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McKesson admits defeat in Celesio bid

Deal’s collapse is a blow to McKesson’s European ambitions and to Haniel, the German company that agreed to sell its 50% stake in Celesio European Companies News…

German brewers fined for price-fixing

Five major breweries fined €106.5m by antitrust watchdog amid a beer cartel that has also drawn internationally recognised brands into the scandal European Companies News…

Banks win Basel concessions on debt rules

Changes will come as a relief to big investment banks who had been fretting they would be forced to raise billions in extra capital European Companies News…

Irish food and drink in good health

Data suggests that double-digit growth in dairy and beef exports has driven a 9% rise in total food and drink exports to close to €10bn last year European Companies News…

Cargill acquires stake in UkrLandFarming

US-based agriculture trading group doles out $ 200m for a 5% stake in UkrLandFarming, Ukraine’s largest agribusiness holding European Companies News…

Annika Falkengren, banking survivor

It is not just her gender that makes the boss of Swedish bank SEB a rare figure in the sector – she is one of the few bank bosses still…

SAP on track for €1bn annual cloud sales

The German group is trying to expand its cloud business without sacrificing the high margins of its traditional on-premises software business European Companies News…

Shell: out of its shell

Shell’s new chief executive Ben van Beurden needs to break the cycle of underperformance for Europe’s biggest oil and gas company European Companies News…

BlackRock supports Bolton over Saipem trade

Regulator says investors who bought Saipem shares from BlackRock lost more than €114.5m European Companies News…

Total joins UK’s pursuit of shale boom

Deal will be seen as big vote of confidence in fledgling unconventional energy sector, whose development coalition has made a top priority European Companies News…