Credit rating agencies face new scrutiny

Credit rating agencies face new scrutiny

The European Securities Markets Authority said this week it planned to inspect Fitch, Moody's and S&P on the way they evaluate European Union banks

Warring oligarchs take case to High Court

Warring oligarchs take case to High Court

The case centres on Michael Cherney who is suing Oleg Deripaska, claiming he was a partner of the billionaire and helped him build his empire

Lotus F1 owner eyes €500m football deals

Lotus F1 owner eyes €500m football deals

Mangrove to target second-tier clubs as well as football-related business such as player agencies, academies and media rights concerns

Areva could build UK reactors

Areva could build UK reactors

Chinese investment in energy will be controversial but not unprecedented: CGNPC owns a uranium company, PetroChina has invested in the Grangemouth refinery

France Telecom faces staff suicides probe

France Telecom faces staff suicides probe

Company and two ex-executives face investigation over restructuring programme alleged to have caused 35 staff to kill themselves in 2008 and 2009

Universal woos Brussels over EMI deal

Universal woos Brussels over EMI deal

Jean-René Fourtou, chairman of Vivendi, takes charge of the bid for the record labels in attempt to persuade regulators not to block £1.2bn deal

Permira plans to refinance Birds Eye Iglo

Permira plans to refinance Birds Eye Iglo

The €500m recapitalisation of the frozen foods business follows the collapse of sale talks with rival investors including Blackstone and BC Partners

Fashion follows trend for hard luxury

Fashion follows trend for hard luxury

Louis Vuitton follows in footsteps of rival luxury goods groups by opening a boutique, selling branded fine jewellery. Versace plans to open standalone stores
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