The euro zone's new chief banking regulator has warned that some of the region's lenders have no future and should be allowed to die, the FT reports.» Read More
Luxury automaker Porsche's sales in the first four months of its fiscal year were up nearly half a percent thanks to demand for its 911 and Boxster models, but the company said Wednesday it anticipated little growth until it releases its new Panamera in 2009.
Santa Claus is as likely to be coming through cyberspace in Europe this year as down the chimney stack.
Tesco, Britain's largest supermarket chain, said Wednesday it bought the Makro cash and carry business in Malaysia for an undisclosed sum.
Royal Bank of Scotland Group said Wednesday that its full-year results are likely to be slightly higher than the market consensus due to growing income and efficiency gains.
Arcelor Mittal announced Wednesday it will sell the German steel company Stahlwerkl Thueringen to Spain's Grupo Alfonso Gallardo as part of its commitment to soothe EU antitrust worries.
Cable and telephone company NTL said Wednesday it has abandoned its takeover bid for Britain's largest independent television broadcaster ITV PLC and will concentrate on integrating its business units.
Europe's biggest bank HSBC Holdings said on Tuesday its financial performance in the third quarter was ahead of a year ago but its underlying revenue growth slowed from the first half of the year.
Woolworths Group, a British retailer of goods ranging from food to DVDs, said Tuesday it may not meet analysts' forecasts after sales fell in October and November.
Britain's biggest retailer, Tesco, met forecasts on Tuesday with a 5.6% rise in third-quarter like-for-like sales in its core U.K. market, excluding fuel.
Dutch retailer Ahold posted a third-quarter net profit on Friday, slightly above analysts' forecasts, and said the fourth quarter would continue to be challenging.
British manufacturing activity growth unexpectedly slowed in November to its weakest pace in eight months and firms' prices rose at their slowest rate in six months, a survey showed on Friday.
German industrial conglomerate ThyssenKrupp said Friday that its net profit rose by 58 percent in its latest fiscal year, helped by a robust steel business.
British soft drinks company Britvic reported flat yearly profits on Thursday as increasingly health-conscious consumers shun its fizzy drinks such as Tango.
Germany's unemployment rate dropped to 9.6 percent in November as the number of people out of work fell below 4 million for the first time in more than four years, government figures showed Thursday.
German retail sales declined slightly in October, confounding expectations of rising consumer sentiment, according to government figures released Thursday.