Akzo Nobel: beyond the DIY
Akzo Nobel boss Ton Büchner is doing a good job at smartening the place up, but at some point the focus must shift elsewhere European Companies News…
Nordic banks: the co-operative spirit
It is tricky to align the interests of two boardrooms when only one is responsible to shareholders, especially so when strategy is obviously failing European Companies News…
Panama Canal contractors given ultimatum
Authorities threaten to bring in new contractors to complete a huge expansion of the key trade artery, which is running late and over budget European Companies News…
ArcelorMittal predicts profits boost
Steelmaker says it has passed the bottom of the cycle and is ‘cautiously optimistic’ about global prospects as European demand for metal grows European Companies News…
SAS to issue $600m bonds and shares
Scandinavian carrier says the funds raised from preference share and convertible bond issue will be used to modernise fleet and strengthen finances European Companies News…
€2.4bn lost on bank ‘punt’, court hears
Trial of three former executives told that entrepreneur who was once Ireland’s richest man used contracts for difference to invest in lender European Companies News…
Former UBS banker’s tax trial delayed
Trial of Raoul Weil, who was extradited to the US from Italy to face charges of helping American clients evade US taxes, is adjourned until October European Companies News…
Roche blocks generic drug sale in India
Biocon and Mylan have been ordered to stop selling a version of Roche breast cancer treatment in India, after Swiss group secures injunction European Companies News…
Statoil pledges to curb spending plans
Norwegian oil group to put emphasis on prioritising projects and increasing efficiency as it increases dividends and looks to use share buybacks European Companies News…
S&P warns of higher risk in bank bail-in bonds
Credit rating agency plans to cut its ratings on the instruments, used by lenders to increase their capital levels European Companies News…
