Ermotti shifts UBS's investment vision

Ermotti shifts UBS's investment vision

The bold move to concentrate on equities trading, advisory work, foreign exchange and precious metals marks the first decisive retrenchment of a large investment bank

Skins seeks damages over Armstrong scandal

Skins seeks damages over Armstrong scandal

Move by Australian sports wear group to seek damages raises the possibility that others might also launch action against Union Cycliste Internationale

Commerzbank to revamp retail operations

Commerzbank to revamp retail operations

The plans to be announced this week by the bank could intensify the battle for market share in Germany's fragmented banking system,

Investindustrial in PortAventura deal

Investindustrial in PortAventura deal

Italian private equity group took initial 50 per cent holding in the theme park three years ago, and will now acquire remaining stake from La Caixa

Drinks companies battle counterfeiters

Drinks companies battle counterfeiters

Issue has resurfaced amid a rising death toll in the Czech Republic, where 30 people have died from drinking a fake version of a local rum

Kcell set to pursue listing in London

Kcell set to pursue listing in London

Kazakhstan mobile operator plans to list about a quarter of its equity for up to £500m in a fresh test of investor appetite in former Soviet groups

Cameron Gulf tour to mend trade links

Cameron Gulf tour to mend trade links

Prime minister sidesteps concerns over regional security and human rights in the UAE in an effort to get the UK economy moving again

Pharmas offer to cap cost of Greek medicine

Pharmas offer to cap cost of Greek medicine

EU trade body pledges to finalise a “clawback” by which its members would absorb any excess beyond a 2012 expenditure target of €2.9bn

Investcorp to buy Georg Jensen for $140m

Investcorp to buy Georg Jensen for $140m

Middle Eastern investment house is buying business, founded by the Danish designer in 1904 from private equity firm Axcel Capital Partners

VW to issue €2bn of debt

VW to issue €2bn of debt

Carmaker plans to replenish its capital following several acquisitions and planned investments by issuing €2bn of debt that must be converted to equity
VZMD EuropeanShareholders WFI investo.international investome_logo betterfinance eurofinuse