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S&P raises fears over health of some banks

A study by Standard & Poor’s, one of the world’s leading credit rating agencies, raises questions over the financial strength of some of the biggest banks ahead of new rules that could require them to raise more funds

TF1 agrees Canal Plus stake sale to Vivendi

Sale brings in much-needed cash for France’s largest television group which has had a difficult year, following a drop in advertising revenues and the erosion of its audience share

Turner to testify at EADS inquiry

Mike Turner has turned up as a key witness in France’s largest insider dealing case as the country’s Financial Markets Authority launched the final phase of its investigation

GM prepares to outline Opel strategy

European government officials expect the US carmaker to unveil plans for its Opel unit and agree to discuss the restructuring in depth in the first week of December

Chi-X leaves upstart label behind

In continental Europe, Chi-X regularly trades enough shares in blue-chips such as ST Microelectronics and Siemens that, while it is technically not an ‘exchange’ like Euronext or Deutsche Börse, it still ranks as third-largest trading platform

German ship owners pull aid requests

Two large container ship owners that requested aid from the German state have withdrawn their applications, in a move that raises questions about the government’s stance towards the sector

Private equity chief in rallying call

Chief executives of private equity-backed companies should speak out to defend the industry against ‘misguided’ European Union regulation, according to the new head of the European Private Equity and Venture Capital Association

Cosmens raise National Express stake

National Express’s biggest shareholder increases its shareholding ahead of a vote on Friday that will decide whether the transport group’s £360m rights issue goes ahead

Hochtief infrastructure listing bucks trend

Hochtief Concessions’ planned stock market listing of up to €1bn reverses a global delisting trend of infrastructure assets in recent years

BBVA set to raise Chinese bank stake

The Spanish banking group is set to invest a further €1.1bn to lift its strategic stake in China Citic Bank and cement its position as one of the leading European investors in mainland Chinese banking

Creditors sweeten Wind Hellas bid

Prospect of BA and Qantas link-up resurfaces

BA chief warns cabin crew over strike

Spanish step is start of ex-pilot’s global wish-list

Interview transcript: Willie Walsh, chief executive of British Airways

Europe looks to lead green revolution

Fight to be eco top dog hots up

BBVA confident of China mission

Sanofi chief lays out distinctive strategy

Pragmatism spurs a shift towards luxury lifestyle

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