View of Landesbanks ‘to change radically’
The chief executive of one offers a vehement defence of the sector, saying that without them ‘transformation in the German economy will not be possible’ European Companies News…
Mediobanca unveils plan for stakes sale
Chief executive’s radical plan to quit shareholder pacts is the biggest shake-up at the bank since it was founded in 1942 to protect Italian interests European Companies News…
Melrose’s Italian sale speeds up disposals
Should Marelli Motori and other disposals be completed successfully, Melrose’s market capitalisation would fall sufficiently to drop out of FTSE 100 European Companies News…
Demand for tablet computers boosts Dixons
Electrical retailer also benefits from collapse of rival Comet, but suffers writedowns at its struggling Pixmania e-commerce business European Companies News…
Eurotunnel fees too high, rules Brussels
Brussels Commission to tell UK and France, which oversee the operator of the Channel tunnel, that they are in breach of European regulations European Companies News…
Dolce and Gabbana guilty of tax evasion
Two Italian fashion designers have been handed suspended sentences and a nearly €500m fine by a court in Milan for evading taxes European Companies News…
H&M profits miss analyst expectations
Chief executive cites combination of poor weather, ongoing difficulties for fashion industry and IT investment for the company’s weak results European Companies News…
Rise reported in competition for staff
Managerial and professional vacancies are the hardest to fill, followed by technical specialists, especially in manufacturing and production European Companies News…
Liberty plans to offer assets in Kabel bid
Media group has proposed to inject existing German cable assets and keep KDG’s public listing, two people familiar with the move said European Companies News…
Accounts rules create insurer uncertainty
Rules aimed at making opaque accounts more comprehensible to investors set to create further uncertainty amid new capital requirements European Companies News…
