Europe’s banks count cost of US sanctions
Western bank executives and compliance professionals sift through assets to gauge the impact of Washington’s actions on their business European Companies News…
Week in Review, March 22
Featuring news on Jérôme Kerviel, VW, Alibaba and UK supermarkets European Companies News…
Etihad Airways to raise its stake in Air Berlin
Etihad has extended its reach by buying stakes in airlines around the world, including Aer Lingus, Air Seychelles and Serbia’s national airline European Companies News…
Gunvor will survive, says chief executive
The world’s fourth biggest oil trader has been working hard to assure counterparties that it is not caught up in sanctions against Russia, says CEO European Companies News…
Credit Suisse settles mis-selling allegations
Agreement with the US Federal Housing Finance Agency plunges the Swiss bank into a fourth-quarter loss and forces it to restate its 2013 earnings European Companies News…
Russian defiance provides relief for Putin
The morning after Washington published the list, many Russians imposed their own ‘sanctions’, hanging cardboard signs on doors banning Mr Obama from their shops European Companies News…
Eurotunnel angered by ruling on ferries
UK regulator reaffirms its competence to rule on cross-Channel ferry takeover, which could force Eurotunnel to withdraw the service European Companies News…
Sanctions hit Russian shares and rouble
Legal experts warn that European and US companies who do business with Russia and Ukraine should take action to protect themselves European Companies News…
Rusal in talks to delay debt repayment
Aluminium group is in talks with lenders to delay payments on its bn debt pile, in the latest sign of distress in Russia’s struggling industrial sector European Companies News…
Sanctioned Timchenko sells Gunvor stake
The US Treasury said Vladimir Putin had personal investments in the world’s fourth-largest oil trading house, which the company denies European Companies News…
