Frankfurt - Shares in giant German tyre maker Continental AG rocketed by more than 20 per cent Monday after the group confirmed that it had held takeover talks.
Nuremberg, Germany - A European takeover fight turned fierce Wednesday, with the German market-information company GfK announcing it would make a cash bid for its British rival Turner Nelson Sofre
Berlin/Beijing - Europe's biggest carmaker Volkswagen AG said Tuesday that sales in China raced ahead by 23 per cent during the first six months of the year.
Brussels - The European Commission has launched disciplinary proceedings against Britain because its budget deficit is too large, diplomats said Tuesday.