High food prices could be here to stay
Black tea showed biggest price rise since January as bad weather in key regions triggered a strong rally across most of the agricultural commodities FT.com – European companies…
ArcelorMittal to take $4.3bn goodwill writedown
The world’s biggest steelmaker by sales is forced to take a goodwill impairment charge as steel demand in Europe falls 8 per cent this year FT.com – European companies…
Chinese trail in top CEO rankings
Apple founder Jobs heads Harvard Business Review list that indicates that mainland Chinese companies still have work to do to catch global rivals FT.com – European companies…
Failure to reform costs UBS dearly
Regulators’ investigations find that five separate internal audits at UBS over several years did not spot the rate fixing FT.com – European companies…
Deutsche Telekom chief to step down
René Obermann is well regarded in Germany, though his last significant act will be remembered as failed attempt to merge company’s US arm with AT&T FT.com – European companies…
Seven bidders confirmed in 4G auction
Seven bidders, including Vodafone, O² and EE, have joined the auction for 4G spectrum that will be sold off by the British government next year FT.com – European companies…
UBS pays price for ‘epic’ Libor scandal
Swiss group agrees deal with UK, US and Swiss regulators as part of a settlement over allegations it tried to manipulate interest rates FT.com – European companies…
UBS dogged by series of disasters
A decade and several scandals later, the Swiss lender’s ambition to be the world’s top global investment bank is long gone FT.com – European companies…
Telecoms equipment – capex in hand
The sector has performed well recently, but when the cold light of 2013 dawns, will prospects will look rather less twinkly? FT.com – European companies…
Spotlight swings to interdealer brokers
Regulators allege that employees at market-making institutions actively ‘colluded’ with rate-fixing efforts – and were handsomely rewarded FT.com – European companies…
