John Steve

Leading investors in Barclays Bank (BSC) are backing Stephen Hester to succeed Robert Diamond as the new chief executive of Barclays PLC (BCS), the Sunday Telegraph reports, citing one of the bank's top-10 shareholders.

German auto parts maker Continental AG (CON.XE) is being affected by the euro zone's debt crisis as southern Europeans buy fewer cars, the company's chief financial officer said in an interview published Sunday.

Mehmet Dalman, the chairman of mining giant Eurasian Natural Resources PLC (ENRC.LN), has hired an adviser to help carry out work to split the company in two, U.K. newspaper The Sunday Telegraph reports, without citing sources.

Israeli holding company Delek Group Ltd. (DLEKG.TV) said Sunday that it has sold 5.15% of its stake in Delek U.S. Holdings Inc. (DK) for $71.5 million.

China's trade surplus will continue to narrow in August, as export growth is likely to stay weak, the official Xinhua New Agency reported Sunday, citing a report by Bank of Communications Co. (BCMXY, 3328.HK, 601328.SH), the country's fifth largest bank by assets.

Bats in the bleachers of Olympic Stadium? Now there's an Olympic legacy to give many people nightmares. But not Kim Olliver. Faced with the prospect of having bats take up residence in the girders of Olympic stadium, Olliver, the senior ecologist for the London Olympics, could barely contain her

The International Olympic Committee will temporarily withhold a bronze medal from a South Korean soccer player who displayed a political sign after a game against Japan.

Hoping to build on state-level reforms aimed at closing the education achievement gap, the Education Department opened its Race to the Top competition to school districts on Sunday, inviting the poorest districts across the country to vie for almost $400 million in grants.