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Michelin / Goodyear: plenty of air left

Tyremakers suffer rough ride but they are adapting to the tough conditions and shares have soared as their defensive qualities prove attractive FT.com – European companies…

Mr Clean’s arrest knocks Finmeccanica

‘Decapitation’ limits the Italian group’s room for manoeuvre as it deals with a difficult situation made worse by the downturn in the defence market FT.com – European companies…

Hollande cracks down on horsemeat scandal

Romania strikes back at French claims of fraud as François Hollande calls for stiff penalties over beef products contaminated with horsemeat FT.com – European companies…

FDA rejects Novo Nordisk insulin remedy

Shares in Danish drugmaker fall 13%, wiping DKr80bn from its market value, as US watchdog requests further tests into potential heart risks FT.com – European companies…

Turkish bourse chief has ambitious plans

Ibrahim Turhan wants to finalise a strategic tie-up with a foreign partner by midyear and to take the stock exchange public by 2015 FT.com – European companies…

Telefónica shelves LatAm float

Heavily indebted telecoms operator given breathing space following a successful debt sale last month on improving investor sentiment towards Spain FT.com – European companies…

What Monte dei Paschi says of banking

The drama at the Italian lender has broader significance as regards the state of European banking and the financial crisis, says Lucrezia Reichlin FT.com – European companies…

Few bargains to be found in Europe

The cash spent on buybacks and dividends combined comes to much the same yield on either side of the Atlantic FT.com – European companies…

Horsemeat scandal reverberates across Europe

Probe in to the scandal so far have revealed a tortuous supply chain spanning several countries, with the companies involved scrambling to shift the blame FT.com – European companies…

Gazprom sets aside $4.7bn for rebates

Person close to Russian gas monopoly, which has been hit by a fall in ‘spot’ gas prices, said the cover was a maximum estimate of potential refunds FT.com – European…