Bank of Cyprus eyes €1bn fundraising
Plan by lender, rescued with the help of a European Union bailout last year, follows a three-day ultimatum from the governor of the central bank European Companies News…
Expansion back on flight plan at Aegean Airlines
After buying rival Olympic at a knockdown price, the revived airline has bold expansion plans European Companies News…
Week in Review, July 5
BNP hit by US fine; also Jamie Dimon’s health and Club Med takeover in the news European Companies News…
Aveva gains on takeover speculation
A dull wider market left the FTSE 100 flat at 6,866.05. The US market holiday meant volume for blue-chip stocks was less than half the daily average European Companies News…
EBA warns of more than 70 Bitcoin hazards
The European Banking Authority argued that the potential benefits of such virtual currencies were outweighed by a long list of risks, which in the long term could only be fully…
Erste shares plunge on profit warning
Shares in Erste Group, Raiffeisen, UniCredit and KBC all fell after Erste said that problems in Hungary and Romania would drag it to a net loss. European Companies News…
Alarm over Google move to expunge article
The BBC has been informed of plans to remove a 2007 piece by Robert Peston criticising a former Merrill Lynch executive from certain search results European Companies News…
BMW to build $1bn car plant in Mexico
Carmaker joins rivals Audi and Daimler in setting up plants to benefit from country’s low labour costs and the North American Free-Trade Agreement European Companies News…
Sanctions talk on Russia worries business
German businesses are worried by tougher talk on sanctions for Russia, with their concerns widely shared by business people in Italy, France and the UK European Companies News…
