Iceland premier repels Icesave lawsuit
The country’s prime minister has criticised British and Dutch authorities for filing a IKr1,000bn lawsuit over the 2008 collapse of online lender Icesave European Companies News…
Saipem swings into loss for 2013
Saipem disappointed investors again on reduced fourth-quarter profits as it swung into an annual loss and warned of reduced orders European Companies News…
Fear of nationalisation built 40-year bond
L’Oréal and Nestlé were not the most obvious partners but their 40-year relationship has stood the test of time European Companies News…
Swiss-style cap to bite into UK’s wealth
Ramifications of immigration vote are broad for companies and banks, and for the UK which is also toying with a more isolationist position in Europe European Companies News…
German car club chief resigns
Peter Meyer said he was stepping down as ADAC president as he no longer wished “to be held solely responsible” for operational executives’ “mistakes” European Companies News…
Icesave dispute resurrected in court
UK’s Financial Services Compensation Scheme and Dutch central bank are suing Iceland’s guarantee fund for a sum equivalent to two-thirds of Nordic island’s GDP European Companies News…
Russia prepares crackdown on Bitcoin
Promise of new curbs comes after it leapfrogs China to become the second-fastest growing territory for virtual currency European Companies News…
Young German people shunning new cars
Average age of buyers of new cars in Germany is 52 years, indicative of a trend that can be observed in other industrialised countries European Companies News…
Panama Canal talks offer hope of solution
Dispute over $ 1.6bn in construction cost overruns has delayed expansion of the shipping route to accommodate supersized vessels European Companies News…
Statoil – Norwegian would
Statoil’s cheap valuation seems to have caught the market’s attention European Companies News…
