ECB ramps up pressure on Greece ECB ramps up pressure on GreeceEuropean Central Bank refuses to accept Greek government debt in exchange for central bank funds ‘for the time being'
Heineken bids for Asia Pacific Breweries Heineken bids for Asia Pacific BreweriesDutch brewer offers $4bn to buy out its joint venture partner, Fraser and Neave, for control of the Singapore-based maker of Tiger Beer
Electric cars struggle to build momentum Electric cars struggle to build momentumConsumers are largely steering clear of rechargeable hybrid cars because of their relatively high price but the technology does still have a future
Universal's Grainge wins unlikely backing Universal's Grainge wins unlikely backingFour of Europe's largest independent labels and distributors back the EMI deal, but others fear Vivendi will gain unprecedented market power
Spain's borrowing costs hit near euro-era highs Spain's borrowing costs hit near euro-era highsSingle currency falls to its lowest against the greenback since June 2010 after ECB says it will stop accepting Greek sovereign bonds and other assets
Trial of UBS trader delayed for a week Trial of UBS trader delayed for a weekAdoboli defence team granted more time in light of the volume of material that needs to be examined before September hearing
Cartesian takes stake in Moscow exchange Cartesian takes stake in Moscow exchangeHolding of 2.5% taken in the Moscow Exchange Micex-RTS alongside the Russian Direct Investment Fund ahead of the bourse's IPO next year
Libor casts shadow over swaps ball Libor casts shadow over swaps ballOn October 5, derivatives traders from across Europe will gather for the annual “swaps ball” but this year the event may be a little less upbeat
Brussels investigates UPS-TNT deal Brussels investigates UPS-TNT dealEU launches an in-depth investigation into the €5.2bn takeover bid, citing concern about a ‘very high combined market share' for parcel services
Gene therapy wins Europe approval Gene therapy wins Europe approvalThe drug Glybera, a treatment for a rare genetic disease which will cost more than €1m per patient, will be the most expensive medicine on the planet
Bank bailout fails to ease Spain concern Bank bailout fails to ease Spain concernApproval of aid to Spanish banks comes as bond yields rise above 7.1 per cent and finance minister downgrades GDP forecast for 2013
Cove Energy/Shell Cove Energy/ShellInvestors should be pleased that the multinational demonstrated pricing discipline in the face of an escalating bidding war