Mercedes faces speed bump in China drive
Beijing’s ant-trust probe poses threat to three top German luxury marques but signals so far suggest Mercedes and Audi face a rougher ride than BMW European Companies News…
Palladium advances to new multiyear high
Metal made further gains, rising 0.8% to 5.75 on fears tensions between Russia, the world’s biggest source, and Ukraine could trigger another supply disruption European Companies News…
Sanctions hit Russia Arctic energy plans
Action over Ukraine has left ventures worth billions of dollars in limbo, putting Moscow’s ambitions to develop its Arctic and shale reserves at risk European Companies News…
Del Vecchio returns to lead Luxottica
Eyewear group’s founder to take over as executive chairman of the group he created half a century ago after securing the exit of chief Andrea Guerra European Companies News…
German business attacks ‘complacent’ Berlin
Criticisms of Merkel government come as Europe’s largest economy shows signs of slowing, raising concerns about its ability to continue driving eurozone growth European Companies News…
Citi pays allowances to avoid bonus cap
More than 600 of Citi’s bankers in Europe are hit by the bonus cap and will be paid allowances. About half have received similar allowances before European Companies News…
NADL chief wants more work with Rosneft
Drilling company is selling 30 per cent of itself and providing six offshore rigs to drill for oil in deals signed just ahead of sanctions deadline European Companies News…
Russia-Ukraine tension sends crude higher
Around a third of Europe’s oil, coal and natural gas demands are met by Russia, which relies on revenues from the continent to fill government coffers European Companies News…
