Monte dei Paschi targets return to profit

Monte dei Paschi targets return to profit

The Italian lender, which is receiving state aid, says it will return to profit in 2015 as it sheds 14% of its workforce and 13% of branches

Danone to take control of Centrale Laitière

Danone to take control of Centrale Laitière

Stake in Morocco's largest dairy production by market share raised from 29.2% to 67% at cost of €550m just days after surprise profits warning

Warsaw and Prague warn on bank union plan

Warsaw and Prague warn on bank union plan

The concerns of Poland and Czech Republic reflect anxiety across central Europe that the region could be hurt by the creation of a common regulation system

AstraZeneca defers Merck pact break-up

AstraZeneca defers Merck pact break-up

Move allows group to conserve several hundred million dollars in cash in the short term for acquisitions and share buybacks
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