UBS updates Facebook status UBS updates Facebook statusSwiss bank's SFr349m loss incurred as a result of Nasdaq's problems handling social network's listing is far greater than insiders expected
UBS – time to shrink UBS – time to shrinkThe Swiss bank's chief executive needs to tackle costs with the same rigour of his colleagues at Deutsche Bank
Fiat's US sales offset weak Europe Fiat's US sales offset weak EuropeItalian carmaker reports a trading profit from all regions except crisis-hit Europe, with a strong performance from Chrysler in the US
Total in Kurdistan deal with Marathon Total in Kurdistan deal with MarathonMove entails the French oil group acquiring a 35% stake in two blocks in the semi-autonomous region of northern Iraq and becoming a licence operator
Finmeccanica – take it easy Finmeccanica – take it easyThe Italian industrial group is out of intensive care and showing signs of recovery but should not try any acrobatics just yet
Finmeccanica upbeat as core profits rise Finmeccanica upbeat as core profits riseItaly's troubled defence and industrial group interprets the results as evidence that its restructuring is on track to meet year-end targets
Poker companies settle US fraud charges Poker companies settle US fraud chargesInternet poker players are set to recover hundreds of millions of dollars under a settlement between the US government and two of the world's biggest online gambling companies
European lenders take Libor scandal hit European lenders take Libor scandal hitDeutsche Bank and UBS, which are caught up in affair over alleged manipulation of key lending rates, reveal higher provisions and sharp profit falls
BP to appeal against $3bn Russia ruling BP to appeal against $3bn Russia rulingRussian court rules in favour of a small shareholder in TNK-BP who claimed damages over the UK oil group's abortive alliance with Rosneft
European cars – not turning yet European cars – not turning yetThe lowest European automotive demand in almost two decades has forced some manufacturers to act, but there is much more work to be done
Universal in talks to hive off Parlophone Universal in talks to hive off ParlophoneSale of one of the crown jewels of EMI and home to Coldplay and Gorillaz an attempt to overcome the concerns of EU regulators
Debt crisis punishes European industrials Debt crisis punishes European industrialsRenault, Lafarge and Saint-Gobain provide evidence of the damage being inflicted on industrials by the continent's sovereign debt crisis