| Steel groups lifted by improving outlook |
|
Rautaruukki Oyj climbed after Finland's biggest producer of steel benefited from a broker upgrade on the back of improving sentiment towards the industry
|
| Tata Motors hit by Daimler stake sale |
|
Shares in Tata Motors fell almost 6% after Daimler said that it had sold its 5.34% stake in India's largest carmaker to the group's founders and other investors
|
| Insults fly as tanker contract hopes die |
|
EADS adopts diplomatic stance as accusations of protectionism follow the collapse of the competitive $50bn tender to provide refuelling tankers to the US Air Force
|
| Europe cries foul over US defence tender |
|
European countries have accused Washington of foul play after the continent's largest aerospace and defence company pulled out of a multibillion-dollar race to supply the US military, alleging unfair competition
|
| Audi vows to get sales figure back on track |
|
The premium carmaker promises a swift return to pre-crisis sales and higher profitability, after it reports a less dramatic profit drop in the past year than its main competitors
|
| Buoyant Asian-Pacific bourses overtake European exchanges |
|
The value of trading on stock exchanges in the Asia-Pacific region overtook that of European rivals last year as markets rallied in the wake of the credit crisis
|
| Asia-Pacific exchanges overtake Europe |
|
As markets rallied last year in the wake of the credit crisis, the value of trading on stock exchanges in the Asia-Pacific region overtook that on European rivals
|
| Genmab hit by cancer drug trial results |
|
The drugmaker was the biggest loser on the FTSE Eurofirst 300 after its second drug trial failure in a year
|
| German cable group intent on €700m issue |
|
Kabel Deutschland IPO challenges assumption that the market may be closed after three offers were delayed last month
|
| VW joins rush into electric vehicles |
|
The German carmaker, a long-time sceptic about hybrid and electric cars, has officially shifted gears
|
| World leader chooses well-placed partner |
|
Royal Dutch Shell's move on Arrow Energy is an important step forward in the company's development of Australia's coal bed methane
|
| Daimler chief outlines euro paradox |
|
The weakening euro is a long-term problem for the European economy in spite of it boosting the fortunes of individual companies, says Dieter Zetsche, head of German carmaker Daimler
|
| Private investors fail to see Mifid benefits |
|
The EU Markets in Financial Instruments Directive was designed to cut the cost of dealing in company shares across Europe. But individual traders feel they have not been helped
|
| Investors attack EU share dealing reforms |
|
Critics say moves to slash costs for millions of private investors in Europe have failed to deliver what they promised, and have benefited big institutional traders instead
|
| Prisa seals $900m Liberty deal |
|
The heavily indebted Spanish media group has secured a complex merger agreement with a group of US investors that will see the 70% stake held by the Polanco family and its affiliates cut in half
|