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Christie’s confident over China auction

International auction house plays down the impact of China’s economic slowdown as it prepares this week for its first sale on the mainland European Companies News…

Kremlin sells Kalashnikov stake

The Russian government sells just under half its stake in the gun maker to two private buyers as part of a broader restructuring of the arms industry European Companies News…

Axa eyes sale of ingredient maker Diana

Auction by buyout group of the French company is expected to generate interest from Blackstone, BC Partners, Cinven, PAI Partners, and Charterhouse European Companies News…

Bankia to axe 800 external directors

The nationalised Spanish bank is purging hundreds of external directorships across its network of industrial holdings European Companies News…

Legal star rises in fashion firmament

The fashion world, currently packing its bags as the shows move on to Paris, is settling in to watch at least two legal dramas for the long-haul European Companies News…

Mobile executives

Change-of-control clauses create perverse incentives. Executive contracts are so well padded with compensation that they do not need this protection European Companies News…

VW turns to new model for US growth

The German carmaker is continuing to ‘work on the foundation’ of growth in the US, including developing a seven-seat sports utility vehicle European Companies News…

CEOs told to take on long-term incentives

Top 10 shareholder in a third of FTSE 100 groups wants companies to raise the time executives must hold shares from three years to five before selling European Companies News…

Anger at Elop’s Nokia pay off spreads

Political intervention over €19m award shows how Finland’s mood has soured over deal to sell once world-leading phones unit to Microsoft for €5.44bn European Companies News…

O’Leary promises a kinder, gentler Ryanair

Concern voiced by investors that poor customer relations and aggressive attitude are putting off potential passengers European Companies News…