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General Motors Co.’s share price up, its China joint venture contacted by antitrust regulator

August 12, 2014 7:47 am
General Motors Co., the worlds third-largest auto manufacturer by sales, revealed that its passenger-vehicle joint venture located in China was contacted by the antitrust regulator in the country. This happened while an industry investigation is being carried out against no less than seven foreign car manufacturers that were forced to reduce prices of spare parts, […] Read more

UK shares retreat after Washington’s authorization of air strikes in Iraq

August 10, 2014 9:11 am
Shares in the United Kingdom marked a third successive session of losses on Friday, as US President Barack Obama authorized the use of force against militants in Iraq. The FTSE 100 Index lost 0.45% on a daily basis, or 30.01 points, to close at 6,567.36 in London, which has been the lowest closing level since […] Read more