Second-quarter rise in profits offers good news for investors after the announcement of a delay in the Dutch delivery group's takeover by UPS

Shares rise after the Franco-German airline forecast that cost cutting will help improve its performance in the second half of the year

Backers say the arrangement would free up capital and leave the specialist insurer better placed to reach deals with larger pension schemes

Move by Russian billionaire partners to torpedo BP's dividend proposal puts further pressure on the UK oil group to resolve dispute over the company

Average ticket price rises just 4% at airline in first quarter, compared with 16% last year, reflecting customers' unwillingness to spend

Friedrich Joussen, who led Vodafone's German unit for seven years, will replace Michael Frenzel as the travel group's new head in February 2013

Chief is adamant the French ad group is not vulnerable to a takeover and says he expects to still be running the company in a decade

German lender feels impact of eurozone crisis amid low investor confidence and as companies elect not to pursue initial public offerings

Employees stage a protest against consolidation of the sector following the takeover of state-owned ATEbank by Piraeus Bank

Nintendo shows more than 20 games for its Wii U unit, due out later this year