Europe cyber security VC fund to launch
Concerns about US security companies after Edward Snowden leaks have pushed some European groups to consider sourcing security products closer to home European Companies News…
Car industry attracts £450m overseas funds
Production hits record levels as overseas investors fund 80 projects as part of government efforts to arrest decline in the automotive supply chain European Companies News…
China blocks three-way shipping alliance
AP Møller-Maersk, Mediterranean Shipping Company and CMA CGM had hoped to form the so-called P3 Network to cut costs and boost the number of sailings European Companies News…
Wizz Air abandons plans for London IPO
Hungarian budget carrier’s retreat follows a difficult week for European airlines, including profit warnings from both Lufthansa and Aer Lingus European Companies News…
Airbus and Safran unite for space race
Companies to develop launching technology in effort to take on low-cost US rivals and ensure Europe hangs on to its position in the space race European Companies News…
Credit Suisse and Yorkshire fined £3.8m
Financial Conduct Authority says it was ‘unacceptable’ that both the bank and building society flagged up a product’s maximum return European Companies News…
German alarm over key EU telecoms tie-up
Antitrust watchdog’s concerns over €8.8bn deal between Telefónica and KPN-owned E-Plus brings more scrutiny to merger that is already highly political European Companies News…
Berlin probes RWE deal with Russian group
Merkel government examines domestic energy group’s planned deal to sell division to investment company controlled by oligarch Mikhail Fridman European Companies News…
Electric-car sector eyes more teamwork
Nissan, BMW and Tesla keen to discuss standardising global vehicle-charging standards in further sector attempt to promote low-emission autos European Companies News…
