Card fees ruling sparks charged emotions
The Commission’s move to cap interbank fees for card transactions, after 20 years of grinding antitrust action, came with a flourish and a sting European Companies News…
Greek shipowner faces fraud charges
Victor Restis is accused of embezzling €5.8m from First Business Bank, a small private lender in which his family held a 64 per cent stake European Companies News…
Swatch: shopping spree
The Swiss group, maker of both Omega and plastic timepieces, has been shopping. But the most eye-catching purchases may not be the most significant European Companies News…
Drug companies to release trial details
EU and US companies agree to share data with independent researchers but balk against making the details public or available to competitors European Companies News…
Telefónica to buy KPN’s German business
Telefónica will emerge as Europe’s second-biggest mobile operator after agreeing to buy KPN’s German arm for €5bn in cash and shares European Companies News…
Bentley invests £800m in UK car industry
Move follows similar decisions by premium brands to invest in UK car factories, reinvigorating an industry thought to be on its last legs a decade ago European Companies News…
Key figure in SAP’s technical revamp
Vishal Sikka has been instrumental in new approaches aimed at breaking down embedded culture that has been a strength and a liability for the company European Companies News…
Bank loans out of favour with EU groups
Just under half of the €495bn new debt funding for European companies this year has been from the loan markets, the smallest ever proportion European Companies News…
Telefónica in talks to buy KPN’s E-Plus
The two groups are negotiating details of a deal that could value the combined entity at €16bn, with board meetings said to be taking place on Monday European Companies News…
Regulators propose tougher audit rules
The Competition Commission suggests a mandatory five-year rotation of auditors for Britain’s biggest companies, in a hardening of the current guidance European Companies News…
