Europe’s titans hold on to their cash
Continent’s biggest companies still reluctant to invest for growth, as survey reveals nearly €50bn added to total reserves in the past year European Companies News…
Novo Banco names Lloyds banker as chief
New chief executive’s main priority will be to prepare the Portuguese ’good bank’, created from Banco Espírito Santo assets, for sale to shareholders European Companies News…
Banking bonuses overtake trading rewards
Income boost comes amid a secular shift within investment banks, many of which are reducing their emphasis on trading and putting fresh focus on M&A work European Companies News…
SABMiller rebuffed by Heineken
Deal would have brought together two of Europe’s biggest brewers, but De-Carvalho family are not interested in a sale of fourth-generation business European Companies News…
Eni chief probed over $1bn Nigerian deal
Claudio Descalzi faces questions from Italian prosecutors over a 2011 acquisition of one of Nigeria’s most prized oil concessions involving Eni and Shell European Companies News…
Ferrari faces long road back to F1 glory
Montezemolo era ends after clash with Fiat’s chief executive, who has signalled production changes at the Italian luxury sports car maker European Companies News…
Myer: Are ‘roo being served?
Australian department store and its investors must choose between investment and yield European Companies News…
Russian authorities raid Ikea office
Furniture retailer confirmed that the Investigative Committee – Moscow’s equivalent of the FBI – had conducted a search of premises in Khimki, to the northwest of capital European Companies News…
US targets Gazprom in new sanctions
New sanctions go much further than previous moves to punish Russia for its role in eastern Ukraine insurgency by widening number of companies targeted European Companies News…
Shell seeks to sell European LPG business
Shell’s European LPG business could be worth €1bn, but disposal move comes after two failed attempts to sell unit in 2010 and 2004 European Companies News…
