Volkswagen posts 6.3% December group sales gain, 2013 record deliveries

BERLIN/FRANKFURT: Germany's Volkswagen increased group sales by 6.3 per cent in December as demand from China and North America more than offset declining deliveries in core European markets.

Technology companies fight for funds as venture capitalists look elsewhere

European technology companies are trapped in a funding bottleneck as venture capital firms refuse to reinvest in the sector until they see a return from earlier investments, such as music service Spotify, via successful stock market flotations.

Vodafone confirms talks with Verizon over US stake sale

Vodafone has confirmed it is in talks with US company Verizon Communications over the sale of its 45% stake in their joint venture, Verizon Wireless.

Most big US technology groups slip European tax net

LONDON: Most big US technology companies cut their tax bills by not declaring a tax residence in their main European markets, preventing tax authorities in those countries from even assessing their income, a Reuters analysis of hundreds of corporate filings shows.

BMW profits fall on tougher European markets

BMW saw profits fall in the first quarter of 2013 after the carmaker suffered tougher trading in Europe.

Mattel raises prices after ho-hum holiday quarter

(Reuters) - Mattel Inc , the maker of Barbie dolls and Hot Wheels cars, is raising prices globally as it looks to rebound from a lackluster holiday selling season plagued by concerns about the U.S. economy.

ArcelorMittal cuts $4.3bn from value of Europe business

Steel giant ArcelorMittal is to write down the value of its European business by about $4.3bn (£2.6bn) because of the economic downturn on the continent.