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Bill Gates bets on Spain with FCC stake

Microsoft co-founder makes a big bet on the recovery of Spain’s construction sector by becoming the second-largest shareholder in builder FCC European Companies News…

Loeb pressures Nokia for cash return

Daniel Loeb told investors in his hedge fund that he expected Nokia to distribute a “meaningful portion” of the handset business sale proceeds European Companies News…

Titan chief in bid for French tyre plant

In a volte face after criticising French working practices, Titan chief Maurice Taylor makes an offer to buy a Goodyear plant in northern France European Companies News…

UK leads race to debt and equity markets

Merlin Entertainments and Infinis unveil IPO plans while buyout groups are expected to speed up moves to list their European companies European Companies News…

SFO narrows Libor charges

Tom Hayes, a former trader at UBS and Citigroup facing charges stemming from a probe into alleged Libor manipulation, postpones entering pleas European Companies News…

Going nuclear over rising power costs

UK should not rule out alternatives to expensive plants. The deal announced by this week shows that the cost of nuclear generation has continued to rise European Companies News…

Former UBS banker arrested in Italy

Raoul Weil, former head of global wealth management at UBS, is arrested in Bologna over allegations that he helped US citizens to evade taxes European Companies News…

UK to unveil Hinkley Point nuclear deal

The government hopes the agreement with EDF on a ‘strike price’ of £89.50 will underpin what is expected to be a renaissance of UK atomic power European Companies News…

Primary insurers push for price cuts

Willis Re says the wave of extra funding will help primary insurers demand reinsurance price cuts of as much as 10% cross big chunks of busines European Companies News…

Terra Firma to launch £1bn Infinis IPO

Private equity groups in Europe are accelerating plans to list their portfolio companies and return cash to investors on deals done before the crisis European Companies News…