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Commerzbank loses €50m bonus battle

UK Court of Appeal finds in favour of 104 investment bankers who claim they are entitled to payouts that were promised at meeting in 2008 European companies…

Pegasus Airlines listing takes to air

Turkish low-cost carrier’s stock rises by more than 2 per cent on its first trading day in IPO that is latest sign of the country’s aviation ambitions European companies…

Russia’s VTB set for $3.3bn share offer

Secondary offering for Moscow only comes as the lender fights to improve its image among investors following scandals and a fall in share price European companies…

PwC eyes bid for Roland Berger

World’s biggest auditor and consultant by fee income also expresses interest in buying all or part of Booz & Company, another management consultant European companies…

Buyout owners exit Dutch cable group

The private equity owners of Ziggo have sold their remaining shares at a discount, leaving John Malone’s Liberty Global as its largest shareholder European companies…

Pride keeps Italian luxury brands isolated

Unrivalled success in the creation of names such as Armani and Prada has not led to conglomeration of groups able to take on the sector’s global leaders European companies…

Ferrovial quarterly earnings soar to €100m

Solid performances from North American toll roads and Heathrow airport, where traffic rose to 16m passengers, lift net profits for Spanish group European companies…

Randstad rallies on improved outlook

Shares rise more than 8% after the recruiter reported earnings margins had declined very little despite the weak economies in Europe and in the US European companies…

SFO launches criminal probe into ENRC

Investigation by the Serious Fraud Office comes as founding shareholders consider bid to take the Kazakh-based, FTSE 100 mining group private European companies…

Slovenia struggles to quell bailout talk

Cosy relations between banks and politicians as well as tentative efforts to overhaul economy lead to speculation over need for EU aid European companies…