Lufthansa cancels flights amid strike
The German airline is in the midst of a cost-cutting programme aimed at improving profitability which involves staff cuts and some pay freezes FT.com – European companies…
Cyprus crisis: The four scenarios
The island’s parliament has rejected the proposed bailout plan but its options for getting its banking system back on its feet are limited FT.com – European companies…
Software claim dropped in Ikos legal battle
Victory in IP fight for Coward against wife Ambrosiadou in court tussle over the ownership of trading codes used by the hedge fund FT.com – European companies…
US probes Microsoft China bribery claim
Company vows to co-operate with Department of Justice and SEC over allegations employees offered kickbacks to officials in China, Romania and Italy FT.com – European companies…
Peugeot chief gets taste for a bumpy ride
Philippe Varin’s appetite for a challenge is being tested at the French carmaker which is trying to make painful job cuts amid dismal car sales FT.com – European companies…
Free Mobile founder defends low-cost model
Niel highlights investment and job creation in France as he seeks to counter criticism that his telecoms network has seriously damaged the industry FT.com – European companies…
Levy plan ‘bleak day for banking union’
Investors rattled that terms of bailout seem to tear up the principles of creditor hierarchy, setting a precedent that could be replicated elsewhere in eurozone FT.com – European companies…
Ziggo owners sell down holdings
Owners of Ziggo are selling down their holdings in the Dutch cable provider for as much as €1bn amid greater market uncertainty in Europe FT.com – European companies…
AstraZeneca cuts 1,600 jobs in UK and US
Pharma group to take $ 1.4bn charge as restructuring will see shift from Alderley Park to new research hub and global HQ in Cambridge FT.com – European companies…
Luxury carmakers in China digital drive
Companies are turning to social media and digital technology to promote their marques in what will soon become the world’s largest premium car market FT.com – European companies…
