BP’s TNK stand-off derails pipeline plans
The UK oil group had expressed interest in potentially joining Gazprom in a project to extend the Nord Stream gas pipeline but has opted to withdraw FT.com – European companies…
Quinns ordered to disclose all assets
Justice Elizabeth Dunne says the three men will face punitive sanctions if they do not obey the court orders, which follow a ruling last Tuesday FT.com – European companies…
Betfair posts jump in annual profits
European football championships help online gambling exchange increase revenues by 18 per cent in the first eight weeks of its financial year FT.com – European companies…
Merkel concession wins Spanish bank deal
A concession by German chancellor Angela Merkel has allowed eurozone leaders to agree a restructuring of Spain’s €100bn bank recapitalisation plan, allowing EU bailout funds to eventually be injected directly…
Lévy’s departure throws Vivendi off balance
Big questions about the future of the French media and telecoms group have been raised in the wake of its chief executive’s abrupt move FT.com – European companies…
Landesbanken not out of the woods yet
Although troubled bank WestLB is being disposed, Germany’s regional public sector banks face problems despite attempts at restructuring FT.com – European companies…
Veolia sells UK water stake for £1.2bn
The French utility starts a series of planned disposals to reduce its net debt by selling a stake in its UK water business to an investment group FT.com – European…
Dexia asset management sale nears
Final talks with three potential buyers in last stage of a break-up of the twice-bailed-out Belgo-French bank FT.com – European companies…
T-Mobile USA chief executive resigns
Philipp Humm plans to return to Europe to join a competitor of Deutsche Telekom, believed to be Vodafone group, after two years at the number four US mobile operator FT.com…
Glencore / Xstrata: price stratas
Demands by Qatari investors for a higher price to complete the “merger of equals” will most likely end up with all parties agreeing to meet half way FT.com – European…
