Commerzbank beats expectations
Shares in the bank hit their highest level since March as its third-quarter results suggest it is managing its risk better than expected European Companies News…
Crédit Agricole rejects deal with Brussels
French bank says accusations its traders manipulated the Euribor interbank lending benchmark are ‘without merit’ European Companies News…
Brussels probes state aid for Lot airline
The airline last year posted a loss of 400m zlotys (€96m), its fifth year of losses in a row, and needed an immediate injection of aid to keep flying European…
Smurfit Kappa begins to deliver the goods
Innovative, higher-margin packaging has helped to sustain improvements in earnings and lift shares by more than 100 per cent in 12 months European Companies News…
Alstom to cut 1,300 jobs and sell assets
French industrial bellwether could sell stake in Alstom Transport as part of an accelerated cost-cutting drive it hopes will boost competitiveness European Companies News…
Beiersdorf: skin in the game
Customers hope for disappearing wrinkles; investors would settle for better margins European Companies News…
Ukraine signs shale deal with Chevron
US group will gain rights to explore and eventually produce in two western Ukrainian regions that have estimated 2.98tn cubic metres of gas reserves European Companies News…
Italy spending tsar to take austerity path
Italy’s new spending tsar has already had an impact on the budget deficit – his annual salary of €300,000 is the maximum allowed for a civil servant European Companies News…
Vivendi agrees €4.2bn Maroc Telecom sale
French company continues its drive to streamline operations by selling 53 per cent stake in Morocco’s largest wireless carrier to Abu Dhabi group European Companies News…
Italy’s finance minister warns on euro
Comments by Fabrizio Saccomanni come after the euro hit a high against the dollar. The single currency has pared back some of its gains European Companies News…
