CEZ may sell power plants to satisfy EC CEZ may sell power plants to satisfy ECA deal to reduce its control of the Czech electricity market could end the threat of a fine of up to $520m being imposed by Brussels
Commerzbank pulls out of shipping finance Commerzbank pulls out of shipping financeStrategic review set to lead to an end of ship finance and commercial property lending as the German bank continues to cut back on non-core operations
United backs US airline consolidation United backs US airline consolidationLargest US airline by revenue supports more consolidation of the domestic market and would not object to a merger between US Airways and American Airlines
Shell set to gain Arctic drilling permits Shell set to gain Arctic drilling permitsOil company has met US regulator's technical standards for preventing and containing spills, Ken Salazar, US interior secretary, says
Banker in F1 bribes case found guilty Banker in F1 bribes case found guiltyGerhard Gribkowsky has been sentenced by a German court to eight years for accepting $44m in corrupt payments relating to the sale of F1 to CVC
Glencore / Xstrata: price stratas Glencore / Xstrata: price stratasDemands by Qatari investors for a higher price to complete the “merger of equals” will most likely end up with all parties agreeing to meet half way
Vivendi: awaiting action Vivendi: awaiting actionSpeculation about an imminent disposal or break-up plan has been circulating recently but investors should treat such rumours with scepticism
Monte dei Paschi targets return to profit Monte dei Paschi targets return to profitThe Italian lender, which is receiving state aid, says it will return to profit in 2015 as it sheds 14% of its workforce and 13% of branches
Glencore's $65bn deal close to collapse Glencore's $65bn deal close to collapseCommodities trader is considering a proposal from the mining company to amend management incentives linked to the proposed $65bn merger
Danone to take control of Centrale Laitière Danone to take control of Centrale LaitièreStake in Morocco's largest dairy production by market share raised from 29.2% to 67% at cost of €550m just days after surprise profits warning