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Eni in spot market gas deal with Gazprom

Russian group agrees to use spot market gas prices rather than oil indexation in a major concession over its long-term gas supply contracts with Eni European Companies News…

Funding setback for Great Barrier Reef port

Adani Group’s plan to raise billions of dollars to fund a port expansion near the world heritage-listed ecosystem is dealt a symbolic blow European Companies News…

Chinese officials say Roche visit routine

Local officials say visit to Swiss group’s Hangzhou office was routine and unrelated to anti-bribery investigations that have embroiled GSK European Companies News…

Credit Suisse sells $5bn in bonds

Swiss bank’s first significant senior debt sale came only days after it agreed to a .6bn fine and admitted guilt in tax conspiracy case European Companies News…

Deutsche Bank grilled over cash call

Lender’s investors call latest rights issue an about-turn and question its timing since the share price has lost about 25% since January European Companies News…

Japan’s Mizkan in $2.15bn Unilever deal

Sale of Ragú and Bertolli is latest in a string of food disposals by the Anglo-Dutch company, which is selling off low-margin grocery products European Companies News…

Monte dei Paschi to give €4bn to state

Bank’s shareholders voted to back the €5bn capital raising which will allow it to pay back a first tranche of €4.1bn in state bailout bonds European Companies News…

Hedge fund sues McKesson over Celesio

Magnetar Capital, which owned stake in pharmaceutical company Celesio, says smaller investors should have been offered more in takeover deal European Companies News…

Spotify doubles subscribers to 10m

Digital music service streams past rivals such as Beats and Deezer to become world’s biggest, boasting 40m active users in 56 countries European Companies News…

Glencore hits out at rivals’ iron ore output growth

Chief executive Ivan Glasenberg takes a swipe at large miners for expanding existing mines and swamping the market with new output European Companies News…