French bank works out scenarios for Emporiki, which has already cost it €6bn in writedowns, in the event of worsening problems in its market

Mr Hollande's stability pact falls far short of the sort of sovereignty-sharing Berlin says its wants. But then, Berlin may want too much

Carlos Tavares, the number two at Renault, raised the issue on Tuesday, citing shrinking car sales this year across Europe and particularly in France

While BP has made mistakes and suffered some bloody noses with its Russian joint venture, its financial gamble has, broadly, paid off

Retailers should be more upfront – in particular, Esprit should not ask them to accept as a coincidence the exits of two top bosses in one day

Some say the commonest response is likely to be further salary inflation to rebalance the ratio, but that will reduce flexibility in tough times

The Galician owner of the Zara clothing chain increases net profits 30% in the first quarter, a period in which it opened 91 new stores

Concern among some of world's top central bank officials ahead of Greek election this weekend, seen as a pivotal moment for future of single currency

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

The move effectively keeps Shell's options open for raising its bid for the east African gas explorer after the latter spurned its £1.12bn offer