Europe
Peugeot plots overseas drive
PSA Peugeot Citroën might form a second joint venture in China, part of a plan to boost overseas sales and take on industry leaders, according
Ericsson faces last hurdle for Nortel assets
Courts are expected to approve Ericsson’s $1.1bn bid for most of the core wireless assets of Nortel Networks after outbidding Nokia and MatlinPatterson in a ...
Sarkozy taken ill while exercising
The French president was flown to a military hospital after falling ill while jogging at his weekend retreat near Versailles. He was later said to ...
Hungary offers bail-out for Permira deal
The Hungarian government is throwing a lifeline to one of eastern Europe’s biggest private-equity deals with the offer of a €100m loan to Borsodchem, the ...
Warning to UK and France on derivatives
Rivalry between Paris and London could jeopardise Europe’s future competitiveness in the vast over-the-counter derivatives markets, France’s stock market regulator has warned ...
Stronger dollar dents profits at Novartis
Novartis, the Swiss drugs group which reports in dollars, reported a fall in profits following a period of strength for the US currency against the ...
Paulson grilled over BofA-Merrill deal
Hank Paulson, the former US Treasury secretary, returned to Capitol Hill to defend his actions at the height of the financial crisis when he told ...
Icelandic MPs clear way for EU talks
Iceland’s parliament voted to authorise the government to begin accession talks with the European Union, a movel hailed by the Atlantic nation’s prime minister as ...
RHJ prepares improved Opel offer
Talks between GM and RHJ, a Brussels-listed industrial holding company linked to US buy-out firm Ripplewood, have continued through the weekend at GM’s European headquarters ...
EDF confirms asset swap talks with Enel
EDF, the French electricity provider, confirmed it was in talks with Enel of Italy over an asset swap ...
