Italy Prime Minister Friday, 2 Mar 2007 | 11:51 AM ET

    Italian centre-left leader Romano Prodi was re-confirmed as prime minister on Friday when he won a second and final confidence vote in parliament, ending a political crisis and ensuring there will be no snap election.

  • Italy's Enel Boosts Stake in Spain's Endesa Another 7% Thursday, 1 Mar 2007 | 8:34 AM ET

    Italy's former power monopoly Enel announced Thursday that it has boosted its nearly 10% stake in Spain's Endesa by another 7%, through a share swap deal with UBS.

  • CNBC's Domm: Today's Agenda in the Market Thursday, 22 Feb 2007 | 7:04 AM ET

    Early buying interest is putting a firm foundation under stocks so far this morning. European stocks are moving up on earnings news, and Japan ended higher, comforted by comments that the Bank of Japan will move slowly with any further rate increases.