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FTSE rises after volatile session

Rio was in the spotlight on speculation that shareholders could vote down a proposed joint venture with BHP Billiton

Swiss Re swings back to growth

Disparate third-quarter earnings results among the continent’s insurers have highlighted the difference a year can make

LCH.Clearnet streamlines ownership structure

LCH.Clearnet has announced it has completed its shareholder streamlining, ending a two-year saga over the ownership of the clearing house

GM’s Europe chief steps down after Opel sale U-turn

Carl-Peter Forster, head of General Motors in Europe, is to leave the company just days after the US carmaker decided to hold on to its Opel/Vauxhall operations

Deutsche Börse submits bid for Warsaw exchange

No word from NYSE Euronext or Nasdaq OMX as deadline passes

EDF reactor timetable sparks concern

Potential delays to the construction of the state-controlled utility’s new generation nuclear reactor prompt the group to put teams to work around the clock

Capgemini aims for top five in US

Paul Hermelin, chief executive of the French IT services group, is planning a series of acquisitions to strengthen the company’s position in the US market

Generali open to opportunities

Generali could take advantage of the expected shake-out of Europe’s insurance sector as a result of the global financial crisis to make an acquisition, says its co-chief executive

Eurozone heads for exit from loan measures

The European Central Bank left interest rates unchanged at the record low of 1% as it moved closer to implementing a softly-softly ‘exit strategy’ to unwind exceptional actions taken to combat the recession

Huawei of China picked for Telenor 4G upgrade

The loss of a big contract in their Nordic stronghold underscores the challenge facing Ericsson and NSN as competition from China increases and capital expenditure by mobile operators remains weak

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