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Volkswagen explores offer for Europcar

Bloomberg Volkswagen AG is exploring an offer for Europcar Mobility Group, according to people familiar with the matter. Shares of the rental-car company soared. Volkswagen’s considerations are at an early stage, said the people, who asked to not be identified because the matter isn’t public. The carmaker could opt to not proceed with an offer, they said. Europcar shares rose ...

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Facebook dealt blow as German court strikes business model

Bloomberg Facebook Inc. suffered a setback in a key challenge to its business model as Germany’s highest civil court said it has “no doubt” that the social network misuses its dominant market position. Judges at a hearing ruled that Facebook must comply with a strict order curbing the network’s leeway in tracking users’ browsing and smartphone apps even as it ...

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French business confidence jumps in June

Bloomberg French business confidence surged in June, rebounding from the lockdown damage as the economy continues to reopen. The improvement follows figures showing a pickup in measures of activity in the euro area and data last week that indicated the slump in France wasn’t as bad as initially expected and consumption is returning quickly. A closely watched measure of business ...

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