Shell earnings hit by $2bn writedown

Souring investments at North American business weigh on profits

Siemens results hit by project charges

Operating profit rises 37% but misses analysts’ forecasts

Banco Espirito Santo posts loss of €3.58bn

First-half results wipe out capital buffer

AstraZeneca deal targets Almirall drugs

Deal reinforces challenge AstraZeneca poses to GlaxoSmithKline

Banco Espírito Santo slumps to €3.58bn loss

Portuguese lender takes large impairment charge

Luxury group Kering beats forecasts

Paris-based company buys Swiss watchmaker Ulysse Nardin

Easy credit conditions benefit the few

Danger signs despite improving economic conditions in Europe

Russian lender braces for reduced role

VTB discovers no institution is too big to go on blacklist

Germany: Bank balance

After a public bailout, five Landesbanks now face threatening ECB stress tests

Russian bank VTB defiant over sanctions

Moscow markets rise despite EU and US measures

Peugeot turns first profit in three years

Results boost credibility of French carmaker’s turnround plan

Unilever says locals are biggest rivals

Challenge in emerging markets is from homegrown operators

BBVA profit highlights Spanish recovery

Lender says bad loan provisions fall sharply

Total suspends Russian share purchases

Energy group halts buying of stock in Novatek after MH17

Airbus eyes sale of Dassault stake

Commercial airliners drive increase in group earnings

Klépierre to take over Corio in mall deal

Combined group to have 182 shopping centres

US-style mall consolidation lands in Europe

Simon Property Group became dominant player through mergers

UN reviews rules on conflict zone flights

Icao says downing of MH17 highlighted ‘gaps’ in the system

UBS pays €300m to settle tax probe

Swiss bank calls settlement ‘significant step’ in moving forward

Europe’s investment banks fight back

Some banks are regaining ground from US rivals in trading debt and currency instruments


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