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Air France workers to extend strike

Industrial action over cost cutting to enter a second week European Companies News…

IC: September 20 highlights

Companies analysis from our sister publication European Companies News…

Exxon winds down Russian Arctic drilling

Oil group has become the biggest casualty of sanctions against Russia, which were broadened to ban US companies providing services or technology European Companies News…

Alibaba’s IPO banks split $250m fee pool

Chinese internet company drives hard bargain with 1% payment on up to bn raised, plus additional ‘incentive fee’ pool worth about m European Companies News…

Week in Review, September 20

Air France strike; European taxes, Phones4U and Asos also in the news European Companies News…

Coffee groups seek bids for French brands

Sale of Café Grand’Mère and L’Or units could fetch about €480m and ease regulatory concerns over proposed creation of joint venture European Companies News…

SAP buys software group Concur for $8.3bn

German group’s all-cash deal, its biggest by value as it tries to remake its software business for the cloud, comes as the tech sector consolidates European Companies News…

Ex-chief poses dilemma for Siemens

Löscher, chairman of Sulzer, now in tie-up talks with Dresser-Rand – a US company that has been a possible target for Siemens European Companies News…

Europe struggles to catch US biotech bulls

Almost bn has been raised by US biotech groups in IPOs and follow-on fundraisings this year, while in Europe the comparable figure is .4bn European Companies News…

Visa considers options on Monitise stake

Visa has gradually sold its Monitise stake down from 15 to 5.5 per cent and has now appointed bankers to advise it one what to do with the rest European…