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Lotus F1 owner eyes €500m football deals

Mangrove to target second-tier clubs as well as football-related business such as player agencies, academies and media rights concerns FT.com – European companies…

Credit rating agencies face new scrutiny

The European Securities Markets Authority said this week it planned to inspect Fitch, Moody’s and S&P on the way they evaluate European Union banks FT.com – European companies…

Small caps: Drug OK lifts SkyePharma

Shares increase 26% after the European Commission grants long-awaited marketing approval to the group’s Flutiform asthma medication FT.com – European companies…

Finish line nears for VW-Porsche merger

Volkswagen is to absorb the German sports car maker with a €4.5bn deal, ending a saga that has overshadowed both groups since 2005 FT.com – European companies…

Peugeot posts 13% first-half sales fall

Shares fall sharply as the group suffers from exposure to European markets and rumours circulate about a potential state bailout FT.com – European companies…

Investors lobby Madrid over energy tax

The group of 13 international investors said an expected increase in taxation on Spanish renewable energy projects would destroy the value of their investments FT.com – European companies…

French banks to scrap interbank debit fees

French banks have agreed to scrap interbank fees for direct debits and payments after moves by the country’s competition authority FT.com – European companies…

Norway wealth fund targets Paris property

Norges Bank Investment Management, which has more than $ 600bn of assets under management, is teaming up with Italian insurer Generali FT.com – European companies…

EU rejects anti-piracy pact

A controversial trade agreement has been thrown out by the European Parliament after fears it would restrict internet freedom FT.com – European companies…

VW to buy rest of Porsche for €4.46bn

Groups finalise plans to speed up merger, with the integration set to take effect from August 1 when the maker of the 911 sports car becomes a VW brand FT.com…