Volkswagen sales nudge past Toyota

German carmaker outsells Japanese group despite declines in China

Orange signals hope for end to price war

Phone group notches up first quarterly sales rise in four years

Zurich Insurance considers bid for RSA

Swiss group confirms it is evaluating possible offer for UK insurer

Deliveroo

UK takeaway start-up Deliveroo nets $70m

Early-stage delivery business latest to fulfil investor appetite

KKR joins €500m bet on Irish housing revival

US private equity group teams up with government fund

Deutsche Börse chief maps out growth plan

Kengeter wants to increase revenue by as much as a third

Fiat Chrysler endures a grim weekend

Safety problems add to Marchionne’s packed in-tray

Pharma M&A: portfolio theory

Even after a $40bn deal, the pharma sector remains unsettled

Ryanair targets growth in Germany

Irish carrier’s move to put pressure on Lufthansa and Air Berlin

Ryanair: fuel tanks

Hedging fuel costs can hurt when the oil price falls

UBS shares slip despite surge in profits

Swiss bank reports 50% rise in second-quarter earnings

Paris faces €5bn bill to rescue Areva

Share of capital raising rests on EDF talks over reactor unit

Mylan plunges after Teva abandons bid

Shares drop as Israeli group pursues rival Allergan deal

BHF Kleinwort Benson reviews Fosun offer

HK-listed conglomerate in aggressive European acquisition drive

Philips buoyed by US healthcare recovery

Chief warns over the impact of macroeconomic slowdown

Altice targets NextRadioTV for buyout

Billionaire Patrick Drahi sets out media consolidation plans

UBS profits beat expectations in Q2

Swiss bank reports net income of SFr1.21bn

Fiat Chrysler hit with $105m record fine

Carmaker criticised for handling of 23 recalls on 11m vehicles

Russian groups prepare foreign debt blitz

RenCap says investor interest indicates ‘worst is over’

Finmeccanica changes tack on US sale

Brighter defence outlook sees retention of $5bn electronics arm

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