GM’s Ammann sees ‘modest continued growth’ in U.S. market in 2014
DETROIT (Reuters) – Dan Ammann, the incoming president of General Motors Co , said on Monday the automaker expects the U.S. market to continue to grow modestly in 2014.
Americans see stable inflation over the year: new Fed survey
NEW YORK (Reuters) – A freshly launched survey released Monday found that consumer expectations for overall inflation remained stable in the recent months for both the short- and medium-term horizon.
IMF adds four European countries to financial risk list
WASHINGTON (Reuters) – The IMF on Monday added Denmark, Finland, Norway and Poland to its list of countries that must have regular check-ups of their financial sectors, under an effort to prevent a repeat of the global financial crisis.
Sexy performance meets ‘green’ ethic at Detroit auto show
DETROIT (Reuters) – To look over the roster of racy new and future vehicles at the 2014 North American International Auto Show here, the initial impression is that U.S., European and Asian automakers want to turn back the clock to a time when performan…
Fiat’s Marchionne to stay on for at least 3 years
DETROIT/MILAN (Reuters) – Sergio Marchionne will remain the chief executive of Fiat for another three years at least, Chairman John Elkann said on Monday, ending speculation that the architect of landmark deal with Chrysler may soon retire.
Toyota unveils sports car concept in bid to recapture Supra sizzle
DETROIT (Reuters) – Toyota Motor Corp took the wraps off a new sports car concept on Monday, underscoring an effort by Japan’s largest automaker to energize its brand and fill a void in its lineup after discontinuing the Supra more than a decade ago.
GM sweeps 2014 North American car and truck awards at Detroit show
DETROIT (Reuters) – General Motors Co on Monday swept the coveted awards handed out each year at the start of the North American International Auto Show in Detroit, claiming the top prize in both the car and truck categories.
Europe banks cheer easing in leverage rules, shares rally
LONDON (Reuters) – Deutsche Bank and Barclays led European bank stocks on Monday to their highest for nearly three years after regulators watered down new rules aimed at strengthening banks but which could have limited their ability to lend.
Eminence backs Men’s Wearhouse bid for Jos. A. Bank
(Reuters) – Eminence Capital LLC, a key shareholder in both Men’s Wearhouse Inc and Jos. A. Bank Clothiers Inc , said it would seek a court ruling to prevent Jos. A. Bank from refusing to discuss a $1.61 billion takeover offer from Men’s Wearhouse.
Goldcorp offers C$2.6 billion to acquire Osisko Mining
TORONTO (Reuters) – Goldcorp Inc launched an unsolicited cash-and-stock bid to acquire smaller rival Osisko Mining Corp for C$2.6 billion ($2.4 billion) on Monday, in a move to gain control of Osisko’s Malartic gold mine in Quebec.
