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High bar set for ThyssenKrupp successor
ThyssenKrupp, the German steel and industrial conglomerate, aims to come back to its pre-crisis profitability within the next five years, its chief executive says
Renault seals Avtovaz revamp deal
Russia announced a Rbs50bn government cash injection into carmaker Avtovaz as part of a rescue agreement with Renault, which will contribute €240m worth of technology and know-how
Sweden rules out state bail-out for Saab
Sweden’s prime minister has ruled out a government bail-out for Saab Automobile and warned that European leaders must not stand in the way of efforts to tackle overcapacity in the car industry
Nakheel's creditors dash to limit damages
Creditors of Nakheel, the property development company at the heart of Dubai's debt crisis, were scrambling last night to identify potential collateral to claim from...
Coffee pods boost RPC
The plastic packaging company benefits from the booming market in coffee pods marketed by Nescafé and Kraft and the switch by baby food manufacturers from metal and glass to plastic
BMW sells F1 team back to founder
The carmaker has sold its Formula One team back to its founder, Peter Sauber, scrapping a deal with Swiss-based Qadbak Investments, to secure the team’s future
Rome rethink on US ID card suppliers
The Italian government is set to abandon plans to issue sophisticated identity cards using an optical stripe from LaserCard, a US company, in favour of cheaper technology
Signs of growth turn jobseekers' tide
Britain appears to be regaining some of its allure among east European workers as signs emerge that the country is returning to economic growth. Last year saw a flood...
Dubai may now wish it was Florida
John Gapper: The financial crisis has come full circle. Having started in Florida, home of speculative property development and sub-prime lending, it is...
Interserve seeks PFI pension solution
Interserve, the support services and construction group, is seeking to offset the growing shortfall in its pension scheme by injecting into it the equity and mezzanine...
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