Vodafone-Verizon race switches gears
Close personal relationship of CEOs has done little to disguise tensions over how to resolve one of the M&A world’s great stand-offs European Companies News…
Vivendi trims TV and telecoms forecasts
French conglomerate more upbeat on Universal Music and says the proceeds from asset sales will more than halve net debt to about €6.5bn European Companies News…
Ackermann steps down at Zurich Insurance
Chairman takes ‘share of responsibility’ after suspected suicide this week of Pierre Wauthier, the Swiss group’s chief financial officer European Companies News…
American and Alitalia fined over cartel claims
Cade said it would fine groups and seven individuals a total of just over R$ 293m over alleged cartel, which it said operated between 2003 and 2005 European Companies News…
Cemex swaps cement assets with Holcim
Juan Pablo San Agustín, Cemex executive committee member, said the deal was “transformational for the industry in Europe” European Companies News…
Paddy Power profits rise 12%
Bookmaker warns of potential impact of fall in Australian dollar and proposed changes to UK and Ireland tax regimes against gambling groups European Companies News…
Ryanair told to cut Aer Lingus stake
Low-cost carrier vows to appeal against Competition Commission ruling that ordered is to sell down its 29.8% holding in rival to 5% European Companies News…
Uralkali chief arrest sparks potash tension
The arrest of the Vladislav Baumgertner shows how almost all major business disputes in Russia is accompanied by someone going to jail European Companies News…
Supercell plays with Android move
The ‘Clash of Clans’ maker is considering bringing its iPhone games to Google’s operating system, as it seeks to become a global mobile company European Companies News…
German Ifo survey rises to 16-month high
The influential Ifo survey on Tuesday revealed sentiment riding high, but there are still questions over emerging markets and slowing Chinese growth European Companies News…
