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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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Aerospace industry is flying turbulent course

Aerospace

The industry seems to be heading for greater turbulence as there are too many new planes on manufacturers’ order books

LEX

Saab

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Saab owners have the greatest “psychological involvement” with their cars, but for General Motors, the time for emotional attachment is over

SPECIAL REPORTS

Aerospace

An engineer works for Boeing's 787 Dreamliner project

A five-year trend of deregulation in China has been thrown into reverse while the airline industry has seized the initiative
on emissions

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