Managers freed after 18-hour ‘boss-napping’
Workers at the Centre France/La Montagne media group held two senior managers for 18 hours in the headquarters of a local paper over a pay dispute European Companies News…
EM currencies tumble after SA rate rise
The rand, one of the world’s most liquid EM currencies, had strengthened in the immediate aftermath of the decision, but then weakened even further, to R11.28 against the US dollar,…
Novartis warns over generics sales threat
Swiss pharmaceutical group warns that the end of patent protection on two blockbuster treatments is set to have impact on its sales European Companies News…
Daimler loses senior board member
Statement, released late on Tuesday said supervisory board agreed unanimously manufacturing chief be freed from his contract. He will cease working immediately European Companies News…
Intesa Sanpaolo repays ECB crisis loan
Italian bank says it has switched €21bn of outstanding ‘long term refinancing operation’ loans to shorter-dated debt of one week to three months European Companies News…
Liberty Global in talks to buy Ono
Ono’s private equity owners are working on a listing in Madrid but may entertain acquisition offers, with both Liberty and Vodafone in talks European Companies News…
ENRC founders allege freeze caused losses
Investment company controlled by ENRC founders claims it has suffered “considerable losses” after Dutch court’s decision to freeze €886.5m of assets European Companies News…
Santander appoints Sheila Bair to board
The former regulator will add an international presence to the Spanish lender’s comparatively narrow board, but the move is also raising eyebrows European Companies News…
Arsenal secures five-year Puma kit deal
Terms not disclosed, but people with knowledge of agreement say it is worth more than the £150m contract signed in 2012 with Emirates European Companies News…
Smaller German groups look close to home
Western Europe is the main target for both exports and investments by German Mittelstand companies European Companies News…
