German engineering giant Siemens is likely to follow in IBM's footsteps by selling off its mobile phone business to a Chinese company, says the German newspaper Frankfurter Allgemeine Sonntagszeitung.
Ferrari chief Jean Todt has defended the decision to report their Formula One rivals for using what they believe are illegal tyres and said they were just doing what any team would have done in the circumstances.
Midfielder Michael Ballack says Germany do not need to play a "beautiful game" to succeed and should focus instead on developing a winning mentality.
Jain did not want to financially burden the bank with his own, personal decision to quit