Bank of Cyprus customers sell stakes
Some Bank of Cyprus customers who were caught up in the group’s bailout are selling their shares and cash accounts ahead of a planned capital raise European Companies News…
Zurich plans to invest $2bn in green bonds
European issuance of the bonds has already reached .6bn so far this year, more than double the total for the whole of 2013, according to Dealogic European Companies News…
Adidas: putting the boot in
The German sportswear group needs to associate itself with top athletes and cannot scrimp on sponsorship. Its own performance has already let fans down European Companies News…
Arctic’s oil prospects lure explorers
The Barents Sea is seen as the ‘the next frontier’ in oil exploration but so far the Arctic has promised more than it has delivered European Companies News…
Brazil World Cup defeat wrongfoots bankers
Goldman Sachs suggested there was a 48.5% chance of Brazil lifting the World Cup trophy, while British bookmakers gave them odds of one-in-four European Companies News…
Whirlpool buys 60% of Indesit for €758m
Sale of Indesit marks exit of one of Italy’s most prominent industrial dynasties and comes after the company’s sales plunged during eurozone crisis European Companies News…
Week in Review, July 12
Samsung takes some knocks; Maersk, HSBC and insider trading case also in the news European Companies News…
Bulgaria bank faces bankruptcy proceedings
A Bulgarian bank is facing collapse after documentation related to its loan portfolio went missing as millions of euros were removed from its vaults European Companies News…
Ipad generation drives banks’ shake-up
Big high street lenders are ripping up branches, doing away with counters and leaving cashiers free to roam as they adapt to the digital age European Companies News…
Banco Espírito Santo seeks to quell fears
Portuguese lender moves to return to trading with statement saying loans to Espirito Santo family group do not compromise its capital requirements European Companies News…
