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Endeavour probe into former CEO finds hidden payments of $15m
An investigation into controversial former Endeavour Mining boss Sébastien de Montessus found two more “deliberately disguised” payments totalling $15m to an unnamed third party, the company said on Wednesday.
Ithaca eyes UK tie up with Eni; Profits slump on UK tax levy
North Sea oil and gas producer Ithaca Energy on Wednesday said it was looking at a potential tie-up with Italy's largest energy firm Eni covering its UK assets and reported a slump in annual profits blaming the British government’s energy tax and project impairments.
Europe open: Shares mirror weaker Wall St; H&M surges on Q1
European shares were flat at the open as investors looked for direction and shares in Swedish fashion giant H&M surged after profits smashed estimates.
Europe midday: Markets still cautious, but DAX outperforms
European shares edged ahead at midday with Germany's DAX outperforming, while shares in Swedish fashion giant H&M surged after profits smashed estimates.
Asos, Boohoo, Asda ordered to green up their act
UK regulators have ordered Asda, Asos and Boohoo to avoid "greenwashing" environmental claims on the clothing they sell.
EZ consumer sentiment climbs to three-month high
Economic sentiment in the eurozone showed signs of improvement with a closely watched survey showing businesses were becoming more upbeat about future prospects.
Diploma buys US fastener maker Peerless for £236m
Diploma said it had bought Peerless Aerospace Fastener, a distributor of specialty fasteners into the US and European aerospace markets for £236m.