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Fosun raises bid for Club Med to €939m

Chinese group’s new price is 2.5% more than Italian investor Bonomi’s offer European Companies News…

BASF and Gazprom scrap energy asset swap

‘Difficult political environment’ blamed for failure of German-Russian deal European Companies News…

Aer Lingus rejects bid from IAG

Shares in Irish airline soar as takeover offer rebuffed European Companies News…

Sistema shares soar on Putin comments

Russian president says he hopes conglomerate recovers its position on stock exchange European Companies News…

Carrefour sells Brazil stake for $672m

Billionaire Diniz buys 10% of retailer’s local business European Companies News…

Chevron drops Arctic drilling plan

European Companies News…

EU caps debit and credit card fees

Draft law seeks to end protracted battle with payment groups European Companies News…

European companies still hold $1tn in cash

Moody’s says pile dropped by 2.8 per cent in first half of 2014 European Companies News…

Geely falls 19% after profit warning

Chinese carmaker blames weak sales and rouble depreciation European Companies News…

Irish central bank urged to ease loan rules

Surging demand for new homes could be undermined by unjustified bubble worries, says think-tank European Companies News…