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Kerviel loses plea for fresh SocGen inquiry

Jérôme Kerviel suffered a fresh blow as the former Société Générale rogue trader lost a plea for a new expert inquiry to help overturn his dismissal European Companies News…

Siemens pulls out of Crossrail battle

German group says it no longer has capacity to deliver such a large contract, supplying 600 carriages for the new line to connect east and west London European Companies News…

China’s watchdogs show they have teeth

Tetra Pak is latest multinational to be targeted by Chinese regulators, with three probes involving foreign companies being unveiled within one week European Companies News…

Week in Review, July 6

Eike Batista loses billions on oil woes; Nokia’s Siemens deal; European fund managers escape bonus cap; BP welcomes probe; and more European Companies News…

Sun sets on German solar group Conergy

Former star of renewables industry files for insolvency, adding to a list of failures including Suntech of China and Solyndra of the US European Companies News…

Chinese antitrust: older and bolder

China launches probe into drug industry pricing but the real issue is whether this is thin end of antitrust wedge for multinationals in the country European Companies News…

Ex-police chief to chair Finmeccania

Appointment of former security official with no business experience seen as part of commitment to clean up conglomerate European Companies News…

Spain set to spruce up banks with deferred tax change

Spanish banks are pressing Madrid to let them reclassify billions of euros in deferred tax assets and make their balance sheets appear much stronger European Companies News…

Reinsurers: summertime blues

Lower rates and falling share prices have made it a summer to forget for Europe’s reinsurers. But they are taking action to stem the decline European Companies News…

Obama tries to calm European anger at US spying

In a phone call with Chancellor Merkel, the President said he ‘takes seriously the concerns of our European allies and partners’, said White House European Companies News…