Sino-French Club Med buyout faces legal hurdles

Sino-French Club Med buyout faces legal hurdles

Chinese and French investors' €550m offer is disrupted after regulator extends takeover period indefinitely while minority shareholders fight the deal in court

Ferrexpo holds off Brazilian rivals

Ferrexpo holds off Brazilian rivals

Ukrainian iron ore producer is well placed to be the big supplier to Asian steelmakers as falling transport costs helped it boost interim sales

Munich Re points to ‘difficult' market

Munich Re points to ‘difficult' market

Earnings at the group, whose biggest investor is Berkshire Hathaway, hit by €230m of payouts from natural disasters and €291m from man-made losses

Bailed-out Dexia suffers fresh loss

Bailed-out Dexia suffers fresh loss

First-half performance raises the prospect of fresh injection from French and Belgian governments as they struggle to rein in budget deficits

Portuguese treasury secretary quits

Portuguese treasury secretary quits

Joaquim Pais Jorge is alleged to have proposed swap contracts to officials in 2005 when he worked at Citigroup that would have masked public debt

Asia unit weighs on ING profits

Asia unit weighs on ING profits

Dutch lender posts bigger than expected fall of 39% in second-quarter profits after its Asian insurance and investment management arm swings into loss

Big Oil: vanishing returns

Big Oil: vanishing returns

World's biggest oil companies are not generating sufficient returns on high levels of spending, and investor interest has rarely been lower

Ex-Kagazy pair face IPO scam allegation

Ex-Kagazy pair face IPO scam allegation

Investors in the flotation of Kazakhstan Kagazy may have been defrauded of as much as $90m through a scam perpetrated by the former senior management

VimpelCom in talks over Italian market

VimpelCom in talks over Italian market

Group is also looking at options to sell its Canadian business although it has not yet made final decision, according to Jo Lunder, VimpelCom's chief executive

Monte dei Paschi launches lawsuits

Monte dei Paschi launches lawsuits

Monte dei Paschi launches lawsuits against Deutshe Bank, Nomura and its former chairman and chief executive related to losses on derivative trading
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