Book groups begin difficult chapter
The creation of a larger market leader through a merger of Random House and Penguin is likely to guarantee close scrutiny from competition authorities FT.com – European companies…
UBS plans to cut up to 10,000 jobs
Move highlights how banks around world trying to adapt to radically changed regulatory and market environment, lower returns and higher capital needs FT.com – European companies…
EU closer to new rules for resource groups
Regulations for mining, oil and gas companies to disclose payments to governments for individual projects is a step closer as states take harder line FT.com – European companies…
Writedowns and provisions hit Bankia
Spanish lender reports quarterly loss of €2.6bn while Caixabank, the listed arm of Catalan savings bank La Caixa, revealed a 42% fall in net income FT.com – European companies…
Ad agencies – not so festive
The season of goodwill may be approaching but advertising groups are not in a merry mood, with cuts to sales forecasts across the board FT.com – European companies…
Suez and Veolia talks sombre
The discussions that are under way reflect fears at the French utilities suffering from a cyclical decline in demand industrial waste services FT.com – European companies…
S&P lowers view on French banks
French banks have been the target of market fears about eurozone debt crisis and have been reducing balance sheets to conserve capital FT.com – European companies…
S&P downgrades France’s biggest bank
Ratings agency blames prospective house price falls and greater domestic competition in financial sector for its action FT.com – European companies…
Penguin and Random House in deal talks
A merger of the combined book publishing divisions would create a global market leader in response to the challenge presented by ebooks FT.com – European companies…
Credit Suisse third-quarter net falls 63%
Credit Suisse to boost its cost-cutting programme by a further SFr1bn ($ 1.07bn) as its third-quarter figures are hit by charge for buying back debt FT.com – European companies…
