Western Europe
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When German officials said they would save the euro zone at all costs, the prospect of bailing out Russian oligarchs was not what they had in mind, the New York Times reports.
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The board of Italy's highways regulator, ANAS, has decided to sue highway operator Autostrade for failing to make $2.7 billion in investments stipulated by its tollways license.
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Swedish truckmaker Scania's chief executive apologized Friday for drawing parallels between German rival MAN's hostile takeover bid and Nazi tactics during World War II.
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The European Commission on Friday approved the acquisition of America On Line's British Internet access business by Carphone Warehouse Group, seeing no antitrust problems.
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GlaxoSmithKline has agreed to buy privately owned biotech company Domantis Ltd, a specialist in developing a new generation of antibody drugs, for 230 million pounds ($452.8 million).
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German consumer confidence has edged up to a new five-year high as shoppers eye purchases ahead of a planned New Year increase in value-added tax and unemployment falls, according to a survey released Tuesday.
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As expected the European Central Bank raised short-term interest rates to 3.5% from 3.25% and ECB President, Jean-Claude Trichet, has signalled that more hikes are on their way.
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French construction and telecom company Bouygues said Thursday strong growth in its construction and road building businesses boosted profit by 36% in the third quarter.
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An Italian administrative court has ruled in favor of a government decision to block Autostrade's deal with Spanish infrastructure company Abertis Infraestructuras, Autostrade said Thursday.
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Gordon Brown, the U.K.’s Chancellor of the Exchequer, raised the growth forecast for Britain's economy Wednesday to an annual rate of 2.75% for 2006, compared to earlier forecasts of 2% to 2.5%.
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ISS, a global proxy advisory firm, recommended that Euronext shareholders vote in favor of the pan-European exchange's planned merger with New York Stock Exchange NYSE Group, Euronext said on Wednesday.
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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.
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Santa Claus is as likely to be coming through cyberspace in Europe this year as down the chimney stack.
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Tesco, Britain's largest supermarket chain, said Wednesday it bought the Makro cash and carry business in Malaysia for an undisclosed sum.
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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.
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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.
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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.
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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.
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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.
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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.
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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.