Wave of China IPO suspensions in setback for reforms
SHANGHAI (Reuters) – Five Chinese companies said on Monday they were postponing initial public offerings (IPOs), in a blow to Beijing’s reformist drive to give market forces a “decisive” role in the country’s stock exchanges.
Ford’s bet on F-150 reflects new tech, Mulally’s imprint
DETROIT (Reuters) – Peter Reyes recalls that 15 years ago, it took nine months for Ford Motor Co to make two possible designs for a vehicle frame. Now, the chief engineer of the revamped F-150 pickup truck says he can create 100 different examples in t…
Target planning “significant changes” after data breach: CNBC
(Reuters) – Target Corp plans to make “significant changes” in light of the data breach over the holiday shopping season when hackers stole personal information of millions of customers, the U.S. retailer’s chief executive said in an interview to CNBC….
Volkswagen says it plans to invest $7 billion in North America
DETROIT (Reuters) – Volkswagen AG said on Sunday it plans to make a sport utility vehicle tailored for the North American market and will invest $7 billion in the region as it seeks to increase sales.
Exclusive: More well-known U.S. retailers victims of cyber attacks – sources
BOSTON/WASHINGTON (Reuters) – Target Corp and Neiman Marcus are not the only U.S. retailers whose networks were breached over the holiday shopping season last year, according to sources familiar with attacks on other merchants that have yet to be publi…
Daimler CEO says building new U.S. factory ‘an option’
DETROIT (Reuters) – Daimler Chief Executive Dieter Zetsche said the Germany-based auto maker may build another factory in North America as a way to ramp up global production capacity.
Analysis: Detroit automakers face test of leadership in 2014
DETROIT (Reuters) – General Motors Co named a new chief executive, Ford Motor Co kept its old leader and Chrysler Group LLC’s CEO averted a divisive public offering. And that was just in the last 30 days.
GM close to reintroducing common stock dividend, CFO says
DETROIT (Reuters) – General Motors Co’s chief financial officer said on Sunday that the U.S. automaker is close to reintroducing a common stock dividend, but he declined to provide any details on timing.
GM close to reintroducing common stock dividend, CFO says
DETROIT (Reuters) – General Motors Co’s chief financial officer said on Sunday that the U.S. automaker is close to reintroducing a common stock dividend, but he declined to provide any details on timing.
Five Chinese firms postpone IPOs as regulator tightens supervision
SHANGHAI (Reuters) – Five Chinese firms announced on Monday that they had postponed their initial public offerings (IPOs) after China’s stock regulator said overnight it would strengthen its supervision of IPOs.
