UBS hit by Facebook loss

UBS hit by Facebook loss

Swiss bank to take legal action against Nasdaq after taking SFr349m charge related to IPO that dragged its investment banking unit to a loss

BBVA absorbs Spanish provisions

BBVA absorbs Spanish provisions

Investors cheered despite profits halving in second half as the Bilbao-based bank sets aside €1.4bn against bad domestic property loans

Aer Lingus urges rejection of Ryanair bid

Aer Lingus urges rejection of Ryanair bid

Irish airline predicts that Brussels will block its low-cost rival's third takeover offer in six years over fears it could reduce competition

US distribution costs hit AB InBev

US distribution costs hit AB InBev

Higher distribution expenses in the US alongside bad weather in the UK and Belgium and regulation costs in Russia see brewer's earnings fall 4%
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