Ryanair seeks rivals’ help in bid
Ryanair is seeking regulatory approval for its proposed takeover of Aer Lingus by asking at least six airlines to operate alternative services on some of the Irish flag carrier’s routes. Ryanair has approached competitors, asking them to consider providing competition on routes to and from Dublin.
Aviva activists say directors must go
An activist group of Aviva policyholders and private shareholders is hoping to reignite the row that prompted the insurer’s chief executive to stand aside, calling on another four directors to leave. Almost four months after Andrew Moss stood aside following a shareholder revolt over pay and performance, the group that led criticism of his tenure has turned its sights on other board members.
Statoil finds oil in North Sea
Statoil has raised its production aspirations in Norway after confirming the discovery of a large field in the North Sea. The Norwegian state-controlled oil group said yesterday that it was seeking to produce more oil domestically in 2020 than now.
Still boys only at the top
Britain’s biggest companies may have heeded calls to end the male dominance of boardrooms, but the glass ceiling remains firmly in place when it comes to their top executive positions.
Travelodge rival knocks at the door
As if losing control of 49 of its hotels was not bad enough, Travelodge may have to give some to a rival it has fought for the past 25 years. Premier Inn is understood to be examining up to half a dozen of them.
The Daily Telegraph
Greece settles with Siemens
It is not quite the bailout booster Greeks were hoping for, but Athens has extracted €330m from Siemens, the German engineering group, in settlement of corruption charges.
Disney may buy out Paris park
The Walt Disney Company is considering buying out the loss-making Disneyland Paris theme park complex. Disney currently owns 39.8 per cent of the French business, which opened in 1992.
THE WALL STREET JOURNAL
Regulators rethink pre-IPO chatter
US securities regulators are reviewing whether to ease limits on what companies can say ahead of initial public offerings, after lawmakers complained small investors were kept in the dark during this year's botched stock sale by Facebook.
US car makers to face Canada strikes
The Canadian Auto Workers said workers at Chrysler, General Motors and Ford have voted to go on strike if necessary to back up the union’s bargaining committees.