European manufacturers need help compensating for depressed local markets, while Chinese and US sales advance

Low-cost German carrier's head of strategy takes top job amid a restructuring that has seen the fleet and capacity downsized and routes cut

Retailer will make an official announcement and discuss last-ditch measures to avoid closure after cancelling the lease on its Champs-Elysées site

Chinese wealth fund denies purchase of 4-10% of German luxury car and truckmaker despite report on Communist party's mouthpiece website

Spain's largest bank by assets seeks agreement on job losses, as it declines to comment on Spanish media reports of plans to cut 3,000 workers

Move will heighten competition for the labels that regulators forced Vivendi's Universal to sell as a condition of its £1.2bn purchase of EMI last year

Switzerland's oldest private bank is to cease operations having agreed to pay $57.8m over charges that it helped Americans to evade paying $1.2bn in tax

Air France-KLM expected to try to increase its stake as a lock-up in shares expires, prompting a clash over the future of the national airline

Sales of new cars in the UK reach their highest level since 2008 with growth improving throughout the year but level is still lower than pre-recession

Plan to give newspaper publishers the right to stop search engines from linking to their web pages if Google and its rivals refuse to pay royalties