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Turkcell board move attacked

Minority shareholder TeliaSonera has criticised plans by a Turkish regulator to gain a majority of seats on the country’s leading mobile group European Companies News…

SNB opens branch in Singapore

Swiss central bank’s decision to open a branch in Singapore is a coup for the city state as it seeks to bolster its position as a financial centre European Companies…

Roche to end trials of diabetes drug

Swiss pharmaceuticals giant declined to comment on the cost of closing down its aleglitazar trials, which were in a late testing stage European Companies News…

Telecoms groups pan EU roaming plan

Executives see plans for a single market as little more than ‘a headline grabbing move’ that does little to address broader investment issues European Companies News…

QIA’s chief joins Russian fund’s board

Move by Russia’s state-backed fund to appoint head of Qatar’s sovereign wealth fund indicates potential co-operation between the two investors European Companies News…

UBS overtakes BofA in wealth management

Swiss bank has increased its assets under management 9.7% in the past year to $ 1.7tn, helped by client money growth in emerging markets European Companies News…

EU takes Russia to WTO for first time

Brussels officials say a levy to cover recycling costs is a protectionist ploy in environmental disguise because it applies only to imported vehicles European Companies News…

L&G chief hits at EU regulatory framework

Chairman of European Insurance and Occupational Pensions Authority defends Solvency II, arguing it was ‘still possible’ it would be ready by 2016 European Companies News…

Carlyle looks to list Spain’s Applus

Private equity group is set to select advisers for a Madrid or London flotation of the industrial testing company, although a sale remains an option European Companies News…

German companies to enjoy cheaper funding

Credit-starved periphery will have more limited access to cheap borrowing, reflecting lingering fragmentation among the region’s businesses European Companies News…