Goldman faces fine over EU cable cartel
Goldman Sachs to be hit with a multimillion euro fine as part of EU cartel case on subsea power cables that will underline legal risks to buyout groups European Companies…
Shell seeks to cut costs in US shale race
Oil group’s shift to lower-cost Chinese equipment underscores pressure from shareholders to curb spending and improve returns European Companies News…
Dexia restates results ahead of ECB tests
Bailed-out Franco-Belgian group takes €447m hit to 2013 accounts, but stresses the move will not have any impact on its profit and loss European Companies News…
FCC refinances €4.5bn in debt
FCC wins backing from banks to refinance more than €4.5bn of debt, as Spain’s construction sector starts to recover from housing bust and recession European Companies News…
Eni chief guilty of environmental crimes
Paolo Scaroni to appeal three-year jail sentence and ban on holding public office for offences committed while head of Enel European Companies News…
ING pledges post-bailout payout in 2015
Dutch bank ING has promised to restart dividend payments in 2015 after repaying €1.23bn of government loans from its bailout during the financial crisis European Companies News…
Italian banks: recovery story
Two banks, two plans. But Intesa seems to have the edge over UniCredit as they offer similar strategies based on fee-earning growth and lower costs European Companies News…
Swiss forex probe targets eight banks
Switzerland’s competition commission launches probe into eight banks after finding ‘indications’ they manipulated a pivotal foreign exchange rate European Companies News…
Greece reforms clear way for €8.3bn aid
Prime minister calls reforms a big step towards a new Greece but leftwing opposition walks out and workers plan strikes European Companies News…
Norilsk in deal talks with China and Japan
The world’s largest palladium producer is seeking ‘substantial’ sales as strikes in South Africa and possible sanctions on Russia raise fears over supply European Companies News…
