According to a VW spokesperon, the trading volume at the London Stock Exchange was too low as against the administrative costs required.
Europe
Samsung offers settlement for EU probe on patent lawsuits
The South Korean technology firm Samsung offered to settle with the EU Competition Commission as to the patent lawsuits currently being investigated.
Pope Francis says people not money should be the center of global economic system
Pope Francis condemned the global economic system for idolizing money. In a visit to the port city of Cagliari, Sardinia, Pope Francis attacked the global economic system.
America Movil bid to come later than sooner
America Movil is biding its time in making a formal offer for KPN. America Movil SAB recently said it won't be making a formal offer until early October as it needs more time to negotiate with the management of Royal KPN NV.
Greencoat purchases two wind farms
Greencoat, fresh from its IPO, purchases two wind farm projects from BayWa at a total cost of GBP70 million.
Latest News
Compiled reports by The Next Web confirmed news that Samsung Electronics Co Ltd would be region-locking almost all of its Android phones.
Bob Diamond, the former CEO of Barclays, said he planned to purchase more Barclays shares in the bank's rights offering.
According to a statement today, a group led by private equity firms Corsair Capital LLC and Centerbridge Partners LP would be preferred by Royal Bank of Scotland Group Plc to purchase its 314 branches.
A source told Bloomberg that a unit of Goldman Sachs and two Denmark-based pension funds were close to purchasing a stake in Denmark utility Dong Energy.
Former BASF SE executive Wolfgang Buechele would be replacing Linde AG current chief executive Wolfgang Reitzle next year, said the German company in a statement.
Foreign ministers of the BRICS nations expressed concerns about cyber snooping reports on individuals, businesses and country leaders.
The British government said on Friday that the initial public offering of the nation's Royal Mail postal service would value the company at GBP3.3 billion or USD5.3 billion.
Danish wind turbine producer Vestas Wind Systems announced that it would be forming a new joint venture with Japanese conglomerate Mitsubishi Heavy Industries.
OAO Gazprom Neft, the Russian state owned natural gas giant, has been shopping around for lower interest rate termed loans.
