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Last Updated: Sunday, 25 March 2007, 09:16 GMT 10:16 UK
The new VW Golf GTI
Porsche plans to raise its stake in fellow German carmaker VW but says it is not pursuing a full takeover.

Oil prices rise to their highest level this year after 15 British navy personnel were seized by Iranian forces in the Gulf.
DaimlerChrysler shares rise sharply on fresh speculation about a possible sale of its struggling Chrysler business.

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FTSE 100 6339.4 up 21.40
Dax 6899.1 up 42.10
Cac 40 5634.8 up 36.38
Dow Jones 12481.0 up 19.87
Nasdaq 2448.9 down -2.81
S&P 500 1436.1 up 1.57
BBC Global 30 5742.2 up 8.76

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