From FINANCIALS 7:17pm

Kengeter to leave UBS

Former investment bank chief goes in shake-up

A Finmeccanica stand at the Farnborough International Air Show in July 2012 ©Bloomberg From INDUSTRIALS 7:11pm

Arrests put Finmeccanica strategy at risk

At issue is how ‘decapitated’ group will be run without its chief

From ENERGY 6:24pm

Statoil sees new era in Arctic oil hub

Billions of dollars to be spent on the project

From LEX 6:17pm

L’Oréal: plain looking

Cosmetics group should be bolder in spending the €1.6bn on its balance sheet

From FINANCIALS 5:59pm

Blackstone bets on Spanish recovery

Managing director will focus on buyouts in crisis-stricken countries

Tattersalls Horse ©Getty From WORLD 5:25pm

Horse cull by cash-strapped owners

Food scandal: Irish animal slaughter rises 10-fold as economy falls

Banco Santander chief executive Alfredo Sáenz ©EPA From FINANCIALS 5:23pm

Spain court partially annuls Sáenz pardon

Judges rule Madrid overstepped its powers over Santander chief

From RETAIL & CONSUMER 5:18pm

Hermès sees sharp rise in sales

Group shows its appeal amid mixed luxury market

From ENERGY 5:10pm

Dragon Oil forecasts 10% production rise

Further investment in Turkmenistan fields planned

From LEX 4:50pm

Finmeccanica: Mamma mia!

Corruption probe could halt the good turnround work

From INDUSTRIALS 3:33pm

Michelin chief upbeat despite slow going

Sénard sees this year as one of ‘transition’

From INDUSTRIALS 2:10pm

Mr Clean’s arrest knocks Finmeccanica

‘Decapitation’ limits defence group’s room for manoeuvre

From INDUSTRIALS 1:28pm

Italian police arrest Finmeccanica chief

Investigation into €560m India helicopters deal

From TRANSPORT 1:14pm

Brussels to block Ryanair’s Aer Lingus bid

Veto will be first time commission bars a planned merger twice

From TELECOMS 12:54pm

Nokia hits out at Indian tax inspectors

Finnish mobile group calls authorities’ actions ‘unacceptable’

From FINANCIALS 11:45am

UBS fined £9.45m over AIG fund sales

UK regulator says bank failed to give proper advice

From TRANSPORT 11:26am

CMA CGM finalises debt revamp

Shipping line agrees deal with 72 banks over $4.6bn debt

From ENERGY 9:32am

Fresh doubts about Shell’s Alaska plans

Rigs sent to Asia for repair forcing further delays

From TECHNOLOGY 9:27am

TomTom off course after satnav demand dips

Dutch group warns that 2013 revenues might be up to 10% lower than forecast

From INDUSTRIALS 8:54am

ThyssenKrupp turnround stays on track

German conglomerate makes progress on break-even pledge

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