Europe reviews its bankruptcy regime
The modifications proposed by MEPs to the commission’s recommendations on how to deal with cross-border insolvencies risk retarding progress European Companies News…
Monte dei Paschi extends loss streak
Italy’s third-largest bank by assets makes further big writedowns of loans as it seeks to raise capital to fend off nationalisation European Companies News…
European insurers warn over burden of capital requirements
The president of the pan-European trade body warns that the technical standard being drafted by Brussels ‘deviates’ from a landmark political deal European Companies News…
Stand-off over Europe’s bank resolution plans
EU finance ministers agree fresh concessions to MEPs to break impasse that threatens to delay flagship eurozone crisis reform by a year or more European Companies News…
Vodafone/Ono: a tidy bundle?
Investors in the UK telecom group are wondering if AT&T is still a likely bidder and if a cable purchase in Spain might tarnish the mobile operator European Companies News…
Zurich Insurance to cut about 800 jobs
Losses are aimed at ‘removing management layers’ with savings of about 0m in chief executive’s drive to improve profitability at the Swiss insurer European Companies News…
Novartis restructure breaks from expansion
Focus on three main units – pharmaceuticals, generic drugs and eyecare – mirrors steps being taken across the industry to pick core areas of strength European Companies News…
Retail pricing made banana deal necessary
By planning a bn merger Chiquita and Fyffes are attempting to address a retail price squeeze that is peeling away their already thin profit margins European Companies News…
French telecoms: game plans
The battle for SFR, Vivendi’s telecoms unit, has intensified with Bouygues’ and Iliad’s shares up and Numericable’s down. But the game is not over European Companies News…
Fyffes-Chiquita deal forges banana leader
All-share transaction will create a distributor with .6bn in annual revenues, a workforce of 32,000 and a market value of more than bn European Companies News…
