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Luxury cars: lane-switching

BMW has held a stock market lead over German rival Daimler in recent years, but the Mercedes maker is putting on a new spurt European Companies News…

Bank of Ireland close to profitability

Lender signals desire to buy back €1.8bn in preference shares, though private shareholders are concerned any fundraising could dilute their stake European Companies News…

Credit Suisse sells $2.5bn ‘wipeout’ bond

Ten-year contingent convertible bond yields 6.5% per annum and is one of the biggest such deals in Europe coming after Barclays $ 3bn coco in 2012 European Companies News…

Maurice Lévy: not ready to face his swansong

With the merger of former rivals Publicis Groupe and Onmicom, the empire-building Frenchman is still enjoying his time on centre stage European Companies News…

Week in Review, August 3

McEwan banks on his people skills; EADS renames itself; Invensys backs takeover; Siemens picks Kaeser; and JPMorgan in power-fixing settlement European Companies News…

Investors Chronicle: August 2 highlights

Companies analysis from our sister publication European Companies News…

IAG welcomes signs of recovery at Iberia

Spanish airline trims losses after job cuts and 18% pay reductions for flight and cabin crew, as transatlantic traffic benefits British Airways European Companies News…

Advisers on ad tie-up to get nearly $70m

Moelis and Rothschild will garner an estimated $ 25m-$ 35m each for structuring merger as boutique advisers return to playing a bigger role in M&A deals European Companies News…

US budget cuts weigh on Intelsat

Luxembourg-based satellite group says revenues from government business slips but are up from network services and media customers European Companies News…

Shell writedown is bad news for US shale

Surprise writedown shows that results from Shell’s exploration drilling for oil in its US shale acreage have been much worse than anticipated European Companies News…