Letter from Lex: unconventional wisdom
A series of efforts to overturn accepted thinking were under way this week European Companies News…
Shell postpones Norway offshore project
Plan to delay innovative project by using a compressor on the seabed a further sign of strict capital discipline being pursued by group’s new chief European Companies News…
Bang & Olufsen struggles with turnround
Stereo and television maker considers fundraising to bolster distribution and marketing, as well as funding research and development for new products European Companies News…
Kiosked turns UK news sites into shops
Finnish start-up gives publishers a new source of revenue by automatically embedding advertising units within relevant images on the web page European Companies News…
ECB and BoE push for high-risk loan return
BoE and the ECB call for the easing of ‘unduly punitive’ rules that make it less attractive to buy packages of loans known as asset backed securities European Companies News…
VTB accuses BoE of meddling
Andrei Kostin says the Bank of England has demanded more stress testing and higher reserves from its UK arm, although all tests show it is healthy European Companies News…
Putin threatens to cut off Ukraine gas
In a letter to European leaders, Vladimir Putin warns Russia is poised to halt gas supplies to Ukraine, unless Kiev pays its bills to Gazprom European Companies News…
Russia presses Ukraine on gas bills
Threat to force cash-strapped Kiev to pay in advance adds pressure to Kiev as it struggles to defuse a stand-off with armed pro-Russian separatists European Companies News…
Fitzpatrick cleared on six loan charges
Jury expected to retire as early as Friday to consider the remaining charges against three former senior executives of collapsed bank European Companies News…
