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.

Even as someone who loves Fernando Torres, I must concede the the highlight of the Community Shield thus far has been Yaya Toure kicking Torres in the face.

Stephen Kiprotich has won Uganda's first-ever medal in the Olympic marathon, taking the gold Sunday morning in London.

Spain has been looking forward to this rematch for four years. They'll get another chance against Team USA on Sunday morning in the match that seemed predestined from the start. Team USA and Spain will meet early Sunday to battle for the gold medal in men's basketball, just as they did in Beijing

For the second straight Olympics, USA and Spain will meet in the men's basketball gold medal game.

Russia has won its first ever medal in men's basketball, defeating Argentina for bronze early Sunday in an instant classic.