Mediobanca returns to profit
Net income in fourth quarter hits €69.5m, up from a net loss of €213.4m a year earlier, for Italian lender which announced it will resume dividend payouts European Companies News…
Sulzer and Dresser-Rand in merger talks
Swiss industrial pumps maker backed by Russian billionaire Viktor Vekselberg and the US oilfield equipment manufacturer look to tap US shale boom European Companies News…
Russia targets western businesses
Since the US and EU moved to ‘sectoral’ sanctions in late July, western companies increasingly are suffering collateral damage European Companies News…
Sky Deutschland boards oppose BSkyB bid
Move will not stop creation of ‘Sky Europe’, as BSkyB has agreed to acquire majority stake in Sky Deutschland from 21st Century Fox European Companies News…
Orange in Africa bank cash transfer links
French telecoms group partnerships allow customers to transfer money between Orange Money account and bank account via mobile phone European Companies News…
Yevtushenkov placed under house arrest
Russian oligarch, the chairman and largest holder of conglomerate AFK Sistema, held on money laundering charges relating to acquisition of Bashneft European Companies News…
Airbus to prune defence and space unit
Airbus to sell non-core businesses with sales of more than €2bn, as European aerospace group seeks to improve operating profit margins European Companies News…
Hermès takes the long view in China
Luxury brand believes it can weather government’s austerity drive as the growing middle class seek out elegant products for their own consumption European Companies News…
Hurricane hails Shetland well test
SNP energy minister says results highlighted ‘the wealth remaining under Scotland’s seas’ European Companies News…
Phones 4U questions merit answers
John Caudwell is calling for a probe into how suppliers pulled the plug one by one European Companies News…
