GM counts on redesigned Canyon to pull sales from rivals
DETROIT (Reuters) – General Motors Co will not mind if its new GMC Canyon steps on the toes of its larger cousin the Chevrolet Silverado, as long as the redesigned mid-sized pickup truck stomps on vehicle sales by other automakers.
Accenture named lead contractor for Obamacare website: government
WASHINGTON (Reuters) – Accenture has been chosen to replace CGI Federal as the lead contractor for the Obamacare enrollment website, which failed to work when it launched in October for millions of Americans shopping for health insurance, the U.S. Cent…
France’s Total to invest in Britain’s shale gas quest
LONDON (Reuters) – Total is set to become the first major oil company to invest in Britain’s nascent shale gas industry, boosting the industry’s profile in a country seen as one of Europe’s strongest prospects for unconventional oil and gas development…
BP appeal to stop ‘fictitious’ U.S. oil spill claims fails
(Reuters) – One of BP’s attempts to curb payouts for what it says are “fictitious” and “absurd” claims related to the 2010 Gulf of Mexico oil spill has failed after a legal appeal was rejected by a U.S. court.
Wal-Mart’s international finance chief to leave company
(Reuters) – Cathy Smith, Wal-Mart Stores Inc’s finance chief for the international division, will leave the company to take a “leadership position” at an unidentified company, Wal-Mart said on Saturday.
Price war in U.S. mobile market raises fear of profit hemorrhage
NEW YORK (Reuters) – New Year’s rivalry among U.S. mobile operators has Wall Street worried that the industry’s profits could seriously decline.
Sacyr says has $574 million at stake in Panama contract
MADRID (Reuters) – Sacyr , the Spanish building company leading a consortium to expand the Panama Canal, said it risks losing $574 million in guarantees and advance payments if a spat over cost overruns at the multi-billion dollar project is not resolv…
Lithuania must show sustainable public finances to adopt euro: EC
VILNIUS (Reuters) – Lithuania must demonstrate its public finances are sustainable in the medium term to win approval to adopt the euro in 2015, Olli Rehn, the European commissioner in charge of economic and monetary affairs, said on Saturday.
VW braces for market challenges as posts 2013 record sales
BERLIN/FRANKFURT (Reuters) – Europe’s largest automaker Volkswagen is bracing for challenging markets as it posted record 2013 sales with demand from China and North America more than offsetting declining deliveries in core European markets.
Australia’s Telstra may sell Sensis for $2.7 billion: report
(Reuters) – – Australia’s biggest phone company Telstra Corp. is in advanced talks with a U.S. private equity firm over the sale of its Sensis directories business for as much as A$3 billion ($2.7 bln), local media reported on Saturday.
