Orange rules out French merger deals
The country’s largest mobile operator by subscribers dashes investors’ hopes for consolidation in the sector, which has been hit by a price war European Companies News…
Europe’s NN enjoys strong trading debut
Rally added €440m to NN’s market capitalisation after the Amsterdam listing valued its equity at €7bn, raising €1.54bn for the insurer’s parent ING European Companies News…
Santander UK sets up $100m fintech fund
Move comes as the UK aims to be global leader in financial technology start-ups and as online lending outstrips growth of traditional banks European Companies News…
Peugeot inks fifth factory in China
Peugeot has been given clearance to build a plant in Chengdu, which will begin production in 2016 with the capacity to build 300,000 cars a year European Companies News…
BNP fine sparks calls for cultural change
Investors shrug off implications of record penalty as shares rise 4%, but bank faces calls for more senior executives to be held accountable European Companies News…
Merger creates Franco-German tank force
KMW and Nexter argue combination with €2bn in sales is ‘crucial’ to future of industry in Europe European Companies News…
NN IPO heading for €7bn valuation
Investors who placed orders with a limit lower than €20 a share risk missing out, people familiar with the matter said, as the offer is set to be priced near…
Novartis faces criminal charges in Japan
The Swiss drugs group is facing criminal charges on allegations that it failed to adequately oversee a former employee who allegedly manipulated clinical data European Companies News…
BNP pleads guilty and faces $8.9bn fine
The sanctions-busting case represents a significant stiffening of penalties against global financial institutions, which have paid more than 0bn in fines in recent years European Companies News…
