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Rabe catches lucky break at Bertelsmann

Pearson deal to combine Penguin with Random House will see the German media group’s chief lead the world’s largest consumer publisher FT.com – European companies…

UPS faces uphill fight over TNT Express

Charge-sheet rejects UPS arguments that the tie-up of two of the world’s four largest delivery groups would leave European market highly competitive FT.com – European companies…

UBS cull sits uneasily with caring words

Perhaps the risk of being sacked inhumanely is part of the deal when you go into investment banking, to be offset against generous financial rewards FT.com – European companies…

Merck halts supply of cancer drug to Greek hospitals

Publicly-owned hospitals in some of the countries worst hit by the euro zone debt crisis have been struggling to pay their bills, Merck says FT.com – European companies…

Adoboli wishes he had asked for help

The former UBS trader describes how he ‘lost control’ of his trades and tells a London court how he had wished he had asked for help FT.com – European companies…

Boost for $80bn Glencore-Xstrata merger

ISS’s support increases chances that investors will approve the deal, which would create one of the world’s largest natural resources groups FT.com – European companies…

Shrinking banks benefit on capital charge

RBS, Crédit Agricole, BofA and BNP received smaller surcharges than analysts expected, and Lloyds, Commerzbank and Dexia were dropped from the list FT.com – European companies…

Irish ex-billionaire jailed for contempt

Sean Quinn Sr handed nine-week sentence as part of legal battle between his family and the lender at the centre of the country’s financial crisis FT.com – European companies…

Rosneft gas deal turns up heat on rivals

Deal signals a changing landscape in Russia’s gas sector, where Rosneft will pose a formidable challenge to both Novatek and Gazprom FT.com – European companies…

Ryanair increases reserved seats

Low-cost carrier seeks to charge for more services after rival easyJet rolled out allocated seating across all flights FT.com – European companies…