Bloomberg Rallies in the pound are proving tough to sustain as recent opinion polls puncture investor confidence that the U.K. will choose to remain in the European Union in the June 23 referendum. Sterling rose versus the dollar on Thursday after dropping the previous two days as surveys released this week signaled the ‘Leave’ camp pulling ahead of the ...

  Netherlands / AFP US delivery giant FedEx now owns over 98 percent of Dutch rival TNT, the two companies announced on Thursday as they move to complete a key $4.4 billion tie-up after winning EU approval. The deal unveiled in April 2015 came two years after the European Commission, the European Union’s powerful executive arm, had torpedoed a bid ...

  Bloomberg Swedbank AB, which is doing more corporate bond issues in the Nordic region this year than any other bank, says the share of Swedish companies’ debt market funding will more than double as higher capital requirements make bank loans more expensive. About 15 percent of corporate funding in the Nordic region now comes from the capital markets, Elisabeth ...