Vladimir Putin has moved to further weaken his PM's control over the energy sector, creating a special presidential commission for strategic development of the sector

Bankia saga prompts angry savers to consult lawyers, and is expected to lead to a flood of lawsuits that will cause new headaches for Madrid

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

Credit rating agency cites exposure to the Netherlands' shrinking economy and falling real estate market as main factors for downgrading five lenders

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

A significant overhaul that changes nothing in terms of overall strategy, and that must remain the overriding concern for investors

Losses are mounting as it becomes even clear that Nokia is losing the mobile phone war to Apple and phones using the Android operating system

Lobbyists admit in private that they have lost the fight against a European Parliament initiative to limit the size of bonuses relative to salary

Rating agency warns further downgrades are possible if the group's cash falls below €3bn, while separately Fitch warns it is 'running out of time'

Opel does not expect to continue production at its Bochum plant beyond the 2016 end of life cycle for the Zafira, a compact people-mover