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.

Frankfurt  - The European Central Bank (ECB) said Thursday that the num

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.

Berlin  - Germany Tuesday welcomed the formation of a Serbian government pledged to closer ties with the European Union, but called on the new government in Belgrade to cooperate fully with the int