Week in Review, February 6

Week in Review

Oil majors, Swiss banks, Alphabet, ChemChina and BA in the news

Rare 1957 Ferrari sold for over €32m

Two bidders race over Le Mans 400bhp veteran

ArcelorMittal to raise $3bn to cut debt

Steelmaker aims to cut $15.7bn debt pile as losses rise sevenfold

Intesa profits hit by small banks rescue

Italy’s second-largest lender says loan portfolio is improving

VW postpones results over diesel scandal

Carmaker faces too much uncertainty over impact of issue

Combo image of A Holcim logo is pictured in front of the cement works in Eclepens near Lausanne February 25, 2014. Holcim, the world's largest cement maker, will publish its annual result for 2013 on February 26, 2014. REUTERS/Denis Balibouse (SWITZERLAND - Tags: BUSINESS) - RTR3FPFG and Filaret Galchev, Georgia-born billionaire, center, speaks to colleagues as he walks through the sponsors' hall at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, on Friday, May 23, 2014. SPIEF is an annual international conference dedicated to economic and business issues which takes place at the Lenexpo exhibition center May 22-24. Photographer: Andrey Rudakov/Bloomberg *** Local Caption *** Filaret Galchev
©FT Graphic

Collateral call spurs LafargeHolcim sale

Galchev’s Eurocement sold $1.5bn stake after lender’s request

British MEP worries about bank bailouts

Syed Kamall warns securitisation ‘comes with health warnings’

Just Eat deals target lead consolidation

Internet takeaway groups strike €125m agreement

Zika virus threatens Brazil’s Olympic boost

From pharmaceuticals groups to cruise operators, companies are only starting to fathom the impact

Hedgies get the drift at St Anton

No business like snow business for celebrating a payday bonanza

Beijing buys German waste-to-energy group

€1.44bn deal for EEW Energy from Waste underlines China’s growing interest in European technology

Numbers games and existential angst

AstraZeneca and Shell chiefs take the stage, who gets applause?

EU pushes China to cut back steel sector

Brussels plans anti-dumping investigations as block debates giving Beijing market economy status

Credit Suisse recovery plan hits snag

Cost-cutting plans have yet to make an impression on balance sheet

Shell boss predicts rebound in oil price

Not all executives share optimism, with ConocoPhillips cutting its dividend

ING earnings beat expectations

Higher margins and a bigger loan book are driving the Dutch lender’s profits

Credit Suisse: cheesed off

Investors who supported the rights issue have already lost a fifth

Credit Suisse brings home the global pain

Global finance hit by volatility, poor growth and negative rates

Irish comeback is no thanks to Brussels

Export-led revival has had little to do with ‘internal devaluation’

Conoco cuts dividend amid falling oil price

Company falls to loss in fourth quarter and becomes first large US producer to reduce its payout

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