GM Invests in Lightweight-Steel Maker
To improve the fuel economy of its future cars and trucks, the automaker is investing in a company that has designed a new type of lightweight, high-strength steel.
Ford Building in More Factory Flexibility
The automaker is planning to open nine new plants in its Asia Pacific Africa region.
German Foreign Minister: Don't Let eurozone Debate Turn Nasty
After a weekend of ugly exchanges, Guido Westerwelle warned politicians to rein in the language they use about the debt crisis.
TNT Express Convinced UPS Deal Will Go Ahead
United Parcel Service Inc.'s (UPS) planned acquisition of TNT Express NV (TNTEY, TNTE.AE) is on track to win approval from European regulators in the fourth quarter, executives of both companies contend.
Vanguard, E*Trade Resume Routing Retail Orders to Knight -Spokesman
Vanguard Group Inc. and E*Trade Financial Corp. (ETFC) have begun sending a portion of their retail customer orders to Knight Capital Group (KCG) after the embattled brokerage secured a $400 million lifeline from a group of investors.
Brazil's Petrobras Expects To Write Down Fewer Dry Wells Ahead
Brazilian state-run energy giant Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said Monday it expects to write off fewer dry wells in the quarters ahead, after its latest results took a surprise hit from exploration projects that failed to bear fruit.
Novo Nordisk Concludes DKK1.8 Billion Share Buyback
Danish pharmaceutical firm Novo Nordisk A/S (NOVO-B.KO) said Monday it has concluded a share buyback program that was started in May.
Czech UniCredit Unit More Than Doubles Profit on Higher Fees
UniCredit Bank Czech Republic AS, a Czech unit of Italy's lender UniCredit SpA (UCG.MI) Monday said it has more than doubled its profit in the six months through end-June on higher fees and net interest income.
Stork Sets Pricing on EUR265 Million 5-Year Bond to Yield 12% Area
Netherlands-based Stork Technical Services HOLDCO BV has set the pricing on its 265 million euro ($328.1 million), five-year, senior secured high-yield bond to yield in the area of 12%, one of the banks running the deal said Monday.