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Europe / Russia

Tata Steel reports $1.3bn full-year loss

European unit has struggled with overcapacity and falling demand as construction sector shrank that damaged all of the continent’s leading steelmakers

Thursday, May 23, 2013 (Financial Times )

Urenco privatisation given go-ahead

Announcement clears the way for a sale later this year that could value the world’s second-largest uranium enrichment company at between €8bn-€14bn

Thursday, May 23, 2013 (Financial Times )

Dispute brews up over German shale search

Merkel faces headache from iconic German industry as she draws up framework to allow hydraulic fracturing to explore for energy supplies in Europe’s biggest economy

Thursday, May 23, 2013 (Financial Times )

GBL’s Frère a cross-border deals pioneer

Belgium’s richest man has controlled the investment group for three decades and it is one of the country’s top 10 companies by market value

Thursday, May 23, 2013 (Financial Times )

EU rushes out tax transparency law

Big companies’ tax affairs in Europe are to be opened up to greater public scrutiny with the EU rushing out a law to reveal profits and taxes

Thursday, May 23, 2013 (Financial Times )

Spain’s banks need €10bn more provisions

More than €200bn of loans rolled over before they expired – often because corporate borrowers would be unable to repay on time and in full, says recent data

Thursday, May 23, 2013 (Financial Times )

Spanish banks get tough on corporate debt

Even for Spanish companies outside the property sector, the moment is arriving when lenders may be unwilling to extend any more credit

Thursday, May 23, 2013 (Financial Times )

Financial transaction tax

The financial industry’s lobbyists are churning out warnings about a financial transaction tax, but there is no need to start panicking just yet

Thursday, May 23, 2013 (Financial Times )

Vivendi’s Charlier takes top job at SFR

Vivendi telecommunications chief will replace Stéphane Roussel as SFR chief executive, splitting the role from that of chairman ahead of a possible IPO

Thursday, May 23, 2013 (Financial Times )