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Peugeot to close factory in home market

French carmaker creates a serious economic challenge for the administration of François Hollande with the announced shutting of its plant at Aulnay FT.com – European companies…

All hands to the pump for Shell

Oil group departs from the 24-hour self-service stations to meet rising competition from supermarket chains with aggressively priced fuel FT.com – European companies…

Debate rages over benefits of fiscal austerity

Spain faces an unholy combination of challenges because of the size of its banking sector relative to the economy and depth of banking losses FT.com – European companies…

Hybrid capital: it’s for real

Spain’s bank bailout calls for burden sharing by holders of hybrid capital such as preference shares. Just what is the role of this funny money? FT.com – European companies…

Fourtou faces the music with Vivendi woes

Engineering a coherent strategy for Universal’s parent is an even harder task for Fourtou following the abrupt departure of the former chief executive FT.com – European companies…

UK and France to sign drone deal

London and Parish are to sign two unmanned aircraft agreements when defence ministers meet later this month, says President François Hollande FT.com – European companies…

Linde raises €1.4bn to fund Lincare buyout

German gas producer uses capital increase for $ 4.6bn acquisition of US respiratory services group, to expand its healthcare activities FT.com – European companies…

Globaltrans: on track to expand

As Russia modernises the world’s second-largest rail network, the private rail freight operator is topping up its 2008 London stock market listing FT.com – European companies…

Intel invests $4bn in ASML to back R&D

US group buys 15% stake for $ 3.1bn and commits $ 1bn to Dutch outfit’s R&D plans in a sign of industry’s concerns over semiconductor miniaturisation FT.com – European companies…

Norway steps in to stop oil shutdown

Officials intervened at the last moment Monday night to prevent a shutdown of the country’s oil industry, ending a two-week dispute over pensions FT.com – European companies…