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Banco Popular pulls €750m coco bond sale

Spanish bank cites poor market conditions for its decision, dealing a blow to what has become a booming market for lenders to strengthen their capital European Companies News…

Lego: King of the castle

Focus on detail, digital expansion and control over its characters have allowed the Danish toy company to maintain growth in a tough market European Companies News…

Portugal’s Espírito Santo turmoil erupts

Banco Espírito Santo shares are suspended after they fell 17% over concerns of a lack of certainty over the extent of its exposure to the family group European Companies News…

China waives electric cars purchase tax

Beijing’s latest attempt to promote environmentally friendly vehicles will apply to imported and domestically produced electric cars European Companies News…

Overhaul aims to sweep away years of scandal

The shake up of the Vatican’s administration marks Pope Francis’ most ambitious attempt yet to deliver a radical reform of the Holy See European Companies News…

Banks face cash outflows after Yes vote

Banks risk Scottish depositors shifting their money south of the border if there is a Yes vote, economists at Swiss bank UBS have predicted European Companies News…

Revelation at the heart of US-German spying saga

The real revelation is of US helplessness in the face of a secret state that appears to have outgrown political judgment or control European Companies News…

Aldi and Lidl lead discounter charge

Narrow range of products and tight cost controls have given discounters the edge in price battle against traditional supermarkets European Companies News…

Japan carmakers lead fuel cell drive

The country’s manufacturers, supported by government initiatives and subsidies, are going further and faster in making fuel cell vehicles commercially viable European Companies News…

Air France-KLM: extra baggage

Chief executive experiences queasy feeling after profit warning, but it is restraining the urge to increase capacity on competitive Atlantic routes European Companies News…