UBS – time to shrink
The Swiss bank's chief executive needs to tackle costs with the same rigour of his colleagues at Deutsche Bank
Financial Times
Fiat's US sales offset weak Europe
Fiat's US sales offset weak Europe
Italian carmaker reports a trading profit from all regions except crisis-hit Europe, with a strong performance from Chrysler in the US
Total in Kurdistan deal with Marathon
Total in Kurdistan deal with Marathon
Move entails the French oil group acquiring a 35% stake in two blocks in the semi-autonomous region of northern Iraq and becoming a licence operator
Finmeccanica – take it easy
Finmeccanica – take it easy
The Italian industrial group is out of intensive care and showing signs of recovery but should not try any acrobatics just yet
