Globaltrans expansion drive hits profits
Russian rail freight operator sees revenues rise but earnings slip after heavy borrowing to boost presence in sector FT.com – European companies…
Bankia shares plunge on capital injection
Spanish lender tumbles as much as 50% following the finalisation of a €15.5bn recapitalisation of the now nationalised bank FT.com – European companies…
Support for Russia-Ukraine football tie-up
Blueprint for super league across the post-soviet Commonwealth of Independent States backed by offer of $ 5bn in potential Gazprom sponsorship FT.com – European companies…
INM faces its ‘most critical phase’
Denis O’Brien, Ireland’s richest man, blames the group’s previous management for the vulnerable state in which the company has found itself FT.com – European companies…
Two titles set to charge for access to news content this year
At least a dozen newspapers have closed over the past three years amid a 25 per cent slump in advertising, falling circulation and online competition FT.com – European companies…
Volvo discovers sales distortions in China
Swedish carmaker has changed its incentive programme for dealers in China after it found out that sales figures in 2011 were overstated FT.com – European companies…
Shell’s Alaska exploration executive quits
Royal Dutch Shell said David Lawrence, in charge of Alaskan campaign, is quitting less than a month after Anglo-Dutch major abandoned drilling plans FT.com – European companies…
Bang & Olufsen: above the sound waves
The Danish audio and visual electronics group is finding it difficult pursuading customers its TVs and sound systems are much better for the price FT.com – European companies…
Axa agrees private equity spin-off
French insurer close to agreement to sell majority stake to group led by management, under Dominique Senequier, in deal valuing unit at about €500m FT.com – European companies…
EU bonus pay debate steps up gear
European lawmakers gave final seal of approval to caps on bankers’ pay and reveal plans to extend limits to the asset management industry FT.com – European companies…
