GM shows Bolt electric vehicle concept with 200-mile driving range
DETROIT (Reuters) – General Motors Co on Monday showed its Chevrolet Bolt concept car with an electric driving range of more than 200 miles and a $30,000 price tag, offering a view into where the U.S. automaker is pushing in development of electric veh…
As oil plummets, how much pain still looms for U.S. energy firms?
NEW YORK (Reuters) – With nearly a quarter of U.S. energy shares’ value wiped out by oil’s six-month slide, investors are wondering if the sector has taken enough punishment and whether it is time to pile back in ahead of earnings reports later this mo…
Auto industry’s past and future collide in Detroit
DETROIT (Reuters) – For Detroit’s first auto show of the 21st Century in January 2000, General Motors announced “the largest auto show exhibit ever in North America” to usher in the new Millennium.
Auto industry’s past and future collide in Detroit
DETROIT (Reuters) – For Detroit’s first auto show of the 21st Century in January 2000, General Motors announced “the largest auto show exhibit ever in North America” to usher in the new Millennium.
Roche in $1 billion-plus Foundation Medicine deal to boost cancer efforts
ZURICH/LOS ANGELES (Reuters) – Roche Holding will acquire a majority stake in molecular and genomic analysis business Foundation Medicine, it said on Monday, signaling its determination to expand in cancer immunotherapy by paying a hefty mark-up on the…
Oil prices sink further and give boost to European shares
LONDON (Reuters) – Oil prices showed no sign of escaping their downward spiral on Monday and signs emerged that cheap crude may have a positive impact on the European economy, with airlines and the auto industry leading the region’s shares higher.
Lufthansa sees 2015 fuel bill down 13 percent, shares rise
BERLIN (Reuters) – German airline Lufthansa expects its fuel bill to fall by 13 percent in 2015 because of lower oil prices, setting it on course for higher profit this year and boosting its shares.
Two blue-chip companies drop UBS as corporate broking adviser: FT
(Reuters) – UBS Group AG, Switzerland’s biggest bank, lost two more blue-chip corporate broking clients, the Financial Times reported, citing people familiar with the situation.
Shire to buy NPS for $5.2 billion to boost rare disease drugs
LONDON (Reuters) – Shire Plc has agreed to buy U.S. group NPS Pharmaceuticals Inc for $5.2 billion, the Dublin-based drugmaker’s biggest acquisition yet as it seeks to strengthen its position in the lucrative field of medicines for rare diseases.
Food issues will not block EU-U.S. trade deal: German minister
BERLIN (Reuters) – Disagreements about food safety and farming are not likely to stand in the way of a free-trade agreement between the European Union and the United States, Germany’s farm minister told Reuters on Monday.
