MTS buys into Russian bank
Russian mobile operator pays about £100m to take stake in bank, allowing it to offer financial services such as credit and insurance to customers FT.com – European companies…
Singapore traders suspended by UBS
Move by the Swiss bank comes in the course of an internal investigation into the company’s role in the possible manipulation of interbank lending rates FT.com – European companies…
Dyson files claim against Bosch
UK appliance maker starts legal proceedings saying that the German group unlawfully obtained secret electric motor technology FT.com – European companies…
SAP lifts key target after cloud boost
German group’s software revenues climb 17% in the third quarter as it raises full-year guidance to reflect $ 4.3bn acquisition of Ariba FT.com – European companies…
France nears deal to rescue Peugeot
Paris set to provide €5bn-€7bn of guarantees for the carmaker’s lending arm in what would be its biggest intervention in the car industry since 2009 FT.com – European companies…
Airlines lose delay compensation appeal
European Court of Justice rules people whose flights are severely delayed are entitled to same payments as those whose flights are cancelled FT.com – European companies…
French banks lobby against reform
Banks want to limit hived-off activities to those which form only a small part of their operations and retain their market-making service FT.com – European companies…
Deals that turned wheel of fortune for Rosneft
The two-part deal in which the state oil group will acquire 100% of TNK-BP will rank as Russia’s biggest mergers and acquisitions deal FT.com – European companies…
Ikea eyes kitchen recycling in green push
The Swedish furniture retailer unveils its sustainability drive to 2020, in which it tries to give concrete targets for several undertakings FT.com – European companies…
Megafon postpones its London offering
Russian mobile phone group has put on hold plans to raise up to $ 3bn in what has been seen a test case for foreign investor sentiment towards Russia FT.com…
