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Elan steps up fight against Royalty bid

Irish pharmaceutical group announces fresh debt and acquisition plans as Royalty steps up pressure on Elan with an improved $ 12.50-a-share cash offer European companies…

Robin Hood tax: A long shot

European plans for a financial transaction levy are facing such fierce opposition that they are unlikely to survive without being watered down European companies…

Oil probe widens to trading houses

The European Commission has days sent requests for information to Swiss-based commodities traders Glencore, Vitol and Mercuria, and possibly others European companies…

Ryanair cautious despite record year

Irish low-cost airline reports buoyant revenues and pre-tax profits but warns that higher fuel costs and airport charges will put ‘downward pressure on yields’ European companies…

Asian groups stump up for European assets

Asian companies are paying more than double the price of European assets, relative to earnings as they did three years ago, a study shows European companies…

US fund Monarch to open office in London

US hedge fund has about a fifth of its $ 5.5bn under management invested in Europe and expects the figure to grow as more opportunities arise European companies…

Former head of Caja Madrid held

Spanish judges put Miguel Blesa into custody, amid a probe into due diligence regarding the takeover of City National Bank of Florida in 2008 European companies…

US energy revolution gathers pace

Approval for Freeport LNG project in Texas, the first for two years, will allow it to export to countries that do not have a trade agreement with US European companies…

Ambrosiadou wins battle over Ikos codes

UK’s High Court rules against a case brought by Martin Coward, Elena Ambrosiadou’s husband, in which he had claimed ownership of the algorithms European companies…

Spain’s pain will be longer-term gain

At least Spain, and its lenders, are beginning to address properly their non-performing loan problems. Other European countries should take note European companies…