Commerzbank chief to forgo bonus
Chief executive of German bank, which is part-owned by the German state, warns of tough year ahead as it reports just €6m net income for 2012 FT.com – European companies…
AB InBev offers Modelo deal concessions
Move addresses biggest concerns raised by US government over the Leuven-based group’s bid to take full control of the Mexican brewer FT.com – European companies…
Morrison pulls salami products
Supermarket chain withdraws two cured meat products by supplier Dinos Continental Foods in 11 stores FT.com – European companies…
ABB: pricing pressures ease
The power and automation group’s 2012 results suggest that the tide for its businesses is turning, but uncertainties still linger FT.com – European companies…
Asahi seeks damages over NZ deal
In an unusual move for a Japanese company, the brewer sues two buyout groups over its purchase of Independent Liquor in 2011 FT.com – European companies…
EU moves to reassure consumers on safety
Emergency meeting attended by seven member states, led by the UK and France, and European Commission plots response to horsemeat scandal FT.com – European companies…
Dutch horsemeat trader convicted in 2012
Businessman found guilty of relabelling South American horsemeat as German beef for resale and sentenced to at least nine months in prison FT.com – European companies…
Switzerland imposes capital buffer on banks
First big financial centre to force banks to hold extra capital to calm overheating parts of the economy in the face of a continuing housing market boom FT.com – European…
ING unveils 2,400 fresh job cuts
Dutch bancassurer presses on with cost cuts after a ‘transformational year’ as it reports fourth-quarter profits up a fifth on the prior year FT.com – European companies…
Kengeter set to leave UBS in shake-up
Baton passed as head of bank’s non-core and legacy portfolio to Sam Molinaro, according to an internal memo seen by the Financial Times FT.com – European companies…
