Frankfurt / AFP Car parts supplier Continental upped its forecast for 2016 on Wednesday after strong performance in its tyres business. Chief executive Elmar Degenhart said the group would target an adjusted operating profit of “over 11%”, where previously the target had been set at “around 11%”. Continental’s net profit in the second quarter grew to 905mn euros, up ...

  Beirut / AFP Syrian regime forces bolstered by Russian air strikes recaptured territory overnight in the southwest suburbs of the battleground city of Aleppo, rolling back the short-lived gains of a rebel offensive. Rebels and their extremists allies launched an assault on Sunday in a bid to ease a more than two-week government siege of opposition-held districts of the ...

  London / AFP Coalition warplanes bombed one of former Iraqi dictator Saddam Hussein’s palaces which was being used as a training base by the IS extremist group, Britain’s Ministry of Defence said on Wednesday. The palace in the IS stronghold of Mosul in northern Iraq was attacked in a joint operation by the US-led coalition on Monday, with British Tornado ...