Areva’s atomic reactor faces further delays
The reactor is supposed to have entered service in 2009 but has been repeatedly delayed, leading to more than €2bn of cost overruns for the company FT.com – European companies…
Branson eyes Virgin Records bid
Sir Richard would join move for his former label with French partner if Universal sells to secure regulatory approval for £1.2bn EMI takeover FT.com – European companies…
Ex-AstraZeneca chief given £4.5m payout
David Brennan awarded severance package after being ousted by shareholders in Anglo-Swedish pharmaceuticals group amid wave of investor discontent FT.com – European companies…
Bailout supervision will root out banks’ bad habits
This crisis will not end as long as debt is merely shuffled around and a credible strategy must be in place for investors to regain confidence FT.com – European companies…
EBA chief plots path to banking union
Andrea Enria is confident about the ability of European banks to withstand troubled times thanks to their newly strengthened balance sheets FT.com – European companies…
Nokia slashes Lumia smartphone price in US
The move comes three months after the phone was launched amid great fanfare and subsequent disappointment due to a software bug and mixed reviews FT.com – European companies…
Restructuring specialists staff up
Shake-up and turnround groups are hiring more and poaching from rivals in expectation of rising global corporate distress – especially in Europe FT.com – European companies…
German state buys more Swiss bank data to track tax evaders
Thousands of Germans declared financial holdings to avoid the risk of jail after several states bought disks containing Swiss banking data in 2010 FT.com – European companies…
