WPP: it all ads up
Results from the world’s biggest advertising group show that the sector is surprisingly resilient, but companies may need to keep winning ugly for a while yet FT.com – European companies…
Sales of large vehicles boost GM and Ford
GM’s US sales were 7% up on February 2012 and Ford’s were 9.3% higher year-on-year though Chrysler’s sales slowed sharply to 4% FT.com – European companies…
The case of Brussels and banker bonuses
The European Parliament has found a way to attack the UK that is sure to be favoured by much of the British public, writes Martin Wolf FT.com – European companies…
Thales lifts profits and eyes EM growth
Defence electronics group’s shares are up 12% after profits beat expectations, while new chief executive Jean-Bernard Lévy unveils a strategic review FT.com – European companies…
Week in Review, March 2
Airline chief seeks to pilot Iberia’s recovery, Spain’s corporates suffer a dire week, and horsemeat continues to turn up in unexpected places FT.com – European companies…
Letter from Lex: impractical joke
Italy threatens to reignite the eurozone crisis as bankers suffer more fallout from the financial crisis FT.com – European companies…
Bertelsmann takes control of BMG
The deal, which values music rights management business at €1.2bn, re-establishes German media group as a major player in music industry FT.com – European companies…
Paulson to oppose telecoms merger
Paulson backs strategic merits of transaction but warns the merged company would have ‘too much debt at too high an interest rate to be competitive’ FT.com – European companies…
Banks fear fallout over EU bonus cap
Executives at large European lenders said they were at risk of losing key traders and managers to US and other international rivals FT.com – European companies…
Iberia charge pushes IAG to €997m loss
Chief executive Willie Walsh says that the airlines group must stem cash losses after a €343m impairment charge on its Spanish arm FT.com – European companies…
