LUXEMBOURG—Germany won a decisive victory over the European Commission on Tuesday in its bid to preserve state influence at Volkswagen, after Europe’s top court rejected an attempt by Brussels to scuttle a law that helps shield the carmaker from takeovers.
LONDON—A closely watched survey has raised hopes that the laggard of the global economy—the 17-country eurozone—may be growing again. Financial information company Markit said Wednesday that its monthly purchasing managers’ index for the eurozone rose for the fourth month running.
BERLIN—Audi will devote more than $17 billion to capital spending worldwide over the new few years, and it will spend more than $2.6 billion annually on R&D.