Turkish Airlines drops bid for Lot Turkish Airlines drops bid for LotLossmaking Polish carrier seeks new buyer after Istanbul-based group ends talks to acquire majority stake, amid claims the deal ‘made no sense'
Bank union advocates hit German opposition Bank union advocates hit German oppositionMoves to develop a “banking union” face opposition from banks in Germany over fears they would be put on the hook to support weaker rivals
Ad woes leave Spanish TV offside Ad woes leave Spanish TV offsideDespite football's acclaim, commercial and state broadcasters are battling with falling revenues and the high cost of television rights
Dividends are the fashion item in Europe Dividends are the fashion item in EuropeMany European companies are concluding that the right thing to do in the euro crisis is to hand more cash back to their shareholders
Oligarchs threaten BP's Russia sale plans Oligarchs threaten BP's Russia sale plansLimitations on disclosure could make it hard for prospective buyer to complete due diligence on stake, effectively giving AAR a veto
Financials selling private equity stakes Financials selling private equity stakesEuropean banks and insurers sell holdings to meet capital requirements, with Länsförsäkringar the latest group to seek buyers for its $1.5bn portfolio
Kerviel set for SocGen appeal case Kerviel set for SocGen appeal caseThe 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
Italy bruised by removal of Generali chief Italy bruised by removal of Generali chiefCoup against Giovanni Perissinotto is reminiscent of a bygone era when shareholders discover the fate of their investment on the morning newspaper
S&P downgrades Spain's Abertis S&P downgrades Spain's AbertisAgency 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
Spain seeks centralised budget control Spain seeks centralised budget controlSpain's Treasury plans to auction sovereign bonds this week, even though analysts say the country may soon need an international bailout
G7 to hold emergency eurozone talks G7 to hold emergency eurozone talksFinance ministers and central bankers of the G7 leading industrialised powers are to hold emergency talks on the eurozone debt crisis
Repsol keeps seat on YPF board Repsol keeps seat on YPF boardSpanish group names independent lawyer Luis García del Río as its representative on the nationalised Argentine company's new 17-member board