Europe / Russia

Deutsche Boerse profit doubles to 848 mn euros

German stock market operator Deutsche Boerse said Monday its net profit doubled last year to 848 million euros ($1.1 billion) and that prospects for 2012 were good despite the failure of a merger with

Monday, February 13, 2012 (France24)

Emissions trading: Cheap and dirty

As hostility to its carbon market mounts, the linchpin of Europe’s effort to curb global warming is at risk of collapse, writes Joshua Chaffin

Monday, February 13, 2012 (Financial Times )

Schaeffler boost for bondholder rights

German group attaches voting rights to senior secured high yield investments in event of restructuring, signalling turning point for market

Monday, February 13, 2012 (Financial Times )

Bettencourt quits L’Oréal board

The octogenarian billionaire heiress’s place on the cosmetics group’s board will be replaced by her 25-year-old grandson Jean-Victor Meyers

Monday, February 13, 2012 (Financial Times )

Standard & Poor's downgrades 15 Spanish banks

Standard & Poor's on Monday lowered the credit rating of 15 Spanish banks in a move that follows the agency's downgrade of Spain on January 13.Spain's biggest financial institutions were hit including

Monday, February 13, 2012 (France24)

EU approves Google's $12.5-bn Motorola takover

European Union competition regulators approved on Monday the $12.5-billion takeover of Motorola Mobility by Google, judging the move unlikely to impact on the market for smartphone operating systems."

Monday, February 13, 2012 (France24)

France Telecom seeks Egyptian deal

Group offers to buy majority of Egyptian telecoms operator Mobinil from tycoon Naguib Sawiris and then change the name of the business to Orange

Monday, February 13, 2012 (Financial Times )

Fitch downgrades Spain's four largest banks

Fitch Ratings on Monday lowered the credit rating of Spain's four largest banks, including Santander, in a move that follows the agency's two-notch downgrade of Spain last month.The agency cut its rat

Monday, February 13, 2012 (France24)

EU executive defends contested online piracy pact

The European Commission on Monday defended a global online-piracy pact opposed by some EU states and still to be ratified by the European Parliament.Defending the Anti-Counterfeiting Trade Agreement (

Monday, February 13, 2012 (France24)

Wendel on European acquisition hunt

French investment company scales up ambitions and eyes groups worth up to €1bn, particularly those in Germany, Belgium, Luxembourg and the Netherlands

Monday, February 13, 2012 (Financial Times )

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