As it strives to energize its Cadillac brand that once led the U.S. luxury auto market, General Motors Co said on Friday it will begin production of a new "top-end, high-technology car" by the end of 2015.
Sectors
After China, GlaxoSmithKline faces pressure for change
GlaxoSmithKline may have closed one chapter in a saga of corruption allegations by accepting a $489 million fine in China, but the drugmaker has its work cut out to win back skeptical investors.
Bundesbank says German economy robust but cautions on August
Germany's economy remains robust, the country's central bank said on Monday, predicting a generally positive end to the year despite a slowdown so far.
UK's EE to buy 58 stores from Phones 4u for 2.5 million pounds
Britain's biggest mobile operator EE has agreed to buy 58 stores from retailer Phones 4u [PHONE.UL] for 2.5 million pounds (4 million US dollar), after the retailer was placed in administration a week ago.
EMC explores merger, holds talks with Dell, HP
Data storage products maker EMC Corp (EMC.N) held merger talks with rivals Dell Inc [DI.UL] and Hewlett-Packard Co (HPQ.N), the Wall Street Journal reported citing people familiar with the matter.
Latest News
U.S. car manufacturer General Motors Co is recalling hundreds of thousands of cars over a defect in the parking brake that could cause a fire, a letter by the top U.S. auto safety regulator showed.
Financial policymakers of Japan, China and South Korea agreed to work together to ensure that geopolitical tensions will not threaten the region's economic recovery.
Germany's defense ministry is demanding price cuts and longer cancellation periods on the A400M military airlifters it has ordered from Airbus, but which will be delivered later and less equipped than planned, a newspaper reported on Sunday.
U.S. fund managers are finding a lot to like about finger-painting and naptime. Fund ownership of Bright Horizons Family Solutions Inc, the only publicly traded daycare company in the United States, swelled 21 percent in the most recently reported quarter according to fund tracker Morningstar.
The Group of 20 leading nations say they are tantalisingly close to adding an extra $2 trillion to the global economy and creating millions of new jobs, but Europe's extended stagnation remains a major stumbling block.
Leaders of two of the United States' largest law firms, Boston-based Bingham McCutchen and Philadelphia's Morgan Lewis & Bockius, have agreed to merge, according to three people familiar with the matter.
If Larry Ellison sailed off on his yacht for good tomorrow, who would really run Oracle Corp (ORCL.N)? Reuters asked a cast of Wall Streets analysts, and the verdict is dealmaker and finance guru Safra Catz.
China will continue leading a prudent monetary policy with focus on targeted easing measures, Premier Li Keqiang said, according to a statement published on a central government website.
Air France pilots have voted to extend their week-long strike over cost cuts and plans for the company's Transavia unit by a further four days until Sept. 26, the head of the SNPL union said on Saturday.
