Peripheral banks are moving in lockstep with their sovereigns again. Blame deleveraging

French dairy group to seek compensation for hit to sales caused by a warning issued by Fonterra over potentially infected supplies of whey protein

Scion's arrival at the top of one of world's largest ad groups comes just a few months after his father became vice-chairman of Vivendi

Eurotunnel is close to announcing an agreement with the two UK telecoms groups to provide voice and data services in the undersea tunnel

Barclays and Deutsche are diverging in terms of global ambition and priorities. But it is through the men at the helm that the contrast is clearest

BP, Royal Dutch Shell, Total, ExxonMobil and Partex to exit venture with emirate as it labours over the process of selecting new partners

Conference Board lists the top four challenges for this year as human capital, customer relationships, innovation and operational excellence

The activist hedge fund agrees to sell only part of its stake in German drugs distribution group to US-based McKesson, in spite of increased bid

Austrian bank said the move would help it buy back “some or all” of the €2.5bn participation capital it issued during the financial crisis “promptly”

UK manufacturer's approach for Finnish group, confirmed and pronounced dead simultaneously, looked like a good fit, but the timing is not quite right