And in the real world....Prudential, Thomas Cook, Reckitt Benckiser, VW and more.

LONDON - Today's round up of the biggest business stories

And in the real world....Prudential, Thomas Cook, Reckitt Benckiser, VW and more
And in the real world....Prudential, Thomas Cook, Reckitt Benckiser, VW and more

Unexpected news that the German and French economies may have pulled out of recession in the second quarter has rewritten the script for Europe's economic outlook.
Source: the Wall Street Journal

Volkswagen is to pay €3.3bn ($4.7bn) for a 42 per cent stake in Porsche's main production division, the two German carmakers said yesterday as they thrashed out more details of a move towards a full integration.
Source: The Financial Times

The outgoing chief executive of Prudential has dismissed suggestions the insurer could sell its UK business after the company's strong half-year results pushed its shares 11pc higher.
Source: The Daily Telegraph

lThomas Cook Group PLC said Thursday its net loss in the last nine months widened, and warned that it will miss its profit target next year.
Source: the Wall Street Journal

lReckitt Benckiser may join the growing list of companies shifting their tax headquarters out of the UK, as its overseas employees become more reluctant to relocate to Britain owing to the high cost of living.
Source: The Financial Times

THE BBC has paid out £100,000 to Richard Evans, one of its most experienced presenters, after he was sacked amid claims that he was bullying his staff.
Source: The Daily Telegraph