ThyssenKrupp returns to profitability
German steel and engineering conglomerate made a third-quarter net profit of €238m but warned of the need to find a buyer for its lossmaking Americas unit FT.com – European companies…
Dixons increases Pixmania stake
UK group is to take near-full control of the French electricals website by paying €10m in cash to founding brothers and waiving €5m owed to it FT.com – European companies…
Flybe warns on revenue growth
Regional airline forecasts lower than expected revenue growth due to the slump in European business travel, which accounts for 40% of the group’s flights FT.com – European companies…
Life is no beach for Heineken chief
Battle for the attractive asset of Tiger beer brewer APB has drawn a rival bid that is unlikely to leave the Dutch group’s balance sheet unscarred FT.com – European companies…
Private banks try to become more exclusive
A number of lenders in a sector that prides itself on establishing personal relationships with customers has begun ‘managing out’ clients FT.com – European companies…
Luxury goods show signs of losing lustre
Behind the headline figures from companies such as Richemont and LVMH, the picture is less rosy. Consumer demand in China is not what it was FT.com – European companies…
Losses widen at Bank of Ireland
Irish lender says its first half was the victim of an increase in bad loan charges as it reports that underlying losses have climbed 26% year on year FT.com –…
Russian evolution – Reshaping Putin’s oil industry
Russia’s energy industry has been through two great rounds of changes since the collapse of communism. Now it is entering its third FT.com – European companies…
Shareholders prepared to sell Urenco
An IPO is possible for the uranium enrichment group that is owned by the UK, Germany and the Netherlands, but any sale will be highly sensitive FT.com – European companies…
