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Government report hits at Peugeot errors

Review criticises senior management and founding family for their stewardship of the ailing carmaker, but calls job cuts ‘inevitable’ and ‘urgent’ FT.com – European companies…

Maersk agrees $860m Russian ports deal

APM Terminals, the Danish group’s container terminal arm, will take a 37.5% stake in Global Ports, a subsidiary of N-Trans, the Russian transport company FT.com – European companies…

Takeda brings Russian plant on stream

Completion of factory reflects Japanese drugmaker’s confidence in region, as it aims to boost its sales in the country by 15% a year FT.com – European companies…

Banking union must halt Balkanisation

The breakdown of cross-border lending is clearly undesirable, but European remedies are doomed without federal deposit guarantees FT.com – European companies…

European banks – capital ideas

At first glance, seemingly unrelated events at three European banks look to be just that. Look closer, however, and they reflect a deeper reality FT.com – European companies…

Taming Gazprom

Creating a true EU gas market means more than just ensuring the Russian gas group plays by the rules; Europe needs more cross-border pipelines FT.com – European companies…

Volvo aims to mitigate strong krona

Chinese owned carmaker considers importing cars into US for ‘natural hedging in dollars’ after Swedish currency undermines its competitiveness FT.com – European companies…

Providence Resources reignites Irish oil fever

Nearly 30 years after the country’s first rush – and subsequent disappointment – the Barryroe field is reported to have at least 1bn barrels FT.com – European companies…

Super Mario reaches the last level – German politics

The pragmatic Italian president of the European Central Bank has little interest in detail but his eyes are on the big picture, writes Michael Steen FT.com – European companies…

Arnault applies for Belgian citizenship

The LVMH head, who emigrated to the US during the last Socialist presidency in 1981, has been critical of François Hollande’s tax initiative FT.com – European companies…