Peugeot did not sound out Fiat

Peugeot Citroen's founding family admitted they did not consider arranging talks with Fiat and just resorted with GM.


PGGM Dumps Wal-Mart Stock Due to Unresolved Labor Issues

PGGM would be selling its Wal-Mart stocks due to unresolved labor issues of the company. (Photo : Reuters)PGGM is a Dutch asset manager. Wal-Mart's silence regarding its labor relations in the US has prompted PGGM NV to stop investing in the company.

Lufthansa launches re-branded Germanwings to vie with no-frills rivals

Lufthansa launched its revamped budget airline called Germanwings to take on the competition. (Photo : Reuters)The photo displays airplanes of Europe’s biggest carrier, Lufthansa.

US drug fims vying for Celesio's stakes

McKesson Corp and Cardinal Health Inc are in talks with Celesio for its stakes, two sources said. (Photo : )The photo shows Celesio's, a German drugs company, official logo.


Latest News

Confie Seguros bought two insurance firms located in New York. (Photo : Reuters)This image shows a view of New York City ABRY Partners' portfolio company Confie Seguros announced on Monday that it purchased two insurance companies.
Lockheed Martin launched an international arm that will be led by Patrick Dewar, corporate strategy and firm development executive.
Idera named Randy Jacops as its new chief executive officer, and Joseph Stephens as vice president. Idera, a server management solutions provider from Houston, Texas, announced today that it has hired Randy Jacops to fill the company's top exec spot.
Citi Group would pay Fannie Mae US$968 million for potential mortgage repurchase claims incurred between 2000-2002.
UrgentRx named Michael Valentino as its new member of the board. (Photo : Reuters)This is the logo of UrgentRx. Flavored medications developer UrgentRx said on Monday that it welcomed Michael Valentino to its board of directors.
Japan's Seibu Holding has caught the attention of US based private equity firm TPG. (Photo : Reuters)Seibu Holdings Japan's Seibu Holding has captured the interest of TPG, a US based private equity firm.
News Corp and 21st Century Fox started trading off their assets which gave investors the crucial choice between two different firms.
Vodafone Group PLC is settling the current dispute with the Indian government for license renewal. (Photo : Reuters)The images shows the Vodafone logo.
Banks, Markit, and ISDA were charged with cutting off two credit derivatives transactions by the EU.
Trilantic Capital bought a minority stake in grill equipment manufacturer Traeger Pellet Grills. Trilantic Capital Partners announced on Monday that it bought a minority stake in wood pellet producer Traeger Pellet Grills.