Shareholders only narrowly pass resolution endorsing former chief's €1.5m non-competition pay-off as they vent anger over retailer's underperformance

Engineering turnround specialist is in discussions with German manufacturer of utility meters for an all-cash deal, but warned it could pull out without board approval

US oil group's decision to end exploration for the unconventional fuel deals a blow to Poland's hopes of hitting a shale gas bonanza

A slump in Spain, Portugal and Greece will almost bring overall growth in the region's media market to a halt, with eurozone woes hitting marketing budgets

Shortlived relief rallies suggest Europe's policy of incremental steps has left the market unconvinced that the eurozone crisis is being resolved

Chief executive admits the industry suffers from a credibility problem because of its opaque savings and investment offerings to consumers

The latest election has relegated Athens to a sideshow in the bloc's crisis – centre stage is the viability of the single currency

French retailer pulls out of the austerity-hit country ahead of elections on Sunday as Crédit Agricole transfers Greek subsidiary assets back to France

Turmoil in financial markets has already led Formula One to push its listing back and the British jeweller Graff has shelved its plans for a Hong Kong listing

América Móvil decision to buy the 21% stake that Austrian investor Ronny Pecik built is welcomed by telecoms group, part-owned by the government