The world's largest music company has told its workforce that French parent Vivendi still supports its £1.2bn move for record labels unit

Pan-European regulator begins inspecting the big three credit rating agencies to determine if the process is sufficiently rigorous and transparent

Row between Germany's carmakers and their French and Italian rivals centres on the critical formula for long-term CO2-cutting targets

The price paid for the specialist maker of diabetes drugs is far from cheap but with obesity continuing to rise, the potential is significant

The chief's departure signals a shift in strategic direction for which investors should be happy but they should not expect instant solutions

Investors yet to be convinced of chief's plan to turn round the defence contractor following huge losses and ethics inquiries at its companies

Louis Vuitton follows in footsteps of rival luxury goods groups by opening a boutique, selling branded fine jewellery. Versace plans to open standalone stores

German gas producer extends healthcare activities by signing a merger agreement to acquire the US provider of oxygen and respiratory homecare services

Instead of resorting to share buybacks, the Swiss staffing group needs to make a more aggressive push into emerging markets

A deal to reduce its control of the Czech electricity market could end the threat of a fine of up to $520m being imposed by Brussels

Largest US airline by revenue supports more consolidation of the domestic market and would not object to a merger between US Airways and American Airlines

Gerhard Gribkowsky has been sentenced by a German court to eight years for accepting $44m in corrupt payments relating to the sale of F1 to CVC