Offset deals spark calls for transparency
Defence groups face increasing pressure to self regulate their sweeteners or face controls as the offsets market is expected to reach $ 500bn European Companies News…
Russian forests felled illegally, says report
EIA estimates about 80% hardwood logged illegally in a report that could become a new test case for whether such felling can be stopped by policing vendors European Companies News…
Peugeot in talks with China’s Dongfeng
PSA Peugeot Citroën is in talks to sell a significant stake to Chinese carmaker Dongfeng as the French group steps up its fundraising efforts European Companies News…
MTR on track for Beijing rail deals
The Hong Kong metro rail group is in talks to operate two new lines in China’s capital, including a high-speed link to the new international airport European Companies News…
Sabic to invest in US petrochemicals
World’s largest petrochemical manufacturer by market value in talks with potential partners on producing products from fertilisers to fuel additives European Companies News…
Ailing banks are elephant in the room
Crippling recession, the European sovereign debt and a decade of economic stagnation have taken their toll on Italian banks’ balance sheets European Companies News…
Celesio: drug taker
McKeeson is in talks to buy Celesio, which recently announced a small profit warning. Now does not look a good time to buy the German drug distributor European Companies News…
Cargill in final talks on ADM cocoa unit
Combination of Cargill and ADM would catapult the merged operations to the top spot with more than 35 per cent of the $ 13bn market European Companies News…
Alcatel-Lucent to cut 10,000 jobs
About 900 job losses will be in France, although the struggling telecoms equipment maker also plans to create 5,000 new positions in growth areas European Companies News…
EU to act on claims of forex manipulation
EU competition commissioner Joaquín Almunia says activities that could amount to a ’violation of competition rules have been brought to his attention’ European Companies News…
