Consumers are largely steering clear of rechargeable hybrid cars because of their relatively high price but the technology does still have a future

Four of Europe's largest independent labels and distributors back the EMI deal, but others fear Vivendi will gain unprecedented market power

Single currency falls to its lowest against the greenback since June 2010 after ECB says it will stop accepting Greek sovereign bonds and other assets

On 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

EU launches an in-depth investigation into the €5.2bn takeover bid, citing concern about a ‘very high combined market share' for parcel services

The 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

Approval of aid to Spanish banks comes as bond yields rise above 7.1 per cent and finance minister downgrades GDP forecast for 2013

After owning half of Asia Pacific Breweries for 80 years, the brewer has decided it wants the rest. But is it too late to make a move?

The chairmen of Iberdrola, Gas Natural and Endesa have begun a round of last-minute lobbying by requesting an urgent meeting with the prime minister

The impending depature of Maurice Lévy from the French advertising agency will bring to an end a career spanning over 40 years at the company

Holdings have tumbled by $540bn from a $1.51tn peak in September 2007 amid bank failures, asset writedowns and the sale of loans and businesses

Finnish handset maker in talks with groups over forming an exclusive opportunity to launch a smartphone using the Windows 8 platform from Microsoft