A folk hero's fall from grace

A folk hero's fall from grace

Quinn Group founder may be jailed this week for contempt of court after Dublin High Court judge rules against him and two family members

Vivendi ordered to pay €765m to Liberty

Vivendi ordered to pay €765m to Liberty

New York jury tells French group to pay damages of €765m in a case dating back to a $10.3bn television network deal struck a decade ago

Nigeria losing $1bn a month to oil theft

Nigeria losing $1bn a month to oil theft

‘We have to get very serious about the bunkering issue,' says Ngozi Okonjo-Iweala, the finance minister, as criminal activity soars

Property deals plunge in eurozone periphery

Property deals plunge in eurozone periphery

The 65% fall in transactions highlights the extent of investor reluctance to hold fixed assets in countries seen as most in danger of exiting the euro area

Monte dei Paschi: crunch time

Monte dei Paschi: crunch time

Italy's third-biggest bank must detail how it will raise the €3.3bn of extra capital required by the European Banking Authority

Shell set to gain Arctic drilling permits

Shell set to gain Arctic drilling permits

Oil company has met US regulator's technical standards for preventing and containing spills, Ken Salazar, US interior secretary, says

Monte dei Paschi receives €2bn state aid

Monte dei Paschi receives €2bn state aid

Italy's third-biggest bank by assets is set to receive €2bn of government loans to help meet new capital requirement rules

United backs US airline consolidation

United backs US airline consolidation

Largest US airline by revenue supports more consolidation of the domestic market and would not object to a merger between US Airways and American Airlines

Dublin court rules Quinns in contempt

Dublin court rules Quinns in contempt

Three members of the family, the court says, opposed Anglo at every step in its pursuit of property assets and were in breach of court injunction

Spanish stress test bars foreign banks

Spanish stress test bars foreign banks

In the runup to a bailout, foreign-owned lenders are excluded from the test, as their stronger capitalisation risks skewing the aggregate figures
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