Ferrovial diversifies with lower debt
Spanish infrastructure group sees net debt tumble to €5bn from €19.7bn as it continues to diversify away from its domestic market FT.com – European companies…
German bank chief hits at Greek debt deal
Lenders in France, Germany, the UK and Belgium report billions in losses in the fourth quarter after writing down sovereign bond holdings FT.com – European companies…
Greek crisis takes toll on Crédit Agricole
French bank suffers €1.5bn full-year net loss, its first as a listed company, amid a rise in bad loan provisions relating to its Greek unit FT.com – European companies…
VTB plea for central bank liquidity boost
Fast-growing Russian bank in talks with central bank over group’s inability to fund loan growth necessary to sustain trajectory of economic expansion FT.com – European companies…
Former Kaupthing chiefs indicted
Indictment on charges of fraud and market manipulation marks the latest phase of the inquiry into the collapse of the Icelandic banking system FT.com – European companies…
Accor’s upbeat outlook for year ahead
Europe’s biggest hotel group by room numbers plans to pay a special dividend after a better-than-expected fall in net debt due to asset sales FT.com – European companies…
Shell snaps up Cove Energy for £1bn
The Anglo-Dutch oil group is poised to expand into Mozambique with the proposal to buy Aim-listed Cove Energy for £992m FT.com – European companies…
Temenos and Misys look to agree merger terms
The two European banking software companies have already agreed key terms of a deal as the Swiss-based group looks to secure position FT.com – European companies…
Pandora shares tumble on product swap
Danish jeweller allows retailers to swap unsold for better-selling items as company reports 39% drop in fourth-quarter operating profits FT.com – European companies…
Alpcot launches active Russian ETF
Alpcot Capital Management, an asset manager focused on investing in Eastern Europe, has launched an actively managed Russian equity ETF FT.com – European companies…
