CRH closed down 1.3 per cent at €18.78 after US peer Wolseley reported a slowdown in residential spending. Photograph: Brenda Fitzsimons

European stocks fell for a fifth day as a gauge of lenders declined to its lowest level this year and equities in peripheral nations tumbled. Investo(...)

All of majority Volkswagen shareholder Porsche SE’s common stock is now held by the Porsche and Piech families, said Wolfgang Porsche. Photograph: Volkswagen

The Porsche-Piech family bought Qatar Holding’s 10 per cent stake in Porsche Automobil Holding to regain full control of the majority owner of Volkswa(...)