Iberia strikes deal with pilots’ union
Spanish flag carrier agrees pay and productivity agreement with Sepla that looks set to help airline chart path back to productivity European Companies News…
Pernod Ricard hit by China crackdown
World’s second-largest spirits maker by sales warns operating profit growth on an organic basis would now be between 1% and 3% for full business year European Companies News…
Eni expects 55% cash flow rise by 2016-17
Italian energy major predicts boost owing to large oil and gas discoveries of recent years coming into production and from stepped up disposals European Companies News…
EDF investment spending to peak in 2015
French utility reports 7% rise in full-year net profit to €3.5bn and says investment spending will start to fall next year as new projects come online European Companies News…
BNP Paribas hit by $1.1bn provision
French bank sets aside a $ 1.1bn for fines it expects to pay to US authorities, leading to a sharp reduction in fourth-quarter profits European Companies News…
Hopes raised over partial float of Bankia
A year after posting its record loss, the Spanish lender is back in profit and bankers say it could be privatised much earlier than expected European Companies News…
L’Oréal to use cash to pay dividends
Chief of world’s largest cosmetics group by sales said this higher priority than to return cash to shareholders by share buybacks European Companies News…
Mobile gaming boosts Supercell profits
The developer of Clash of Clans earns $ 2m a day from just two titles, but its success has raised questions about the addictiveness of its games European Companies News…
Italy readies postal group for sell-off
Poste Italiane is “a strange animal” says chief executive Massimo Sarmi, taking in communications, logistics and financial services European Companies News…
