Ricardo Salgado faces an uncertain future
Instead of a dignified retirement, the former head of the Portuguese banking dynasty is a formal suspect in a money-laundering investigation European Companies News…
Moscow raises beef with McDonald’s
Russia has finessed the art of adopting ultra-stringent health and safety standards just when geopolitical tensions are reaching their peak European Companies News…
Week in review, July 26
Featuring Google, Apple, Credit Suisse and Tesco European Companies News…
Court gives nod to Cukurova fundraising
A deal would bring to an end an epic struggle – but could put Turkcell in the hands of the state if Cukurova proved unable to repay the new financing…
LVMH: lapse of luxury
Analysts more resilient on stock, with only two issuing a recommendation to sell, than group’s first-half performance which was hit by the strong euro European Companies News…
RBS chief optimistic on Ulster Bank
Ross McEwan explores opportunities for RBS’s subsidiary across the Irish Sea despite it costing the bank £15bn over the past five years European Companies News…
Beer sales beat Unilever’s ice cream
SABMiller’s top-line growth was 6% in the quarter to June – nearly double Unilever’s revenue growth over the same period European Companies News…
LVMH blames strong euro for profit hit
First-half results for Paris-based luxury group, which owns brands such as Louis Vuitton, Fendi and Hennessy cognac, come in below analysts’ forecasts European Companies News…
China to put €2bn into Italian power grid
The deal by China State Grid reflects a shift in attitude towards Chinese investments and comes as Italy’s economy minister visits the Asian nation European Companies News…
Emerging markets slowdown hurts Unilever
Maker of Lipton tea and Dove soap reports bigger than expected drop in first-half sales as weakening currencies wipe €413m off operating profits European Companies News…
