A group of 24 Danish institutional investors in OW Bunker said on Tuesday it would sue Carnegie Investment Bank and Morgan Stanley, accusing both of misleading them about the 2014 listing of the now bankrupt marine fuel oil supplier, Reuters reported. The investors, including two of Denmark’s largest pension funds, ATP and PFA, say they lost 767 million crowns ($123 million) after buying OW Bunker shares “on the basis of a prospectus which was insufficient in material aspects”.

German aviation investor Hans Rudolf Woehrl late on Sunday said a company controlled by his INTRO Group had submitted a 500 million euro ($600.70 million) offer to buy insolvent Air Berlin, Reuters reported. Air Berlin, Germany’s second-largest airline, filed for bankruptcy protection in August, spurring interest from several buyers seeking to snap up about 140 leased aircraft and valuable take-off and landing slots in Germany.

The boards of West Africa-focused Avocet Mining and its Societe des Mines de Belahouro (SMB) subsidiary will resume talks on Friday aimed at saving the struggling gold operation from insolvency, Reuters reported. SMB, which operates the Inata gold mine in Burkina Faso, is is struggling to keep the mine operating after former workers seized a shipment of gold last year and faces possible insolvency after the expiry of a freeze on loan repayments. The boards of SMB and Avocet, which owns 90 percent of the Inata mine, were to meet on Sept. 8 to consider “all available options”, Avocet had said.

Tata Steel has ditched its £15bn UK pension fund after receiving the green light from regulators, boosting the prospects of the Port Talbot steelworks. The company said it had received approval from the Pensions Regulator and that it had separated the British Steel Pension Scheme from its UK business. Tata had claimed that the retirement fund was a financial drag that threatened to pull the country’s largest steelmaker into insolvency, throwing thousands of jobs and a bedrock industry into doubt, the Financial Times reported.

Carillion, the struggling construction and outsourcing group, is shaking up its top team in an effort to turn itself round following a profit warning that left the company’s future in doubt, the Financial Times reported. Finance director Zafar Khan is stepping down under an agreement with Keith Cochrane, the former chief executive of Weir who agreed to temporarily run the company following a shock profit warning in July. Emma Mercer, the finance director of Carillion’s construction arm, will take Mr Khan’s place as CFO.

Insolvent German airline Air Berlin may drop more long-haul routes next week to cut costs as it races to find investors before it runs out of cash, people familiar with the matter said on Friday. Air Berlin, Germany’s second-largest airline, was forced to file for bankruptcy protection last month after shareholder Etihad Airways withdrew funding following years of losses. Its planes are kept aloft thanks to a 150 million euro ($180.7 million) government bridge loan, which will last only until the middle of November at the latest, Reuters reported.

The U.K. has gained potential allies in its bid to hold on to the business of clearing euro-denominated derivatives after Brexit, Bloomberg News reported. Sweden said a European Union proposal to allow authorities to force the biggest foreign derivatives-clearing firms to set up shop in the bloc could prove excessive, according to a Sept. 4 document that summarizes the positions of 10 national governments. Spain highlighted the “considerable costs” a location policy would entail, and Ireland warned that it could leave firms scrambling to find clearing alternatives.

The unusual coincidence of the French and German electoral calendars has sent pulses racing on the prospect of a new Franco-German alignment to push European integration forward, the Financial Times reported. With an emphatically Europhile Emmanuel Macron in the Élysée, and encouraging signals from Angela Merkel, who seems set to remain in office, hopes are high that with the German election out of the way soon, a meeting of minds will reignite the old Franco-German engine. So far, however, signals are all we have.

German shipping group Rickmers, which filed for insolvency in June, said on Thursday its ship management unit had the all-clear to continue business after it was bought by Bremen-based Zeaborn Group and owner Bertram Rickmers, Reuters reported. The company said in a statement that a consortium consisting of Zeaborn and Bertram Rickmers bought the division, which has its main sites in Hamburg, Singapore and Cyprus after they won a bidding process.

Emmanuel Macron has made the case for an overhaul of the eurozone during a two-day state visit to Greece, calling for reforms that showed “maximum ambition,” the Financial Times reported. The French president and his wife travelled to Athens with about 40 French executives on a visit designed to mark Greece’s relative return to normality after the eurozone crisis.