Hedge fund sues McKesson over Celesio

Hedge fund sues McKesson over Celesio

Magnetar Capital, which owned stake in pharmaceutical company Celesio, says smaller investors should have been offered more in takeover deal

Monte dei Paschi to give €4bn to state

Monte dei Paschi to give €4bn to state

Shareholders vote to back the €5bn capital raising, allowing Italy's third-largest bank by assets to pay back a first tranche in state bailout bonds

Maersk raises profit guidance

Maersk raises profit guidance

Danish group posts stronger-than-expected first-quarter results as it reaps the reward of big cost cuts and an uptick in global trade

Club Med: sunburn

Club Med: sunburn

Investors should wonder whether they want to sell out just as the weather is improving

Kazakhs feel effects of Russia slowdown

Kazakhs feel effects of Russia slowdown

Astana prepares measures to boost the Kazakh economy as Russia's slowdown triggers a ripple of alarm for regional political leaders

Commerzbank suspends 2 currency traders

Commerzbank suspends 2 currency traders

Frankfurt-based bank moves swiftly to tackle potential problem after it uncovers evidence of efforts to control euro and the Polish zloty

Spotify doubles subscribers to 10m

Spotify doubles subscribers to 10m

Digital music service races ahead of rivals such as Beats and Deezer to become world's biggest, boasting 40m active users in 56 countries
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