Xi turns to Russian for first foreign trip
China and Russia in symbolic tie up to forge closer links in mutual opposition against what they see as the ‘unipolar’ world order led by US FT.com – European companies…
Laiki pays price for Greek over-reach
The ignominious turn in the bank’s fortunes is an apt symbol of Cyprus’s own fortunes, as the bank is the first placed under administration FT.com – European companies…
Credit Suisse chief’s pay rises to SFr7.8m
Brady Dougan’s reward up a third despite a fall in annual net profit and as the Swiss bank introduced a tight cap on executives’ bonuses FT.com – European companies…
Cyprus confiscation could happen in UK
Budget shows the UK is travelling in the wrong direction and once bank deposits become a legitimate target there’s not much the ordinary citizen can do FT.com – European companies…
EU seeks cap on fund managers’ bonuses
New rules highlight the growing determination of European politicians to crack down on perceived excesses in the financial sector FT.com – European companies…
Rosneft and BP plan Arctic projects
Plans are a relief to BP, whose earlier attempt to strike a strategic alliance with Rosneft was stymied by opposition of its Soviet-born oligarch partners in TNK-BP FT.com – European…
French carmakers diverge on cost-cutting
Renault and Peugeot’s future rests on global production and sales and more restructuring at home than politicians and trade unions wish to acknowledge FT.com – European companies…
Late spring hits H&M net profit
Swedish fashion retailer ups its expansion plans again despite cold weather in Europe hurting sales and delaying the start of its spring collection FT.com – European companies…
Scandinavia: Model management
Swedish business is being cast as a model for long-term stability and growth but critics fear this approach might not work elsewhere. By Richard Milne FT.com – European companies…
Cyprus orders banks to shut until Tuesday
Infighting is hampering Cypriot officials from finding an alternative plan to avert a banking collapse, with all back-up plans so far rejected FT.com – European companies…
