European cars – not turning yet

European cars – not turning yet

The lowest European automotive demand in almost two decades has forced some manufacturers to act, but there is much more work to be done

Sales chip away at bad loans in Europe

Sales chip away at bad loans in Europe

European banks sold loans with a face value of about €27bn in the first six months of 2012 – and look set to smash last year's record €36bn, PwC estimates

Universal in talks to hive off Parlophone

Universal in talks to hive off Parlophone

Sale of one of the crown jewels of EMI and home to Coldplay and Gorillaz an attempt to overcome the concerns of EU regulators

Piraeus to buy ATEbank's healthy assets

Piraeus to buy ATEbank's healthy assets

Takeover will mark the sector's first consolidation ahead of a planned €50bn recapitalisation of Greece's biggest banks under the terms of its second bailout

Debt crisis punishes European industrials

Debt crisis punishes European industrials

Renault, Lafarge and Saint-Gobain provide evidence of the damage being inflicted on industrials by the continent's sovereign debt crisis

Norway's force in the oil world

Norway's force in the oil world

Helge Lund, the head of the Norwegian oil group Statoil, hides a fierce ambition behind his reserved exterior, writes Guy Chazan

BP case a red flag for foreign investors

BP case a red flag for foreign investors

Ruling in which a TNK-BP shareholder won a $3.1bn suit in Russia highlights how a weak judicial system is used as a weapon in business disputes

German banks cut back periphery lending

German banks cut back periphery lending

Cross border lending to weaker EU partners has dropped by nearly a fifth since January to the lowest level since 2005, according to central bank data

Draghi turns back the tide – for now

Draghi turns back the tide – for now

ECB may have to mull options, like larger-scale asset purchases, its president had hoped would stay locked away in Frankfurt filing cabinets

Move to break links with banks

Move to break links with banks

As bank and sovereign become more closely tied, lenders in weaker countries have in effect been seen as proxies for problems in the sovereign and vice versa
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