Emerging markets drive sales surge at PPR
Luxury division records 17.8% increase in like-for-like sales with emerging markets accounting for 40% of divisional turnover FT.com – European companies…
IMF says Spanish banks must go further
Fund says some of Spain’s savings banks still pose a threat to financial stability and must strengthen their balance sheets FT.com – European companies…
Sharp improvement for Credit Suisse
Swiss bank reports a rebound in investment banking in the first quarter but tightening credit spreads depress profits FT.com – European companies…
Usmanov to control Russia’s Megafon
The Kremlin-friendly tycoon is increasing his stake in the country’s second biggest mobile operator to 50%, paving the way for a London IPO FT.com – European companies…
The high cost of disorderly deleveraging
The potential impact of parochialism will be felt beyond the eurozone with emerging market economies of eastern Europe suffering first FT.com – European companies…
Carmakers steer a course for China success
This week’s Beijing car show has highlighted how China is claiming its place as the centre of the automotive world – and challenging manufacturers FT.com – European companies…
Shell agrees £1.1bn cash offer for Cove
Oil major lifts valuation of Africa-focused energy group in the face of competing interest from Asia FT.com – European companies…
Shale gas: Terminal decline no longer
FT series: With surplus American gas destined for export, a trade long dominated by a few producing nations faces disruption, writes Guy Chazan FT.com – European companies…
ST-Ericsson to slash 25% of jobs
The mobile phone chipmaker will transfer part of operations to its parent in an effort to accelerate cost cuts after declining sales to Nokia FT.com – European companies…
