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Phoenix shares climb on Swiss Re talks

UK group eyes tie-up with subsidiary of Zurich-based insurer, which would create a company with an enterprise value of more than £4bn European Companies News…

Markets can crowdfund the recovery

The challenge of getting savings from investors to entrepreneurs in a timely, cheap and efficient way can be tackled through ‘disruptive technology’ European Companies News…

What can I do about an overvalued acquisition?

We trusted the figures from the accounts when agreeing the purchase price of a company, but these now appear to have been inflated. Can I sue for overvaluation? European Companies…

Equipment blamed for French train crash

The deadly intercity train crash south of Paris was caused by a detached connector between rails not human error, according to SNCF European Companies News…

Week in Review, July 13

Ashley Almanza faces huge PR challenge; NYSE Euronext chosen to operate Libor; M&S disappoints on high street; GlaxoSmithKline defends China claims; and more European Companies News…

China lifeline for UK nuclear project

State-owned SNPTC expresses interested in investing in NuGen after Spanish and French groups cut stakes in the consortium European Companies News…

UK nuclear sector set for stake sale boost

Spain’s Iberdrola and France’s GDF Suez have started talks with potential new investors to buy all or some of their shares in NuGen venture European Companies News…

Swiss regulator winds back on Swatch deal

Watchmaker told reduction of supplies of key components to its rivals would be ‘premature’, though it agreed there should be a reduction in ‘principle’ European Companies News…

Phoenix sounds out Swiss Re on tie-up

UK life assurance vehicle, backed by entrepreneur Hugh Osmond, in preliminary talks over a deal with rival Admin Re after refinancing in January European Companies News…

Nokia fires new round in smartphone fight

Finnish group is seeking to differentiate latest handset, the Nokia Lumia 1020, from rivals partly by packing it with advanced digital camera features European Companies News…