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ASML expects net sales to grow to $14.9bn by 2020

Bloomberg ASML Holding, Europe’s largest semiconductor equipment ma-ker, expects net sales to grow to 13 billion euros ($14.9 billion) by 2020, up from a previous forecast of 11 billion euros. The company already expected sales to reach the 11-billion euro mark for 2018. In a statement kicking off its investor day, ASML’s management said it expects to continue to return ...

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Americans seek realty gain from Brexit chaos

Bloomberg Quay House in London’s Canary Wharf is a two-story glass box nestled among some of the tallest buildings in Europe. Its latest owners have grand plans, potentially transforming it into a hotel closer in height to its 600-foot neighbours. The property is the first acquisition from FirethornTrust, a firm backed by two billionaire American families: the Van Tuyls, who ...

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Italy gets a warning from the 14th century

If you needed extra proof that Italy’s public debt is the main event in Europe, look no further than a document released last week by the so-called ‘New Hanseatic League’—a group of eight fiscally cautious eurozone countries named in homage to the group of northern European trading powers whose zenith was in the 14th century. The modern-day evocation of the ...

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