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China mulls probe of car imports from EU

China threatens to extend trade spat with EU to luxury cars, ratcheting up battle over market access that has seen clashes over solar panels and wine European companies…

Frozen products supermarket makes headway

Some supermarkets have struggled with Wm Morrison and Tesco reporting falling like-for-like sales but the frozen products group made headway European companies…

Royalty Pharma raises Elan offer

The US private equity group raises its offer for Elan to as much as $ 8bn after failing to secure enough acceptances for an earlier bid European companies…

Credit Suisse weighs options on German arm

Swiss bank is considering a sale of part of its German wealth management unit, as it seeks to boost profitability of European onshore businesses European companies…

Spanish banks face energy refinancings

Madrid calls in leading banks, including Santander and BBVA, to notify them of a fresh round of cuts ahead of a power sector overhaul in June European companies…

EU Libor plan that ends self-regulation

Broad sweep of the blueprint – covering thousands of benchmarks – and the intrusiveness of some rules worry both providers and users European companies…

KKR moves into European property market

US private equity group becomes first-time buyer with its purchase of three retail parks in Oxford, Glasgow and Sunderland for £112m European companies…

SNS Reaal posts €1.6bn first-quarter loss

Nationalised Dutch bancassurer hit by property woes – including an impairment of €2bn – as it moves to recognise massive losses on real estate assets European companies…

Akhmetov buys Ukrtelecom for $1bn

Move “troubling in the sense that it underpins how too much of Ukraine’s assets are falling into too few hands, limiting competition,” an analyst says European companies…

Meda falls 8.1% on denial of merger talks

Reports had suggested Sun Pharma was in talks to launch a bid that would have valued the Swedish pharmaceuticals group at more than $ 4bn European companies…