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Hitachi agrees UK nuclear purchase

Sale of UK project to Japanese technology group for more than double the expected price is a big vote of confidence in Britain’s nuclear sector FT.com – European companies…

Spanish lenders face writedowns

Lenders are to transfer real estate assets to a new ‘bad bank’ at lower values though analysts said the discounts were in line with expectations FT.com – European companies…

TNT Express quarterly income falls 12%

Dutch delivery group awaits Brussels’ demands over UPS deal as its performance improves in Asia-Pacific and the Americas but suffers in Europe FT.com – European companies…

UBS shake-up will ask questions of rivals

Analysts say the move will put pressure on subscale banks to restructure and accelerate market share gains by those that dominate fixed income trading FT.com – European companies…

Atradius seeks to reassure with new rating

Insurer whose credit ratings S&P this month cut to near ‘junk’ status, has moved to calm clients by securing a stronger assessment from Moody’s FT.com – European companies…

News Corp in Penguin approach

German media group and owner of Random House could struggle to find the funds to mount a counter-bid for the UK-based publisher FT.com – European companies…

Tearful UBS trader rejects charges

Former UBS trader Kweku Adoboli starts his defence against claims of unauthorised trading that caused $ 2.3bn of losses at the Swiss bank FT.com – European companies…

A fix for Europe’s broken car industry

The sector needs to set off on the road to restructuring, and governments should get out of the way FT.com – European companies…

Olver’s successor has big shoes to fill

Chairman is widely admired for turning BAE round from the dark days when he took over in 2004 but is expected to step down in May FT.com – European companies…