Peugeot looks to bolster lending arm
Struggling French carmaker readies plan for Banque PSA Finance ahead of an expected downgrade of its credit rating to junk status FT.com – European companies…
CMA CGM agrees $250m investment
The Saadé family, which controls the world’s third-largest container shipping fleet, will dilute its stake to 70% with the injection of fresh equity FT.com – European companies…
SocGen to suspend some Japan activities
Regulator says corporate client trust banking unit failed to conduct sufficient due diligence on asset management companies it invested money with FT.com – European companies…
Vivendi – billionaire on board
The French media-cum-telecoms group may finally be in for some much-needed changes now that tycoon Vincent Bolloré has a seat on the board FT.com – European companies…
Promsvyazbank pulls London-Moscow IPO
Lender unable to fill order books, dealing a setback for Russian IPO hopefuls attempting to stage a return to equity capital markets this autumn FT.com – European companies…
Petrobras signs deal to produce Amazon gas
HRT’s shares surge as much as 20 per cent on news Brazil’s state-controlled oil company will draw up plan to help ‘monetise’ the natural gas reserves FT.com – European companies…
Prices fuel fears of German housing bubble
Buyers from outside Germany seeking a haven from the eurozone crisis have helped push up prices by 20% over five years in Berlin FT.com – European companies…
Setback for RBS on road to rehabilitation
The deal’s failure could have profound consequences for the lender, Spanish bank Santander, as well as reformers who aim to increase competition FT.com – European companies…
Call for N Ireland corporation tax cut
Bombardier wants local politicians to be given the power to cut the rate, saying phasing out of state employment grants threatens its ability to invest FT.com – European companies…
