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TNT Express rejects €4.9bn UPS offer

Dutch delivery company rejects €9 per share offer from US logistics group after facing pressure from shareholders FT.com – European companies…

EU carbon targets threaten luxury carmakers

Bentley and Bugatti are among the marques which could be affected by penalties for cars which do not sufficiently cut emissions FT.com – European companies…

Lafarge: cementing its position

The company is battling away at deleveraging the business and trying to push down operating costs. The bearing is now right FT.com – European companies…

Groups follow Peugeot’s warning on Europe

GM and Renault raise concerns over continent’s market FT.com – European companies…

Frontline to steer conservative course

Crude oil tanker fleet operator gives first indication of its future strategy since restructuring at the end of 2011, as it reports a $ 530m net loss FT.com – European…

Aegon earnings hit by one-off charges

Dutch insurer made redress payments to UK pension clients at Scottish Equitable unit, and took impairments in the Netherlands, US and Hungary FT.com – European companies…

Strong US sales boost Capgemini

IT services group surprises investors with a 44% increase in full-year profit as sales in North America rose 17% in the three months to December FT.com – European companies…

Insurers’ earnings hit by eurozone crisis

Full-year results of Axa and Zurich Financial Services fall shy of expectations as a result of natural catastrophes and low demand for life products FT.com – European companies…

Monti takes on Church over taxes

Bold move to end tax breaks on Vatican’s properties used for commercial activities FT.com – European companies…

SocGen fourth-quarter profits tumble

France’s second-biggest listed bank is hit by fresh Greek writedowns and falls at its investment bank FT.com – European companies…