Brussels neutral on carmaker overcapacity
Industry commissioner Antonio Tajani rules out EU-led fix for the sector ahead of a meeting of the European Union’s Cars 21 grouping FT.com – European companies…
Repsol keeps seat on YPF board
Spanish group names independent lawyer Luis García del Río as its representative on the nationalised Argentine company’s new 17-member board FT.com – European companies…
Russian court reopens $13bn BP suit
Minority shareholders had claimed UK group’s bid to form alliance with Rosneft had damaged TNK-BP as it had failed to include it as partner FT.com – European companies…
Militiamen surround Tripoli airport
Flights divert to Metigha after Tarhouna rebels demand return of their missing leader Abu-Ajilah Habashi, highlighting Libya’s fragile security FT.com – European companies…
Kerviel set for SocGen appeal case
The former trader will set foot in a Paris courtroom again two years after he was sentenced to three years behind bars and ordered to pay €4.9bn FT.com – European…
Financials selling private equity stakes
European banks and insurers sell holdings to meet capital requirements, with Länsförsäkringar the latest group to seek buyers for its $ 1.5bn portfolio FT.com – European companies…
Oligarchs threaten BP’s Russia sale
Limitations on disclosure could make it hard for prospective buyer to complete due diligence on stake, effectively giving AAR a veto FT.com – European companies…
Even two swallows do not a summer make
While in many respects the corporate environment favours M&A, neither share prices nor economic outlook suggest a surge in deal-making just round the corner FT.com – European companies…
Tectonic plates start to shift for oligarchs
BP’s decision to throw down the gauntlet to its partners appeared to be a reaction to shift in upper circles of Russia with Sechin move to Rosneft FT.com – European…
The booze cruise returns
Rise in pound versus euro has prompted a rise in day-tripping drinks tourists heading to Calais to stock up for the party season FT.com – European companies…
