Banks bow to EU over limit to bonuses Banks bow to EU over limit to bonusesLobbyists admit in private that they have lost the fight against a European Parliament initiative to limit the size of bonuses relative to salary
GM to shut Bochum plant after 2016 GM to shut Bochum plant after 2016Opel does not expect to continue production at its Bochum plant beyond the 2016 end of life cycle for the Zafira, a compact people-mover
Agricole prepares plans for Greek unit Agricole prepares plans for Greek unitFrench bank works out scenarios for Emporiki, which has already cost it €6bn in writedowns, in the event of worsening problems in its market
France to study reviving car industry aid France to study reviving car industry aidCarlos Tavares, the number two at Renault, raised the issue on Tuesday, citing shrinking car sales this year across Europe and particularly in France
Esprit/Inditex: a clothes call Esprit/Inditex: a clothes callRetailers should be more upfront – in particular, Esprit should not ask them to accept as a coincidence the exits of two top bosses in one day
Inditex shrugs off European woes Inditex shrugs off European woesThe Galician owner of the Zara clothing chain increases net profits 30% in the first quarter, a period in which it opened 91 new stores
Eon seeks €8bn over nuclear phase-out Eon seeks €8bn over nuclear phase-outGerman utility pursues Berlin for damages over the government's decision to replace nuclear power with renewable energy by 2022
Headwinds for Qantas break-even timeline Headwinds for Qantas break-even timelineWhat worries investors more than missed targets is the possibility it will lose its investment grade credit rating and be forced to raise equity
Stability is key, says German manager Stability is key, says German managerFreudenberg chief advocates continuity and scorns the tendency in the UK and US for the shareholders behind private companies to sell out
ING to pay $619m to settle sanctions case ING to pay $619m to settle sanctions caseThe US alleged the bank violated US sanctions by helping Iranian and Cuban companies move billions of dollars through the US financial system
Brazil mobile groups pay $1.3bn in auction Brazil mobile groups pay $1.3bn in auctionThe spectrum will be used for high-speed fourth-generation networks as Latin America's biggest economy prepares for major sporting events in the next four years
Italian insurers near four-way merger Italian insurers near four-way mergerApproval of capital increase by Fondiaria-Sai's controlling shareholder will lead to tie-up of the country's biggest insurers