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Samsung arm takes stake in UK carbon project

Construction and trading arm of South Korea’s largest conglomerate takes its first big step into the European power market by investing in the Don Valley power project in South Yorkshire…

New York court rejects claim against UBS

The fraud suit brought by HSH Nordbank over its purchase of a complex mortgage product was dismissed by a judge who found it to be a ‘sophisticated’ investor FT.com –…

Iberia pilots plan 30 days of strikes

Sepla says it will take industrial action twice a week between April and July after talks about the airline’s new low-cost carrier break down FT.com – European companies…

Caixabank offers €980m in shares for Cívica

Boards of four cajas that control Cívica meet to decide on whether to accept the offer, which will create Spain’s largest domestic bank by assets FT.com – European companies…

Caixabank offers €980m in shares for Cívica

Boards of four cajas that control Cívica meet to decide on whether to accept the offer, which will create Spain’s largest domestic bank by assets FT.com – European companies…

Universal to sell $200m of music catalogues

Group to auction three catalogues, which includes works by Puccini and Verdi, in deal that will help maintain owner Vivendi’s triple-B credit rating FT.com – European companies…

Global Ports eyes Black Sea

Company that handles 30 per cent of Russia’s container movements is seeking to expand from its the Baltic and Russian far east into the fast-growing region FT.com – European companies…

UPS plans fresh route after TNT deal

The challenge is to develop the information and other technology to deliver goods more efficiently than rivals in the styles consumers demand FT.com – European companies…

Threat of closure revisits Ellesmere Port

Future of GM’s Vauxhall plant is in doubt for a second time in three years as the carmaker prepares a tough new strategy for its European units FT.com – European…

Tetra Pak works on smart milk cartons

The world’s biggest packaging company is developing a chip for a scannable label that can show how long products have been outside the fridge FT.com – European companies…