Daimler

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Paddy Power Betfair climbed almost 3.2 per cent to €101.00 after it agreed a merger of its US unit with the sports site FanDuel.

European stocks fell on Thursday as car industry shares came under pressure after the US launched an investigation into auto imports, while stocks wer(...)

Ryanair was ahead 2.6 per cent to €16.70, a day after its annual results. An analyst note on Tuesday speculated on the possibility of further share buybacks. File photograph: Andrew Yates/Reuters

European shares touched their highest level since the start of February on Tuesday as car makers and bank stocks climbed and Italian shares recovered.(...)

A breakdown of the figures shows the company recorded €93.3 million in turnover in 2016 with driver payments totalling €84.3 million

The Irish arm of Daimler-owned MyTaxi recorded a near €4 million loss in the year it announced an all-share merger with Hailo. But the company stresse(...)

Shoppers leave a Gap  store in Beijing. The firm said “We sincerely apologise for this unintentional error”. Photograph:  Gilles Sabri/Bloomberg via Getty Images

US fashion retailer Gap became the latest giant corporation to apologise to China for selling a T-shirt with an “incorrect” map that did not feature (...)

Volvo saw car sales rise 14 per cent to 147,407 units in the first quarter.

Zhejiang Geely Holding Group, the owner of Volvo Cars, has appointed three global investment banks to lead the Swedish carmaker’s initial public offer(...)

Eurobank deputy CEO Stavros at the offices of the bank’s start-up accelerator programme EGG in Athens, Greece, in February. Photograph: Costas Baltas/Reuters

Greek student Stavros Tsompanidis was walking on a beach when he saw a business idea in the piles of dried-up seagrass. He decided to recycle it to m(...)

Elon Musk has poured his own money into Tesla.

The company that Elon Musk built to usher in the electric-car future might not have enough cash to make it through the calendar year. The anxieties t(...)

Volkswagen has named Herbert Diess as its new chief executive. Photograph: Fabian Bimmer/Reuters

Volkswagen has chosen Herbert Diess as its new chief executive in an overhaul that includes streamlining the company’s multiple car brands into just t(...)

Mercedes-Benz is planning to challenge Tesla in the premium electric vehicle market. Photograph: Omer Messinger/EPA

Mercedes-Benz is developing a battery-powered sedan about the size of its $90,000 flagship S-Class, challenging Tesla’s Model S for high-end electric(...)

Fiat CEO Sergio Marchionne: his ‘rock star’ status will make it difficult for FCA to find a successor for the long-time CEO. Photograph: Chris Ratcliffe/Bloomberg via Getty Images

Who should sit in the driving seat of the world’s carmakers? The question of who will lead their businesses into the future is coming to a head for se(...)

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