Greek banks see steady deposits outflow
Athens-based bankers warn that bank withdrawals may accelerate amid concerns over the failure of political leaders to form a coalition government FT.com – European companies…
Lufthansa loss brings change in the air
Asset sales and cost cuts form key parts of chief executive’s drastic steps to improve profitability at Europe’s largest carrier by revenues FT.com – European companies…
DCC blames mild winter for profit fall
UK’s biggest oil products distributor predicts investment will generate rebound as long as economic conditions do not deteriorate FT.com – European companies…
Germany: model citizens
The ability of the economic juggernaut to power ahead and help the eurozone avoid a technical recession has attracted the interest of investors FT.com – European companies…
Free attracts 2.6m users in first 80 days
French mobile upstart says it has captured 4% of its domestic market as alarm spreads among the country’s big incumbent telecoms operators FT.com – European companies…
Technology M&A activity defies downturn
Deal volumes suffer just half the decline seen in other sectors, spurred by companies’ need to keep abreast of industry innovations FT.com – European companies…
Greek and Spanish fears hit markets
Analysts and investors have questioned whether €500bn rescue system is big enough to rescue the larger economies at risk FT.com – European companies…
Holcim outlines plan to boost margins
Swiss cement maker eyes $ 1.6bn uplift in operating profit in Bernard Fontana’s first big initiative since taking over as chief executive FT.com – European companies…
Rusal first-quarter profit declines 84%
World’s largest producer blames slumping aluminium price and warns it may start cutting production later this year FT.com – European companies…
