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FDP election fate hangs in balance

FDP support has collapsed countrywide after it joined Angela Merkel’s Christian Democrats in government and failed to deliver tax reform European Companies News…

Inter Milan nears sale of stake

Club owner Massimo Moratti says more talks are needed with the Indonesian businessman, who is reported to be interested in a 75% stake European Companies News…

Deutsche Bank to warn on debt market

Co-chief executive Anshu Jain is set to warn that a slowdown in fixed income trading will hit third-quarter revenues, adding to gloom among investment banks European Companies News…

CHC Helicopter to raise $400m in float

Vancouver-based CHC operates a fleet of more than 240 aircraft in 30 countries and employs 4,400 employees in 60 bases across the world European Companies News…

Finnish fury over Elop’s €18.8m award

Former Nokia chief’s bumper pay-off amounts to about €1m for every €1bn of market capitalisation Finnish group lost under his leadership European Companies News…

Old executives stops flow of new blood

Tendency to rehire the familiar has a real downside – it keeps out new voices and less conventional choices. This is not an insignificant problem European Companies News…

German court delays Ecclestone’s trial decision

A Munich court has delayed a decision on whether to pursue the case against Formula One chief executive Bernie Ecclestone to trial until next year European Companies News…

US and UK steer clear of Brazil oil auction

The auction drew only a quarter of bidders expected by the government, as concerns rise over onerous state controls in the industry European Companies News…

NY Life in talks to buy Dexia unit

Sale of asset management arm is last major disposal planned by Franco-Belgian bank and comes two months after a deal with GCS of Hong Kong collapsed European Companies News…

Westinghouse close to Sellafield deal

The Toshiba-owned group is close to finalising the purchase of a 50 per cent stake in the business owned by Iberdrola of Spain European Companies News…