Owen Killian, chief executive of Aryzta: the Swiss-Irish food group closed the day up 3.7 per cent to €44.89. Photograph:  Cyril Byrne

European stocks rose yesterday as oil prices steadied, supporting energy shares, after first tumbling when Iran and six world powers reached an agre(...)

An investor holds a board showing “government saves the market so that investors will be happy” at a brokerage house in Shanghai, China. Photograph: Reuters/Aly Song

China stocks, led by small caps, extended their recovery for a third day yesterday, raising hopes that measures taken by Beijing to prevent a full-blo(...)

A new Mercedes-Benz car is seen at a parking lot outside a dealership in Beijing. German luxury carmaker Mercedes-Benz has been found guilty of manipulating prices for after-sales services in China, the official Xinhua news agency reported, citing regulators. Photograph:  Petar Kujundzic/Reuters

German luxury carmaker Mercedes-Benz has been found guilty of manipulating prices for after-sales services in China, the official Xinhua news agency r(...)

A 1978 VW Camper mini bus. VW’s future is being decided in China, Russia, India, the Americas and 
S
southeast Asia its chief executive has said. Photograph: Alan Betson / THE IRISH TIMES

CANTILLON: Commentators who claim the recession is hitting the middle classes more than the wealthy need look no further than the motor industr(...)