Russia targets western businesses

Moscow reacts to sanctions imposed by US and EU

Mediobanca returns to profit

Net income in fourth quarter hits €69.5m for Italian lender

Sulzer and Dresser-Rand in merger talks

Industrial pump and oil equipment makers aim to tap US shale boom

Banks’ VAT bills set to soar after ruling

Focus on costs shared between HQs and overseas branches

Arrests signal new order in Russia

Moscow rattled by tensions over Ukraine and sanctions

Richemont suffers as Asian sales flatline

Political uncertainty and shifts in consumer taste hit group

Shortfalls likely to emerge from ECB test

Unprecedented probe expected to expose banks’ capital weaknesses

Helsinki coalition at risk over reactor

Finland’s PM backs contentious nuclear plant

Sistema: Yukos, part deux

What happens when the state shows a sudden interest in an oligarch’s company?

PM demands end to Air France strike

Industrial action over low-cost arm grounds thousands of flights

Inditex buoyed as sales beat expectations

Store openings and online growth reinforce increase

Yevtushenkov placed under house arrest

Russian oligarch held on money laundering charges

Sky Deutschland boards oppose BSkyB bid

Planned move is part of pay-TV operator’s European shake-up

Orange in Africa bank cash transfer links

Partnerships aim to expand mobile money services across region

Mail.ru deal firms control over VKontakte

Russian internet group tightens hold on social networking site

AstraZeneca faces up to bittersweet moment

$500m tie-up recognises neuroscience costs but has greater chance of success

Turkey’s Bank Asya dented by Erdogan call

Lenders hit at ECB over secrecy agreements

Anger at ECB handling its probe of European banks’ balance sheets

Frankfurter Allgemeine cuts newsroom jobs

German daily newspaper to lose 200 jobs across group

Petropavlovsk plans rights issue

Indebted UK miner of Russian gold in refinancing bid

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