Iceland recovers from its financial delusions Iceland recovers from its financial delusionsThe economy has shrunk, but not by much and less than other crisis-torn states such as Ireland, Estonia or Latvia, writes Tim Harford
Finish line nears for VW-Porsche merger Finish line nears for VW-Porsche mergerVolkswagen is to absorb the German sports car maker with a €4.5bn deal, ending a saga that has overshadowed both groups since 2005
Investors wary of Slovenia claim Investors wary of Slovenia claimConcerns centre on the banking system where, unlike in most central European countries, the biggest banks remain state-controlled
US raises fresh concerns over lower Libor US raises fresh concerns over lower LiborCommodities Trading Commission expresses doubts after the US dollar euribor was set at more than double the level of the UK benchmark on Friday
Areva in joint bid for UK nuclear project Areva in joint bid for UK nuclear projectFrench group teams up with China Guangdong to bid for the 6-gigawatt Horizon project that was put up for sale by German utilities RWE and EON
French oil tax to cost Total up to €160m French oil tax to cost Total up to €160mFrance's move to raise some €550m through a one-off tax on inventories could help depleted government coffers but hurt the struggling refining industry
Small caps: Drug OK lifts SkyePharma Small caps: Drug OK lifts SkyePharmaShares increase 26% after the European Commission grants long-awaited marketing approval to the group's Flutiform asthma medication
Credit rating agencies face new scrutiny Credit rating agencies face new scrutinyThe European Securities Markets Authority said this week it planned to inspect Fitch, Moody's and S&P on the way they evaluate European Union banks
Lotus F1 owner eyes €500m football deals Lotus F1 owner eyes €500m football dealsMangrove to target second-tier clubs as well as football-related business such as player agencies, academies and media rights concerns
France Telecom faces staff suicides probe France Telecom faces staff suicides probeCompany and two ex-executives face investigation over restructuring programme alleged to have caused 35 staff to kill themselves in 2008 and 2009
Universal woos Brussels over EMI deal Universal woos Brussels over EMI dealJean-René Fourtou, chairman of Vivendi, takes charge of the bid for the record labels in attempt to persuade regulators not to block £1.2bn deal
Permira plans to refinance Birds Eye Iglo Permira plans to refinance Birds Eye IgloThe €500m recapitalisation of the frozen foods business follows the collapse of sale talks with rival investors including Blackstone and BC Partners