Baltic power plan meets resistance
A proposal for a new nuclear plant to provide electricity to the three former Soviet states has been beset by problems European Companies News…
Alert over Europe competitiveness gap
Europe’s 50 top industrialists alarmed at region’s gap in competitiveness to US and Asia, with energy and start-up costs among key obstacles European Companies News…
Russia’s utility price freeze to hit GDP
Gas, electricity and rail companies told to hold prices have cut back – public investment was down by 20 per cent in the first 10 months of this year European…
Centrica preferred bidder for Bord Gáis
Bid from consortium led by UK group and including Brookfield Renewable Power values the energy group at €1.12bn, a major boost for Dublin government European Companies News…
RSA: not so assured
The UK insurer’s chief executive has stepped down after issuing three profit warnings in close succession European Companies News…
Oil and gas: returns to sender
The integrated model is not producing anywhere near acceptable returns European Companies News…
Hungary’s Mol buys North Sea oil licences
The deal will add an estimated 28m barrels of oil equivalent to group’s reserves, equal to about 5 per cent of the total, company estimates European Companies News…
Financial clean-up requires elbow grease
Bank chiefs in London, Frankfurt and NY were making friendly noises about focusing on values, but recent events dealt blows to the industry’s image European Companies News…
Old banks are back but without managers
The public face of an industry in need of a reputational makeover will live on as a digital outpost of head office European Companies News…
Week in Review, December 14
EADS to cut 5,800 jobs; Volcker rule clears hurdle; TV set to lose ad crown to digital media; Peugeot moves away from GM; and Bostock quits RBS European Companies News…
