Lossmaking Polish carrier seeks new buyer after Istanbul-based group ends talks to acquire majority stake, amid claims the deal ‘made no sense'

European banks and insurers sell holdings to meet capital requirements, with Länsförsäkringar the latest group to seek buyers for its $1.5bn portfolio

Moves to develop a “banking union” face opposition from banks in Germany over fears they would be put on the hook to support weaker rivals

The former trader will set foot in a Paris courtroom again two years after he was sentenced to three years behind bars and ordered to pay €4.9bn

Despite football's acclaim, commercial and state broadcasters are battling with falling revenues and the high cost of television rights

Coup against Giovanni Perissinotto is reminiscent of a bygone era when shareholders discover the fate of their investment on the morning newspaper

Many European companies are concluding that the right thing to do in the euro crisis is to hand more cash back to their shareholders

Agency lowers the company's long-term credit rating and warns of a further cut depending on the financing of the deal with OHL in Brazil and Chile

Limitations on disclosure could make it hard for prospective buyer to complete due diligence on stake, effectively giving AAR a veto

Spain's Treasury plans to auction sovereign bonds this week, even though analysts say the country may soon need an international bailout