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GTech bets $5bn on Las Vegas slots maker

Italian lottery company says purchase of International Gaming Technology will create ‘world’s leading end-to-end gaming company’ European Companies News…

Anglo-French military drone plans boosted

UK and France step up co-operation on a project to develop a military drone capable of combat operations and highly covert surveillance European Companies News…

AirAsia X to buy 50 A330 Neo planes

Airbus secures AirAsia X as launch partner for its long-range passenger jet, with a contract for 50 A330 Neo aircraft worth nearly bn at list price European Companies News…

Seedcamp targets US with new fund

Raising of m will enable Seedcamp to offer longer-term mentoring help and provide follow-on funding of between ,000 and 0,000 European Companies News…

Madrid to greenlight Canaries oil drilling

Decision ends decade-long political battle that pitted Spain’s desire for greater energy independence against the country’s powerful tourism industry European Companies News…

China courtship meets fear and mistrust

A visit to Pashkovo, on the Amur river that divides the two countries, suggests Mr Putin’s vision is still beset by longstanding rivalry and mistrust European Companies News…

Norway shows how to boost oil exploration

Production taxes are high, at 78%: but companies benefit from a 78% rebate on every dollar they spend on exploring in Norwegian waters European Companies News…

European property IPOs reach 8-year high

Flotations this year include large cash shells seeking to capitalise on Europe’s economic recovery through rapid asset acquisition sprees European Companies News…

Airbus unveils new version of A330 airliner

Revamped A330 Neo will compete against Boeing’s Dreamliner and is expected to be sold at a significant discount to the US group’s widebody jet European Companies News…

Portugal accelerates Espírito Santo changes

Central bank orders immediate appointment of new chief executive and other board members, as prime minister rules out taxpayer support for troubled lender European Companies News…