BASF cuts forecast amid China slowdown

Chemical group revises sales projection in face of uncertainty

ECB stress test likely to snare 25 lenders

About 10 banks with shortfalls may still need extra capital

Deutsche Bank to set aside further €1bn

Charge to bring total litigation pot to €3.1bn

Ex-Glencore executive wins pay case

Elliston entitled to severance in addition to ‘transaction bonus’

UK drugmakers show standalone strength

Record results for Shire; AstraZeneca wins backing for new drug

Week in Review

Week in Review, October 25

Total chief killed in crash; also news on Yahoo, Libor and Tesco

Joe Cummings illustration

Patrick Pouyanné, the Total package

French oil company’s new chief is a forceful presence and tough boss

Chiquita slips from Fyffes grasp

Deal with Brazilians looms as shareholders reject merger with rival

Volvo trucks

Volvo increases cost-saving target

Truckmaker’s third-quarter underlying operating profit rises 16%

Lower bad loan costs boost Caixabank

Sharp rise in profit further evidence of nascent Spanish recovery

Thirty-one banks prepare for Fed tests

Rise in oil price and US jobless rate among scenarios for 2015

Unilever sales growth at 5-year low

Sharp slowdown in China adds to Europe woes

Weak Gucci sales hold back Kering growth

Analysts sceptical about French luxury group’s upbeat remarks

Spying fears prompt Amazon German centres

Company responds to concerns about US internet surveillance

Publicis results lag behind rivals

Advertising company is regrouping after failed Omnicom merger

Credit Suisse cuts investment bank again

Aim is to cut leverage exposure by a further SFr70bn

Daimler earnings boost dividend hopes

Higher payout possible after jump in cash pile

Cost-cutting stabilises margins at Orange

French telecoms group has been fighting a price war

Nokia’s broadband gamble pays off

Company reports first annual sales rise in more than three years

Luxottica picks P&G man for co-CEO post

Mehboob-Khan to run Italian company alongside insider Vian


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