China says Mercedes-Benz fixed prices
German group is latest multinational carmaker after Audi and Chrysler to face Chinese scrutiny and threat of fines over pricing of spare parts, repair and maintenance European Companies News…
European groups’ dividends hit $153bn
Record payouts by continental groups owes more to improved corporate performances than Us dollar weakness, with biggest increase from French companies European Companies News…
Volvo pins hopes on its ‘all-in’ car
Not only is the XC90 the first vehicle since Geely acquired the carmaker, it also follows bn of investment in new components and factories European Companies News…
US banks plan ahead for UK exit from EU
Wall Street banks make contingency plans for eurozone’s impending banking union that threatens to isolate Britain and for possible UK exit from the EU European Companies News…
Zachert’s return raises hopes for Lanxess
Emotional attachment draws executive back to chemicals group where he faces tough challenge to revive its fortunes with restructuring plan European Companies News…
Finnair issues profit warning
Airline says full-year revenue will be significantly lower than last year, and it expects to make an operating loss after increased competition European Companies News…
Austria’s Signa buys Karstadt for €1
Move ends weeks of speculation over the lossmaking German company, which employs 17,000 people, following the July departure of its chief executive European Companies News…
Week in Review, August 15
Featuring cybersecurity, China probe, Serco, Kinder Morgan and RBS European Companies News…
Week in Review, August 15
Featuring cybersecurity, China probe, Serco, Kinder Morgan and RBS European Companies News…
Bonomi on cusp of owning Club Med
Milanese investor, who has a record of investing in powerful and respected brands, believes other bidders undervalued the company’s potential European Companies News…
