Nama to sell €4bn property portfolio
The Irish bad bank has appointed financial advisory group Lazard to seek buyers for its commercial property and development land assets in Northern Ireland European Companies News…
Padoan Chosen as Italian Finance Minister as Renzi Names Team – Bloomberg
International Business Times UK Padoan Chosen as Italian Finance Minister as Renzi Names TeamBloombergPier Carlo Padoan, chief economist at the Organization for Economic Cooperation and Development, was selected to be…
VW makes €6.7bn bid for rest of Scania
Offer came as Volkswagen announced that full-year profits had halved to €9.1bn, as currency swings hampered earnings, despite a 4.9% rise in sales European Companies News…
Italy’s tax prosecutors set sights on Prada
Milanese powerhouse struck a deal with Italian tax authorities to bring holding company back to Italy from Luxembourg European Companies News…
Accor back in profit on savings plan
Savings plan and growth in key European markets helps French hotel group to swing to a full-year net profit of €126m from a €599m loss in 2012 European Companies News…
Shell sells Australian assets for $2.6bn
Move by oil trader Vitol to buy refiner comes as oil majors are quitting the sector in order to focus on more profitable investments European Companies News…
Partners Group bids for Glasgow airport
Consortium led by Swiss-based Partners Group joins Ferrovial in the race for the Scottish hub, valued at £480m European Companies News…
Danone reports annual profits decline
Group predicts stable profit margins for 2014 rather than growth after rising prices for milk supplies in Europe and botulism scare in China hit sales European Companies News…
Obstacles remain in way of Peugeot
Question remains over how successfully the carmaker can execute its plan under the aegis of new chief executive Carlos Tavares European Companies News…
Europe loses ground in high-tech race
Just nine of the world’s top 100 high-tech companies have their headquarters in Europe, generating only a tenth of the industry’s global revenues European Companies News…
