Tata Motors top executive dies from fall in Thailand; police suspect suicide
BANGKOK/MUMBAI (Reuters) – Karl Slym, managing director of India’s biggest automaker Tata Motors Ltd , died after falling from a hotel room in Bangkok in what police said on Monday may have been suicide.
Liberty Global buys Ziggo to expand European cable empire
UTRECHT, Netherlands/BRUSSELS (Reuters) – U.S. cable group Liberty Global has won its 10-month pursuit of Ziggo with a deal that values the Dutch operator and its debt at 10 billion euros ($13.7 billion) and expands billionaire John Malone’s vast Europ…
U.S. safety regulators open probe of hybrid Camry braking
DETROIT (Reuters) – U.S. safety regulators opened an investigation into an estimated 30,000 Toyota Camry hybrid electric sedans after receiving numerous consumer complaints about braking problems.
Tata Motors top exec dies in Thailand; police suspect suicide
BANGKOK/MUMBAI (Reuters) – Karl Slym, managing director of India’s biggest automaker Tata Motors Ltd , died after falling from a hotel room in Bangkok in what police said on Monday may have been suicide.
UK Ford workers to be balloted over strike action
LONDON (Reuters) – Britain’s biggest union, Unite, said on Monday it is to ballot 5,000 workers for strike action at car manufacturer Ford in a row over job security and pensions.
Samsung to pay Ericsson $650 million plus royalties to end patent spat
STOCKHOLM (Reuters) – Samsung Electronics Co will pay Ericsson $650 million along with years of royalties to end a technology license spat, the Swedish company said on Monday.
Workers urge Volkswagen to build new model at Hanover plant
HANOVER, Germany (Reuters) – Workers at Volkswagen’s Hanover assembly plant are demanding the carmaker build a new model at the site to safeguard jobs as it may lose an order for Porsche’s Panamera, a VW labour leader said.
Emerging sell-off hits European shares, lifts yen
LONDON (Reuters) – Emerging markets led a global sell-off in risky assets on Monday as European stocks followed sharp falls in Asia and safe-haven assets such as the yen and gold rallied.
General Motors CEO says Opel is vital part of automaker
RUESSELSHEIM, Germany (Reuters) – General Motors Co’s new chief executive, Mary Barra, on Monday said lossmaking European unit Opel was a vital part of the automaker.
GM’s Ammann nominated as Opel supervisory board chairman
FRANKFURT (Reuters) – General Motors President Dan Ammann has been nominated to succeed Steve Girsky as chairman of Opel’s supervisory board, Opel said in a statement on Monday.