Digital music service races ahead of rivals such as Beats and Deezer to become world's biggest, boasting 40m active users in 56 countries

Peripheral banks are moving in lockstep with their sovereigns again. Blame deleveraging

Scion's arrival at the top of one of world's largest ad groups comes just a few months after his father became vice-chairman of Vivendi

Barclays and Deutsche are diverging in terms of global ambition and priorities. But it is through the men at the helm that the contrast is clearest

Conference Board lists the top four challenges for this year as human capital, customer relationships, innovation and operational excellence

Austrian bank said the move would help it buy back “some or all” of the €2.5bn participation capital it issued during the financial crisis “promptly”

French dairy group to seek compensation for hit to sales caused by a warning issued by Fonterra over potentially infected supplies of whey protein

Eurotunnel is close to announcing an agreement with the two UK telecoms groups to provide voice and data services in the undersea tunnel

BP, Royal Dutch Shell, Total, ExxonMobil and Partex to exit venture with emirate as it labours over the process of selecting new partners

The activist hedge fund agrees to sell only part of its stake in German drugs distribution group to US-based McKesson, in spite of increased bid

UK manufacturer's approach for Finnish group, confirmed and pronounced dead simultaneously, looked like a good fit, but the timing is not quite right

The promise of oil riches from Kurdistan has remained, in the past 10 years, a promise only