Moncler: up with down
IPO of the Italian skiwear maker, which had revenues of €490m last year, deserves a mid-range pricing. More than that would be unwise European Companies News…
Rise in UK bank bonuses to clash with cap
Bonuses for UK bankers earning more than €1m rose last year and now average almost four times their salary. Average total pay for the 2714 top earners grew to €2m.…
Week in Review, November 30
Peugeot chief bows to union pressure on €21m package; plus news on BlackBerry, Accor, GrainCorp and Co-op Bank; and Accor European Companies News…
Small-cap Week, November 30
A&B slides on profit warning; VP boosted by focus on core areas of retail rental; Talvivaara gains ground in fight to stave off bankruptcy and more European Companies News…
YPF deal vindicates Repsol’s Brufau
Compensation offer from Buenos Aires for its nationalisation of Repsol subsidiary YPF in 2012 soothes one of the oil group’s main headaches European Companies News…
TeliaSonera clears out senior management
TeliaSonera parts company with finance chief and fires four employees after concluding ‘some senior employees no longer have the trust of the board’ European Companies News…
Ericsson faces Indian competition inquiry
Ericsson, the Swedish telecoms equipment maker, confirms that it is being investigated for alleged abuse of a dominant position in India European Companies News…
Ex-UBS banker Weil agrees to extradition
A 2009 US indictment accused Mr Weil and other bankers of aiding the tax evasion between 2002 and 2007, helping UBS gain €200m in revenues from 17,000 US clients European…
PetroChina buys Iraq oilfield stake
Deal will enable the Chinese group to grow a stronger presence in the Middle East and allow it to ‘achieve synergies with its other projects in Iraq’ European Companies News…
RSA Irish chief resigns amid probe
Philip Smith, the chief executive of the Irish arm of RSA Insurance, has resigned from the company, saying he has become the “fall guy” for problems in the unit European…
