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  • Breaking news

Principal content

Eon wins key ally in Endesa battle

Eon won ground in the tense €42bn battle for Endesa when the savings bank Caja Madrid – the third-largest shareholder in the Spanish electricity group – voted to align itself with the German utility.

N Ireland’s political opposites reach deal

Paisley and Adams take historic step

Retailers shift supply chain tasks to China

Distribution ‘bypassed’ in destination countries

Related content and features

German group seeks to delist from NYSE

SGL aims to cut costs following Sarbox

Oil price jumps as Iran fears grow

UK ’has proof of sailors’ innocence’

Bafin director charged with €6.8m fraud

Scandal grows at financial watchdog

Shares in Alinta suspended for two days

Group mulls Macquarie, Babcock bids

BP blast probe finds tensions at top

Report criticises Manzoni but finds no wrongdoing

Porsche triggers VW offer

Takes stake above 30 per cent

Citigroup set to move or cut 15,000 jobs

Prince under pressure over share price

Lex

Housebuilding consolidation

Corporate activity is generally born out of either exuberance or necessity. But the raft of UK house building deals over the last 18 months has been due to a fair dollop of both.

Markets

Faith in Eurozone will improve

Image

The confidence of consumers and businesses in the single currency area has been improving steadily and further strong data is expected this week.

Monday interview

Rum character

Bacardi logo

Andreas Gembler, the former head of Philip Morris, has been reinvigorated by abandoning a quiet life to take the helm at Bacardi.

Comment

Brown’s German lesson

Wolfgang Munchau

There may be times when you want a leader who will think for more than five minutes before taking a country to war, writes Wolfgang Munchau.

Comment

As America falters, policymakers must look ahead

Lawrence Summers

As a US slowdown looms, it is better to respond to current circumstances than focus on past mistakes, writes Lawrence Summers.

Analysis

The lamest of ducks

george w bush

Beset with scandals, the Bush White House is losing control of its agenda. Republicans are distancing themselves and a constitutional clash looms.


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