Bankers at Credit Suisse are set to take the biggest cut in bonuses so far in the 2011 bank reporting season.

Morrisons laid bare the extent of subdued trading in the grocery sector yesterday, unveiling festive sales growth below expectations as it warned of another "tough year" ahead. The supermarket boasted of "outperforming" the sector as recently as November, but yesterday said that sales growth was only "in line with the market".

German mistrust of the euro was graphically illustrated by new figures published yesterday which revealed that over 13 billion worth of Deutsche Marks were still unaccounted for a decade after the introduction of the single currency

The troubled Yellow Pages publisher Yell has won a crucial breathing space after lenders agreed to relax rules on its £2.6bn debt load.

The moribund City deal market got an injection of life yesterday when Old Mutual said it would offload its Nordic business for £2.1bn.

A package bomb sent to the Greek Embassy in Paris was discovered by authorities and safely disabled today, and caused no injuries or damages, an embassy official said.

A letter bomb exploded at an office of Italy's tax collection agency yesterday, wounding the organisation's director.

An envelope sent to one of the world's most prominent bankers contained a live letter bomb, German authorities said yesterday.

A suspicious package addressed to Deutsche Bank chief Josef Ackermann contained a fully functional bomb, German authorities say.

If you trust the opinions of analysts in the Square Mile, 2012 could be a pretty good year for Croda. They painted an optimistic picture yesterday of the future for the chemicals group – its customers include make-up giants L'Oréal and Estée Lauder – claiming a growing need to look good has left it sitting pretty.

The blue-chip index's worst losing streak for nearly nine years may have finally come to an end last night, but Vedanta Resources was among those missing on the long-overdue rally.

The German banker?

The focus is on the giant oil companies this week as BG, BP and Royal Dutch Shell issue third-quarter results. Given the spike over the last year in the price of the black gold, earnings comparisons are likely to be strong across the board, although crude has edged back in the last few months.