Nespresso brews plans to see off rivals
Nespresso has had to contend with new rivals selling cheaper pods after legal setbacks European Companies News…
Distress specialists eye value in Europe
US firms are targeting the continent in search of better value after honing their risk capital skills through distressed cycles in home market European Companies News…
Russian truckmaker Gaz names new chief
Vadim Sorokin was head of the Russian truckmaker’s light commercial vehicles division and replaces Bo Andersson, who was poached by rival Avtovaz European Companies News…
Mechel names new chief executive
Struggling Russian steel and coal producer looks at ways to manage its heavy debt burden, such as covenant holidays, amid depressed commodity prices European Companies News…
Luxury brands eye trends for 2014
The US remains number one nation for luxury goods consumption as companies position themselves to benefit from shifting global spending patterns European Companies News…
Mechel may dismiss CEO after $2.2bn loss
Russian steel and coking coal producer says it will consider replacing Evgeny Mikhel on Tuesday it grapples with its huge debt burden European Companies News…
Luxury goods: a look to the new year
Forecasts for the industry for 2014 European Companies News…
FCC sells majority stake in energy arm
The sale of a 51% stake in energy unit to Madrid-based investment group Plenium Partners will help Spanish construction group to trim its debt European Companies News…
China raps brokers for ‘abnormal’ trades
Shanghai stock exchange to impose ‘self-disciplinary actions’ on four brokerages, including one part-owned by UBS, after ‘disruptive’ trades European Companies News…
Bad weather slows rescue of Russian ship
Australian icebreaker attempts to reach the Akademik Shokalskiy, which has been trapped in ice since Christmas eve with 74 people on board European Companies News…
