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Drop in German business morale points to meagre growth

German business morale deteriorated more than expected in May as confidence in the services sector worsened, a survey showed on Thursday, suggesting that Europe's largest economy is losing steam after solid growth at the start of the year.

Nissan board nominees not broaching merger issue - member

Nissan Motor Co is not considering the possibility of a merger with top shareholder Renault at the moment, and none of the nominees to the Japanese automaker's board are pressing to make it an issue now, an external director said on Thursday.

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May clings to power as Brexit gambit backfires

Prime Minister Theresa May was clinging on to power on Thursday after her final Brexit gambit backfired, overshadowing a European election that has shown a United Kingdom still riven by division over its EU divorce.