Oil group confirms receipt of ‘unsolicited' approaches from state company to buy half of troubled joint venture that accounts for 29% of its production

Carmaker looks to strengthen the importance of its fast-growing China subsidiary and accelerate integration of the group's truckmaking businesses

Dutch telecoms group advises shareholders to reject offer from Latin American mobile group, saying premium is not high enough

The largest Wall Street securities dealers held talks with institutional investors to discuss concerns over shrinking liquidity and the rise of electronic trading

Sale to Stage C, jointly owned by Anschutz's AEG and ticketing group CTS Eventim, allows the UK entertainment retailer to focus on restructuring

Despite losing control of Argentine oil company following renationalisation, Spanish group lifts stake to 12% after Eskenazi move

Socialists hope efforts, using state shareholdings, to seek executive pay cuts will bear fruit in forthcoming parliamentary elections

Leaders need to be ready for a Greek exit. In panicked markets, investors flee to havens, sparking other flames, writes Robert Zoellick

Madrid is pressed to reveal the details of the government's €19bn Bankia rescue as top ministers meet international and European economic leaders

Investors have high hopes for chairman Leif Johansson, described as ‘tank covered with pillows', as he readies for ‘period of significant change'

Agency lowers ratings on nine banks, including the country's largest lender Danske Bank, as part of a broad review of the European financial sector

Swiss Re's disposal of its American business highlights changing landscape as regulation threatens to make life even tougher for insurers