The investment will Opel and Vauxhall to return to improve Opel's market share in Europe, currently at just over 6%. It would also permit Opel to launch 23 new models and 13 new powertrain systems by 2016....More
Company said investment is to prepare for ‘unprecedented demand for commercial airplanes -- including a forecast of another 34,000 airplanes required over the next 20 years.’...More
The announcement marked the second time that the WTO has reined in its figures for 2013, after initially estimating that world trade would expand 5.6%....More
Google was in the firing line again on Tuesday after a group of major companies, including Microsoft and Oracle, complained to the European Commission over Google's offerings for Android-powered mobile phones....More
Stressing that the United States had an 'immense stake' in a prosperous Europe, U.S. Treasury Secretary Jacob Lew said that consumer demand was the driver of economic growth....More
Synthesis Energy Systems, Inc.’s agreement with Hainan Dongfang Henghe Energy Development Company Ltd. is for a $1.6 billion coal waste to synthetic natural gas project....More