Secusmart GmbH has sold thousands of secure smartphones used by top government officials such as Germany’s Angela Merkel. As privacy concerns grow, Secusmart is predicting that regular citizens will also become big buyers of its 2,000-euro ($2,770) devices.
Volkswagen AG, Europe’s largest automaker, is weighing options for its Spanish division Seat to begin producing cars in China as part of a broader effort to restore earnings at the company’s only unprofitable unit.
Lar Espana Real Estate Socimi SA, a company that plans to buy distressed property in Spain, rose on the first day of trading in Madrid on expectations it will benefit from a recovery in the country’s real estate market.
Adidas AG forecast 2014 profit as much as 17 percent below analysts’ estimates as the weakness of currencies such as the Russian ruble and Argentine peso weighs on the world’s second-biggest sporting-goods maker.