Electrolux learns from emerging markets
Swedish manufacturer is looking to change its direction with a focus on expanding its product ranges and applying the knowledge gained from markets European Companies News…
Germany’s SPD eyes solidarity with troubled EU states
Social Democrat officials say they support a ‘fiscal union in the long run’, envisaging a different kind of Germany at the negotiating table European Companies News…
EU watchdog aims to cool Bitcoin fever
European Banking Authority is to warn of the risk of ‘violent fluctuations in electronic currencies’ value and of ‘digital wallets’ being hacked European Companies News…
Ukrainian business keen to go west
Kiev must choose between short-term gains of a pact with Russia and the long-term future for business and investment that EU alliance would bring European Companies News…
Fortum sells Finnish grid for €2.55bn
Consortium led by Borealis and First State infrastructure funds buys electricity network as utility launches sell-off of low-yielding assets European Companies News…
French carmakers poised to re-enter Iran
Following a thawing of relations between Tehran and the international community, Renault and Peugeot hope to win back their large market shares European Companies News…
Dongfeng and Peugeot poised for partnership
Partnership will involve large capital injection into French group in return for technology sharing and developing and producing low-cost small cars European Companies News…
EADS rises 8% on buoyant profits outlook
Europe’s biggest aerospace and defence company predicts that new A350 wide-bodied passenger jet will dent margins less than first thought European Companies News…
Backlash mounts against European financial tax
The compromise paper, seen by the Financial Times, indicates how far EU member states want to restrict the European Commission’s proposals to introduce a €35bn eurozone levy with global reach…
Santander buys €470m stake in China bank
Santander to take 8 per cent stake in Shanghai bank, which has total assets of €98bn, and agrees with Chinese lender to send staff to work in China European Companies…
